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Black Wizard
@Zeranga
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Bitcoin's dream as a strategic reserve asset for the US Over?
"We’re not allowed to own Bitcoin. The Federal Reserve Act says what we can own, and we’re not looking for a law change," Powell said. "That’s the kind of thing for Congress to consider, but we are not looking for a law change at the Fed."
The market is bleeding despite the interest rate cut.
Fear Uncertainty and Doubt (FUD) allover
Just BTD or DCA, HODL and Keep quiet!
Whenever they tell you to look left for God's sake look right, we call that misdirection in acrobatics !😊
Will it be different this time around⁉️
👉Reality Check
Bitcoin is a money laundering tool
Facilitates Crimes and illegal activities as the means of payment.
wait a minute, all of the Sudden Bitcoin coin becomes a hot cake in the US and before you know the US Government through " asset Seizures" and surprisingly US based Companies tops the Chats for the largest Holders of Bitcoins globally!
How, Why and When on earth did they accumulate all that?
And By the way who the hell is Satoshi Nakamoto ?!!
Bitcoin created in 2009, BRIC+S later on conceived 2003 and created 2009!!!! both Right after the 2008 Financial Crisis ! a coincidence?
Anyways, Not Financial Advice always DYOR
Peace Love and Harmony
"We’re not allowed to own Bitcoin. The Federal Reserve Act says what we can own, and we’re not looking for a law change," Powell said. "That’s the kind of thing for Congress to consider, but we are not looking for a law change at the Fed."
The market is bleeding despite the interest rate cut.
Fear Uncertainty and Doubt (FUD) allover
Just BTD or DCA, HODL and Keep quiet!
Whenever they tell you to look left for God's sake look right, we call that misdirection in acrobatics !😊
Will it be different this time around⁉️
👉Reality Check
Bitcoin is a money laundering tool
Facilitates Crimes and illegal activities as the means of payment.
wait a minute, all of the Sudden Bitcoin coin becomes a hot cake in the US and before you know the US Government through " asset Seizures" and surprisingly US based Companies tops the Chats for the largest Holders of Bitcoins globally!
How, Why and When on earth did they accumulate all that?
And By the way who the hell is Satoshi Nakamoto ?!!
Bitcoin created in 2009, BRIC+S later on conceived 2003 and created 2009!!!! both Right after the 2008 Financial Crisis ! a coincidence?
Anyways, Not Financial Advice always DYOR
Peace Love and Harmony
Are we going to have a prolonged Bullrun?
previous 🐂 runs were all driven by retail investors. adoption was very low as compared to what's happening now and the entire industry was shrouded in a lot of uncertainties.
Today we have institutional Money through Exchange Traded Funds. Big boys like BlackRock, Fidelity, Grayscale Microstrategy etc are all in.
Legal Clarity is taking form than ever before, not forgetting SEC Chair Gary Gensler who has suppressed the Industry like no mans business is stepping down in Jan 2025 and many pro Crypto candidates in the US are expected to take key positions in the government lead by a pro Crypto president elect himself Donald Trump.
Political Regimes in global super power economies like US, China and Russia are into Crypto than never before
Inter Bank Communication upgrade from SWIFT Money Transfer Protocols to ISO 20022 format begins.
Crypto is becoming Mainstream with even Central Bank Backed Digital Currencies under pilot studies in some of those global Super Power Countries take for example the digital Yuan for China.
With the Convergence of all those factors above,
Is this Bullrun going to be the same as previous ones or it's going to be a super Cycle like we have never seen before?
Is 2026 going to be a bear market? That would imply that the Crypto Market has followed its usual patterns.
or this time around it is going to be totally different?
Are the ISO 20022 Compliant Crypto Currencies going to experience a prolonged Bullrun as the SWIFT System overhaul is gradually implemented from 2025 onwards?!
And remember we are still in the infancy stage of the Crypto Currency Industry.
