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Re: OTC_Buyer post# 298

Saturday, 12/30/2017 11:30:47 AM

Saturday, December 30, 2017 11:30:47 AM

Post# of 449
OTC Buyer, The futures trading only applies to Bitcoin itself, so its effect on the other cryptos is only a spillover effect. Some of the speculative activity merely moved into the smaller cryptos.

But when big government regulations come, then the whole sector will get creamed. Jim Rickards says the government/central banksters can pull the plug on the sector at will when it begins to threaten their own currency racket / monopoly. Their plans are to use blockchain/DLT for their own 'official' currencies, and the independent cryptos like Bitcoin will shrink back to being marginal vehicles for illegal drug and arms traders like it was before.

In the meantime the crypto casino is open, but you need to keep one eye on the exits. Digital currencies using blockchain/DLT are the future, but the big banks and government will be the 'trusted 3rd party', just like now. People are dreaming if they think the powers that be will allow their control over money to slip away.

























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