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What does Elon Musk intend to do? Who else is behind him?
First, let's talk a bit about the crypto market. Two things are essential for the crypto market: hardware and non-hardware. Among them:
***The hardware includes: mobile device (main), cold wallet (secondary)...
***Not hardware: internet, app, wep, electricity...
Barriers to crypto include:
***Hardware: trading access devices, memory devices. This has been addressed (, it may not be fully resolved but it's not something to worry about too much.
***Not hardware: electricity and internet ( these two things, if not resolved, will greatly hinder crypto. You may wonder why it’s not about taxes and laws.. read on to understand ).
** To solve the energy problem: there are solar chargers, and the sun is almost everywhere on this planet.
** To solve the internet issue: back in the day, there used to be cables, but later it might be replaced by satellite internet.
If this becomes a reality, crypto would almost be uncontrollable by anything. At that point, the creator of satellite internet would be the biggest beneficiary and have complete control over the game. The integrated equipment would be so compact that you only need to carry a tiny thing, and you could trade even while sitting outdoors. Or later, if they integrate satellite internet connectivity into phones, it would be even more terrifying. When everything is covered in every nook and cranny of the earth, the game will be controlled by one person or a group of people. At that point, all they would need to do is charge for internet access with some token, and....
They create problems and solve problems. The interesting thing is that these problems are interconnected and contribute to social development. Holding a phone, a solar charger, and a satellite internet receiver, one can confidently go anywhere, so who wouldn't accept that? Accepting better things and bringing benefits to oneself is something everyone likes.
Warning: The content of this article is a personal opinion and is not intended to solicit investment. Be cautious with your own decisions!
You can ask me questions by clicking on the link I pinned on my profile.
(crypto )index #giapduclong # trader #forex # signal $btc #bitcoin