Will the US Dollar Collapse in 2021?
I think the best indicator of the US Dollar’s decline is the sudden explosion of the Bitcoin (BTC) cryptocurrency’s price.
I think the best indicator of the US Dollar’s decline is the sudden explosion of the Bitcoin (BTC) cryptocurrency’s price.
If the courts uphold the lawsuit, I think the SEC could gain the ability to regulate all cryptocurrencies.
If those claims are true, I think the Flare Network could solve of the biggest problems with Ripple (XRP). You cannot easily convert Ripple into Ethereum (ETH).
I think Circle designed USD Coin (USDC) for CeFi and DeFi. Notably, Circle claims to issue USDC through regulated financial institutions. Similarly, Circle offers DeFi investors access to Circle Business Bank Accounts that tokenize US dollars. The Circle Business Bank Accounts enables users to move digital dollars in and out of DeFi protocols.
The goal of Celo is to build a new international financial system that will serve everybody, including the unbanked. The hope is to create mobile apps that will allow anybody anywhere to spend or transfer Celo through a mobile app.
If Decrypt’s claims are true, the US Treasury is attempting to undermine Maduro’s government. To explain, hyperinflation makes Venezulea’s currency the bolivar worthless, leaving many Venezuelans; including healthcare workers, with no money to buy food.
Thus, the cryptocurrency markets frighten me because the people playing in them do not understand what cryptocurrency is.
I think PayPal could make money with cryptocurrency because it already makes money from its digital wallets and Venmo.
In addition, BTG Pactual (BVMF) uses GUSD to support its ReitBZ cryptocurrency. Brazil-based BTG Pactual (BVMF) claims to be Latin America’s investment bank.
The DigitalBits team estimates the global market for gift cards, rewards points, and loyalty points’ at over $200 billion.
Beyond Rogan, I think fear is driving Cash App’s Bitcoin revenues. To explain, I think ordinary people fear coronavirus could destroy the US dollar and the American economy. Hence they are looking for alternative assets and Bitcoin (BTC) is a dollar alternative.
The plan at Red Box is to create ecosystems around RBD. The RBD will provide the funds and smart contracts that operate the ecosystems.