South Korea's announcement, they will not be banning Crypto of any kind, spells a big victory for the various currencies around the world. Even bigger than what could be considered a small victory, is what is starting to feel like a larger victory against the powers that be, i.e., Warren Buffet and the likes.
With his own statement on feelings about Cryptos, he seemingly spoke death into the air surrounding Bitcoin and all others, by saying he felt a crash was coming soon and that these ALT currencies were not sustainable. As though he were some sort of puppeteer or psychic pulling strings and rubbing his crystal ball, almost on cue, countries around the world began announcing bans on the currencies, or at the very least, steep regulations and or restrictions which would leave them unusable. The markets began to unload the currencies at a staggering pace and the exchange prices would follow costing many of us untold amounts of money, not to mention scaring the absolute crap out of us. But what is that I see, but light at the end of this tunnel.
The fight is long from over, however, for those warriors out there in the thick of the fight to take power from the few and put it back into the hands of the many, standing strong in the Crypto battle. This is definitely a significant victory within the larger war ahead. This announcement by South Korea speaks to the relevance of the currencies within the market places around the world. It says that the value out ways the fear the bankers. That the fear of the people, at least in a small way, out ways the value of the banks.
The more we use it, the less they can deny it. Sometimes, small steps make big changes.
so, GET EXCITED STEEMIT FRIENDS, first rounds on me!
Video URL: https://www.msn.com/en-us/money/video/south-korea-says-it-has-no-plans-to-shut-down-cryptocurrency-trading/vi-BBIwUUi
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