Libor’s End Forces Global Banks to Juggle Multiple Replacements
Make a global rule, bitcoin proper, the coin now in the $8500 region, way up, make it illegal to ever use that coin for goods exchange. The result is that bitcoin can become the standard FX exchange tool at the wholesale level. Then, because of its queuing properties and liquid entry and exit, global banks can always measure FX stress with bitcoin pricing.
The idea is to force bitcoin proper into its niche. Spawn away on bitcoin, but bitcoin proper is forever stuck in its single niche, the perfect FX transfer tool. Exactly the original idea, go from hedging the central banks to becoming a powerful FX measuring tool.
Does any one seem to think that we get bootleg tech becoming mainstream?
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