We have PayPal recently announcing they will be a bitcoin exchange. I'm guessing more financial entities will front run the crypto adoption to keep themselves relevant. They will suck up the crypto assets off these underground exchanges. The banks get the asset, to help back the sour debt, and possession is backed by the law. They also get backdoor access to the crypto market to use to keep the sovereign digital "tokens" buoyant. Kinda like jp Morgan and their massive stockpile of silver they hold for their "clients" .
We have PayPal recently announcing they will be a bitcoin exchange. I'm guessing more financial entities will front run the crypto adoption to keep themselves relevant. They will suck up the crypto assets off these underground exchanges. The banks get the asset, to help back the sour debt, and possession is backed by the law. They also get backdoor access to the crypto market to use to keep the sovereign digital "tokens" buoyant. Kinda like jp Morgan and their massive stockpile of silver they hold for their "clients" .
"commodities are going to be the next bull market"
totally agree. great video.