Will crypto-based e-commerce destroy the dinosaur-style banking industry?

Banking, we know it, Has been around since the first coin was made সম্ভবত probably even earlier, in one form or another. Currencies, especially coins, have risen out of the tax. In the early days of the ancient empire, it was reasonable to impose an annual tax on a pig, but such payments became less desirable as the empire expanded.

However, since the Covid situation, we don’t just seem to be moving into a “cashless” society (such as a store that wants to handle potential “dirty money”) and “contactless” credit card transactions have now risen to £ 45, and now even Accepted small transactions, such as a daily newspaper, or a bottle of milk, are paid by card.

Did you know that there are already over 5,000 cryptocurrencies in use, including Bitcoin? Bitcoin, in particular, has a very volatile trading history since it was first created in 2009. This digital cryptocurrency has done a lot in its fairly short life Bitcoin initially traded nothing. The first actual price increase occurred in July 2010 when the valuation of a bitcoin ranged from about 000 0.0008 to $ 10,000 or more, for a single currency. This coin has seen some big rallies and crashes since then. However, the so-called “static” coins – which are supported by the US dollar or even gold, can now be controlled by the volatility of these cryptocurrencies.

But before we explore this new form of crypto-based e-commerce, as a way to control and use our assets, including our “FIAT” currencies, let’s first look at how banks have changed over the last 50 years or so.

Who remembers the good old check book? Before the advent of bank debit cards, in 1987, checks were the main means of transferring assets with others in commercial transactions. Then with a bank debit card, with an ATM, seizing one’s FIAT assets became much faster and for online commercial transactions.

The problem that has always existed with banks is that most of us have at least 2 personal bank accounts (one current account and one savings account) and one requirement for every business we own. Also, trying to move money “quickly” from your bank account to a destination abroad was something like SWIFT!

Another problem was cost. Not only did we have to pay a regular service charge on each of our bank accounts, we had a hefty fee for each transaction and of course, in very rare cases we did not receive any reasonable interest on the money in our current account. Account.

After all, Overnight Trading, every night, with expert financial traders (or, later using artificial intelligence (AI) trading systems), all of our assets will be traded, and with the economy of scale, River bank Has become a major earner of our wealth – but not ours! Keep an eye out for potential trades made from “Overnight Trading”.

So, in short, using clever trading techniques, banks not only charge a hefty fee for saving and transferring our assets, they also make huge profits by trading our money on the circuit overnight, for which we see no profit. .

The other thing is – do you trust your bank with all your assets?

How the Bank of Scotland, formerly the Scotland National Bank, now owes Lloyds Banking Group, has recently been labeled, according to a September press release. “Lloyds Bank Asset Fraud – The Most Serious Financial Scandal of Modern Times. “

Why not google that web site, and then make up your own mind?

So, let’s take a look at how a crypto-based e-commerce system should operate, and how the benefits that banks enjoyed with our money could become a major source of profit for wealth holders – the US!

On the 10thM October 2020, a major new crypto-based e-commerce company launches – Freebe.

In short, FreeBay, a company based in Switzerland, incorporates its own blockchain technology, its own SAFE Crypto Coin (based on V999 technology), and enables its members to transfer their FIAT assets to Gold Bullion, eliminating the need for any bank to be involved. By .

V999: digital gold powered by blockchain; A digital token, a digital asset supported by Physical Gold V999 Gold (V999). Each token is stored in a vault, supported by one-tenth of a fine gram gold bar. If you own a V999, you own the underlying physical gold in custody. On top of that, FreeBay members can purchase packages that include powerful automated intelligence-based trading robots.

So now, not only can you gain complete independence from a standard bank, but you can trade on your digital gold resource, V999 crypto token form overnight system, like a bank. Only now you, the holder of assets, will get the reward, not the banks

But there is another great advantage to trading V999 tokens. As you will Generic Owners of tokens, therefore, like banks, whenever a V999 token is traded (e.g. sold), suppose a transaction fee is charged for the purchase of Bitcoin or any other cryptocurrency. Each time a transaction is made, the generic owner of the V999 token receives a small percentage of that fee.

Note that once a trade is made, and a V999 token is sold for Bitcoin or any other cryptocurrency, a small% of that transaction fee is paid to the age. General owner Of that token (i.e. you). Because Freebay aims to make the V999 token one of the most sought-after secure crypto coins, even after your token has been sold to another trader, since you are still Generic owner of V999 tokenWhenever that token is traded by another merchant, It’s you – the generic owner of the token that pays the trading commission.

This just can’t make a great one Passive income Willing for you, for life, but for your descendants – and no conventional bank is involved anywhere.

So, the more V999 tokens you buy and circulate, the bigger and better your remaining income – not just for your lifetime, but probably for your dependents – can become a reality.

Interested enough to know more? Then click here.



Source by Geoff Morris