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I anticipate even greater valuation for Bitcoin .....

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planetaryfuture   Monday, 11/16/20 11:04:45 AM
Re: Cryptonomicon1 post# 21620
Post # of 21651 
I anticipate even greater valuation for Bitcoin .....

First reason would be the proposed legal implementation of USA Digital Currency by no later than January 1, 2021 .....

Then there happens to be the recent legal sanction of a Cryptocurrency Banking facility in Wyoming ..... by way of "Kraken Financial" ..... officially validating and securing the exchange of cryptocurrency ..... thereby cementing a practical pathway to a future .....

One must also look at the apparent failed Institution of Central Banking ..... with its practice of "predatory" fractional reserve banking ..... whose opaque "dark practices" tend to create a fiscal crisis with eternally painful consequences ..... and never a viable solution !!! .....

What really happened on Jekyll Island Georgia in 1913 when the seeming "slippery-eel foundation" for the so-called private "Federal Reserve System" had been furtively "set in place?" ...... Why would this be considered a prudent business practice more than 100 years later ??? !!! ..... Even outgoing President Woodrow Wilson called the Federal Reserve Act of 1913 .... "the greatest mistake of my administration" .....

Also ..... one might casually notice the high caliber of "genius" centered in the digital technology trading sector ..... Take a glance at Leemon Baird with his development of the Hashgraph model ..... which eliminates the seeming inordinate time factor typifying Bitcoin transactions ..... While the novel thinking of Baird is merely the proverbial "tip-of-the-iceberg" .....

Numerous "financial service institutions" appear to be "struggling to fiscally survive" the advent of "blockchain technology" along with its transparent and remarkable benefits ..... Some have worked toward joining the "new wave of exponential change" ..... as commercial business and retail consumer demand intensify .....

Additional upside potential with respect to cryptocurrency and applications of "blockchain ledger technology" awaits empowerment !!!

While I remain optimistic !!!

Best Wishes





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