Crypto Storm

Good Morning everyone!! I hope you are enjoying the rest of your summer. It’s been pretty warm summer this year however, great time to get out by the pool and cool off. It’s been awhile since my last post and I was hoping to go over some of the new and upcoming events that are about to happen with crypto.

Over the last year we have been in a big bear market across the markets. Inflation has hit 9.1%, we are in a recession. “Because recessions often last six months or more, one popular rule of thumb is that two consecutive quarters of decline in a country’s. (Anderson,2022). Although we have been in a downward trend or bear market for awhile now, this did not stop certain companies and crypto’s from pushing the envelope and thriving in this environment. I want to touch on different crypto currencies that may make a difference in 2022 and why were heading that way. I am not a financial advisor I just enjoy learning new things and sharing my experience. Always do your own research before taking any action.

Volt Inu

Volt inu a newer crypto currency that was created in Dec 2021, has been keeping it’s head to the grindstone this bear market. This is not your average crypto and is about to take the world by storm. Since being created it is listed on 36 exchanges with a plan to get listed on 100 by the end of year. This crypto lead by voltoshi (Creator) is pushing the envelope of the crypto world. With many professional sponsors on board, this is not a coin/token to sleep on. Volt inu is at the price of 0.00000098 and is getting ready to make a difference with new utility Volti Change. This one to look into and soon if you haven’t already.

What makes a crypto valuable? How can you trust currency?

Excellent questions to ask oneself before going about any investment opportunities. What gives crypto value and how do you know in this emotionally reckless world where nothing seems to make sense. Crypto’s are going to make the next big run, have to have utilities that the consumer will be able to use and hold assets to help maintain value. In past we have seen many random crypto run high then fall off the face of the world. Now as we advance there is a lot of utility that a person can use with a crypto. Such as their own debt cards, graphs, swapping crypto’s on website, security tools to check for scams “BSC scam check, Token Sniffer”. Huge community, Utilities, and easy to use software are going to be big. Alot of this information is found on their individual websites in the tokenomics that tell what the coin/token is all about.

Mass Adoption Storm

There are over 9500 crypto currencies in creation today. If you have never looked into blockchain technology, I challenge you to pick up a copy of “Blockchain Technology for dummies” or watch a couple YouTube videos to better understand. In 2021 there is a whapping total of 243 Trillion dollars in Equities across the globe. There is around 2 Trillion in crypto currency today, so what do you think happens to a majority of crypto when regulation and adoption is finalized. Crypto will take the world by storm and knowing what’s coming is half the battle.

Why would they adopt crypto?

If you haven’t read Ray Dalio’s new book “The Changing World Order” you should most definitely give it a read/listen. In 1944-45 the U.S went on the gold standard for money, bringing everything backed by gold. Until 1971, when President Nixon took us off the gold standard and moved us to the floating exchange. At this point are country printed more cash then they had gold and in a way to save us for defaulting on our debts they swapped over to the floating exchange. Fast forward to today, they are in a very similar situation as the 1971. When a country goes in debt there are four ways the country can get out of debt. 1. Raise Taxes on the rich, They have already tried this and failed looking at New York and California causing people to flee the state due to high tax. In New York 63 Billion worth of people had fled the state to escape taxation. 2. They can Default on our debt causing the country to fail completely, not an option. 3. Print Money, not shy about printing more money these days haha. This plays key role in rising inflation and obviously they cannot give out free money however, they can give a zero percent interest loan which is similar. So forth option could be to create a new hard backed currency to switch over to. In order to restore balance in the economy and financial system just like in 1971 where they moved from gold back currency to free floating exchange. At this point they must transition to a new hard backed currency from free floating exchange to crypto currency. Goldman Sachs made the first Bitcoin backed loan this year 2022 showing how there moving that direction. There is a lot that goes into all this I would say that crypto will become a new asset class for transferring of money and maybe over a longer period of time everyone may transition more and more to digital currencies.

Overview

Thanks for taking the time out of your day and reading. We went over Volt and couple key aspects. We talked a little bit about crypto and thoughts on where it’s going. I hope you found value in this post.

Wish you the best of luck moving forward with life.

If you like what you heard or read please feel free to give some feedback.

Thanks,

Helse