KUALA
The U.S. and bitcoin:
\u00a0<\/b><\/p>\n Corporate
\u00a0<\/p>\n The
\u00a0<\/p>\n Although,
\u00a0<\/p>\n U.S.
Who are the new kids on
\u00a0<\/b><\/p>\n Decentralised
\u00a0<\/p>\n The
\u00a0<\/p>\n On
\u00a0<\/p>\n A win-win for Forex<\/b><\/p>\n \u00a0<\/b><\/p>\n Regardless
The worldwide financial system is ripe for significant paradigm
KUALA
LUMPUR, MALAYSIA –\u00a0Media OutReach\u00a0– 14 October 2021 -There is
hardly anyone left who is not familiar with the bitcoin bull market. A few but
dramatic corrections made this historic run more exciting. Blockchain
technology is here to stay. And the way legacy institutions and governments
react will determine the future of finance. The global …<\/p>\n","protected":false},"author":1,"featured_media":18124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18123"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=18123"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/18124"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=18123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=18123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=18123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nLUMPUR, MALAYSIA –\u00a0Media OutReach<\/a>\u00a0– 14 October 2021 -There is
\nhardly anyone left who is not familiar with the bitcoin bull market. A few but
\ndramatic corrections made this historic run more exciting. Blockchain
\ntechnology is here to stay. And the way legacy institutions and governments
\nreact will determine the future of finance. The global broker OctaFX prepared
\nan expert article exploring whether peaceful co-existence might be an option.<\/p>\n![](\"https:\/\/images.media-outreach.com\/Thumb\/500x0\/186235\/OctaFX.jpg#image-186235\")
<\/p>\n
\nteasing as a sign of affection<\/b><\/p>\n
\nAmerica is slowly but surely approving bitcoin as a credible long-term
\ninvestment and even payment method. Elon Musk’s electric vehicle manufacturer
\nTesla temporarily granted selling its cars for bitcoin. Elon Musk is known for
\nhis advocacy for new technologies and his interest in blockchain. Popular
\nonline payment service PayPal started offering cryptocurrencies to get into
\nthis emerging market. Social media platform Twitter recently launched tipping
\nin bitcoin for followers to support their influencers financially. It is worth
\nkeeping in mind that even Goldman Sachs, which until very recently
\nunderestimated bitcoin publicly and showed expert distaste for the opinion that
\ncryptocurrency would be a powerful investment, changed its position.<\/p>\n
\ninfluential multinational investment bank, having close ties to the most
\npowerful governments in the world, announced in March 2021 a ‘full-spectrum’
\ncryptocurrency investment offer, including bitcoin, for its private clients. <\/p>\n
\nthe narrative from U.S. governmental institutions suggests a different
\napproach.<\/p>\n
\nTreasury Secretary Janet Yellen said she is eager to crush the influence of
\ncryptocurrencies by pushing International Monetary Fund (IMF) capacities
\nfurther. Many financial experts consider the IMF to be the future issuer of a
\nnew worldwide digital currency\u2014centralised, of course.<\/p>\n
\nthe blockchain?<\/b><\/p>\n
\nfinance (DeFi) and so-called ‘smart contract’ platforms on blockchain networks
\nhave many runner-ups: Ethereum is the most used network and the first of its
\nkind. But lack of scalability and high transaction fees give Ethereum’s
\ncompetitors a chance to succeed. Polkadot, Cardano, Cosmos, Harmony and others
\nhave significant potential to solve these systemic weaknesses. <\/p>\n
\nDeFi marketing slogan for the crypto sphere is about ‘helping the masses of
\nunbanked people’, for instance, in Africa, Asia, and South America. It gathers
\nsignificant trust in these populations over classical banking institutions.<\/p>\n
\n14 April 2021, Coinbase, the most prevalent cryptocurrency exchange, was
\ndirectly listed on the Nasdaq exchange. This move indicates even more mixing of
\ncrypto and traditional finances and implies a rising future influx of retail
\ninvestors into crypto assets.<\/p>\n
\nof the transition’s nature into this advanced future financial order, Forex
\nbrokers need to adapt to this new vibrant parallel development\u2014staying competitive
\nand relevant in the long term. The ability to offer the most popular and
\ninfluential cryptocurrencies means that a broker keeps significant doors open
\nfor new demographics. But this is also crucial to stay with legacy currencies.
\nTheir centralised successors, which the IMF, FED and others already plan to
\nlaunch as digital counterparts to their crypto challengers, should not be
\ndisregarded. <\/p>\n
\nshifts, which will ignite even greater competition
\nbetween centralised and decentralised systems and their services. But Forex
\nbrokers, like OctaFX, are already taking on the
\nexciting task of offering the best of both worlds, building long-term trading
\nrelationships with their growing client base\u2014with the best of conditions.<\/p>\n<\/p><\/div>\n\n
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