In the article from Sep 28, 2016, I talked about the fact that over the next 5 years there will be a financial crisis, but how events will unfold for the existing global financial system is difficult to say but we will try to analyze and draw conclusions.
We see that in 2013 a new financial bubble in the economy was launched, it is based on completely new instrument and technologies.
This is no longer real estate, not precious metals, not stocks, not oil.
This is a new period in the global economy. The international system is undergoing a paradigm shift in determining the value of money.
A completely new type of financial instrument is developing in the global economy; it is a Cryptocurrency based on Blockchain technology.
This is a currency endowed with value, based only on the number of people who agree to use it as a payment instrument without the participation of intermediaries in the form of banks.
In this financial system, the emission of cryptocurrency does not depend on the activities of the Central Banks, but on the activities of the users themselves.
By connecting your processor to a collaborative network, performing certain calculations for the needs of the system, you are rewarded by receiving cryptocurrencies into your account/wallet.
Imagine that soon a wealth of all nations will be determined not by gold and foreign exchange reserves, not by a wealth of minerals, but by an amount of computing power of computers in a given state and the people involved in the system.
We can see it happening right now.
In the coming years, we will see cryptocurrencies of large companies (Google, Apple etc.). Telegram (TON) is already at the final stage, Facebook (Libra) is in the process of developing its cryptocurrency.
The immediate benefit is clear because all of them immediately have a huge number of users for their cryptocurrencies.
The need for stocks as an instrument of the old financial system will disappear since cryptocurrency is both a means of payment (money) and a means of investment (stock) - Security Tokens.
What is the significance of cryptocurrencies and the system of involving people in the general calculations of the new global network (Blockchain)?
When cryptocurrencies absorb a large part of the money supply in the form of investments, payments, purchases, loans, the need for “fiat” money (dollars, euros, etc.) will disappear. This will entail a collapse of a classical banking system and its replacement to a new one.
This incident will have adverse consequences for all countries. As is usually the case, the value of all instruments, including the cryptocurrencies themselves (for a short time) will collapse. In the future, money and financial instruments based on blockchain technologies will recover so much faster than classic currencies.
It will be possible to wait out this strong crisis and reboot the financial system in gold and especially in silver in the form of ingots, which will grow XX of times for a short time.
This scenario will be implemented until 2025.
Those countries who will understand the prospect of replacing fiat money with cryptocurrency the quickest way will become the new world leaders (e.g. China).
In the meantime, you can simply follow or participate in the creation of a new global financial system.
Today we add to our portolio BTC
Best regards EXCAVO
We see that in 2013 a new financial bubble in the economy was launched, it is based on completely new instrument and technologies.
This is no longer real estate, not precious metals, not stocks, not oil.
This is a new period in the global economy. The international system is undergoing a paradigm shift in determining the value of money.
A completely new type of financial instrument is developing in the global economy; it is a Cryptocurrency based on Blockchain technology.
This is a currency endowed with value, based only on the number of people who agree to use it as a payment instrument without the participation of intermediaries in the form of banks.
In this financial system, the emission of cryptocurrency does not depend on the activities of the Central Banks, but on the activities of the users themselves.
By connecting your processor to a collaborative network, performing certain calculations for the needs of the system, you are rewarded by receiving cryptocurrencies into your account/wallet.
Imagine that soon a wealth of all nations will be determined not by gold and foreign exchange reserves, not by a wealth of minerals, but by an amount of computing power of computers in a given state and the people involved in the system.
We can see it happening right now.
In the coming years, we will see cryptocurrencies of large companies (Google, Apple etc.). Telegram (TON) is already at the final stage, Facebook (Libra) is in the process of developing its cryptocurrency.
The immediate benefit is clear because all of them immediately have a huge number of users for their cryptocurrencies.
The need for stocks as an instrument of the old financial system will disappear since cryptocurrency is both a means of payment (money) and a means of investment (stock) - Security Tokens.
What is the significance of cryptocurrencies and the system of involving people in the general calculations of the new global network (Blockchain)?
When cryptocurrencies absorb a large part of the money supply in the form of investments, payments, purchases, loans, the need for “fiat” money (dollars, euros, etc.) will disappear. This will entail a collapse of a classical banking system and its replacement to a new one.
This incident will have adverse consequences for all countries. As is usually the case, the value of all instruments, including the cryptocurrencies themselves (for a short time) will collapse. In the future, money and financial instruments based on blockchain technologies will recover so much faster than classic currencies.
It will be possible to wait out this strong crisis and reboot the financial system in gold and especially in silver in the form of ingots, which will grow XX of times for a short time.
This scenario will be implemented until 2025.
Those countries who will understand the prospect of replacing fiat money with cryptocurrency the quickest way will become the new world leaders (e.g. China).
In the meantime, you can simply follow or participate in the creation of a new global financial system.
Today we add to our portolio BTC
Best regards EXCAVO
If you want to see my portfolio
1. Register at partner.bybit.com/b/excavo
2. send your UID to t.me/excavo
3. Get a link to the portfolio
t.me/excavonews
t.me/excavochannel
Admin:
t.me/excavo
1. Register at partner.bybit.com/b/excavo
2. send your UID to t.me/excavo
3. Get a link to the portfolio
t.me/excavonews
t.me/excavochannel
Admin:
t.me/excavo
