Next Bitcoin Bull Run
I believe Bitcoin will go on to another Bull Run and even a bigger Bull Run than it might have gone on before once we get rid of the crypto scum. I think more than that it’s really the shift at the FED itself and so of course you know Jay Powell said that they weren’t thinking about raising rates and then they wouldn’t raise rates for four years. I believe rates will stay longer than most people expect he said that he’s okay to take it too far and break things. I’ve received quite a bit of backlash from the crypto community for saying that.
About every 50 years for the last 300 years about every 50 there’s a technological Revolution. We had the Industrial Revolution we had steam engines and Railways we had electricity and steel. We also had oil and Automobiles and microprocessors which brought us telecommunications internet, Etc. Now we’re witnessing another technological Revolution and that is Bitcoin. Crypto as a category had its last Bull Run because of what’s happened with FTX and the potential regulations that are coming in.
Most people are not educated enough to understand what’s going on and they go oh this is the next Bitcoin I can make money on it. Venture Capital would be able to come in and buy these box tokens for three cents. Crypto as a category won’t have another Bull. Run is because I believe that now the SEC the cftc Congress is going to be forced to act. Elizabeth Warren and Maxine Waters are all calling for regulations they’re coming. If these tokens go to offshore jurisdictions with no with no SEC oversight the U.S Venture Capital companies are not going with them.
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Comments are well received!
his is not financial advice, please DYOR.
