HOW CRYTOS WILL TAKE OVER THE WORLD?
It is not that easy to predict any financial future. Lots of people will always get it wrong, but you just have to know the correct information.
What's the correct information?
-Information and history about Federal reserve.
-Information about international financial decisions of other countries and how effects the dollar.
-Information about Gold and Silver markets.
-Information and history about Federal reserve:
Federal reserve is a private bank founded in 1913 which main objective was to steal the power of the creation of money from the government in order to control the country and eventually the world. Whoever creates the money will control our lives.
This has created lots of debt for every human being in the planet and country, which debt cannot longer be paid back anymore. This has created inflation which causes all prices of goods and services to rise up over time making our living for more expensive where you have to work more to keep up with the system due to current wages are not enough to cover everyone's needs.
-Information about international financial decisions of other countries and how effects the dollar:
United States went off of the gold standard on August 15, 1971 when President Nixon announced that the U.S. dollar would not longer be backed up by gold. They created the "Petro Dollar" as a backup replacement which it meant that every country of the world would have to buy petroleum in dollars in order to get it. This created a direct "trust" for every country to go along with it.
What's happening now?
Countries like Iran, Rissia, china and Venezuela (more to come) and getting themselves out of the Petro Dollar system to trade crude oil in a different currency instead of the Dollar. These decisions will weaken the dollar due to "trust" is not longer there whatsoever. The dollar will start to crumble as well as other currencies along the way.
-Information about Gold and Silver markets:
Once you see currencies going down on value, precious metals will start their run to the sky which it was the same thing happening in 2008. I believe this time will be different because there are different bubbles about to pop like Petro Dollar, housing market, commercial market, student loans debt and many will follow.
WHERE DO CRYPTOS COME IN TO PLACE?
Once the system starts to fall part, cash flow will start into a "survival mode". This means it'll go to look for ways to survive into any system out there in order to keep financial movement going. Besides Silver and Gold, these are just ways to back up your money at a longer term. It still does not give you the ability to buy services and goods with them because it only useful to store wealth value.
This is where cryptos will come naturally as better way to move from one system to another. I'm very happy that almost every crytpto coin out there has been designed to decentralize the creation of money and the power will be given back to the people where we can in fact have full control of our monetary system through a real "free market".
There are a lot of things that I can explain in different posts of how every government may be almost eliminated due to guess what? Crytos for the most past CANNOT be taxed :) which means no one will be paying taxes and NO government can operate anymore.
My advice?
Get rid of your dollars or other currencies the best way you can and get used to trading with crytos. If you do that, many others will and we will be creating a huge trust across the globe in every market. You will also be positioning yourself at a long term with massive gains which depending of how much cash you have, you can get very wealthy.
A lot of things can happen along the way, like governments banning cryptos and creating their own to slave us even more; but one thing I see, once we get the taste of having full control of our money, we WILL NEVER go back to old system that made our lives miserable in the first place.
I hope you upvote and comment on this post, I can provide my input the best I can and upvote your comments as well.
Have a great life guys,
True .cryptocurrency offers lots of promise but if a government like the US decides to ban it, it can fail terribly. By outlawing it and making exchanges illegal - Bitcoin can be curtailed. Bitcoin is better off working alongside fiat currency
You really have a great point, but do you think Governments will be participating a lot in the destruction of their own empire by not having full control of the monetary system? I definitely think that's very unlikely. They will try as much as they can to suppress cryptos as much as they can. Even they ban them, the free market will find other ways to survive; for instance, what happened in china by banning exchanges. Who took over? Japan. Same thing will happen and this will just create more hunger to get into cryptos even more for everyone. Bitcoin can go to Zero if they're successful, but there are thousands of other coins ready to replace it. In other words, sound like at the end, their game is almost over. Many things can happen. I may be wrong in a lot of ideas, but this is what the picture looks like for now.
Yes , the Pandora's Box was opened ( Blockchain technology ) Even if Bitcoin is suppressed ,something else will take its place.
I agree. Game if over for them. It's just a matter of time.
Good news...very interesting post.this is my first time here.i found so many interesting stuff in your thread especially its discussion..
Thanks! Yes I try to come out with great points to understand our future by understanding our past and present.
thanks dear
Good
Good work Javy ;) good luck !!!
thank you , same to you!
Thank's Javy! i'm following now!!!
Omg, great post, a lot of work done there, i already watched all of documents 50 minutes + about Federal reserve and i dont belive in $$ no more
It is impressive how long this has been going on over 100 years already. It will come to and end affecting everyone, that's why we need to protect ourselves.
I am most surprised by the fact that federal reserves print money and lend it to a percentage, but since they print a million bucks and demand repayment of debt with interest, it is impossible to give back all that money because they physically do not exist.
very true, it is not sustainable and will die
Great informative post, thanks for sharing. Yes trust is the most important thing in every way of life Wherether it is in business or in any other fields. I like your advice if we all have trust in crpto currency market, then no system of the world can stop us. Thanks for sharing a valuable message to the people. Thanks for the valuable upvote you had casted on my post, have a great time friend happy steeming.
Thanks for your input. Glad lots of people see the great potential that will free the world.
This is really a great post.
I have lived to learn that all great inventions/ideas face the biggest resistance.
Naturally all people do not like change,people want to cling to old beliefs of fiat!
As you rightly explained here Bitcoin or generally will take over the world.
The resistance will be hard,but the greater the resistance,the higher it will boom.
I would love to thank @ned for creating Steemit.
In my country Uganda Bitcoin is associated with fraud/scam(i watched a video on one of our Tv Networks).
I have learned a lot form my short time here on Steemit abt crypto and all the possibilities crypto and blockcahin have.
We just need to keep educating people on the usefulness of crypto.
I am happy this last saturday i bumped on some guys offering free crypto classes in our captital city Kampala!
I will be meeting them this week and explain Steemit and may be i join them in teaching Crypto.
Steemit is the Future folks
good post!upvote and follow!
"WILL NEVER go back to old system" I liked this and agree with you)
True.Good post!upvote and follow!