The Win-Win with Libra and the Third Market Wave - FOX21- Entertaining Delmarva One Click at a Time

The Win-Win with Libra and the Third Market Wave

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If you don’t know by now that Facebook FB released its librawhitepaper last week, you’re living under a rock. What you may not know isthat bitcoin shotup on the news. That’s because libra gives credibility to the cryptocurrencymarket, much like AOL did when it first brought email and the internet to themasses.

But that doesn’t mean it’s going to be all sunshine and flowersfrom here on out. Just like AOL, Facebook faces a storm of lash backs and pushbacks from across the board. Regulators. Governments. Central banks.Cryptocurrency players. Citizens concerned with Facebook’s growing involvementin every aspect of our lives.

Ultimately though, libra will be a win-win and bitcoin willlikely hit my target of $32,000 this year or early next year still aforecast that Fundstrat Global Advisors co-founder Tom Lee concurs with .

So, in today’s video, I discuss why I believe libra is apositive and what I expect we’ll see next in this arena. I also explore what’sgoing on with the Fed’s latest rate decision (to stand pat), andwhy I believe we’re entering the third wave of the Dark Window.

Equities Contributor: Harry Dent

Source: Equities News

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