The Fed is hinting about the Demise of Cryptos

[LoriPrecisely]

Just like AI is in a super trend cycle/phase the same applies to Asia. It is In a supercycle phase and it will dominate for decades to come. The best place in Asia is in South East Asia. Many forget that most of Russia is in Asia

I was looking into buying Chinese stocks, when I found these:
Are Delistings of Chinese Stocks on Their Way?
https://www.morningstar.com/articles/10 ... -their-way
U.S.-Listed Chinese Companies Worth $1.1 Trillion Face Risk Of Delisting
https://www.forbes.com/sites/ywang/2022 ... 3636d75c47
What are your thoughts?

[AstuteShift]

Just like AI is in a super trend cycle/phase the same applies to Asia. It is In a supercycle phase and it will dominate for decades to come. The best place in Asia is in South East Asia. Many forget that most of Russia is in Asia

I was looking into buying Chinese stocks, when I found these:
Are Delistings of Chinese Stocks on Their Way?
https://www.morningstar.com/articles/10 ... -their-way
U.S.-Listed Chinese Companies Worth $1.1 Trillion Face Risk Of Delisting
https://www.forbes.com/sites/ywang/2022 ... 3636d75c47
What are your thoughts?

I believe that the Chinese Stocks have until 2024 to comply with US regulation style accounting

If they don’t comply by the deadline then all of them face delisting.

It’s going to be interesting, going forward if the USA and China relation will continue to get worse, most likely it will given how they thrown Russia out of Swift

[Yodean]

I believe that the Chinese Stocks have until 2024 to comply with US regulation style accounting
If they don’t comply by the deadline then all of them face delisting.

I haven't look into this too deeply, since I am not particularly concerned about the CTTs faring poorly in the years to come, but my current understanding is that even if a Chinese stock is delisted from the main exchanges, it may still trade on the OTC markets.

[Budge]

Federal agencies warn of open barn doors long after the horses have bolted:

Based on the agencies’ current understanding and experience to date, the agencies believe that issuing or holding as principal crypto-assets that are issued, stored, or transferred on an open, public, and/or decentralized network, or similar system is highly likely to be inconsistent with safe and sound banking practices. Further, the agencies have significant safety and soundness concerns with business models that are concentrated in crypto-asset-related activities or have concentrated exposures to the crypto-asset sector.

https://wallstreetonparade.com/2023/01/ ... soundness/

[Budge]

SWIFT will no longer process currency transactions from bank accounts to crypto exchange, with a value of fewer than 100,000 USD, effective February 1st, 2023. The move is designed to reduce the access of crypto investors which is a step toward what I have been warning that governments will NOT allow private cryptos to compete....

This is a move that is to open the door for government digital currencies and to gradually reduce the private crypto marketplace. Imposing a $100,000 limitation will greatly reduce the ability to gather smaller investors.

https://www.armstrongeconomics.com/worl ... rketplace/

[Yodean]

Many alt. coins have died, and many more will.

BTC will survive, as it always has. Anti-fragile at its core.

ETH, although weaker and more centralized, should also survive. More potential upside and downside.

BTC actually helps the USD maintain its dominance at the moment. Those small countries trying to roll out a CBDC - like Nigeria - and outlawing BTC are actually seeing increased adoption of BTC by the masses as a way to "escape" the CBDC of that country.

Also, stablecoins like USDC and USDT, in similar vein, like BTC, are actually helping the USD maintain its status as the global reserve currency.

In many countries with corrupt governments and hyperinflating currencies (e.g. Lebanon, Argentina, etc.), the population tries to preserve its wealth by covertly holding USD cash, BTC, and USD-backed stablecoins. And of course a bit of physical gold and silver.

All of this is contributing to the USD Milkshake, or the USD Black Hole.

TINA! There is no alternative.

King USD still rules the land, for good or ill.

[MarkD]

Time to start a thread on how to work around CBDCs, as most of us on this board have / or will be interested in utilizing the proceeds of our investments in ways we choose, not necessarily those of the money changers.

[SOL]

Time to start a thread on how to work around CBDCs, as most of us on this board have / or will be interested in utilizing the proceeds of our investments in ways we choose, not necessarily those of the money changers.

One way is the barter system, but in general, I think we will have to adapt to them. However, different countries will impose different rules and I am willing to bet that so-called dictator countries will offer more freedom in terms of their CBDC.

https://www.youtube.com/watch?v=tttqqAUgc-M

Avoid the commercials trying to push bullion bars.

[stefk]

https://altcoininvestor.com/top-iso20022-crypto/

Crypto currencies dont interest me, I am surely wrong. I just come from the gym, one of the coaches, a young guy, an anti vaxxer and also an investor, becomes my mate. And he gave me this news, ISO 20022, for next year, the SWIFT will disappear.

The best cryptos for the future, QNT, XRP, XLM

[Yodean]

I just come from the gym, one of the coaches, a young guy, an anti vaxxer and also an investor, becomes my mate. And he gave me this news, ISO 20022, for next year, the SWIFT will disappear.

The best cryptos for the future, QNT, XRP, XLM

Generally, don't think it's a good idea to take investment advice from young guys at gyms ...

SWIFT will be around a long, long time ... if and when it is seriously threatened, the U.S. military will go into action (for real), and destroy those who try to take SWIFT down.

King USD reigns supreme, more powerful than any nuke. To kill a king, you better be perfect in your first strike - you won't get a second chance.

Guns generally beat ideology or good intentions. The Dark rises.

As for cryptos, alt. coins are highly risky, and many have/will disappear.

BTC and ETH will be fine, though ... sustained bull run likely in '24/'25.

[Yodean]

*****
may be helpful for the btc day/swing-traders out there ...

[Budge]

I just come from the gym, one of the coaches, a young guy, an anti vaxxer and also an investor, becomes my mate. And he gave me this news, ISO 20022, for next year, the SWIFT will disappear.

The best cryptos for the future, QNT, XRP, XLM

Generally, don't think it's a good idea to take investment advice from young guys at gyms ...

SWIFT will be around a long, long time ... if and when it is seriously threatened, the U.S. military will go into action (for real), and destroy those who try to take SWIFT down.

King USD reigns supreme, more powerful than any nuke. To kill a king, you better be perfect in your first strike - you won't get a second chance.

Guns generally beat ideology or good intentions. The Dark rises.

As for cryptos, alt. coins are highly risky, and many have/will disappear.

BTC and ETH will be fine, though ... sustained bull run likely in '24/'25.

Have to say my view of crypto is along the lines of: Don't steal. The government doesn't like competition.

When they are good and ready, they'll destroy the crypto market.

[Yodean]

Have to say my view of crypto is along the lines of: Don't steal. The government doesn't like competition.

When they are good and ready, they'll destroy the crypto market.

As you prolly know, I wrote a long post a few years ago here, I think re/ btc ... imv, btc is "controlled opposition" for the U.S. DeepState, to give an illusion of freedom to the masses while herding the masses towards adoption of FedCoin (U.S. CBDC).

So the PTBs have a vested interest in keeping btc around ...

[bpcw]

Just seen this today, prankster call with Christine Lagarde, very interesting, not sure if already posted somewhere:

https://www.youtube.com/watch?v=Z0TKiItrCeE

[Yodean]

Crypto is fairly easy to trade, really.

When no one is talking about crypto, accumulate btc.

When everyone is talking about btc, start accumulating alt. coins.

When your grandmother asks you about btc, sell all your crypto holdings and short.

Easy, peasy ...