Crypto currencies and tokens have stabilized and have found a strong supporting floor. It has been a rough 6 months for the block chain industry but this is part of the growing pains of a new global technology. With that being said, here is the good news.
Crypto currencies and tokens have had a great 2018 so far when it comes to news events. This year we have seen positive government regulations and rulings in one country after another. We have also seen as huge global investment in the infrastructure of the crypto currencies. Big Fortune 100 companies all are involved in some way shape or form. Some are open about it and other companies are more secretive but they all have a stake in this Fin Tech industry.
More and more hedge fund managers, government officials and CEO executives are making public statements about this being the future of the financial world. What will cause a huge spike in the value of cryptos is this. More and more corruption and foul play will be exposed within governments and corporations. Much of this exposure will show the fraud of financial policies, mis allocated funds and outright theft. Peoples confidence in the old banking system will be shaken. Under extreme public pressure, governments will be forced to adopt crypto currencies to calm the masses.
Only crypto currencies will have zero debt. Only crypto currencies are based on transparency, honest transactions, and are counterfeit proof. People will globally demand honest money that is out of the control of the distrustful banking cartel. Even the frauds of Wall Street and other global stock markets will be exposed. People will also demand that all future equities market be based on the blockchain with full transparency. This will help platforms like Veritaseum, Dim Coin and other platforms that could handle equities transactions in a fair, low cost blockchain platform (with zero corruption).
I have always viewed holding crypto currencies and tokens as financial insurance against the well known global corruption of the Central Banks. When the house of cards comes down, only a few "safe" havens will exist. I firmly believe that cryptos are the way to go. Yes, Gold and Silver will do fine but the trend of future global commerce is clearly going to use digital currency/assets utilizing the blockchain, smart contracts and atomic swaps.
The time to get insurance is before you need it. Do you have your financial insurance? I do.
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I'm in total agreement with you on that, my bet is two spike from now til December with a good correction in between
Yes, I would agree with your comment. Thank for your reply
Interesting that you made a reference about DIM coin. I would love to hear more of this coin. Thank you.