Remember what this all is about - Cryptocurrency Reporters - A Light To Cryptocurrency World

Sunday, 15 April 2018

Remember what this all is about


Aapl stock is the most liquid paper out there with 30m volume on strong days. Btc as the most liquid coin has over 10b volume days. So we are up to 300times more liquid. Now remember some things happening in the world: QE going on everywhere like crazy. Bank of Japan now owns 75% of all japanese ETF, since they are the last entity buying. Europe and america are following suite. Central banks with a blank checkbook buy up all debt, stock and realestate they can while the vatican and investmentbank eat up all precious metals that hit the markets. Our babyboomer parents, which held the majority of all these assets are net sellers for a very long time now and this madness will come to an end eventually. All the time i hear the same arguments, namely: "but if they buy all crypto with their printed money?" - let them. This can only drive up the price while the usd has some buying power left. Then they can tank the markets just temporarily by selling what they have. They still cannot print new coins so their power will always be limited. "Taxes omg taxes..." this becomes entirely voluntary. They can lock up some "taxevaders" for now, but they cannot take your coins. It is not to their benefit to load up on costs without achieving their goals of collecting actual value. More sane taxcodes will have to come or the new wealthy will just not pay anything. For now we are stuck with the percieved limitless power of the state, wait what happens once btc or any other immutable asset is the biggest currency in the world for a longer time (6month perhaps). The central banks will have no ammo left. They will have bought up all their legacy markets and have no better angle to the new ruling markets then you and me. A police or military you can only pay in less and less valuable paper will not stand by you for long. A lesson every superpower in the history had to learn the hard way. So chill out and hold your private keys. You dont even know how much power you have. Gl to all of you :) via /r/CryptoCurrency https://ift.tt/2qxCeyF Aapl stock is the most liquid paper out there with 30m volume on strong days. Btc as the most liquid coin has over 10b volume days. So we are up to 300times more liquid. Now remember some things happening in the world: QE going on everywhere like crazy. Bank of Japan now owns 75% of all japanese ETF, since they are the last entity buying. Europe and america are following suite. Central banks with a blank checkbook buy up all debt, stock and realestate they can while the vatican and investmentbank eat up all precious metals that hit the markets. Our babyboomer parents, which held the majority of all these assets are net sellers for a very long time now and this madness will come to an end eventually. All the time i hear the same arguments, namely: "but if they buy all crypto with their printed money?" - let them. This can only drive up the price while the usd has some buying power left. Then they can tank the markets just temporarily by selling what they have. They still cannot print new coins so their power will always be limited. "Taxes omg taxes..." this becomes entirely voluntary. They can lock up some "taxevaders" for now, but they cannot take your coins. It is not to their benefit to load up on costs without achieving their goals of collecting actual value. More sane taxcodes will have to come or the new wealthy will just not pay anything. For now we are stuck with the percieved limitless power of the state, wait what happens once btc or any other immutable asset is the biggest currency in the world for a longer time (6month perhaps). The central banks will have no ammo left. They will have bought up all their legacy markets and have no better angle to the new ruling markets then you and me. A police or military you can only pay in less and less valuable paper will not stand by you for long. A lesson every superpower in the history had to learn the hard way. So chill out and hold your private keys. You dont even know how much power you have. Gl to all of you :)

Aapl stock is the most liquid paper out there with 30m volume on strong days. Btc as the most liquid coin has over 10b volume days. So we are up to 300times more liquid. Now remember some things happening in the world: QE going on everywhere like crazy. Bank of Japan now owns 75% of all japanese ETF, since they are the last entity buying. Europe and america are following suite. Central banks with a blank checkbook buy up all debt, stock and realestate they can while the vatican and investmentbank eat up all precious metals that hit the markets. Our babyboomer parents, which held the majority of all these assets are net sellers for a very long time now and this madness will come to an end eventually. All the time i hear the same arguments, namely: "but if they buy all crypto with their printed money?" - let them. This can only drive up the price while the usd has some buying power left. Then they can tank the markets just temporarily by selling what they have. They still cannot print new coins so their power will always be limited. "Taxes omg taxes..." this becomes entirely voluntary. They can lock up some "taxevaders" for now, but they cannot take your coins. It is not to their benefit to load up on costs without achieving their goals of collecting actual value. More sane taxcodes will have to come or the new wealthy will just not pay anything. For now we are stuck with the percieved limitless power of the state, wait what happens once btc or any other immutable asset is the biggest currency in the world for a longer time (6month perhaps). The central banks will have no ammo left. They will have bought up all their legacy markets and have no better angle to the new ruling markets then you and me. A police or military you can only pay in less and less valuable paper will not stand by you for long. A lesson every superpower in the history had to learn the hard way. So chill out and hold your private keys. You dont even know how much power you have. Gl to all of you :)

No comments:

Post a Comment