That was a couple of days ago as you can see the little spike there in the price and here is the real Aladdin in the picture below
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This is huge for the overall market and the potential money that will be poured into it, I mean we are talking trillions at this point and in a fairly small period too I believe since already the Emirates have built all the infrastructures necessary for the BIG SHIFT from traditional to crypto, i am talking EVERYTHING they even have trained employees ready for the task
Apparently they understood the trends and they are not willing to lose time or to stay behind in the market when everything is set a couple of years from now
This will open up huge investments in the region especially in the Emirates setting it to be a renewed attraction in that part of the world
The Emirates in my mind are like Switzerland of Europe in fact on the other hand the small European country is taking major steps towards a full implementation of crypto finance not only that but there are movements inside the country calling for shutting down private banks for accusation of money printing
The call is for returning this power to the National Bank only where it belongs and where it can be held accountable by the people at any time
All the other banks will have limited supply and should manage their paper work accordingly in a healthy and most important real environment
This has been a problem for a long time now and not only in that region but all over the world
Any bank simply has the power to print new money as they wish...it is LEGAL!
So all this cheap money will come down in the coming bubble and if the banks won't get stripped from that power then everybody will pay for it
Luckily crypto is gonna save a lot of people I mean already is doing that but let's not make them get a hold of it by being vigilant all the time
