Recently, the 2017 Shape the Future summit was held in Hong Kong, hosted by Bitkan. The event had more than 80 enterprises participating, the main highlight being the first ever Bitcoin Documentary in China. The documentary was about how Bitcoin came into existence and the diverse roadblocks that it had to go past to get market acceptance. The documentary offered a balance perspective on the pros and cons, highlighting that the future seems decentralized. Truth, it’s never easy.
Leaders Unclear on Stance
Who knows what is going to happen? It just seems that there is too much noise to make a sound investment at this time. One month feels like a year in the cryptocurrency space. As it seems, all players will contradict themselves whilst it serves their purpose of volatility. Ray Dalio of Bridgewater claims its a CryptoCurrency bubble, Larry Fink of BlackRock is a cautious believer, CEO of JP Morgan, Jamie Dimon claims it is a fraud, despite the company continuing to help clients purchase CryptoCurrency.
This bubble will burst till 2021 and when it does it will be brutal. Leverage traders beware, swaps and sheer volatility make CryptoCurrencies a short term investment, the unexperienced, don’t bother, it’s pure gambling, your safer hiring a money manager who handles Risk like a Boss or no one at all. Alternatively you can always buy the actual currency on any reputable exchange and store it over a long period of time. Don’t hesitate to ask us for consultation, it’s our duty to inform and digitally liberate you.
There are currently thousands of crypto coins in the world and the list keeps growing, regardless the recent crackdown on ICO’s. SWIFT has been around for a long time, could it be the end? or, the beginning?