Serenity Amidst the Storm
By NikosJuly 19, 2022November 15th, 2022No Comments
Serenity Shield » Press » Serenity Amidst the Storm
By now it has become pretty much a truism. When Jamie Dimon speaks, the prudent tend to listen. He is a Very Important Person, whose words and deeds carry immense weight throughout the corporate conference rooms and government halls the world over. While certainly in no way intended as an endorsement of Dimon's words, it would nevertheless behoove us to pay attention. As one of the self-appointed "masters of the universe", his public statements matter — particularly to anything relating to financial issues.
Here Comes the Story of the Hurricane
For those who have not yet heard by now, Dimon predicts a coming economic "hurricane." Exhorting his audience, he warned them — "Brace yourself". His view is that the Federal Reserve may not be up to the challenge of dealing effectively with the potential economic cataclysm he predicts is on the horizon.
By now, most of us in this space know that Dimon has never been a fan of Bitcoin. Others have documented thoroughly his disdain for the flagship of blockchain technology. Many of his critics suspect that his dislike stems from Bitcoin's decentralized nature, which makes it exceedingly difficult to fully control. Regardless of his antipathy, and even open hostility toward Bitcoin, Dimon has voiced support for blockchain technology generally.
Dimon hates decentralization, but loves tokenization and the commodification it enables, it seems. While he doubts the future of digital gold and other decentralized digital assets, his traders and bankers are facilitating their well-heeled clientele's forays into the cryptoverse. Obviously, he and his firm certainly harbor no qualms about making money off of the technology. We can all rest assured that no matter what the market does, Wall Street sees a future in digital assets, despite Dimon's fears of a market catastrophe.
Regardless of your opinion of Dimon and the rest of the traditional financial world, he is correct in at least one sense. The hurricane is indeed bearing down on the market. Periods of dramatic uncertainty and massive capital movements tend to breed literal and figurative revolutions. We need a secure, safe solution to protect our interests and our intent, not the interest of others. Fundamentally, that is the great promise of blockchain technology. Regardless of how that battle plays out, at the end of the day, the tokenization of assets will continue unabated, accelerating into the S-curve of adoption.
Cryptographic blockchain technology is one of the next major financial megatrends. Between the public's lack of faith in the financial status quo and the market's constant drive to reduce capital friction, broad adoption has become essentially a fait accompli. Digital asset adoption will lead the next generation of wealth management and generation. The fundamental utility of blockchain technology is proven and valuable. Indeed, in a mere five to ten years, most assets will be tracked, traced, and traded using some form of cryptographic tokenization technology.
The Calm of Certainty
As the inevitable transition to broad asset tokenization proceeds and the risks threatening individual asset holderscontinue to grow, the need for protecting one's assets will become progressively greater over time. Luckily, Serenity Shield will be there to help safeguard your digital assets. At the heart of Serenity Shield is our StrongBox™, which offers a unique, comprehensive solution for digital security and succession. It provides the safety and security we all require, regardless of its native digital ecosystem.
Additionally, one of the most important goals for the Serenity Shield project is to achieve a completely chain-agnostic model. Implementing chain agnosticism will allow Serenity Shield to deliver maximum cryptographic security compatibility. The importance of such capability cannot be overstated, particularly in light of the recent LUNA Crash and the repeated outages of the Solana network. Once fully implemented, the potential for blockchain outages or crashes should not compromise the protection Serenity Shield will provide, nor will they prevent access to one's critical digital data. Even amidst the storm, you will find Serenity.
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Blockchain Technology Bockchain Crypto News Data Privacy Digital Assets Digital Rights Financial Planning Inheritance Recession Secret Network Security self-custody Technology wallets Web3
Serenity Shield's blog features the latest news, updates and announcements across the project, blockchain and crypto.
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