This is spot on. They are warming up the water in the kettle without having the herd notice. We need to think further ahead, ie how can we protect our savings from the decisions they will take.
The Fed decision this week will decide the market path of all assets . They are in the driving seat right now . Princes of the Yen is worth a watch on YouTube . By describing what happened in Japan, it depicts how much control central banks and the BIS really do have.
Some first hand experience about CBDC: I've just received a red packet containing 55 Digital RMB (about USD 8.6) from the Shanghai government in its pilot program to promote the adoption of CBDC. Shanghai has given away 350,000 such red packets by drawing lots. I have downloaded the wallet app and have the impression that it is quite similar to a ERC20 wallet.
This is spot on. They are warming up the water in the kettle without having the herd notice. We need to think further ahead, ie how can we protect our savings from the decisions they will take.
The Fed decision this week will decide the market path of all assets . They are in the driving seat right now . Princes of the Yen is worth a watch on YouTube . By describing what happened in Japan, it depicts how much control central banks and the BIS really do have.
Thanks for sharing. Will you make an update on Wednesday?
Some first hand experience about CBDC: I've just received a red packet containing 55 Digital RMB (about USD 8.6) from the Shanghai government in its pilot program to promote the adoption of CBDC. Shanghai has given away 350,000 such red packets by drawing lots. I have downloaded the wallet app and have the impression that it is quite similar to a ERC20 wallet.
I love the way you organise your thoughts! Look forward to hearing from you after the Fed's press conference.
Btw have you come across this? Something less strong than "crackdown"...? https://twitter.com/BikesandBitcoin/status/1404849212676730886?s=20