ECONOMIC REPORT FOCUSING ON DIGITAL ASSET.l

in Tron Fan Club2 years ago

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The greatest opportunity of all our lives is in front of us and it is there for the talking and I believe that opportunity is blockchain and of the cryptocurrencies to come out of this technological revolution. We have the exact same thing going on today, you has back with the dawn internet. I think this layer ones and layer zeros blockchain ecosystem are going to take over the world an extra more than a billion users. The US government gave an economic report where they spent allow of time focusing on digital asset. They compare digital assets to what the banking system went through before if was centralized and they kind of painted in a bit negative light.

However, they full acknowledge the change that blockchain is bringing to everything and also talk about internet of value and how a blockchain will be valuable on it users. The USA is the country where cryptocurrency is mostly adopted, followed by India, Pakistan, Nigeria and Vietnam. You are likely going to see emerging markets or developing nation excelling and speed up.


If you look at the Bitcoin chart, the 2019 scenario for Bitcoin and where it currently is. It is showing that several things support this technically and fundamentally. In 2019, one that spurred the rally on was the fact that the FED was lowering interest rates. It is very important to focus on what is driving everything which is the interest rate. We know what is driving interest rate which is inflation. This speculation for me is that the same criteria rates coming down, and the balance sheet going up which propelled the market to the upside is going to do the same thing again. I do think it is Quantitative Easing that is taking place right now but some people are saying it's not Q.E. When the FED is borrowing money to give to people, that is a Q.E. in my opinion.

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