Sunday, May 12, 2024

" ABOUT THE CRYPTOCURRENCIES" BY GOLDILOCKS, 12 MAY

GOLDILOCKS

If you think that cryptocurrency is not part of the Presidential race this year, you might want to think again. The population is watching very closely on how Congress deals with our new digital economy. 


At the end of June, our Markets in Crypto Assets and Stablecoins are about to become law. We have some coins that just simply won't cut the mustard after that date.


These new regulations becoming law will set directives on their use and their value going forward. Gold and other Commodities will back these tokenized assets and stablecoins that are going to be backed with enough gold and other commodities to keep these digital currencies at a stable value to represent their countries' currency.


Quite simply, unless you hold a digital asset that is part of the new QFS, you may find some of your assets being either banned or just simply going away.


At the end of June, utility case digital assets will begin to drive the market over speculation, and the cryptocurrencies that survive going forward will have a purpose. 


This could cause a Black Swan Event temporarily in the markets as new Tokenized Assets become adopted on a massive scale. Every sector of the market will begin feeling the pressures of movement into a real value in the second half of this year.


Ripple will begin to move assets across borders near and far. It will begin creating a level of competition with the dollar and other currencies, but the ability to level off Currency Market opportunities will commence at that time. 


Ripple will be the common currency used to make currencies around the world have a real chance at going to a real value based on demand and supply backed by commodities.


WATCH THE WATER. 


© Goldilocks


https://coingape.com/breaking-ripple-ceo-brad-garlinghouse-on-sec-lawsuit-crypto-predictions-xrp-victory/



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