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Howdy sir dandays! Yeah I think we'll start to see big things in 2020 but I doubt if it will really take off until next year but then maybe we'll be pleasantly surprised. Wall Street is going all in on crypto because they want the billions in fees.
They figure they'll make 250 billion a year in just the fees of crypto products they'll come up with. All the major banks are coming in too. So yes, total control. I just hope the big money likes Steem.
Where are you getting this information, @janton?
Thank you!
Howdy tonight sir dandays! I get it from financial and investor newsletters that I subscribe to, it's even more promising than what I mentioned because so many billions will be pouring in, they think a trillion in the next few years.
Well, the CEO of Coinbase said 200 to 400 million per week are coming in from institutional investors so it's got a great start already.
I think I made a mistake on the fees though. I think they estimate profits of 25 billion a year and not 250 billion.lol.
The only amusing part is that Congress is frustrated because they can't do much about it but that's why the NSA and others are going full bore on developing the federal crypto and most people think they'll force people into that by changing the dollar or getting rid of the dollar, no one knows for sure, but they can't lose control of the money supply.