The Monetary Cycle and the Rise of Cryptocurrencies
If one day everyone woke up, and the Sun started shining a different colour... a deeper orange colour that cast an orange hue on the earth... and the light from the sun faded, slightly... just enough to make you notice shadows had become darker, and night fell quicker...
What would you think? How would you respond?
What if the world kept on like usual for months... even on to over a year... with only small changes like reduced crops in the higher latitudes, and a cessation of global warming... and everyone just moved on like it was a "New Normal." The scientists all agree that it's the Sun stopping to shine, but is it THAT big of a deal?
What would you think? How would you respond?
I know how I would respond... I'd try to find the person who was building the most advanced rocket ship and who was searching desperately for a new planet to get to. THAT'S WHAT I'D DO. I'd spend every last PENNY and every WAKING MINUTE consumed with preparing for THE END.
I'm here to tell you, THE SUN HAS STOPPED SHINING. And the world is moving along as if nothing has happened...
Here you can see the chart that shows THE SUN STOPPED SHINING in early 2016.
Negative Interest Rates are the orange hue on everything, the deepening shadow that people think is just the new normal. It's not. It's the evidence that we are at the terminal end of the Monetary Cycle.
The Monetary Cycle goes like this...
- Money as Capital (Gold and Silver).
- Money as Hypothecated Capital (Historically Gold and Silver) and Lent Out.
- Money Fractionally backed by Capital (Historically Gold/Silver) and Lent Out.
- Money Fractionally Backed by Nothing and Lent Out (Fiat Money)
- Money as the Debt based on fractionally backed money backed by nothing.
- Derivatives Stabilizing the Debt Money which is based on fractionally backed money backed by nothing... until...
We are in the 5th / 6th Stages... when Debt based on Fiat itself is PREFERRED over Fiat. This is why interest rates are negative... it is the market signal the the preferred currency is no longer even Fiat, when the market is willing to receive LESS FIAT in 10 years in exchange for the Debt Instrument... that means DEBT ITSELF is the preferred money. Derivatives and especially interest rate derivatives on the DEBT itself as the preferred money are there to manipulate things even further to control the system...
Until it burns in a great conflagration.
This is why Cryptocurrencies have the potential and I believe WILL replace / parallel Fiat in a very significant way in the near future. The Monetary Sun of Keynesian Ponzi Fiat is fading. We know it's the end, but they pretend like their game of musical chairs will last forever.
In the words of the movie "Margin Call" - the music has stopped. The market just hasn't figured it out.
You absolutely nailed it! Resteemed... 100% amen
And that's why $66billion for cryptos is laughable... $660billion coming soon and $6trillion inevitable long term. Hold on for the 100bagger~
My top 10:
https://steemit.com/crypto/@cryptosphere/top-10-cryptos-of-the-future-july-15-2017-a-weekly-ranking-of-the-best-place-to-put-your-money-in-the-cryptosphere
At least a small number of us see it. Others can't even see when you point it out.
@cryptonomics
Great effort put up here!
Keep sharing.