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6 Things that will happen in the Post COVID world

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Stock Market-Gold-Bitcoin after the pandemic

What to expect in this article?

  • What will the world look like after the COVID19?
  • What to expect in the new post COVID19 world?
  • Our speculations 

World is in a war at the moment with a sneaky enemy called COVID19. The US is expected to reach its peak in the coming two weeks. This means two things – one: devastation will be more tragic than what we have seen so far, and two: we will eventually start recovering as a nation and the world from this pandemic.

Will the world ever go back to the pre-covid ‘normal’?

Many things might be the way they were but many things will not be the same.  Here are 5 things that, in our opinion, are going to be forever different in a post-COVID19 world.

Central Bank Digital Currency (CBDC)

Digital CurrencyThe US stimulus bill flirted with the idea of the digital dollar.  A digital dollar just makes sense. Not the kind that is ‘digital’ in its current form that is difficult to trace (once cashed, you lose track) – however – a digital dollar with no paper alternative is a totally different ball game.  You can track the journey of every single penny.  

A digital currency will help Governments:

    • Curb money laundering
    • Implement better tax protocols
    • Trace every dollar’s journey
    • Crackdown on illegal activities since everything is digital
    • Help reduce community transmission of diseases

Deutsche bank seems to agree with us. They recently tweeted this:

Deutsche Bank on Twitter

The COVID-19 pandemic is accelerating the rise of central bank #digitalcurrencies as many governments see the handling of cash as a potential risk factor. This will likely add to calls to move towards #digitalcash according to our #dbresearch colleague @MarionLaboure

Whether this CBDC will be based on blockchain or not is something we have to wait and see. If we have to call it – we would think it will be on a hybrid blockchain that is ‘highly centralized’.

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Speculation: we will see governments across the globe issue national digital currencies. Most governments will not use a public blockchain ledger as that would be the end of ‘nefarious’ activities committed by bureaucrats.  We expect use of hybrid blockchain technology that is heavily guarded and highly centralized.

Bitcoin-Gold-Real Estate

You might be thinking that Bitcoin, Gold, Real Estate are three things and why would we club them as ‘one’ thing that will change in a post COVID19 world?  All the 3 have one thing in common. They are all investments and all of them are deflationary.  We can debate whether or not Gold is truly deflationary since we make it every year, however, for the purposes of broad categorization – there is only finite supply of Gold in the earth’s core, so that qualifies it as deflationary.

In our opinion, Bitcoin and Gold will rally higher.  Real Estate might face the brunt of job losses and might lose some steam in the near short-term (6 months to 18 months) but then when the hyper-inflation (see below) kicks in – Real Estate may pop into new highs in fiat terms.

In fiat terms, Bitcoin along with gold might become the ‘reserve’ backing the global fiat currencies.

Employers will learn a valuable lesson: they don’t need as much real estate that they once thought and they will adopt many novel ‘remote’ working models to cut down on real estate spending.  This will impact commercial real estate space more than the residential real estate space.

Speculation: Bitcoin and Gold will see a surge in value in the coming years (1-3 years); Real Estate will face ups and downs to eventually get caught up with the values in inflation terms.  Employers will cut down on ‘real estate’ spending and will adopt more ‘remote’ working models.

Mandatory Vaccination

VaccineConspiracy or not, we expect that we will move into a global mandate on vaccination. As the COVID mutates and evolves into a more complex organism, we may all be required to be vaccinated annually for the COVID and its subsequent strains. It will be mandated and probably will be tied to government benefits and may be made as a condition to ‘employment’.  Insurance companies will play a vital role in implementing this mandate with threats to ‘deny’ any claims if the individual is not ‘vaccinated’.  Vaccination details will be required to be made available to government agencies, insurance companies and employers.  

Speculation: vaccination will be mandated globally in the next year or two

Hyper-inflation: return to reserve system

dollar inflationGovernments around the globe are printing their way out of this global crisis. In our view, this printing frenzy will go on at least a few more times.  That means, by the time we are done with this crisis, we would have printed as much (if not more) fiat than our current debt. This will create hyper-inflation around the world and most fiat currencies might lose their purchase power to a great extent.  The US Dollar may be one of the last currencies that will lose its power. To keep the sense in continuing fiat currency – IMF (and other agencies) will probably re-introduce the ‘reserve currency’. That is, we will transition from fiat currency that is backed by nothing to reserve fiat currency that will be backed by gold and other assets.  We expect Bitcoin to be part of this ‘reserve’ in at least some countries.