Only around 6.8% of the global population knows about Crypto.
we are indeed early birds! Let's enjoy the First Movers Advantage.
Not Financial Advice always DYOR
Peace Love and Harmony
previous 🐂 runs were all driven by retail investors. adoption was very low as compared to what's happening now and the entire industry was shrouded in a lot of uncertainties.
Today we have institutional Money through Exchange Traded Funds. Big boys like BlackRock, Fidelity, Grayscale Microstrategy etc are all in.
Legal Clarity is taking form than ever before, not forgetting SEC Chair Gary Gensler who has suppressed the Industry like no mans business is stepping down in Jan 2025 and many pro Crypto candidates in the US are expected to take key positions in the government lead by a pro Crypto president elect himself Donald Trump.
Political Regimes in global super power economies like US, China and Russia are into Crypto than never before
Inter Bank Communication upgrade from SWIFT Money Transfer Protocols to ISO 20022 format begins.
Crypto is becoming Mainstream with even Central Bank Backed Digital Currencies under pilot studies in some of those global Super Power Countries take for example the digital Yuan for China.
With the Convergence of all those factors above,
Is this Bullrun going to be the same as previous ones or it's going to be a super Cycle like we have never seen before?
Is 2026 going to be a bear market? That would imply that the Crypto Market has followed its usual patterns.
or this time around it is going to be totally different?
Are the ISO 20022 Compliant Crypto Currencies going to experience a prolonged Bullrun as the SWIFT System overhaul is gradually implemented from 2025 onwards?!
And remember we are still in the infancy stage of the Crypto Currency Industry.
Only around 6.8% of the global population knows about Crypto.
we are indeed early birds! Let's enjoy the First Movers Advantage.
Not Financial Advice always DYOR
Peace Love and Harmony
A $1 Shib in future?
#Shibarmy
Shiba Inu to $1 historical mark 🚀🚀 🔥🔥
Why possible?
The biggest Challenge for Shib is its Supply at over 589 Trillion Coins.
Huge supply calls for huge demand for prices to go up.
Shiba Inu at a $1 price Mark would mean over $589 Trillion Market Cap. Bigger than world GDP and that of Gold and Real estate Combined.
Let's dive into compelling reasons why the $1 price mark is not completely out of sight.
1. Demand and Supply;
Shiba Inu has a team of visionary leaders behind it tha
Shiba Inu to $1 historical mark 🚀🚀 🔥🔥
Why possible?
The biggest Challenge for Shib is its Supply at over 589 Trillion Coins.
Huge supply calls for huge demand for prices to go up.
Shiba Inu at a $1 price Mark would mean over $589 Trillion Market Cap. Bigger than world GDP and that of Gold and Real estate Combined.
Let's dive into compelling reasons why the $1 price mark is not completely out of sight.
1. Demand and Supply;
Shiba Inu has a team of visionary leaders behind it tha
#BTC
progress on BTC's US Strategic Reserve Asset status
As per #CoinGape Texas State Rep Giovanni Capriglione has filed a Bill to establish a strategic Bitcoin Reserve, aligning with President-elect Donald Trump’s grand plans.
Implications for BTC and the US? refer to my previous post on the same topic
Peace Love and Harmony
progress on BTC's US Strategic Reserve Asset status
As per #CoinGape Texas State Rep Giovanni Capriglione has filed a Bill to establish a strategic Bitcoin Reserve, aligning with President-elect Donald Trump’s grand plans.
Implications for BTC and the US? refer to my previous post on the same topic
Peace Love and Harmony
#Fil
File Coin is seated on a possible 34X. Can't imagine people do not see that!
As we are approaching the Alt season and the parabolic phase of this Bullrun most probably within the first quarter of 2025, some crypto assets are going back to their All Time Highs and others are going to actually make New All Time Highs as we have already seen it with Sol, BNB, Bitcoin etc.
Let's Look at Fil.
Fill has around 1.9 Billion maximum Supply but with only around 610.7 Million Fil coins in Circulation.
