It is just about safe to say that no-one knows what the near future keeps for Digital Money than me. It seems that when an event occurs, someone with understanding of it throws out a concept or perhaps a prediction which the currency will go up or down and there are individuals who proclaim this may never take place.
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I am not sure if that is true but it certainly makes some individuals think a whole lot harder, and I understand I do. There are so many dangers in this area because it is so new. I’m becoming asked if this may or will end in failure generally.
I can tell you that I know more about the Digital Currency of today than I really do concerning the currency of 5 years ago. I actually think I am going to reply that related query with an emphatic YES! There is absolutely no way on the planet that we will dsicover another “Internet Bubble” or another massive bubble that pops up.
When I first got involved with this space, I had been asked how we can predict these crashes and bubbles, and my answer was “I don’t know.” Which means I have read all of the “charts” and do my far better keep up to date with the proceedings in the Industry and the money of the day.
My research has brought me to the final outcome that I’d have to say that the only person of us who knows what is going on will be our readers. Should they find something out that is fresh and thrilling, then we know it. If we find something they’re not telling us, we shall tell them, too.
Now, I must acknowledge that we have not yet had a successful currency that produced a lot of money and was worthy of what everyone anticipated it to be. But that does not mean that we are not watching the same thing that we have been.
I will give you an example of this as it relates to Bitcoin and to the Digital Money. If you go through the history of economic bubbles in all of the history of america, you shall note that if they burst, there had been plenty of people around that saw it coming and do what they could to stop it.
Do you understand that Bill Gates is a big proponent of Digital Currency? That is stating a lot contemplating how many situations he has made big money from Microsoft.
We also understand that a long time ago, Jamie Dimon, the Chairman of JP Morgan Chase was talking about buying this sort of technology and engaging in the market. He didn’t observe any reason why he couldn’t make a bundle when this occurred.
He had observed what had occurred to the currency markets in the past and it made an appearance that it had been destined to crash, so he built his own currency markets known as the Distributed Autonomous DAO or Corporation. You can find other examples such as this one.
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