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XJO - Bear Posts only (Factors which might cause the markets to fall), page-1624

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Ewebute

5,925 Posts.

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07/03/22

10:48

Post #: 60025823
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Originally posted by Ewebute: ↑

Interesting read... its not just about the flow of money, but the linked flow of goods.

Along a similar vein, Ukraine Mounts Effort to Surveil Russian Politicians’ Crypto Wallets (yahoo.com)

You might start seeing rumblings that the Ruskies are using crypto to move money around going forward. Do you think the governments around the world will finally be able to highlight this as a major concern (on top of all the other factors already raised) and eliminate non-Govt backed digital coins / cryptos?

I think this is a real possibility and therefore you are likely to start seeing drops in the values of cryptos going forward. These are likely to become a zero value item shortly.. Maybe the governments might wait until the transfer of value has been put into crypto and then collapse that system taking the enemy (and lots of little investors) along with it... Just musing out aloud again

Expand

Ta...dah....

Treasury’s Yellen urged to ensure crypto isn’t Russia sanctions workaround - Moneyweb

Next will be increased monitoring of wallets and then regulations and eventually banning... This 'asset' class is finished

XJO Value at posting: 7,087.5
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0 Great analysis

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