As the world is transitioning into a Decentralized era of Web 3.0, File is a market leader in Decentralized Data Storage and can serve as the "Amazon of Crypto" in the following aspects;
1.Providing Data storage systems; as Amazon provides Centralized Data Storage Fil provides Decentralized Data Storage
2.Network Effects in terms of how both networks benefit in a sense that the value of the platforms increase as
more users and Providers join.
3. Marketplace dynamics: how users rent storage space from providers.
Remember we are in a world where Big data is becoming "as precious as metals" 😊 and so is storage!
File's market Cap stands at around $4.1 Billion and with its potential and strong user case Fil's market cap can easily balloon to $50 billion or even $100 billion plus.
Doge Coin is around $60 billion and it's just a meme, how about Fill that's solving a real world problem!
At $50 billion market Cap taking the Current Circulating Supply, Fil price can be around $81.9 per Fil
At $100 billion, the price goes to $163.8 per Fil .
if it's trading at around $6.8 at the time of writing that's a 12x and 24 X your investment.
If it goes back to the All Time High of $236, that's a 34x. Not factoring in a New All Time High.
Whether this 🐂 run or the next one, Fil is a precious 💞 gem 💎 to grab now before it explodes.
Hurdles:
Poor Tokenomics & Competion.
Not A Financial Advice always DYOR
Peace Loved and Harmony.
Look at that Consolidation. it will possibly break out any time soon
File Coin is seated on a possible 34X. Can't imagine people do not see that!
As we are approaching the Alt season and the parabolic phase of this Bullrun most probably within the first quarter of 2025, some crypto assets are going back to their All Time Highs and others are going to actually make New All Time Highs as we have already seen it with Sol, BNB, Bitcoin etc.
Let's Look at Fil.
Fill has around 1.9 Billion maximum Supply but with only around 610.7 Million Fil coins in Circulation.
As the world is transitioning into a Decentralized era of Web 3.0, File is a market leader in Decentralized Data Storage and can serve as the "Amazon of Crypto" in the following aspects;
1.Providing Data storage systems; as Amazon provides Centralized Data Storage Fil provides Decentralized Data Storage
2.Network Effects in terms of how both networks benefit in a sense that the value of the platforms increase as
more users and Providers join.
3. Marketplace dynamics: how users rent storage space from providers.
Remember we are in a world where Big data is becoming "as precious as metals" 😊 and so is storage!
File's market Cap stands at around $4.1 Billion and with its potential and strong user case Fil's market cap can easily balloon to $50 billion or even $100 billion plus.
Doge Coin is around $60 billion and it's just a meme, how about Fill that's solving a real world problem!
At $50 billion market Cap taking the Current Circulating Supply, Fil price can be around $81.9 per Fil
At $100 billion, the price goes to $163.8 per Fil .
if it's trading at around $6.8 at the time of writing that's a 12x and 24 X your investment.
If it goes back to the All Time High of $236, that's a 34x. Not factoring in a New All Time High.
Whether this 🐂 run or the next one, Fil is a precious 💞 gem 💎 to grab now before it explodes.
Hurdles:
Poor Tokenomics & Competion.
Not A Financial Advice always DYOR
Peace Loved and Harmony.
Look at that Consolidation. it will possibly break out any time soon
Demystifying a 1 Million & 13 Million dollars Bitcoin dream.
#Bitcoin
$BTC to a $1 Million and above?
Robert Kiyosaki and Micheal Slayer: $13 Million dollars a Bitcoin
Trump's Son: $1 Million Dollar Bitcoin. And many more key figures have made bold Bitcoin price predictions at $1 Million and above.
a reality or a dream that will never come true?
There Will only ever be 21 Million Bitcoins in existence! That limited supply creates insurmountable scarcity making Bitcoin "Digital Gold".
Currency can be printed thus increasing it into circulation. E.g, Cen
$BTC to a $1 Million and above?
