A Mexican bank to accept Bitcoin?
This is an interesting take for a banker to have. We will see how this one pans out. We see some governments jumping on the bandwagon but this is the first banker that I know of to take such a stance.
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Here comes the GEC!!! Remember, GEC is the opposite of FUD. Greed, Enthusiasm/Euphoria, Confidence/Certainty vs Fear, Uncertainty, Doubt.
As much as the mainstream media keep bashing crypto, the fact remains that smarter and smarter people are entering the space. Price can go anywhere, at any time, but the long-term trend is still very, very bullish.
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It's just an acronym I coined. As far as I know, I'm the only one to use it. lol Although, it was permanently recorded on the blockchain last week when I made it up so....I should have a good case for getting credit. :-)
As far as who is promoting it....I just use it to describe articles that are positive for crypto and Bitcoin in particular. Like this Mexican billionaire, and El Salvador, etc. Positive articles that increase the Greed, Enthusiasm, and Confidence/Certainty that Bitcoin and crypto are on the rise. As opposed to the Fear, Uncertainty, and Doubt the media seems to promote.
I'm sure I'll be the only one using the term for a while but, you never know, it may catch on eventually. lol Bring on the GEC!!!!
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I just tweeted the idea out.
We will see what the response it.
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Should I be making t-shirts? lol
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I like it. Let us spread GEC - Greed, Enthusiasm, and Certainty.
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I like it!
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I like it too! Let's make it a thing lol
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Who are the promoters of GEC?
Is that something the media puts forth or us?
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I think we'd have to start pushing it in context and hope the media picked up on it. But I think dagger212's permission would be required - it was his idea.
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I wonder if he actually believes that or is just saying that to get some attention from crypto holders... It's a bold claim for a banker, either way
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Hard to tell. I agree, it is so far outside of the norm that we have to question it.
It could be a ruse.
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It's all fake. Just an agreed value between people so we don't kill each other for stuff
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Then there is the Mexican authorities who warn against financial institutions engaging in crypto assets.
It seems that Mexico is about to join the bi-polar list of countries who are on again, off again with crypto.
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I think its the norm now since both sides are exerting their own influence.
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The back and forth. You are right. This tug-o-war will go on for a long while. We just need to keep building up our side of the equation.
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Ohh, this could be India all over again then...
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I think a lot of these governments are going to mirror Nigeria and India. The back and forth is going to last.
They simply do not know what to make of this.
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Banks are getting more and more involved in crypto. It is ironic.
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