Lots of rumbling in the financial sector about this date. Dates are thrown around a lot but this one has my attention. People in FinTech KNOW something happens around this date. At this point I would definitely pay attention to 12/13.
100% agree. PO's companies - major force in fintech and related policy.regulation - are already using the new banking verification system rules - THAT HAVEN'T BEEN IMPLEMENTED YET. That tells me that he knows it's coming...and soon.
What are suggestions to do with money in the bank? And even cash on hand?
That is a hard call for me to make because I would not want to advise anyone to do something that fucks them. I would look at the market and especially here https://www.nasdaq.com/articles/there-is-now-a-federally-chartered-digital-asset-bank-in-the-u.s.-2021-01-13. This is the first federally chartered crypto bank and A LOT of companies are shifting here. That's how I found it. Companies are shifting massive amounts of money into crypto cold storage there. https://www.anchorage.com/ This is for companies only, not individuals. I'd think about converting dollars to a crypto you know isn't going the way of the dinosaur. I'd ride the wave and convert only when you're sure. I'd say to keep cash on hand but I think setting yourself up by having everything you need and paying a few months bills in advance is the better way to go. Let me think about this a little more. I don't talk about this with anyone so let me think on it.
Thank you for that. I've thought about Gold and Silver coins, but if the banks go crypto, who regulates and exchanges gold and silver for goods and payments of debt, utilities, fuel, groceries, etc.
Tusd\trust token. Industrial scale currency onramp
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