Robert Kiyosaki and Micheal Slayer: $13 Million dollars a Bitcoin
Trump's Son: $1 Million Dollar Bitcoin. And many more key figures have made bold Bitcoin price predictions at $1 Million and above.
a reality or a dream that will never come true?
There Will only ever be 21 Million Bitcoins in existence! That limited supply creates insurmountable scarcity making Bitcoin "Digital Gold".
Currency can be printed thus increasing it into circulation. E.g, Cen
#XRP #RLUSD
XRP to $1000 and beyond in future?
Now that RLUSD stable coin licensed,
Could the XRP in escrow be used as reserves to mint RLUSD. If this happens what's the Implications about XRP prices?
If that happens! The maximum supply of XRP won't matter but the already Circulating Supply, in determining XRPs price.
XRPs in the escrow will be used as reserves to mint Ripple's stable coin called RLUSD. Then Use RLUSD to provide On-Demand Liquid to their partners.
For example today the Circulating Supply of XRP stands at around 57 Billion XRPs and if that scenario happened today, it would mean that there will only ever be 57 Billion XRPs in Circulation minus any future burns despite having a maximum supply of 100 Billion XRPS.
The price target of over $1000 per XRP and above becomes even much more realistic.
Watch that critically and pay close attention.
If XRPs price increases, Ripple will be able to mint more RLUSD coins and if it falls, Ripple will need to increase its cash reserves to balance its reserves. In this instance.
XRP will be used as cash equivalent because they initially said RLUSD stable coin shall be backed by cash and cash equivalents.
Don't forget the Crossborder Payments market which is in hundreds of trillions of dollars ($225 Trillion by 2030).
At only 1% market share, you can imagine the amount of money that can potentially flow into XRP as a bridge Currency.
A SWIFT Upgrade with faster transactions and damn cheap. $50 million dollar transfer in just below 3 seconds at a fraction of 0.3 Cents cost! A game Changer indeed!
A One time opportunity to make generational wealth . You shouldn't miss out!
Not a Financial Advice, always DYOR.
Peace Love and Harmony
XRP to $1000 and beyond in future?
Now that RLUSD stable coin licensed,
Could the XRP in escrow be used as reserves to mint RLUSD. If this happens what's the Implications about XRP prices?
If that happens! The maximum supply of XRP won't matter but the already Circulating Supply, in determining XRPs price.
XRPs in the escrow will be used as reserves to mint Ripple's stable coin called RLUSD. Then Use RLUSD to provide On-Demand Liquid to their partners.
For example today the Circulating Supply of XRP stands at around 57 Billion XRPs and if that scenario happened today, it would mean that there will only ever be 57 Billion XRPs in Circulation minus any future burns despite having a maximum supply of 100 Billion XRPS.
The price target of over $1000 per XRP and above becomes even much more realistic.
Watch that critically and pay close attention.
If XRPs price increases, Ripple will be able to mint more RLUSD coins and if it falls, Ripple will need to increase its cash reserves to balance its reserves. In this instance.
XRP will be used as cash equivalent because they initially said RLUSD stable coin shall be backed by cash and cash equivalents.
Don't forget the Crossborder Payments market which is in hundreds of trillions of dollars ($225 Trillion by 2030).
At only 1% market share, you can imagine the amount of money that can potentially flow into XRP as a bridge Currency.
A SWIFT Upgrade with faster transactions and damn cheap. $50 million dollar transfer in just below 3 seconds at a fraction of 0.3 Cents cost! A game Changer indeed!
A One time opportunity to make generational wealth . You shouldn't miss out!
Not a Financial Advice, always DYOR.
Peace Love and Harmony
Market Recovery as the US data is out! a FED Rate Cut on the cards? a Crypto rary ahead?
As per #CoinGape
The US CPI inflation comes in at 2.7%, in line with the market expectations.
The Core CPI remained steady at 3.3% in November, sparking optimism.
