Happy New Year!<\/span><\/p>\n Last month, I started a series called \u201cCrypto Wars: 2019,\u201d reflecting my observations about the general crypto markets and Bitcoin in particular. If you didn’t catch the first installment, you can view it\u00a0<\/span>here on EscapeArtist.com<\/span><\/a><\/p>\n In this second installment, I\u2019ll introduce what I call \u201cThe Axis Against Crypto!\u201d (Did I mention that this would be both educational and fun?)<\/span><\/p>\n The Axis is made up of three domains: 1) Almost all Central Banks worldwide. 2) Most governments and legislatures. 3) Institutional \u201ctoo big to fail\u201d banks. And though I\u2019m having a bit of fun with wordplay, these massive players do NOT want to see crypto succeed, unless of course, they are in control.<\/span><\/p>\n And control is what it\u2019s all about for all of the Axis players. Although the mainstream media rarely reports on any of this, several articles have appeared in 2018 specifically discussing Central Bank issuance of digital currencies. In fact, The Bank for International Settlements (BIS) conducted research on the subject in early 2018 and published a white paper on that very subject. You can read the report \u201c<\/span>Central Bank Digital Currencies<\/span><\/a>\u201d for yourself. \u00a0<\/b><\/span><\/p>\n No doubt, this theme of Crypto Wars is going to be played out more fully in 2019 because the Axis really does not know what to do about a system where you can move your own fungible assets anywhere, anytime, without permission.<\/span><\/p>\n![\"Brian](\"http:\/\/www.escapeartist.com\/wp-content\/uploads\/2018\/12\/unnamed.png\")
<\/b><\/p>\nCrypto Wars: 2019 (Part 2) The Axis Against Crypto<\/strong><\/h2>\n
The three main takeaways in Part One are:<\/strong><\/h3>\n
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