Crypto On the Rise... Financial Liberties NL July 29, 2024.
Following the Bitcoin 2024 conference, BTC and the broader cryptocurrency market experienced a notable surge, driven by renewed investor confidence and positive sentiment from key industry announcements. The event highlighted significant advancements in blockchain technology and growing institutional adoption, which fueled optimism among traders and investors.
Additionally, various politicians acknowledged the potential of cryptocurrencies to revolutionize the financial system, with some advocating for clearer regulatory frameworks to foster innovation while ensuring consumer protection. This political support and recognition further bolstered market confidence, contributing to the upward trend in crypto prices. Many of the politicians mentioned buying and holding Bitcoin as a part of the US government's reserve holdings.
Here is what RFK Jr said about Bitcoin and how he would get the US Treasury to buy 550 daily until they amass a huge amount... he seemed the most bullish on buying Bitcoin for the US Gov't.
Of course, Donald Trump also weighed in on Bitcoin too, I will be posting more videos about what he said about BTC in the next day or two, as well as some other videos that spoke at the #Bitcoin2024 #conference.
As much as I am bullish about #Bitcoin, am also very bullish on #XRP and what #Ripple is doing. I have a call with a Business Development manager from RippleLabs early next week. We will be discussing Ripple's adoption for cross-border payments, the use and growth of XRP, and the Ripple ledger technology in Emerging Markets, in particular, Mexico and Latin America. So I will have an update and share my thoughts about XRP and Ripple later next week's newsletter and post a video about them on the Financial Liberties YouTube Channel.
Here is a video from an executive talking about Ripple and XRP in the new financial system and how it can be incorporated into the #SWIFT payment system... this just shows me that Crypto payment technology is advancing and will be a part of the evolving financial system.
Of course, the private sector is also looking to compete in this new paradigm shift in the financial markets... see what Elon Musk said about X and his vision for it in the new world of Finance.
Why is this movement to Crypto, BTC, and XRP important? Well, the old financial system is based on Fiat, not backed by anything like Gold, and even some politicians admit the banking system is based on Fraud.
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Stay tuned for more Crypto and Precious Metals News, as next week I will have an interview with a fellow commodity expert talking about Gold, Commodities, and Bitcoin. I will also be sharing some updates about Investing and Entrepreneurship in Mexico.
I just did this recent interview about why I moved to Puerto Vallarta Mexico, and I share some data and facts about the #Mexican #economy, and why I think there is a tremendous opportunity for Investors and Entrepreneurs in Mexico.
Have a great week, and keep following Financial Liberties on our other Social Media Platforms...
Vin Maru, Chief Editor of Financial Liberties
Visit our website at https://financialliberties.com/