There is a lot of cash parked in safe securities yielding next to nothing. Big question begging consideration - What if contagion in Europe comes off the table ?
Blockchain a radically oppertune way of sharing information being a valuable and transformative new age technology. This fact begs the question why this? why now?
For that we need to get to the basics of cryptocurrency technology.
Imagine you have worked out the best recipe ever for homemade chocolate chip cookies. They taste heavenly - not just to you and your mom, but to everyone else you have shared them with - including some food bloggers and chefs. You do some rudimentary market research and find that if you can keep the price reasonable these cookies could sell like hot cakes! You beg, borrow and steal - mostly borrow -just about enough to start a factory to make a few thousand cookies every week. You think you are ready for business, when a lawyer friend asks you an innocuous question: "Hey, have you sorted out your compliance requirements?" And, with that the cookie crumbles!
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