Hi Platinum Followers,
Today’s video draws on the concept of Populism and how this is creating a global shift in politics and economics around the world.
So does Bitcoin benefit from the surge of political and monetary unrest around the world. Populism is a political approach that strives to appeal to ordinary people who feel either let down by the political elite or that their concerns or needs are not being met by the current financial and social structures in place.
Quantitative easing is a great example that currently being used across the globe of how the general public consistently sees their domestic currency worth less and less in an effort from a government to boost the money supply and encourage lending and investment.
There are however been good use cases from such economic policies, some experts believe the former Fed President Bernanke saved the world with the QE program. The interbank lending stopped after the Lehman Brothers in 2008 collapsed, having a major effect on international trading and interbank relations, QE restored liquidity very quickly and stabilised the economic system.
This whole concept has been pegged as the fuel that created populism evidence of Brexit and even Trump’s rise, according to Baroness Ros Altmann.
This narrative that the Fed’s QE programme is inflationary and will put a strong bid possibly forcing investors to explore the world of bitcoin, which according to many, is the closest thing to perfect competition.
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Tassat Is One Step Closer to Offering Crypto Derivatives With CFTC Approval – The firm formerly known as trueDigital Holdings has received approval from the CFTC to take over the SEF registration from trueEX.
Coinbase Will Now Reward Users for Holding This Cryptocurrency – The crypto exchange is for the first time allowing general users (except for residents of Hawaii and New York) to earn an estimated 5% annual return by simply holding the Tezos token.
The SEC Has Rejected Every Bitcoin ETF – Wilshire Phoenix believes It has the solution.
Hopefully, you have enjoyed today’s article. Thanks for reading!
Have a fantastic day!
Live from the Platinum Crypto Trading Floor.
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