In this video, I talk with derivatives and Blockchain expert @StephenKendal about the latest news on Bitcoin and cryptocurrencies as we see massive rallies in the value of Bitcoin as well as minor corrections.
Stephen goes into the long term effects of Bitcoin fluctuation and how Bitcoin does not have a value cap as it has an infinite value potential due to scarcity and demand.
Decentralization is incredibly important as the fiat empire which has been designed to fail by its very creation is about to meet its inevitable end. As the fiat currencies are devalued and run on debt and fractional reserve banking, people are proving their lack of faith in the worthless IOUs as they flock to cryptocurrencies. In January the entire market cap for cryptocurrencies were $18 billion. They are now above $115 billion, Bitcoin taking up about $44.5 billion of that cap.
The future is wide open and the sky is the limit! Ethereum has made incredible rallies as well as of recent and this is all the more reason we will see many rebellious millionaires and billionaires in the future!
You can see the full video interview here:
Stay tuned for more from WAM as we post more with Stephen Kendal!
Note: Our report on Steemit will be posted tomorrow due to a longer than usual processing time. Stay tuned!
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