I see absolutely NO CORRELATION between Crypto and Forex.
"Forex" is short for "Foreign Exchange".
Forex trading depends on borrowed money, ie MARGIN. You put up a small amount of cash, like 5%, and you borrow the rest. If the market moves against you your cash can be gone in seconds and you get a margin call. In Forex you can easily lose many-many times your initial cash investment. You are "on the hook".
And you are saying that Crypto is like Forex? How is that?
You have to be kidding...
Or else you don't have a clue of what you are talking about.
Just consider the fact that each crypto currency has hard limits of the amount that can be issued and it is stated publicly.
Whereas, Forex is based exclusively on fiat currencies that are issued and controlled by governments. These governments can (and will) issue as much as they want and they never make public the amount or the reason.
Fiat currencies generate massive debt because of the lack of controls. I find it interesting that the US Gov is trying hard to control and regulate crypto, while they have spent the USA into technical bankruptcy with unwinnable wars that seemingly no one wants, and that have cost the taxpayers $11 TRILLION (so says the DOD).
Have you ever wondered why it is illegal to take more than $10K USD out of the country without declaring it?
Whereas I can carry my entire life savings with me anywhere I go, stored in crypto on a Ledger Nano. And no one will know I have it on me.
By bringing Forex into the discussion you are NOT comparing "apples and oranges". More like comparing rocks with clouds.
All just my opinion...
