Bitcoin’s Wild Ride and the End of Confidence

The dramatic push by Bitcoin up to $11,400 and back to $8,800 in one insane day earlier this week is the shape of things to come. While everyone has their eyes on Bitcoin though, quietly, the Dow Jones Industrials have gone vertical as well. And no one seems to understand why, and what intimately connectes them.
The connection becomes clear when reading a report from The Hill that the Federal Reserve itself is considering building a digital asset like Bitcoin. Of course they are considering it.