We all know the crypto currency is not just a coin It represents underlying technology the block Chain.
We also know it is in an up and coming industry, which means that's the last place money is going when there are problems.
So when I read this article
https://www.wired.com/story/trump-first-year-impact-on-innovation/
it confirmed a lot I already knew,
Well what happens If you don't have an environment that can bring the best people to work on the new technology?
Ignorance abounds!
What happens is people are not available in the industry to program, so projects get delayed for months if not years and smaller companies die at alarming rates and the bottom 10 to 20% of companies under 100 people get killed off as well.
Like what happened with the drain after the Internet bubble burst in the late 1990s, Or the Lose of US consultants bec At the end of the 1980s with the change of the tax codes.
Or the destruction of the Economy in 2006-2007....
The worst thing is this country was built on being innovators, even our form of government shows that.
These are the things we should be selling the world and are not because of the greedy ignoramus in the white house.
We have a transition to how to provide energy to the world, use of computers to solve problems, new technology we should be nurturing: ai for aircraft, drones, cars. Nano tech for medical usage, robotics in multiple fields, manufacturing and automation, operations automation, cryptology and security .... All of which require a vibrant well trained hungry to work work force.
So what has the chief cheerleader in get those best of other countries to come work for us done?
Driven them off!
and essentially
So simply put you want your cryptocurrencies to go up...make sure to be active in coming elections because its not what they say its what they do....And you have 2 very important weapons in your holster
- make sure to vote (and get others out to), we are in these problems because of voter suppression efforts by the republicans and Russians for years. essential 3 votes a district in Wisconsin won Trump the Election and 3000 hanging chad ballots not being counted won Bush the White House. and now Bush and Trump get to appoint 5 supreme court judges...`1 stolen from Obama not even bringing his nominee up for interviews.
- Use the bully pulpit: find out who supports or doesn't support your Point of View send the emails or phone calls when they have the campaign to speak to your representatives. or read up and contact them yourself.
Disclaimer first...then on to the good stuff...
I presently work as an operations consultant who started multiple businesses and has worked with 1000s.
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I am not a licensed investment advisor or investigative Journalist. These are just personal observations and thoughts. |
My background helps having worked programming for & consulting to Thomson, CS First Boston, Chase, Morgan Stanley, Software Options, a Fund taken over by Price Waterhouse, Independent Investors and served as an expert witness legal cases. Specifically working on: Trading, Portfolio Management, Order Routing, Position tracking, Analysis, Risk Analysis , and Arbitrage systems.
I am presenting my observations here, you must first decide if they make sense to you, this is part of the information I use to make my portfolio decisions.
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