Goldilocks’ Comments and Global Economic News Sunday 5-12-2024
Good Evening
Breaking: Ripple CEO Brad Garlinghouse on SEC Lawsuit, Crypto Predictions, XRP Victory | CoinGape
If you think that cryptocurrency is not part of the Presidential race this year, you might want to think again. The population is watching very closely on how Congress deals with our new digital economy.
At the end of June, our Markets in Crypto Assets and Stablecoins are about to become law. We have some coins that just simply won’t cut the mustard after that date.
These new regulations becoming law will set directives on their use and their value going forward. Gold and other Commodities will back these tokenized assets and stablecoins that are going to be backed with enough gold and other commodities to keep these digital currencies at a stable value to represent their countries’ currency.
Quite simply, unless you hold a digital asset that is part of the new QFS, you may find some of your assets being either banned or just simply going away.
At the end of June, utility case digital assets will begin to drive the market over speculation, and the cryptocurrencies that survive going forward will have a purpose.
This could cause a Black Swan Event temporarily in the markets as new Tokenized Assets become adopted on a massive scale. Every sector of the market will begin feeling the pressures of movement into a real value in the second half of this year.
Ripple will begin to move assets across borders near and far. It will begin creating a level of competition with the dollar and other currencies, but the ability to level off Currency Market opportunities will commence at that time.
Ripple will be the common currency used to make currencies around the world have a real chance at going to a real value based on demand and supply backed by commodities. CoinGape
WATCH THE WATER.
© Goldilocks
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US House Committee set to address regulatory issues over digital assets through review of FIT21 Act | FX Street
The House Committee on Rules publicly announced intentions to address digital asset regulatory issues.
Financial Innovation and Technology for the 21st Century Act would be reviewed to better address the state of digital assets.
Billionaire Mark Cuban says that crypto is the way to win the votes of younger and independent Americans.
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Vietnam welcomes US consideration of market economy’s status for VN | VietnamNet
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Vietnam: Market-economy status shouldn’t require a ‘perfect score’ | InsideTrade
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📈 Facing Today’s #stagflation Reality | Youtube
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Uphold CEO On XRP, ODL & Mass Adoption! | Youtube
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FYI: I only post in this room, and people are welcome to take any information out of this room to other places.
I do not post outside of dinar land, but I have seen this information throughout the internet inside professional business venues.
This is a free gift to the group of people that I am a part of and always will be.
© Goldilocks
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Leading European bank to halve oil and gas exposure by 2025 | Offshore Technology
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Standard Chartered Bank to fund green Chinese firms in Africa-Xinhua | English News
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Scaling AML compliance with AI to prepare for the next black swan event | BAI