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Speculation:  we will move back to some kind of reserve mandate for issuing fiat

New Highs in the stock market

Stock Market RiseA loaf of bread cost 9 cents around 90 years ago.  Now it costs about $3. That is a 33 times increase in the price of the bread.  Whether you paid 9 cents or $3 – a bread is bread. When the hyper-inflation pushes the ‘price tags’ of everything – the stock market may go from its current lows of 21000 to 50000 in the next 3 to 5 years.  

Companies will also pay more dividends in fiat terms, however, in true purchase power terms, it may be lower or similar to current levels.  For instance, let’s say you receive $10 on a $1000 stock today. With $10, you can theoretically buy 4 loaves of bread. Let’s say this stock grows to $2400 in 3-4 years but due to inflation the price of bread is now $6 per loaf.  Assuming the same level of dividends pay out, now you receive $24 in dividends and you can still only buy 4 loaves of bread.  

This is the best case scenario.

If something like Zimbabwe were to transpire then your loaf of bread might actually cost $50 or $500 or worse.  

We believe the US will not fall into the same dark hole as Zimbabwe and the scenario from the above example might hold up.

Speculation: Dow Jones will hit new highs of up to 50,000 in 3-5 years – however – in an inflated fiat terms – this will be comparable to the change in fiat’s purchase power.

Robotics & AI

AI Robotics futureCompanies that have faced difficulty in procuring the green signal to engage in drone deliveries will start getting approvals.  Amazon and companies like it will be one of the biggest beneficiaries of this change. 

Drones will initially deliver food and essentials, stuff from online stores, police malls and drive cars for us.  

Eventually, drone based delivery will be adopted by the private delivery services like FedEx, UPS, etc., and government postal agencies will be forced to embrace the technology to stay relevant and cost-efficient.  This will have a great impact on the jobs dependent on the supply chain system.

AI will be perfected to deliver basic medical care at home via apps and other care like giving an injection, taking pulse, etc.,  We should see a spike in ‘at-home’ medical consulting through apps in the near future.  

Speculation: Drone delivery will impact supply chain and postal jobs.  AI based services will receive warm reception in the Post COVID pandemic world

Only time will be the judge of whether our speculative opinions will actually come to pass or not.  If the world has learned anything from this pandemic it is that ‘nothing is certain’.

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Thank you for reading and sharing this article. Stay safe and healthy!

IMPORTANT DISCLAIMER

Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice. Please consult with a professional for specific advice.

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

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CryptoSpace

Crypto Roundup: All Your YouTube Influencers in One Place

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Crypto Roundup

Visit our Crypto Roundup section daily for a dose of all your favorite Crypto YouTube influencers in one place.    

Worried about missing updates from your favorite YouTube crypto influencers?  

Welcome to the Crypto Roundup.  

On this page, we will post a quick summary of the videos from some of the most popular YouTube crypto influencers.

Ivan on Tech  Altcoin Daily

Crypto Zombie Box Mining

Ellio Trades Lark Davis

Data Dash Bitboy Crypto

MMCrypto Chico Crypto

Altcoin Daily

Video title: Bitcoin Will Be OVER $20,000 By Christmas 2020! BIGGEST WEALTH SHIFT OF OUR LIFETIME! Cryptocurrency

Date: 19-Nov-20

  • World’s biggest wealth shift of our lifetime is happening right now and no mainstream media is talking about it, except CNBC.

  • Preston Pysh predicted on August 26th that: “Bitcoin should be reaching its all time high by Christmas.”

  • If you are looking to buy a dip, there may not be one.
  • Ricardo Salinas Pliego, a mexican billionaire, has just revealed that 10% of his liquid assets are into bitcoin.

Lark Davis

Video Title: STOCKS HIT NEW HIGHS! WILL COVID VACCINES LEAD TO MEGA PUMP IN 2021? [Are You Ready?]

