Dear Reader, Bitcoin’s break back to US$65k and over is far from assured, despite its recent comeback. But the fact that Bitcoin [BTC] hasn’t dropped to US$20k or lower is, in itself, pretty amazing. An IMMENSE amount of FUD news (fear, uncertainty, doubt) continues to be thrown at the crypto space. Ryan Dinse explains… ‘While the mainstream media put the BTC rise down to rumours Amazon was going to accept bitcoin payments on its website, most crypto people knew this wasn’t the real driver behind the price rise. ‘Which is why, when Amazon announced they had stated no such plans, the price of BTC didn’t plunge like the smug no-coiners thought. ‘When that Amazon FUD didn’t work, the big hitters were drafted in to try and talk down crypto…’
Ryan’s talking about the US Senate Banking Committee… Their chief crypto critic is former democratic presidential hopeful Elizabeth Warren. Like all good socialists she thinks she knows better than everyone else and has the right to dictate terms. She stated: ‘Instead of leaving our financial system at the whims of giant banks, crypto puts the system at the whims of some shadowy, faceless group of super-coders and miners, which doesn’t sound better to me.’
Ah yes, those big banks that always do the right thing…! As Ryan says: ‘Give me the shadowy super-coders any day…’ Elizabeth Warren, it so happens, has amassed a US$12 million fortune from the current system (the ‘old game’), and her power stems from having control over it. That’s the current financial system in a nutshell. A cosy coterie of politicians, regulators, and big banks. They think we’ll be happy with the scraps they leave on the table for us, while they create fortunes for themselves. Crypto isn’t about trusting ‘super-coders’.
It’s about trusting no one! The control freaks in Washington and their scared banking allies hate that, of course. They need you to ‘need’ them. Crypto means we don’t need anyone, plain and simple. We trust code, we trust maths, we trust the free markets. After that, we’ll take responsibility for our own actions — good or bad. But speaking of actions… What are the smartest actions you can take…right now, while prices are still being discovered, and FUD still haunts the market…to front-run this trend before it’s fully mainstream? Click here for How to Play the New Game. Regards, Greg Canavan,
Editor, New Money Investor | 
