BIGGEST NEWS FOR CRYPTOCURRENCY MARKET SINCE BTC WAS MADE IN 2008 || GAME-CHANGER FOR GLOBAL ECONOMY!!steemCreated with Sketch.

in #cryptocurrencies6 years ago

IF YOU CAN'T BEAT 'EM, JOIN 'EM! 🤗🤑



In case you're wondering why the market pulled a reversal last night/this morning when we should've been seeing bearish movement; it's because of this announcement:



LINK: https://www.businesswire.com/news/home/20180803005236/en/Intercontinental-Exchange-Announces-Bakkt-Global-Platform-Ecosystem

Why does this news mean??

Wall St will now (for the first time ever since its release in 2008-2009) list #BAKKT as a stock on #NYSE for the 1% (JPMorgan, Lehman Brothers, Charles Koch/his brother, Citigroup, Meryl Lynch, Goldman Sachs) to dominate the crypto market like they have with the stock market.

Why is this good news??

This means is that we have definitive proof that the bubble will NOT burst but rather be CONTROLLED and regulated and that literally defeats the purpose of having a decentralized currency

by removing the decentralized aspect of crypto you are removing the crypto and just left with currency... specifically a digital currency; no different than PayPal/Venmo. #BTC will be a part of the global economy (Starbucks literally announces they’re going to accept BTC soon upon hearing this announcement) it will be (by my estimate) $1 million by 2020

Then again who the fuck am I and what do I know? Don't take my word for it...

>>>>>><<<<<<

WOW that's amazing. So what are you bitching about?


IN reality this is a very bittersweet announcement; allow me to elaborate:


Collectively these 6 ppl (known as the big 4 as many people are well aware of after they were placed in the spotlight for receiving a $700 billion bailout of U.S. taxpayer $$$ which enraged the population... with good reason; why give $700 billion of our tax dollars to people who are:

  1. ALREADY BILLIONAIRES

  2. THEY are the very same ones responsible for the global recession in 2008, they are the very reason why Satoshi Nakomoto created blockchain/bitcoin to begin with as they systematically put in place what I call "fuckovers" (i.e. subprime mortgages) in our economy; not to mention they LITERALLY own all of America by owning the Federal Reserve (America”s central bank, responsible for printing money) as well as 47% of our national deficit with the other 53% of our debt owned mostly by foreign investors (China/Japan mainly)

CONCLUSION: THIS IS BOTH BAD & GOOD NEWS IN THAT WE KNOW CRYPTO IS HERE TO STAY BUT IT WILL BE CONTROLLED JUST LIKE STOCKS AND THE USD WHICH ESSENTIALLY DEFEATS THE PURPOSE OF BLOCKCHAIN AS IT IS SUPPOSED TO BE AN OPEN SOURCE DECENTRALIZED NETWORK WHEN YOU TAKE THE DECENTRALIZATION OUT OF CRYPTOCURRENCY ALL YOU"RE LEFT WITH IS CURRENCY.... SO all we're doing is essentially taking crypto; making it no different than paypal or any other digital asset, then taxing/regulating it on Wall St.

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