ON OUR WAY TO 30K BTC

in hive-183397 •  2 years ago 

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It is a very good day for the cryptocurrency market and we are on our way to 30k BTC. Things are now lining up very nicely and we have seen this real pivot regarding that kind of macroeconomics. Not only the FED and the government saying that they will come out to bail the banks. This is what Satoshi created Bitcoin for and I do believe that in the next 24 months, there is going to be a complete upending of the entire monetary system that we currently have. There is historic data on the bond market and the stock market. The last time we had that kind of price moment was 12 months ago or 24 months after on each occasion, one was in the 1930s, one was in the 1960s, and they had a whole change in the monetary system. I do believe another one is coming and crypto is just very coincidentally formed into place.

They are saying that are going to bail out banks if they fail by not commercial banks. The big banks they choose to back are the ones they have control over. They won't bail out the private banks, they won't fully insure them. I look at Bitcoin, and I believe that we are on our way to $30,000 BTC and I think is a matter of time. There are some interesting comments essential suggest that people have taken over the Silicon Valley bank I think HSBC has got to cut ties with people's crypto-related activities which is quite interesting. Even though the Gensler news is quite negative, we have got the like of Fidelity crypto quietly went live giving millions of retail customer access to crypto.


You also have got Black rock CEO, Larry Fink coming out and saying that the US needs to kind of speed things up or they are going to miss out on this innovation. We are seeing Gary Gensler going after some centralized exchange and we have already seen him go after the like of Kraken for promoting and offering security-like services. We are now seeing him sort of call into question these individual cryptos and ask for people behind them to come and look for compliance.

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