CRYPTO CRASH

Crypto crash and future of web3

The crypto crash is a thing we all know, but what is it about the future of the web3?

All over the world, people are nervous.

Prices are rising, pundits are speculating about a global recession, and we’re wondering what the next few months will hold in our pocketbooks, gas tanks, and jobs.

This time last year, bitcoin, stock prices, and consumer sentiment worldwide were at an all-time high. Everyone felt great. But in January, things started to crumble. Stock prices around the world began to tumble, bitcoin prices began to slide, and high-flying crypto names (and coins), have gone belly-up.

It turns out the economies around the world might have been flying too high and now things have changed.

Central banks worldwide are jacking up interest rates to slow down overheated economies and fighting a crusade against inflation, causing prices to spike.

So what does this have to do with programming?

Programmers work for all sorts of companies these days. So, if companies are now switching from hiring new employees (and programmers), to letting them go, it could impact you.