Remember when Weiss Ratings had STEEM as a top-rated coin? To the annoyance and confusion of many, STEEM was regularly in the top 5 coins based on overall ratings. Indeed, it was so good that someone bought the company.
The Weiss Crypto newsletter was then a subscription-only mail-out, but the company has since figured out it has more influence making its information more public.
This recent analysis adds to the bullish news on Bitcoin. Why Crypto Will Outperform Gold and Gov. Bonds in a Post-COVID World
. For those of us not looking forward to the coming global gulag, the perceived reaction of BTC to vaccine-related news should sound a different kind of alert.
FOMO has been replaced by good old-fashioned Pavlovian behaviourism by creating an emotional link between the coming genetic mutilation of the public and the price of Bitcoin. "We are fast approaching a post-COVID world where the only viable safe haven will be crypto." The authors forgot one thing: the ability of the financial controllers to impose their own digital currencies.
I also find it laughable how the financial press condemns central bankers as being lax and incompetent. The bankers are doing this on purpose to impoverish their sponsoring nation-state and the people within its jurisdiction. Central banks are private corporations - unless nationalised.
But back to crypto. The one thing at the top of all crypto devs should be how robust their chain and crypto are to institutional attack, both legal and financial. Never mind so-called decentralisation, look more at defence issues.
One of the great hopes of crypto is the creation of a truly digital economy that is algorithmic and sustainable. It should also be highly secured. I mean, look what happened to Steem.
Good point! I think our guard has always been up against attacks from within the cryptosphere, but another possible foe is lurking in plain sight. If crypto threatens traditional institutions and power you better expect they will attack. Even if only to soften up the landscape before they move in to take a controlling interest. Let's think long term, how can we secure these chains for future generations to come.
Has already happened eg where have the "privacy coins" gone? Legalised away by an indirect attack on the exchangers - hence a few still exist but removed from public discourse and consciousness.
when privacy coin 2.0..