from Kerry Lutz's Financial Survival Network
Dr. James Stroud, PhD, the father of the Stealth crypto currency joined us for a discussion of Bitcoin and cryptos. We discussed the Bitcoin cycles and James attributes much of Bitcoin’s recent losses to it’s most recent halving, the process whereby production of new Bitcoins is decreased by 50 percent. All its prior declines have been followed by similar crashes. He’s not sure that 65000 was the ultimate high from which it will crash.He developed Stealth for rapid transactions, enhanced privacy and energy efficiency, exactly what Elon Musk is looking for. Let’s see if it replaces Dogecoin as Musk’s favorite crypto.
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from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/35EznJl