Date: 19-Nov-2020

  • Stock markets and bitcoin pumps higher on the news of the second successful covid vaccine.
  • There could be more chances for the new stimulus. Means more inflation, more debt and simultaneously pumps stocks, gold and bitcoin.

Crypto Zombie

Video Title: BITCOIN $18.5k TOP!!?! DON’T BE FOOLED!! HODL FOMO BEGINS!!! $TRILLIONS FLOOD!!

Date: 18-Nov-2020

  • Overall sentiment of Bitcoin has changed drastically from ICO craze in 2017 to a time where people are FOMOing to own more bitcoin.

Ivan on tech 

Video Title: BIG WARNING TO ALL HODLERS!!!!!!!!! DO NOT GET REKT!!! BITCOIN $18,500 REJECTED – NOW WHAT?

Date: 18-Nov-2020

  • Ivan expects bitcoin to shoot past $20K resistance before end of this year, giving it 85% probability

Chico Crypto

Video Title: World’s Most Powerful Turn BULLISH on BITCOIN

Date: 19-Nov-2020

  • All those who hold big bags of Bitcoin will come out of the shadows to talk up the Bitcoin rally, a $20K bitcoin could be on the cards before the end of this year
  • Ethereum mining could act as a big catalyst for Ethereum’s price
  • Big companies like google could play a bigger role in mass adoption of crypto

Let the FOMO begin…

Thank you for reading and sharing this article. We appreciate you.

Stay safe and healthy!

Top 5 Cryptocurrencies 2020

IMPORTANT DISCLAIMER

Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice. Please consult with a professional for specific advice.

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

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Lessons from the Veteran HODLERS to the Newbies!

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Lessons in Crypto

For all those who entered the crypto market after the 2017 bull run – here are few lessons from the HODLERS from the last bull run(s).

This is our attempt at making all you newbies aware of the mistakes veteran cryptoers did.

Let’s get started…

Don’t FOMO in to all the hype

FomoIt’s hard not to FOMO in crypto.  The trick is to make sure you don’t lose your shirt in crazy bets.  Always limit your bets to what you are comfortable losing.

The common ways you can become victim of FOMO are:

  • Following your favorite YouTuber without actually doing your own research on the project.
  • Investing into projects at the top.
  • Believing in promises of 100x or 1000x without any substance behind those claims.

HODLing far too long

Remember why you are into crypto – to make the money.

Never fall in love with your crypto, and HODL the tokens even when they are 10x and more.

Have a strategy to take your capital out before you become a HODLer.  

If you believe the project really has what it takes to go beyond 100x and more, just sell in instalments so as to not miss the ride.

One of the best ways to HODL is to take your capital in full and profit in tranches.

This rekt story will give you a right perspective of what it looks like, it’s one of many:

Don’t put all your eggs in one basket

Never go all in on one project. No matter how strong the project may look, even the projects with strong fundamentals don’t do well sometimes. 

And, you will be kicking yourself watching other projects go up and your portfolio just doesn’t seem to make a move.

And don’t over do it and have a portfolio with over 100 projects either. It is very difficult not to have invested in more than 15 projects but anything less than 20 is a good way to go, in our opinion. 

Put aside the share of Profits for Taxes.

One way you can get a good night’s sleep is by paying taxes. 

Always keep a habit of putting aside a % of your profits in USDT or other stable coins, as a reserve to take advantage of market volatility and also to meet your tax obligations. 

Exchanges are more evil during bull run

Foreign ExchangesDon’t trust exchanges. Yes we already know that, but they play more games during bullrun, some intentional and some technical. 

Many exchanges tend to go under maintenance when the prices shoot up too high too soon (Coinbase?), and you can’t sell. 

And the shady exchanges scam out before you know.

Regulators seem interested when the market cap of these projects goes through the roof, which then adds FUD around the project crashing the prices.  

Exchange may freeze funds pending investigations when such issues arise.

Take for example OKEx. Users are unable to withdraw their assets from the exchange for almost a month now, not certain if they ever will, and all that started with the legal dispute.

Never fall for Arbitrage gains

Arbitrage is when you buy in one exchange at a lower rate and sell on the other for a higher rate to take some profits. 

