Whether you are into crypto or not, the impact of what has happened this week will affect us all. I’ve been warning about this in my writing and now it’s happening.
Therefore, please read or listen to my latest piece, which I just updated:
Remember that in March, Biden signed an executive order urging the Federal Reserve to explore whether the central bank should create a US digital currency (CBDC). He also directed the Treasury Department to investigate cryptocurrency’s impact on financial stability and national security.
FTX & SAM BANKMAN-FRIED’s DOWNFALL will give AMPLE JUSTIFICATION for a TRANSITION to a “SAFE” and “STABLE” GOVERNMENT CONTROLED DIGITAL CURRENCY.
In Bloomberg today: Big Investors Are Giving Up on Crypto Markets Going Mainstream.
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are the scammers just laughing: Sam, (the) Bank Man (who got) Fried 😹😹😹
Looks suspicious, like a red flag shooting. So many people are enamored with crypto currently that nothing like a serious downfall to encourage many to scurry away while scurrying is possible. Surely "some" people must be concerned about the timing.
The time for warming up has ended. What's next?