Next week's Federal Open Market Committee (FOMC) is one to watch closely .
Stay tuned
Peace Love and Harmony .
As per #CoinGape
The US CPI inflation comes in at 2.7%, in line with the market expectations.
The Core CPI remained steady at 3.3% in November, sparking optimism.
Next week's Federal Open Market Committee (FOMC) is one to watch closely .
Stay tuned
Peace Love and Harmony .
Miss this info at your own risk!
Why 2025 is going to be the parabolic phase and peak of this Bullrun Cycle?.
Understanding Crypto market cycles is pivotal in positioning yourself as a winner and be able to attain Financial Freedom.
The Crypto Market roughly moves in a four years cycle as below;
1.Bear or Bull market. The end of one marks the beginning of the other.
2.The accumulation Phase
3.The Bitcoin Halving phase. Happens every after four years and triggers the Bullrun .
4.The parabolic Phase of the Bullrun .
For example, The last parabolic phase of the Bullrun was in 2021 (Consider it year -1).
Year-2:2022 the Bear market
Year-3:2024 The Bitcoin Halving Cycle
Year-4:2025 is going to be the parabolic phase of this Bullrun that was triggered by this year's Bitcoin Halving phase .
Now you know, i hope you are prepared for 2025. The Alt season is just around the corner . Don't be scared by Corrections and Pullbacks.
Tighten your seat belts and be ready.
could there be a possibility of a prolonged Bullrun for some crypto assets?!
Anyways as always Not Financial Advice, DYOR .
Peace Love and Harmony .
See you in 2025.
Why 2025 is going to be the parabolic phase and peak of this Bullrun Cycle?.
Understanding Crypto market cycles is pivotal in positioning yourself as a winner and be able to attain Financial Freedom.
The Crypto Market roughly moves in a four years cycle as below;
1.Bear or Bull market. The end of one marks the beginning of the other.
2.The accumulation Phase
3.The Bitcoin Halving phase. Happens every after four years and triggers the Bullrun .
4.The parabolic Phase of the Bullrun .
For example, The last parabolic phase of the Bullrun was in 2021 (Consider it year -1).
Year-2:2022 the Bear market
Year-3:2024 The Bitcoin Halving Cycle
Year-4:2025 is going to be the parabolic phase of this Bullrun that was triggered by this year's Bitcoin Halving phase .
Now you know, i hope you are prepared for 2025. The Alt season is just around the corner . Don't be scared by Corrections and Pullbacks.
Tighten your seat belts and be ready.
could there be a possibility of a prolonged Bullrun for some crypto assets?!
Anyways as always Not Financial Advice, DYOR .
Peace Love and Harmony .
See you in 2025.
From a .Com Bubble to Crypto Bubble!?
How to escape with generational wealth?
#BTC #XRP #SHIB etc
Boom and Burst Cycles will always be there but what's key is how to navigate and come out among the champions or winners.
Many Key figures in the global Financial Markets have consistently warned about a black swan event, some call it the greatest Market Crash ahead.
I will only focus on Crypto in this particular article and give major hints on what you have to do!
Crypto Projects are mushrooming every day and get listed on crypto exch
#BTC #XRP #SHIB etc
Boom and Burst Cycles will always be there but what's key is how to navigate and come out among the champions or winners.
Many Key figures in the global Financial Markets have consistently warned about a black swan event, some call it the greatest Market Crash ahead.
I will only focus on Crypto in this particular article and give major hints on what you have to do!
Crypto Projects are mushrooming every day and get listed on crypto exch
Crypto Market Crash. Meaning for the Bullrun and Alt Season.
Most people do not differentiate Crypto trading and Investing.
For crypto holders (Investors) such price corrections within a Bullrun are normal but for traders, many get their positions liquidated and end up losing a lot of money. it's a high risk high return game.
Markets do not Follow a chaotic manner but follow certain patterns. you can call it waves.
