Crypto & Gold in 2018
Good Evening Steemians!
Here at Touch of Flair we are looking forward to the new year ahead of us and the opportunities it will bring for the crypto market.
As we are now experiencing, "crypto" has become a mainstream buzz word when only months ago if one said "bitcoin" most individuals responded with a blank expression.
Now that crypto currency has begun its integration into mainstream media, we have seen the value of Bitcoin, Litecoin, Etherium and Bitcoin Cash sky rocket. Certainly these cryptos are experiencing an inflated bubble effect for now and will have some volatile rises and falls, but this is only the beginning of crypto wealth.
The market is primed for crypto currency with the continual falling dollar and the inflation of another economic bubble which will bring the United States to another, more disastrous, 2008.
In 2018 we expect to see the beginning stages of private currency unseating government currency; thus rising the value of crypo's even more as markets begin a frenzied move towards crypto.
The U.S government is aware of this and will likely make moves to end the crypto markets. However, as hard as they may try, these citizen driven markets are out of government control and will only flourish as people continue to move away from government imposed currency.
Interestingly, along with this crypto bubble, we have noticed series of investors turning away from their gold investments to strictly crypto. However, crypto will not be unseating the value of gold as it will government currency. Instead, the growth of crypto wealth will only spur wealth in gold.
Gold is not a single government imposed currency; it has a value that is inherent to every individual regardless of citizenship and with the American governments, the actual value of gold has been suppressed from what it should be. With the government losing control of their own dollar, they will lose the power to suppress gold; causing gold to skyrocket in value along with crypto's in its own time.
Steemians, we live in an exciting but volatile time in history. It will be impossible to know how all of this will play out exactly. However, as the pieces come together, we see a bright future for crypto and gold.
Sincerely,
Touch of Flair