CENTRAL BANKS VS CRYPTO: The Battle Lines Are Being Drawn...by LYNETTE ZANG

By ITM Trading / July 09, 2021 / marketsanity.com / Article Link

I talked about this day coming, three years ago. Let me say this just to be clear, I'm not against crypto. In fact many of our clients accumulate both Gold and Crypto. A big commonality between the people who own both, is the intention to hold their wealth outside of the system. Something that gold truly is. Plus, central bankers have had a lot of practice minimalizing and regulating competing currencies, something that gold and cryptos are. If we know we're living in a surveillance economy, which we are, and we know digital currency supports the goals of the already established system, which they do, then it's time to start looking at how the central bankers are responding to the idea of long-term competition.

To see Lynette's slides and research links from this video: https://www.itmtrading.com/blog/centr...

Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to come together in community in order to survive and thrive through the hyperinflation she sees in the near future.

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