In Smart Money Concepts there is what's called Fair Value Gap. Markets tend to go back and rebalance the gaps left behind by sharp price movements before continuing with the previous direction and start a solid rally.
So Pullbacks are so normal before strong moves begin in the previous price trajectory.
Possible causes of the market Crypto Market Crash today.
1. Smart Money Vs Dumb money. Institutional Investors heavily manipulate the markets to make lots of money and at the same time get good entry points (Sell at Higher Prices and buy back at lower prices and vice versa).
Here, Retail traders get cooked. Institutional Money determines the Markets direction.
2. Whale Activity: Whenever big players in the markets dump certain assets just like Justin Sun did to Etherium ($119 Million worth of Etha). This Coupled with profit taking from traders and holders when new price levels are hit or market uncertainties kicks in, it triggers market sell offs leading to the overall price Corrections.
3. Key Economic Data Release like we expect the CPI, PPI and Import and Export price Index for US soon. These are going to be key determinants in the FED's interest rate decision which is also a major markets moving event.
Sometimes the impact is factored into the markets before they even come out! thanks to the insider information.
With all that in Mind, that market correction could possibly be a good reset together with the already declining Bitcoin Dominance to kick start the long awaited Alt Season.
Not a Financial Advice. Always DYOR.
Most people do not differentiate Crypto trading and Investing.
For crypto holders (Investors) such price corrections within a Bullrun are normal but for traders, many get their positions liquidated and end up losing a lot of money. it's a high risk high return game.
Markets do not Follow a chaotic manner but follow certain patterns. you can call it waves.
In Smart Money Concepts there is what's called Fair Value Gap. Markets tend to go back and rebalance the gaps left behind by sharp price movements before continuing with the previous direction and start a solid rally.
So Pullbacks are so normal before strong moves begin in the previous price trajectory.
Possible causes of the market Crypto Market Crash today.
1. Smart Money Vs Dumb money. Institutional Investors heavily manipulate the markets to make lots of money and at the same time get good entry points (Sell at Higher Prices and buy back at lower prices and vice versa).
Here, Retail traders get cooked. Institutional Money determines the Markets direction.
2. Whale Activity: Whenever big players in the markets dump certain assets just like Justin Sun did to Etherium ($119 Million worth of Etha). This Coupled with profit taking from traders and holders when new price levels are hit or market uncertainties kicks in, it triggers market sell offs leading to the overall price Corrections.
3. Key Economic Data Release like we expect the CPI, PPI and Import and Export price Index for US soon. These are going to be key determinants in the FED's interest rate decision which is also a major markets moving event.
Sometimes the impact is factored into the markets before they even come out! thanks to the insider information.
With all that in Mind, that market correction could possibly be a good reset together with the already declining Bitcoin Dominance to kick start the long awaited Alt Season.
Not a Financial Advice. Always DYOR.
#altcoins!
Bitcoin Dominance falling sharply. Altcoins Season Imminent?!
When Bitcoin Dominance "not price" falls or drops to certain levels it's a signal that money is going to start flowing heavily into altcoins.
A fall in Bitcoin Dominance normally triggers the Alt season.
Imagine that the entire industry is valued slightly below $4 Trillion and it's expected to be between $8-$12 Trillion by the end of this Bullrun. So more than $4-$8 Trillion is yet to flow into the industry!
2025 depending on history is going to be the peak of this Bullrun which is anticipated to be one of a kind. Why? well, don't miss out on the next article
Imagine Bitcoin Dominance falling to that level only a few weeks into 2025.
The first quarter of 2025 Might be a lot more interesting for Crypto enthusiasts. Will the last quarter be incredible for altcoins as well!
As our saying has always been tighten your seat belts and get ready to explore the havens.
It's going to be massive
It's going to be violent
It's speed is going to be meteoric
Not a Financial Advice, Personal opinion. DYOR.
Bitcoin Dominance falling sharply. Altcoins Season Imminent?!