Some shady exchanges show a lot higher prices than the other genuine exchanges and when you deposit your assets to sell at those prices there won’t be actual volume to execute the trade. You may be stuck with either a high fee for withdrawal or other funky rules to take your own money out. 

Remember, there is no free Giveaway

Free CryptoScammers rise with the rising market.  

When the crypto market buzzes with all time highs – scammers cash in big time on newbies.

The most lucrative scam in crypto is ‘Free Giveaway’. Whether it be through YouYube ads or discussion groups and wherever they can get your attention.  Read this article on various sophisticated scams that are being deployed.

We hope these lessons help you through your trades and crypto life.  Stay safe and always DYOR.

Thank you for reading and sharing this article. We appreciate you.

Stay safe and healthy!

Top 5 Cryptocurrencies 2020

IMPORTANT DISCLAIMER

Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice. Please consult with a professional for specific advice.

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

 

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Crypto Roundup: All Your YouTube Influencers in One Place

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crypto news

Visit our Crypto Roundup section daily for a dose of all your favorite Crypto YouTube influencers in one place.    

Worried about missing updates from your favorite YouTube crypto influencers?  

Welcome to the Crypto Roundup.  

On this page, we will post a quick summary of the videos from some of the most popular YouTube crypto influencers.

Ivan on Tech  Altcoin Daily

Crypto Zombie Box Mining

Ellio Trades Lark Davis

Data Dash Bitboy Crypto

MMCrypto Chico Crypto

Altcoin Daily

Video title: The United States Just Brought Bitcoin into the National Conversation!! | Cryptocurrency in 2021

Date: 16-Nov-20

  • Former National Treasurer and the new US Senator Elected, Cynthia Lummis, said Bitcoin fits the bill as a good store of value as it is finite and limited, unlike the inflationary fiat currency.

  • Grayscale adds over 7000 more bitcoin in just the last 24 hours.
  • Just over 16% ETH staked for ETH 2.0 launch on Dec 2 2020.
  • Bitcoin Cash hard fork takes place tomorrow.

Crypto Zombie

Video Title: WARNING!!! BITCOIN 2017 BEAR FRACTAL RETURNS!!! BTC WORST CASE SCENARIO…

Date: 14-Nov-2020

  • Institutional money starts flowing into bitcoin.

  • Paypal goes live with its crypto trading platform for eligible customers. They have also raised the buying limits from the initially set $10,000 to $20,000 per week.
  • DIA, an DeFI Oracle provider, integrates with Polkadot.

Ivan on tech 

Video Title: BITCOIN WILL DO SOMETHING INSANE THIS WEEK!!!! -30% DUMP AHEAD vs $20,000 PARTY – Programmer

Date: 16-Nov-2020

  • Bitcoin could make a big move this week, either hit 20K or we may see a 20% to 30% drop
  • Chainlink partners with Etherisc to deliver agricultural insurance in Kenya.

Ellio Trades

Video Title: UNLOCKING $100 TRILLION? This low cap gem seeks to bridge CeFi and DeFi

Date: 15-Nov-2020

  • DeFI could be similar to the ICO craze in 2017
  • Low cap gem: AllianceBlock
  • AllianceBlock is bridging the gap between DeFi and CeFi
  • AllianceBlock Partnership with Orion Protocol and Chainlink.

Chico Crypto

Video Title: WARNING! An “EVIL” Entity Wants Control of BITCOIN…

Date: 15-Nov-2020

https://www.youtube.com/watch?v=45Ac-5y2ofg

  • 90% of Bitcoin’s mining pools are controlled by China based mining pools
  • As the value of bitcoin goes up – there is a threat of push to ‘control’ the network from China
  • Binance is looking to push through the 50% mining share and Chico believes this could be dangerous

Visit our Crypto Roundup section daily for a dose of all your favorite Crypto YouTube influencers in one place. 

Thank you for reading and sharing this article. We appreciate you.

Stay safe and healthy!

Top 5 Cryptocurrencies 2020

IMPORTANT DISCLAIMER

Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice. Please consult with a professional for specific advice.

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

Continue Reading

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