Is bitcoin a technology of freedom, or a grand dupe to usher in the digital surveillance and exploitation dystopia?
Tag: cryptos
ELECTION 2024 WAS MONUMENTAL FOR THE FUTURE OF CRYPTO—AND THE WORLD
As we close out 2024, it’s an appropriate time to count blessings and look to the future with a sense that we can all make a difference, and that is always cause for optimism.
BIDEN’S RUSSIA SANCTIONS SPURRED DE-DOLLARIZATION, BUT TRUMP ALREADY CHANGING THAT DYNAMIC
We were among the first anywhere in the world to forecast that the sanctions placed on Russia in late winter 2022 would backfire and create momentum for countries to move away from the U.S. dollar and the west’s SWIFT financial settlement system.
WHAT TO SAY (AND NOT SAY) ABOUT CRYPTOS
It’s that time of the cycle. Articles are popping up all over talking about cryptos again, with a general theme, to cite a recent one by USA Today, “FOMO as Bitcoin price surges past $100,000: Is it too late to invest in cryptocurrency?”
SPOTLIGHT: CRYPTO NATION
On 5 December, bitcoin jumped to an intraday price of $103,800, gaining more than 50 percent since Donald Trump won the U.S. presidential election a month earlier.
BLOCKCHAIN BATTLES
BitWise has applied to the SEC to offer an exchange-traded fund (ETF) based on its 10 Crypto Index Fund. If approved, it would be the largest and most diverse crypto ETF on the U.S. market, as noted by beinincrypto.com and others (“BitWise Files for 10 Crypto Index ETF with SEC,” 27 Nov 2024.)
NEW DETAILS ON BIDEN ERA CHOKEPOINT 2.0 DEBANKING OF CRYPTO COMPANIES
The idea that Biden - Harris administration crypto and banking related policies encompassed measured “regulation”—or even followed existing laws, in important respects—should definitively go down in flames, thanks to a new Joe Rogan interview with Vance Ginn.
BLOCKCHAIN BATTLES
No crypto is not being “deregulated” under Republican leadership. In fact, clear regulations via passage of new legislative acts of a popularly elected new Congress and President are highly likely in the coming year.
TRUE TO FORECAST: OTHER COMPANIES ADOPTING THE MICROSTRATEGY STRATEGY
As far back as 2021, we were paying attention to Michael Saylor and his company’s bitcoin strategy. In “THE BITCOIN FIX,” 24 Aug 2021, we profiled Saylor’s views about how Bitcoin could stabilize and solve capital preservation and even wider financial system problems for companies, economies and nations.