Search the Community

Libra was not a DOA—dead on arrival. In fact, it hasn’t even arrived yet. And it is far from being dead. I want to offer some reading between the lines here: The USA gov tends to speak against crypto because BTC is perceived as a threat to the USD long established monopoly. So, speaking against Libra is just a convenience. Using any flaw or weakness that FB has as a giant social media is just a good tactic to speak against crypto currency, period. If you want to use scare tactic, as banks proponents as many are, you only need to throw in a few scary things like Libra may help money launders, terrorists, etc. But even among US Lawmakers, especially the folks in charge of the appropriate Committee, the intention to help the poor unbanked population actually sounds good, and they said they would continue to investigate Libra. And that was not a treat. That is actually more than a promise. And then we all saw the Chinese government all gunhos about blockchain new projects after this Libra scrutiny in US Congress. If you know the always-fierce competitions between these two Super Powers in all areas of powers, then you should know at least, something is cooking behind the scene about crypto, government crypto, that is on the USA part. Only on the surface, understandably they would have to publicly speak against Bitcoin and now Libra...

Is Japanese candle stick actually a good tool to analyzed the movement and behavior of price in forex and in ctypto trading. Or there is others which could do better than the Japanese candles stick?