Institutions have the most chips on the table. As a trustee of other people’s money the primary focus of institutions is to ensure that any investment vehicle is safe & sound. That the assets are safe.
While an institution may lose money, it needs an ironclad guarantee that their custodians will not lose their money.
In the crypto space, institutions, like prudent individuals, have had enough reason to be skeptical of crypto assets.
Are there sound, trustworthy investing & trading platforms?
Goldmoney, the anti-moral hazard; the place you run to in a financial crisis, has launched BlockVault: the first insured, third party custodian for digital assets.
BlockVault offers a cold storage solution with third-party insurance, auditing, and public company oversight and transparency, while remaining free of conflicts for ecosystem partners.
Can we have a completely
monitored, regulated & controlled
financial system?
Will any tax authority or regulator
allow anonymous financial
transactions, in any form?
Can we build decentralized &
centralized systems in parallel?
Do they converge?
Will we pay taxes through smart
contracts?
When institutional capital comes
in, the great wave will reset crypto
to a higher price.
Did Wall Street reflexivity make
this a self-fulfilling prophecy?
Will BlockVault become the investment vehicle for institutions?
Did we send out an invitation
to institutions to join the crypto
party without being equipped to
host the party?
Without providing tools or means
to play?
How do we restore trust to the
financial services professional?
Is moral hazard embedded in our financial system?
• Moral hazard is the seed of fiat banking.
• The logic of monetary policy is manipulation; to trick people into a value of money to stimulate consumption, as & when needed.
Moral hazard ulimately catches up
with you.
There is always the tension between
liquidity & solvency.
• When institutions become fundamentally insolvent, they assume that they would be bailed out.
Warren Buffet controls the base
float of the financial system
through his insurance companies,
which allows him to have an
inflationary & capital advantage
over everyone else in the system.
The control of the base float
enables Buffet to fund his
oligopolies.
• A currency is a liability; gold & crypto has no liability.
A currency is a debt.
Gold or bitcoin is a proof of work.
Gold or bitcoin is a bearer asset.
The bearer owns the asset, with no
liability attached to the asset.
Crypto & Wall Street: Is There Common Ground
Max Kaiser, Stacy Herbert, Josh Crumb and Ran Neu-Ner explore "Crypto & Wall Street: Is There Common Ground?" during Consensus NYC 2018.
Do we need everything to be
centralized?
Do the masses need some form of
centralized, goverance & control?
Are we using blockchain for things
that are best centralized?
Learn more about how BlockVault could become the de facto investment vehicle for institutions.