I just watched this video by one of my favorite Crypto channels Sunny Decree, and right away he gets into the big question a lot of people have when it comes to cryptos, "what will happen when major institutional investment begins?".
What's funny is at the end of the video, the John McAfee tweet is the same old joke my dad would tell me. Just some farmer's wisdom....
Familiar names like Rothschild, Rockefeller, Soros etc to say hold significance in any market is the greatest understatement that one could make. These families created the modern forms of finance that we know today. However, depending on whom you ask, their opinion on whether this has been beneficial to the world as a whole is extraordinarily varied. In the opinions of this author, money is a domain, that no single party should have the control of the issuance. It is meant for the "commonwealth" of the people whom adopt it. Money, as I've said before in previous posts, is an idea and unit of measure.
It's just a tool, it's not real.
It doesn't actually exist.
So we can all agree that money and trade are good things. Let's not forget Milton Friedman's famous lecture on, "No one actually knows how a pencil is made".
Maybe that wasn't the title of his lecture but you get the idea. Bitcoin's emergence after the financial collapse of ten years ago is no coincidence. Now that institutional investment can no longer ignore crypto currencies, the real test of the recycling wealth of these technologies will be witnessed on a massive scale, even more so than last December right before this past major correction.
Yes, I have been HODLing for some time now, and have stupidly bought a few times the past few months, but now we are imminently approaching an ultimate test of this technology. The market manipulators are closing in, yet as Bix Weir mentions "it's not about how much your crypto is worth, it's about how much crypto you have".
So if you haven't gotten your money off an exchange, get a Ledger Nano S or a Trezor immediately. Take control of your domain. It's yours and it only takes 21,000,000 people to realize...
all i need is 1...
I just expand it
Sweet lol I love your videos doug I watch them all the time, even the livestreams....not kidding haha
btw I was the one trolling you when you had the foam hanging from the wall that was crooked....sorry....it was worth it though
Hello! Good article! Upvote follow you, let's increase the power of Steemit together! I hope you follow and Upvote me. I'm always glad to have a new acquaintance with good people! ;)
I like this post
Thanks man, it's been hard coming back online with life being as crazy as it is
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