MARKETS: SLEEPING WITH THE ENEMY. By Gregory Mannarino TradersChoice.net

MARKETS: SLEEPING WITH THE ENEMY.
By Gregory Mannarino TradersChoice.net

This “New Alliance” of merging banks with cryptocurrencies will prove to be the most positive thing to happen for the banking system ever since going off the gold standard.
GM
A disturbing alliance is being thrust upon all of us… and although this “pact” will prove to be exceedingly beneficial for some, it will come at a great cost for most.
Most of you reading this believe that the US needs to be returned to a Constitutional Money System. But unfortunately, the US is being rapidly pulled farther away from a Constitutional Money System.
Instead, The United States is being deliberately, systematically, and now methodically bridged into a blockchain based tokenized system at an accelerated pace. The key component, and I mean “THE KEY,” of making the tokenized system a reality, is first by merging the banking system with cryptocurrencies/blockchain technology. Banks therefore must be further deregulated, along with cryptocurrencies, and then streamlining the two. Therefore, bringing cryptocurrencies right up into the “mainstream.”
Banks being deregulated, in and of itself, is massively positive for banks and the financial market(s) sector as a whole. Then, merging banks with cryptocurrencies is even more positive for the banks.
This “New Alliance” of merging banks with cryptocurrencies will prove to be the most positive thing to happen for the banking system ever since going off the gold standard.
It should be clear to you, the reader, that the US will be leading the way moving forward to introduce blockchain technology into the financial system and mainstreaming it.
We also understand that cryptocurrencies will be added to the US Strategic Reserve, according to President (S)elect Donald Trump. Secondarily, by adding crypto to the US Strategic Reserves, it further legitimizes cryptocurrencies. (I say “secondarily” here however, adding crypto to the US Strategic Reserves should be considered as an integral part of mainstreaming/legitimizing crypto AND, as a major step toward tokenization).
Sleeping With the Enemy.
I consider the entire banking system predatory. Moreover, I personally do not like observing the “mainstreaming” of cryptocurrencies. The mainstreaming of crypto is clearly THE WAY to push We the People into accepting a/THE tokenized system.
The alliance/deregulation of banks and crypto is frankly immensely positive for the price action of both the banks and the crypto space overall. With that, I would expect to see major investment cash make its way into both the financial sector/banks, and cryptocurrencies.