The Big Bitcoin Breakout Is Here
Bitcoin is beginning the move to take us to $150,000 but like big breakouts in the past, it won’t be in a straight line.
Posted by Ian King | Oct 15, 2024 | Banyan Edge, Cryptocurrency, Investing
Bitcoin is beginning the move to take us to $150,000 but like big breakouts in the past, it won’t be in a straight line.
Posted by Ian King | Sep 24, 2024 | Banyan Edge, Cryptocurrency, Investing
“First they ignore you, then they laugh at you, then they fight you, then you win.” This is one of my favorite quotes. I’m not sure who said it, although it’s been incorrectly attributed to Mahatma Gandhi. To me, it describes the disruptive force of technology — incumbents ignore the upstarts, laugh at them, try to fend them off and then eventually lose to more efficient ways of doing things. This is exactly what’s happening in the world of traditional finance, as blockchains take aim at the $33.5 trillion financial sector.
Posted by Ian King | Aug 27, 2024 | Banyan Edge, Cryptocurrency, Currency
Stablecoin is here. In an increasingly digital economy, it will soon be impractical to carry anything but a digital dollar.
Posted by Ian King | Aug 20, 2024 | Banyan Edge, Cryptocurrency, Investing
Tokenization is a revolutionary new way to create a unique digital asset that’s not controlled or owned by a government or corporation. In the same way that Satoshi originally created bitcoin as a peer-to-peer electronic currency. All of our digital data — our digital selves — can be tokenized and stored just like you can store cryptocurrency.
Posted by Ian King | Jul 30, 2024 | Banyan Edge, Cryptocurrency, Government & Politics
Former President Trump stunned the audience at Bitcoin 2024 after advocating for the creation of a “strategic bitcoin reserve.”
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