Commercial Banks, Politicians, Societal Hypocrisy Will Give The Crypto Industry More Time To Emerge Stronger

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While I browse through my feeds, I stumbled on two posts centered on the same events which include Jack Dorsey and his neighborhood friend Elon Musk. One thing with billionaires is that they love to play dumb and act ignorant of most of what is going on. These two are no different when talking about cryptocurrency, decentralization and blockchain technology. Elon playing dumb and sarcastically calling web 3 a non-existing hype is only but fair hypocrisy and Jack, on the other hand, is obviously a retard looking to use his position to suppress actual developments.

As proof that the system will only shill what fills their pockets, Donald Trump was placed in some hot seat recently, where he was asked to share his thoughts on cryptocurrency while also being asked to have a say on his wife's NFTs project. Trump as we know it, is a no coiner, never was a fan of cryptocurrency, for the fact that it sure seems like the Asians attempt to push the dollar off its position as the strongest currency, Trump has never been a fan.

Former U.S. President Donald Trump says that crypto is “a very dangerous thing.” Commenting on cryptocurrencies, he warned of “an explosion someday” that will “make the big tech explosion look like baby stuff.” He also talked about his new social media platform, Truth Social, and his wife’s non-fungible token (NFT) venture.

Who Calls crypto bad yet supports NFTs?

Comrade Trump :)

He makes me sick, considering he's the same guy that brought a lot of damages to the US with his trade war centered on China He sure feels great talking about potential risks projects… He believes crypto is dangerous, yet supports his wife’s NFT project, saying it will be a success, oh hell what? NFT ain't crypto? Oh wow… Should we believe him this time? I'm sure some years back he pledged to change America, hehe, we did quite see the change if we are being real. Trump plans to launch "Truth Social" early next year and I'm sure we all know why that is, he's been such a victim of social bullying that he's planned to build his own network, which he'll obviously centralized, so nah, no one should be interested in that, at least, not the crypto industry.

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Batman, I'm sure not even the bank can ignore that

In fact, the bank is the last institution you should think will go slow on crypto business. Forget about the Federal Reserves and all the SEC talks, commercial institutions won't be sleeping on this shit. Do you know that whether or not you get rich or get rekt you'd still favor the banks if they manage to play nice?

Getting rich means more money which will eventually be pushed into the banking sector if brainwashed enough. Getting rekt means lots of people are running into debt and oh yeah, that's the bank's love language, so it keeps them in business. While all these arise, the bank is not worried until they find out they are actually fucked.

The reason JPMorgan is offering crypto services is because of what it stands to gain, but if Fiat ends up being old fashioned, who would still rely on a centralized banking system? The reason why they would ever stay relevant would be if major trades don't move into Crypto-based payment system(which that happening is inevitable), when that happens, then they are fucked, CBDCs are fucked, no more centralized banking. However, this doesn't really mean the word "banking" would be wiped out of existence because with the growing number of decentralized lending platforms, a new era of banking is being formed, so crypto isn't really destabilizing, it's building solutions.

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You can never get more of her with that size

More billionaires will wrestle online on who's smarter, more institutions will spark conspiracy, more central banks will issue CBDCs, more nations will restrict crypto trading. This, however, will fuel the cryptocurrency markets. Decentralized exchanges, lending platforms will see more users than ever. Is 20% too little for Stablecoins lending? How about 30%? They will pretty much be able to handle this much interest paid out because of the increased traffic. Being under the radar and most times, being victim to suppression will only give this space enough time to mature. Scarcity will fuel market demands, the government will wonder how it happened not realizing they contributed big time. Let billionaires hold out their Fiat for now, when it gets to the 12th hour, those already inside will benefit from the rush battle of billionaires to scoop the left supplies…

Posted Using LeoFinance Beta



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