Will Crypto-Based E-Commerce Destroy the Dinosaur-Style Banking Industry?
Banking, to be sure it, has been available since the first currencies were minted-perhaps and before that, in many form or some other. Currency, for example coins, grew away from taxation. In the early days of ancient empires, annual taxation on a single pig was reasonable, but as empires expanded, this sort of payment became less desirable.
However, considering that the Covid situation, not simply have we perceived to move to a “cashless” society, (as who would like to handle potentially “dirty money” in a very shop), with “contactless” plastic card transaction levels now increased to £45, and after this even tiny transactions accepted, say for example a daily newspaper, or bottle of milk, get money by card.
Did you already know that there are over 5,000 crypto currencies used already in addition to them Bitcoin features highly as list? Bitcoin, specifically, has received a very volatile trading history because it was first created last year. This digital cryptocurrency has seen plenty of action in their fairly short life. Bitcoins initially traded for close to nothing. The first real price increase took place July 2010 in the event the valuation of your Bitcoin went from around $0.0008 to approximately $10,000 or maybe more, for any single coin. This currency has seen some major rallies and crashes since that time. However, together with the introduction with the items are called “Stable” coins – those backed from the US Dollar, as well as Gold, this crypto currency volatility is now able to brought manageable.
But before we explore this new way of Crypto-based E-Commerce, like a method of controlling and utilizing our assets, including our “FIAT” currencies, let’s first look at that this Banks themselves have changed in the last 50 years approximately.
Who remembers the great old Cheque Book? Before Bank Debit Cards arrived, in 1987, cheques were the primary way of transferring assets with other sites, in commercial transactions. Then with Bank Debit Cards, as well as ATM’s, buying one’s FIAT assets became a lot quicker, along with on-line commercial transactions.
The problem which includes always been present with Banks, is many of us needed at the least 2 personal savings accounts (a Current account, along with a Savings account), the other for each business we owned. Also, seeking to move money through your bank account “swiftly” to express a destination overseas, was anything like SWIFT!
The other issue was the price. Not only did we will need to pay a consistent service charge on each Bank Account, we also stood a hefty fee to pay for on every transaction, and, needless to say, in rare occasions we will not get any worthwhile interest, on profit our Current Account.
On the surface of all that, Overnight Trading, each night, using expert financial traders (or, latterly Artificial Intelligence (AI) Trading systems), all of OUR assets could be traded, along with the economies of scale, the Banks became a Major Earner on our assets – however, not us! Have a look at the wide ranging business being made from “OVERNIGHT Trading”.
So, to summarise, not merely do the Banks charge a hefty fee for storing, and moving our assets, from the use of clever Trading techniques, in addition they make hefty profits from trading our funds on the Overnight circuit, that we see no benefit.
The other point is – do you trust your Bank with each of your assets?
How as to what Bank of Scotland, who have been THE Scotland National Bank, now owed by Lloyds Banking Group, are actually recently labled, in a very September website article that stated “Lloyds Bank Asset Frauds – The Most Serious Financial Scandal of Modern Times.”
Why not Google that website, and then suggest your own mind up?
So, now allow us to take a look at what sort of Crypto-based E-Commerce system should operate, and the way the advantages that this Banks enjoyed with OUR money, can be major profit centre with the Asset Holders – US!
On 10th October 2020, an essential new Crypto-based E-Commerce company is being launched – FREEBAY.
Briefly, FreeBay, located in Switzerland, can be a company incorporating a Blockchain technology, with a unique SAFE Crypto Coin ( Based on V999 technology ), and enables its members to transfer their FIAT assets into Gold Bullion, detaching the need to involve any BANK.
V999: digital gold empowered from the blockchain; be sure you token, backed by physical gold V999 Gold (V999) is really a digital asset. Each token is backed by one tenth of the fine gram gold bar, held in vaults. If you have V999, you have the underlying physical gold, stuck custody. On surface of that, FreeBay members can purchase packages that are included with powerful Automatic Intelligence-Based Trading Robots.
So now, you can not merely achieve total independence coming from a standard BANK, however you can also trade, such as the Banks, your digital Gold assets, in the kind of V999 Crypto tokens, within the OVERNIGHT systems, only now you, the asset holder, receive the rewards, not the Banks.
But there may be even yet another excellent advantage in trading V999 Tokens. As you could well be the Generic owner of the token, so, much like the Banks, when a V999 token is traded (i.e. sold), say, to obtain Bitcoin, or other Crypto currency, a Transaction Fee is charged. Every time a transaction happens, the generic owner of the V999 token turns into a small area of that Fee.
Note, that after a Trade develops, plus a V999 Token is sold, so they could earn say Bitcoin, or another Crypto coin, a smaller %age of this Transaction Fee is paid to your GENERIC OWNER of their token (i.e. YOU). Because Freebay’s objective should be to make the V999 Token essentially the most sought-after safe Crypto coins, despite if your Token may be sold to an alternative Trader, when you are still the Generic owner of the V999 Token, whenever that Token is traded by another Trader, it is you – the Generic Owner of these Token that gets their wage the Trading Commission.
This could not simply create a great Passive Income for you personally, forever, but is Willable for a descendants – and never a conventional bank involved anywhere.
So, the harder V999 Tokens you get, and acquire into circulation, the more expensive and better using your Residual Income – for not just all of your life, but probably for the dependants – could come true.
Interested enough for more information? Then just click here.
OK, should you be looking to participate inside new Crypto E-Commerce environment, using powerful Blockchain security, moving your assets from FIAT currencies, into digital gold, together with the all-new V999 Gold-backed Token Crypto Coin, simply to protect, and improve your assets, well then, your already on the winner. Add to that, because you are eliminating the middleman (the Banks) – along with their fees, together with trading your assets overnight, using Robots, to ensure that profit is yours. Then, while you trade your V999 tokens, you get a smaller part of every trading transaction fee. But on surface of that, as soon as your Buyer then trades your Generically owned V999 tokens, you get compensated a commission on that also. All this generating on-going walk away income. But then, suppose you spread your message to others, and in addition they join your team, shipped to you again – and again… (Click here to get a no-obligation connection to my team).