Bitcoin is on the launch pad for the second bull run, so it calls for some entertainment, but equally important to emphasize an inherent relationship between Mr Bitcon and 007 James Bond. No better movie than “NEVER SAY NEVER AGAIN” to explain about it.
So, let me please recap the movie “NEVER SAY NEVER AGAIN” for the readers. An aging 007 James Bond (Sean Connery) makes an uncharacteristic mistake during a routine training mission, leading M (James Bond’s boss Edward Fox) to believe that the legendary British Intelligence Spy is now past his prime. M suspends Bond from active duty. However, when a SPECTURE member Fatima Bush (Barbara Carrera) and her fellow terrorists successfully steal two nuclear missile from the US Military, M must reinstate Bond as he is the only agent who can beat SPECTRE at their own game of espionage.
Mr Bitcoin is the 007 James Bond of Crypto World . When the crypto scams were happening all around the world , regulators from many countries tried to ban and do everything to destroy Mr Bitcoin meaning Mr Bitcoin was too a scam especially during the last 4 months in 2018. So here regulator is M.
Suddenly, the big ROI hungry institutional investors especially hedge funds managers realized that missing the Bitcoin band wagon will be a foolish act they can do in year 2018. So there was a change of heart, most of the regulators realized that to stamp out the real crypto scam, regulation of Mr Bitcoin, the 007 Bond of the crypto world was necessary. Like the M reinstated the 007 James Bond to fight the evil, some of the regulators reinstated faith on Mr Bitcoin – The 007.
They also realized that the 4th industrial revolution, the blockchain revolution will be a dream if they don’t come out with a proper regulation.
I have another context to the movie “NEVER SAY NEVER AGAIN” - possibly we can say now that that Mr Bitcoin is never going to retest the low of $5200 of last April 2018.
So everyone should “NEVER SAY NEVER AGAIN” that Mr Bitcoin shall retest the low of April 2018.
Regards
Shaji Manghat