When Bitcoin Dominance "not price" falls or drops to certain levels it's a signal that money is going to start flowing heavily into altcoins.
A fall in Bitcoin Dominance normally triggers the Alt season.
Imagine that the entire industry is valued slightly below $4 Trillion and it's expected to be between $8-$12 Trillion by the end of this Bullrun. So more than $4-$8 Trillion is yet to flow into the industry!
2025 depending on history is going to be the peak of this Bullrun which is anticipated to be one of a kind. Why? well, don't miss out on the next article
Imagine Bitcoin Dominance falling to that level only a few weeks into 2025.
The first quarter of 2025 Might be a lot more interesting for Crypto enthusiasts. Will the last quarter be incredible for altcoins as well!
As our saying has always been tighten your seat belts and get ready to explore the havens.
It's going to be massive
It's going to be violent
It's speed is going to be meteoric
Not a Financial Advice, Personal opinion. DYOR.
absolutely right! I'll touch different topics in my next posts.
A historical shift in the Global Financial System
#Btc #XRP
A Historical transition in the making ! from a "Petro dollar to a crypto dollar"?!
From "control the oil and Control Nations" to "control Crypto and Control Nations"
As the BRICS consistently transforms that Block into a force to be reckoned with, making Bitcoin a strategic reserve asset and capitalize on Ripple's XRP and the awaited RLUSD stable coin can potentially help to keep the Hegemony of the US Empire alive.
The US has Kept it Empire the world Super Power through these three major interrelated pillars;
1.Keeping the US dollar highly demanded and a global reserve Currency. Evident after the World War II when the USD was pegged to gold and all other Currencies to the USD which catalysed the creation of high demand for the US dollar and made it a global reserve Currency. Further, when the Nixon administration abandoned that system and currencies remained free floating, the US struck a deal with Saudi Arabia to trade its Oil in US dollars which gave birth to the Petrol dollar concept. Up to date, the USD has literally been backed by Oil.
2. Keeping the US Treasuries as one of the most preferred safe haven assets on Earth, thereby Funding the infrastructure and all the government operations by running a deficit. At over $35 Trillion of National Debt which over 123% the US GDP, It's becoming unsustainable.
3. Dominating the SWIFT System to reward friends and punish enemies through sanctions.
As of today, all the above pillars are tremendously being shaken by the BRICS Block as follows;
1. Challenging the Petrol dollar concept by Controlling around 40% of the global oil production with the recent inclusion of Saudi Arabia, Iran and UAE in the Block as major oil producing countries globally. Member states have started settling transactions in between using local currencies as opposed to the US Dollar. Whether we are heading into a Multipollar Currency driven global economy or remaining into a unipolar, the US still needs a strong continuous demand for the US dollar!.
2. Major US Treasuries holding Countries like China has already started dumping the US Treasuries and heavily investing into infrastructure projects like the One Belt One Road initiative and purchasing a lot of Gold.
3. Creation of Cross Border payment systems to rival the SWIFT like CIPS for China, SPFS for Russia and BRICS Pay.
4. Challenging the US as a global reserve Currency by thinking of creating a BRICS common Currency.
Possible Solution for the US by making Bitcoin a Strategic Reserve Asset.
1. Heavy Bitcoin Purchases by the US and huge demand for it from all around the globe shall parabolically shoot Bitcoin prices to prices that have never been dreamt of given it's limited supply. Higher Bitcoin prices means the US will need a few Bitcoins on it balance sheet to solve it's Debt Crisis.
2. Creation of continuous high demand for the US dollar and Treasuries. Since crypto currency can only be bought through stable coin which are mostly backed by US Dollars and cash equivalents like the US Treasuries, a high demand for Stable Coins such USDT and the awaited RLUSD, Bitcoin itself and other Crypto assets shall automatically result into higher demand for the US dollar and US Treasuries Thereby keeping the US Empire major pillarsfirmly standing for the next 5-10 decades since the last Bitcoin will be mined in 2140.
