The thing to do with anything i think you always have silly people i think some of this stuff would win them both and all the soviets or parts of the old world that would die away too so as we draw people to the spirit of what weve been doing in creating in the space of big coin i think. That. You know activity has a shelf life or is is not the long term thats the here and now like you know we got involved in getting your you know max was so helpful in showing us the way we didnt look at it as how much was big corn were we looked at the fact that we had a new way of doing transactions how we can interact with each other he spoke about a way that we no longer would be limited to or controlled by people who never respected us anyway so i think some of the leftovers of the or residuals of this current environment is just kind of spilled over into this new world that were creating but thats going to thats going to go away also 2018 continues the i. C. A. O. Boom in fact more money was rais
Is suppressing the price of big coin so in the short term all of the creation of off chain claims typically that are accepted as if theyre the real thing and are proliferating the supply of decline its a sneaky way to get around the 21000000. 00 cap those are all in the short term having a suppressive price on the in. But in the end the korean wins because in the end though anyone whos who is practicing in these practices react off occasion and the like will be wrecked and its it may take a few years for that to happen but there is no lender of last resort in decline and anyone who is taking these risks deserves to go bust will banks wreck big corn or a big coin wreck banks jamie dimon is getting wrecked as we speak now said 21010 years into bitcoin and jamie dimon has capitulated hes admitted defeat after years of bashing big coin after years of trying block chain not big coin he capitulates and what does he do he issues his own all to coin j. P. Morgan coin as ive been saying you don
A new way of doing transactions how we can and interact with each other he spoke about a way that we no longer would be limited or controlled by people who never respected us anyway so i think some of the leftovers of the or residuals of this current environment is is is is kind of spilled over into this new world that were creating but thats going to thats going to go away also 2018 continues the i. C. A. O. Boom in fact more money was raised and 2018 then the epic amounts raised in 2017 in the 1st 3 months of the year a total of 6300000000. 00 is raised and i see. Q one saw 59 percent as many i. C. s raise capital as all of 2017 by september 2800. 00 there was over 13000000000. 00 raised for a. Mishal coin offerings these are genuinely magic internet money its just fabricated at a thin air sure because the market was beginning to deflate but people were not believing the bull market might be over so they were buying into it still quite aggressively and its always the case is that whe
To theres an awful lot of real profit cation the coin lending market has exploded in size in the last year especially in the last few months and all of this is suppressing the price of big coin so in the short term all of the creation of off chain claims typically that are accepted as if theyre the real thing and are proliferating the supply of because its a sneaky way to get around the 21000000. 00 cap those are all in the short term having a suppressive price on the in. But in the end the korean wins because in the end though anyone whos who is practicing in these practices react off occasion and the like will be wrecked and. It may take a few years for that to happen but there is no lender of last resort in decline and anyone who is taking these risks deserves to go bust will banks wreck big corn or a big coin wrecked banks jamie diamonds getting wrecked as we speak now said 21910 years into bitcoin and jamie diamond has capitulated hes admitted defeat after years of bashing big coi
At the News Conference today steve. Thanks very much, melissa the Federal Reserve left Interest Rates unchanged at the june meeting but made a major change in the outlook, suggesting maybe a cut ahead, maybe in the next months meeting in july. Effectively ended the policy of patience as it was born, actually signalled where it wouldnt do anything for several months, instead it is now emphasizing uncertainties in the Economic Outlook and, quote, it would act as appropriate in economic expansion. Remember back in march no federal official forecast a rate cut in 2019. Now eight are on board with rate cuts, at least one this year, and seven of those forecast two cuts, and the fed chair saying even though they arent forecasting cuts, well, theyre leaning that way. The number of those that wrote down a flat race pass agree that the case for additional accommodation has strengthened since our may meeting. Uncertainty surrounding the baseline outlook have clearly risen since our last meeting i