Ok folks lets get real.The yield curve has inverted and the squeeze is on like never before.The globalists are trying everything to stop populist movements and they are putting the screws to a cheap money addicted world by raising rates. This drys up cash and hence why commodities and bitcoin are taking a bath. Many people are sitting on dollars as the flight from 'risk on assets' continues.Thing is they jacked up rates too fast and too much as was predicted by many fundamentalist econ guys. As unrest builds in Europe and soon the USA people will start chanting for the bankers heads to ROLL.. I'm serious.. Last cycle they did this so they could sweep up foreclosed assets and many people didn't know it was by design.. This time many many more people are aware that the international bankers are a den of vipers who created these boom and bust cycles.As the call for stringing up bankers revs up over the next 2-5 months they will panic and start to ease (lower rates) Unfortunately a liquidity trap will have set in as they waited too long and tightened too far. When they realize lowering rates is not enough it will be FULL ON Q4 (Quant easing 4) Not because the bankers want it but because they realize that for the first time millions see them as deliberately sabotaging nations politically and economically.This is when first world countries will reach their Venezuela point and we will enter hyper inflation. Gold and Bitcoin will start making daily gains and the race will be on like never before. Since bitcoin is 1.5% of gold's market cap, it will see humongous gains. By late 2019 or early 2020 we could hit $8Trillion in market cap or more.At some point in late 2020 early 2021 fiat will collapse and we will be using digital currencies 'backed by bitcoin' exclusively. There will be no more fiat exchange. The banks that survive will fill the role of Transaction custodians and lending running things like liquid, LN and side chains. The banks will be the 2nd layer but for the clearing it will all be main chain.It's just pure math. via /r/Bitcoin http://bit.ly/2E3zotA
No comments :
Post a Comment