The Top 3 Catalysts Behind an Impending Monetary Revolution

A Broad Outlook on the Future of Finance and Cryptocurrency

Augustus
Coinmonks
Published in
7 min readOct 20, 2019

--

The Big Bang

History was made in the summer of 2011 when Bitcoins price ballooned into what at the time was a staggering $32. What goes up must come down, and inevitably Bitcoins price took a nose dive back down to the $2.00 range. That ended up being a -94% bloodbath, but for the people who held onto their positions, they ended up reaping a massive reward. As we all know, Bitcoin has had an impressive past with almost harmonic boom and bust cycles. Behind these cycles, underlying variables known as catalysts move the markets. Investors and traders alike speculate on reasons to buy or sell the digital asset and in Bitcoins case, more buying and less selling. Regardless of your take on price, whether it's bullish or bearish, one thing is for certain; the market moves because of significant events that trigger speculation. With that being said, here are the top 3 long-term catalysts that will propel Bitcoin to new highs and revolutionize finance.

1: Governments

Yes, governments, and hear me out. I am not here to politicize anything because we can all agree, that gets annoying, but history has shown that governments, no matter the size, do not have the…

--

--