The White House Is A Crypto Ambassador
A little more than a year ago the well-respected journalist Michael Casey wrote a think piece about the prospects for the newly elected US President Donald Trump. In the article that included the outlook for the dollar he notes, uncertainty is the enemy of efficient markets and can have a self-fulfilling effect. Just after the 2016 election Casey concluded that the Trump Administration’s impact was an open issue.
A year later, there is no doubt. A bombastic President has created a level of uncertainty has contributed to a 1570 %+ rise in Bitcoin and a 5575%+ increase in Ether.
These days in Washington, not much is certain. Everyday news headlines paint the picture of a circus. Lately the reality of massive tax cuts promises to add over a trillion dollars to the current mountain of federal debt. In times like 2008 a challenge to the world monetary system produced a rush to gold.
Goodbye To Gold
But when we see the price of gold remaining pretty stable while cryptocurrencies soar, there is a message here. Donald Trump is a walking ambassador for cryptocurrencies. The world has been off the Gold Standard since 1974 and the dollar could be next.
The US dollar’s role as the international reserve currency is already diminishing. The policy of the Trump administration of putting America first is a policy of isolation. The threat of ending long-standing trade agreements like Nafta or backing away from the TransPac agreement accelerates the process.
Trade That Is Truly Free
The fact is we already operate in a digital economy in which economic activity is increasingly decentralized, with transactions happening peer-to-peer and, when the Internet of Things is in place, machine-to-machine.
The Hidden Need For Trust and Verification
Cryptocurrencies create a world that is truly free of any trade restrictions. As this happens, an entirely new world will be created where trust and verification become critical. This will translate into explosive demand for legaltech services. This is where the Ethereum blockchain platform and SilentNotary will shine.
Bitcoin addresses a huge financial market but has none of Ethereum’s features. In this respect Ethereum possesses open-ended opportunities.
A Total Approach For Success
The SilentNotary business model is the most comprehensive anywhere addressing all sectors including B-2-B, B-2-C, B-2-G and IoT. In addition, SilentNotary offers the most customer interfaces including mobile apps, chatbots, web, email and API.
SilentNotary is taking the Ethereum platform one step further with it’s patent pending Lightstamp technology to bring trust to an addressable market of over 60,000 businesses and more than 2.3 billion mobile users worldwide.
SilentNotary’s diverse and growing team now totals over 14 and is ready for the future. More than just a bunch of code writers with a flashy app, team SilentNotary consists of financial and legal experts, product designers and marketing specialists. The team has the firepower to deliver.
SilentNotary Announces ICO Holiday Sale
In the spirit of the holidays, SilentNotary is holding a Christmas and New Year Sale from December 13th until the 27th. Registered participants will receive a one-time discount of 24%. This offer is only good during the limited time so be sure to get registered now. We look forward to sharing the holiday spirit with you.
James Waggoner
