While we all want to see what Pax Labs has in store for us next, we have no official word from Pax Labs or their representatives so much as alluding to a new Pax in the pipeline.
In fact, the better than 3,300% gain in aggregate market cap last year made the ridiculously strong 20% gains in the S&P 500 look like a flat line in a side-by-side comparison.
It's possible investors will never see an asset class deliver returns like this again over the course of 12 months.
At the heart of the rally in digital currencies is blockchain technology.
For those unfamiliar, blockchain is the digital and decentralized ledger that underlies most virtual currencies and is responsible for recording all transactions.
Mc Carthy failed to garner the 218 required votes to become speaker in 2015, but his particularly close relationship with President Donald Trump is expected to give him a potential upper hand over Scalise in the coming months.
Scalise wouldn’t rule out a potential bid for Ryan’s job but is also adamant he would not run against Mc Carthy, who he considers a “good friend,” he said in March.
Those three versions, starting with the original and working our way up to the newest version, are known as the Pax 1 vaporizer, the Pax 2, and unsurprisingly, the Pax 3.
With that in mind, the question arises: Do we really need another Pax? With the progress we’ve seen in each new release, we can’t wait to see what the next version, if there is one, has to offer.
The focus is not on who the speaker is; the focus is on what we do.