GLOBAL RESET CURRENCY, VENEZUELA, CRYPTOCURRENCY AND THE NEW GOLD FEVER

We are currently experiencing a global monetary reset, which means that in a few years the ordinary life will not be the same in terms of money, economy and commerce.

Nowadays the dollar is the hegemonic currency of the world economy, and that the press of this is not in the hands of the government but of a private entity controlled by the banks in other words The FED (Federal Reserve).
That’s why, nowadays E.E.U.U is one of the countries with the largest foreign debt in the world, debt that is increasing continuously.

We also know that the dollar is used like the "exclusive" currency of international trade as well as in the worldwide oil trading. This agreement has lasted for several decades with the members of the OPEC (Organization of the Petroleum Exporting Countries). What would it happen if those countries no longer used the dollar as an international exchange currency losting its hegemony? The dollar would rapidly depreciate, the world economy would collapse, countries that use the dollar as a safe haven would lose their reserves and the E.E.U.U. would lose their major export product (the dollar) which will finish with a worldwide crisis.

Although this seems a doomsday scenario, it is not far from reality. In 2000 Sadam Husain announced the sale of oil in euros and eight years later Mu'ammar Gheddafi went further and proposed to the North African countries the creation of a single currency supported in gold with which to trade internationally raw materials and oil, the "Golden money". This proposal was received with great enthusiasm by the African nations and it brought 140 tons of gold and 140 tons of silver to Benghazi.

However, we all remember what happened with Husain and Gheddafi and the re-establishment of "democracy" in these countries as well as the military intervention in Libya, when a deputy proclaims himself president interino and a few days later the EU, OTAM and the UN recognize him as a legitimate government (Do you remind of Venezuela, right?). It is clear that the dollar’s hegemony has been maintained for many years by demonstrating that if the printing of the dollar is in the hands of a private entity which changes interest rates when it feels like it, then, economic, political and military power is in his hands.

The global monetary reset is nothing more than the replacement of the American dollar as an exchange currency and an international sale for another currency. Donald Trump wants to remove the power of printing from the federal reserve and create a new currency supported in gold. Many times, the president of E.E.U.U. made statements like that; "The Fed is crazy", "my biggest threat is the FED", "the FED is dangerous for economic growth". But, removing this power is not easy at all, presidents like Lincoln or Kennedy have already tried it. One of the hypotheses is that Trump will use the wall with Mexico as an excuse for the closure of the government by invoking the state of emergency, with this the martial law and also removing the Fed’s.

With a new currency the whole economic system would change. Even if all this seems a conspiracy theory, we must take into account how everything is being aligned for this event. Countries considered like emerging economies, BRICS (Brasil, Rusia, India, China, South Africa), which together add up 44% of the world population and 25% of world GDP, are leaving the international transaction system dollar SWIFT for its digital payment system QUANTUM (QFS). It is not even a coincidence that in 2018 most central banks have replaced their dollar reserves to use gold as a safe haven, others like Angle or Nigeria adopt Chinese YUAN as an international trading currency, and even Germany think of using the Yuan as a currency of refuge.

The new gold fever is in full swing, for example countries like Poland or Hungary have increased their reserves by 14 and 30 tons only in 2018, while Russia has increased its reserves by 160 tons and Turkey more than 120 tons. In 2018 gold demand increased by 78%. In fact, countries like Holland, Germany or Turkey among others have withdrawn their gold from the deposits in the E.E.U.U. The Turkish President Erdogan said: "we are preparing to move to payments in national currencies ... if Europe wants to free from the dominance of the dollar, Ankara will do it too".

Always speaking of gold, it is curious how in March 2018 the Gold Reserve certified in Venezuela the fourth largest gold mine in the world and as in December of the same year Venezuela began the certification of 32 new fields that lead it to be the second country with the largest gold reserve in the world. Curious as a wealth has a humanitarian crisis and an inflation that exceeds 1,000,000% and it is even more curious how, after these latest data, the international community finally led by E.E.U.U. decided to take a clear stand against a regime that has its people on their knees.

The global monetary reset passes from cryptocurrencies. If you are reading this on steemit I assume you already know what cryptocurrencies are and how the blockchain works, so we will rely on fundamental aspects. The fourth industrial revolution is on the march with artificial intelligence, cryptocurrencies and the blockchain amongst others.

Cryptocurrencies are the evolution of money; independent, decentralized and with a person-to-person protocol that removes intermediaries from transactions. The adoption of cryptocurrencies and the blockchain is advancing rapidly and constantly, with companies such as Microsoft and Starbucks ready to enter in this world, Amazon buying web domains related to cryptocurrencies, Samsung integrating in the devices the possibility of keeping private keys, governments like Switzerland , Malta or Estonia by implementing the blockchain in their own bureaucracy, Israel announcing the creation of a national cryptocurrency and also some EEUU states are incorporating this technology for the payment of taxes. If we add to this the fact that Mark Sukermberg is thinking about the creation of a cryptocurrency and the purchase of one of the major Exchange, we are well aware that in few years it will massively adopted.

One of the names of bitcoin is "digital gold" we have already seen how central banks are taking refuge in gold to face an imminent crisis, we consider how Venezuelans and Argentines have taken refuge in cryptocurrencies as shelter assets to protect themselves from hyperinflation. The decentralization of cryptocurrencies have given the possibility to independent the savings of ordinary people from the government, by creating an economy parallel to the conventional one.

Despite the cryptocurrency market is highly volatile, high risk and unregulated,increasingly people are attracted to this system. It is true that the cryptomones lost value by about 80% in 2018, but we must consider that was a chaotic year for all markets, for example Apple, Google, Deutsche Bank. which lost 40%, 35% and 68% respectively in 2018.

We could still talk about many things like the laws N.E.S.A.R.A., G.E.S.A.R.A. the role of the International Monetary Fund and the strange case of Dominique Strauss Kahn, the largest gold reserves in the world, the redemption of Zimbabwean vouchers, the "democratic" campaigns in Iraq and Libya and what happened to all that gold and silver in Benghazi. But this is another story too.

Whether you take this as a conspiracy hypothesis or as a complete utopian scenario, always look for the truth, information is available to everyone, it's just a matter of reading between the lines and drawing your own conclusions. Always seek the truth, because only the truth will set us free. See you soon.

Alex E. Noboa.