A Historical transition in the making ! from a "Petro dollar to a crypto dollar"?!
From "control the oil and Control Nations" to "control Crypto and Control Nations"
As the BRICS consistently transforms that Block into a force to be reckoned with, making Bitcoin a strategic reserve asset and capitalize on Ripple's XRP and the awaited RLUSD stable coin can potentially help to keep the Hegemony of the US Empire alive.
The US has Kept it Empire the world Super Power through these three major interrelated pillars;
1.Keeping the US dollar highly demanded and a global reserve Currency. Evident after the World War II when the USD was pegged to gold and all other Currencies to the USD which catalysed the creation of high demand for the US dollar and made it a global reserve Currency. Further, when the Nixon administration abandoned that system and currencies remained free floating, the US struck a deal with Saudi Arabia to trade its Oil in US dollars which gave birth to the Petrol dollar concept. Up to date, the USD has literally been backed by Oil.
2. Keeping the US Treasuries as one of the most preferred safe haven assets on Earth, thereby Funding the infrastructure and all the government operations by running a deficit. At over $35 Trillion of National Debt which over 123% the US GDP, It's becoming unsustainable.
3. Dominating the SWIFT System to reward friends and punish enemies through sanctions.
As of today, all the above pillars are tremendously being shaken by the BRICS Block as follows;
1. Challenging the Petrol dollar concept by Controlling around 40% of the global oil production with the recent inclusion of Saudi Arabia, Iran and UAE in the Block as major oil producing countries globally. Member states have started settling transactions in between using local currencies as opposed to the US Dollar. Whether we are heading into a Multipollar Currency driven global economy or remaining into a unipolar, the US still needs a strong continuous demand for the US dollar!.
2. Major US Treasuries holding Countries like China has already started dumping the US Treasuries and heavily investing into infrastructure projects like the One Belt One Road initiative and purchasing a lot of Gold.
3. Creation of Cross Border payment systems to rival the SWIFT like CIPS for China, SPFS for Russia and BRICS Pay.
4. Challenging the US as a global reserve Currency by thinking of creating a BRICS common Currency.
Possible Solution for the US by making Bitcoin a Strategic Reserve Asset.
1. Heavy Bitcoin Purchases by the US and huge demand for it from all around the globe shall parabolically shoot Bitcoin prices to prices that have never been dreamt of given it's limited supply. Higher Bitcoin prices means the US will need a few Bitcoins on it balance sheet to solve it's Debt Crisis.
2. Creation of continuous high demand for the US dollar and Treasuries. Since crypto currency can only be bought through stable coin which are mostly backed by US Dollars and cash equivalents like the US Treasuries, a high demand for Stable Coins such USDT and the awaited RLUSD, Bitcoin itself and other Crypto assets shall automatically result into higher demand for the US dollar and US Treasuries Thereby keeping the US Empire major pillarsfirmly standing for the next 5-10 decades since the last Bitcoin will be mined in 2140.
A historical shift in the Global Financial System
#Btc #XRP
A Historical transition in the making ! from a "Petro dollar to a crypto dollar"?!
From "control the oil and Control Nations" to "control Crypto and Control Nations"
As the BRICS consistently transforms that Block into a force to be reckoned with, making Bitcoin a strategic reserve asset and capitalize on Ripple's XRP and the awaited RLUSD stable coin can potentially help to keep the Hegemony of the US Empire alive.
The US has Kept it Empire the world Super Power through these three m
A Historical transition in the making ! from a "Petro dollar to a crypto dollar"?!
From "control the oil and Control Nations" to "control Crypto and Control Nations"
As the BRICS consistently transforms that Block into a force to be reckoned with, making Bitcoin a strategic reserve asset and capitalize on Ripple's XRP and the awaited RLUSD stable coin can potentially help to keep the Hegemony of the US Empire alive.
The US has Kept it Empire the world Super Power through these three m
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