The New Safe Haven

For the past few years, China has been embracing the new world of finance. After all, they have been attempting to improve the infrastructure of the world. By now, everyone knows about Bitcoin and some know about Blockchain.Many countries have begun to adopt this new technology. America, however, has been slow to act when it comes to the crypto scene, but that may be changing.  The leader of tomorrow nyst work to adjust and improve their financial foundation. Ladies and gentlemen the war of this generation will be fought digitally resulting in a paradigm shift.

As of March 26th Brian Brooks, a former Fannie Mae executive and former CLO of Coinbase, has accepted the position of COO at the U.S Office of the Comptroller of Currency. This is a clear indication that the US is preparing their entrance into the world of digital currency. My guess is that Coinbase will gain access to the US market with their new Visa card based on current trends.

Timing is everything, and China appears to be positioning itself to jump in at the right time. Two days before Brooks accepted the position, China grew closer to their goal of releasing the digital Yuan.  Many "private" companies in China have completed the groundwork for a digital currency. This is the new Cold War.

The currency of tomorrow will likely be hybrid: digital coupled with physical; i.e.  a form of cryptocurrency backed by physical gold and silver. Despite our delayed start we still have time.