St Louis Fed Explains Why BTC Price ‘Not Likely to Fall to Zero’ The Federal Reserve Bank of St Louis has published an examination of the long-term prospects for BTC price. It considers both the […]
You’re standing on the prow of an ocean liner cutting through the icy waters of the North Atlantic. A huge iceberg looms dead ahead. You’ve seen it for some time, but now it’s too close, and the liner too big and fast, to avoid the collision. You quietly make your way to the lifeboats, knowing they’re the only chance for saving yourself and your loved ones. Below decks, an orchestra plays a waltz and oblivious revelers dance.
Most people don’t foresee the world’s inevitable collision with the iceberg of unsustainable fantasy. When it happens, they’ll respond predictably, with panic and cowardice. Those who’ve seen it coming and moved to the lifeboats will experience their own roiling emotions, attenuated by recognition of the logic behind the disaster. While the forewarned have dreaded impact, many will also welcome it, in the way one welcomes an unpleasant medical procedure: let’s get it over with. The motive is not malice, but conviction born of experience that actions have consequences and there’s no escaping them. After seemingly inexplicable and interminable delay, consequences shall arrive, amplified by the tawdry stratagems that promoted delay.
OKCoin Exchange Invests in Crypto Custody Firm Prime Trust Cryptocurrency exchange OKCoin has invested an undisclosed amount in crypto custody provider Prime Trust. In a note sent to customers on Wednesday, Prime Trust CEO and […]