Mr Anabolic - what we will soon start to witness is high net worth individuals saying to their private bankers “tell me about them newfangled cyber coins I been hearing that all these young whippersnappers are buyin”. And the banks, who don’t want to be left behind or appear uninformed or outdone will bring out their young “crypto investment analyst” who will provide a seemingly educated explanation ending with something like “so at this stage whilst you should have some exposure we wouldn’t recommend more than 1% of your portfolio allocation”.
“Good” will be the reply. “Get me $500,000 worth”. And it will be done (with the private banker making money on both the annual cut he takes on the total managed amount along with a transaction fee).
Then, guess what that HNW will talk about at his next golf game, yacht outing or cocktail event? “I bought myself some of those new fangled bitcoins. Already gone up x%...”. Similarly their trophy wives are having similar conversations whilst getting their nails done, pussies waxed, lips plumped ...”. Their mistresses will be wanting payment in bitcoins (and yes it is 100% anonymous despite your earlier claims to the contrary). And on it goes.
And then, as all this start happening, do you think the Rothchilds, Gates, Blankfein, Bezos, Soros’s of the world
are going to sit idol as their USD wealth is displaced? Not a chance. They will move in BIG time. Again, for anyone who does not want to be relegated to a slave in the new world you can see the writing on the wall. Buy just a single coin to secure your future!