The case for a multi-year digital currency bear market
The conditions are ripe for a long ‘crypto winter’ from which many coins will never recover, and as we can all see, it’s a multi-faceted problem with no easy solutions in sight.
The conditions are ripe for a long ‘crypto winter’ from which many coins will never recover, and as we can all see, it’s a multi-faceted problem with no easy solutions in sight.
The best way to prepare for the further decline in the digital asset markets is to manage risk. Selling is good too, especially if you know that you can buy back at a lower price in the future.
Digital asset bank Custodia, formerly Avanti, claims that the 19-month delay is unlawful and is causing injury to the company, the first of which is higher costs for users.
Paul Kupiec is an economist and a senior fellow at the American Enterprise Institute, who previously worked at the Federal Reserve Board, Wall Street, IMF, and FDIC.
In his recent video, BSV developer Joshua Henslee gives a high-level overview of the Federal Reserve, central banks, and how the debt-based money system works.
Joshua Henslee released a video discussing his take on the digital currency market chaos last week, particularly how the 'leaders' in the space are handling the issue.
Jerome Powell has been confirmed to continue as the chairman of the United States Federal Reserve Bank, garnering 80-19 votes from the Senate.
The over-concentration of the stablecoin markets was also highlighted, with the trio of Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) controlling over 80% of the market share.
BSV has been suppressed for too long but at some point, Joshua Henslee believes that the market will have to reconcile with the development on the only truly scalable blockchain.
The world economy pre-pandemic was in a much better position in 2018 than now, yet we have rates rising organically and rapidly in 2022 as the Federal Reserve attempts to finally cut off the cheap money and allow rates to ‘normalize’ once again.
BSV developer Joshua Henslee is back with another video covering the larger implications of digital currencies, CBDCs, inflation, and much more.
The truth is, BTC does not do a majority of the things that it's marketed to do, and now that the world is putting its narratives to the test, BTC is failing in nearly every department.