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re: Crypto - are you still invested?
Posted on 11/17/22 at 10:22 am to TheOcean
Posted on 11/17/22 at 10:22 am to TheOcean
quote:
Won't be selling for years
Good luck with that. Now that they are openly admitting that FedCoin is a reality, all other forms of digital currency will be banned.
And I imagine that happens before the '24 elections
Posted on 11/17/22 at 10:29 am to RobbBobb
quote:
Good luck with that. Now that they are openly admitting that FedCoin is a reality, all other forms of digital currency will be banned.
They're not cutting off that tax revenue. We'll get additional regulation, but they won't outright ban it.
Posted on 11/17/22 at 9:33 pm to RobbBobb
quote:FedCoin already failed in Africa (I forget the country). That was the first global "field test". It wasn't adopted. Nobody wanted it.
Now that they are openly admitting that FedCoin is a reality, all other forms of digital currency will be banned.
I worked at Omniture for 5+ years before we went public then were ultimately acquired by Adobe. When we were at Omniture, the biggest fear we had was when Google released their free Google Analytics platform. We all thought that Google was going to give something away for free for what Omniture was charging people for, thus killing the company. The Google's Analytics platform sucked comparatively, and what Google ultimately did is taught companies and the internet masses about internet/website analytics tools. The trajectory of Omniture became a J-Curve.
I foresee a similar result with FedCoin as Google if it even gets that far. Banning Bitcoin is impossible now.
This post was edited on 11/17/22 at 9:55 pm
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