A New Financial Ecosystem
Sometimes I have the feeling that I live in a parallel universe. I have learned something about crypto since 2017 and invested in it in the past two years. And until last December I hadn’t met anyone who really understood what was going on in this room – let alone someone who was actually there.
Finding Like-Minded Individuals
That changed at the Bitcoin Mena conference last year, my first such event in which I found my people. The spokesman after the speaker repeated what I had felt, but was still not sure: a newly undeniable and unstoppable financial ecosystem is created. Most people don’t remain unsuspecting.
A Familiar Feeling
I understand it. I’ve been here before. In the late nineties I did a basic HTML coding course for a basic weekend in Canada. Nobody in my circle did something like that and I wondered if I was a little crazy – but if I was, it was also my funny classmates. I did not pursue HTML and unfortunately did not invest in web projects, but I have enough indication of understanding what happened a few years later when news trooms became digital.
Signs of a Paradigm Shift
It is a situation that now feels very familiar. And wherever I look every day, there are signs of a paradigm shift. The meme that made me laugh out loud this week showed a man’s sketch on an old school phone and said: "I want a wake -up call." This is answered by a woman: "It will always be only 21 million Bitcoin." That’s it. This is a whole joke. It’s brilliant.
Bitcoin and Token Applications
The applications for Bitcoin and the spectrum of the tokens go far above the purchase of low purchase and the high sale. The US Federal Housing Finance Agency has just announced that Crypto can now be considered a borrowering assets in mortgage applications -as long as it takes place on a regulated US exchange. That means you can soon use Bitcoin as collateral to buy a house.
Institutional Investments
This signals that you trust in crypto – and in the stock exchanges that hold it. The best of them may be banks themselves, just not the way we are used to. Flood institutional investments. In April, the US company Cantor Fitzgerald announced a crypto company of 3.6 billion US dollars with Tether and Softbank, based in the way the corporate strategy of Michael Saylor Bitcoin for investors with traditional financial instruments.
Strategic Asset
More and more traditional financial analysts and CEOs describe Bitcoin as long -term strategic capital. Even with the recent geopolitical tension that she would have crashed in the past, Bitcoin drove just below $ 100,000 for a new all-time high. What is currently happening is that the global financial system continues to chain. Crypto is no longer fringed – it is fundamental.
Adoption and Regulation
In the UAE you can now pay your taxi tariff in AE Coin (AEC), a regulated stable coin that is supported by the dirham. The Dubai Ministry of Finance has teamed up with Crypto.com in order to enable people to pay government services with digital currencies. Here in the UAE, blockchain events regularly attract large crowds. The country is known for it and regulation.
The Future of Stable Coins
This is how adoption works – piece by piece until one day it is everywhere. In the United States, the Senate recently passed the Genius Act, a non -partisan draft law that creates a regulatory framework for stable coins. There is a huge runway for stable coins that serves as a bridge between the traditional and digital financial world. As Citi recently reported, the StableCoin market could reach 3.7 trillion dollars by 2030.
The Biggest Players
The biggest players? Circle (the USDC) and Tether (spending USDT), which are quietly developing to some of the largest financial companies in the world. Dynamics are also building up all over the world. In just a few characters: Bhutan is now the third largest Bitcoin holder in the world. Coinbase buys BTC weekly. Ethereum -Tfs set records and one month after the connected Coinbase in S&P 500; It was the top performer on the index that follows the 500 largest publicly traded US companies.
A New Era
In seven years I saw how crypto was dismissed as fraud to all the above. And yet most people don’t know about it – and don’t seem to want it. If you still read, congratulations. You answered your wake -up call. They are in the smart money minority. And luck for you, that’s really just beginning.
