Behind the smoke and mirrors of highly manipulative price growth
If there's anything I insist you do take home from this writing is that not everything is as it seems. Behind the smoke and mirrors of highly-manipulative price growth across a network of coins both with and without utility, lies a much more chaotic and unsettling operation of the entire system that doesn't yet have the solid infrastructure required to function in a stabilised manner.
Whether we like it or not, governments are going nowhere. To think holding BTC is some form of 'revolutionary take on the system is rather foolish. If anything, holding BTC is pushing you one step closer to the system, as they are the ones in complete control. As you've seen from the deeply-rooted connections amongst some of the largest role-players in this market, it is the same government-affiliated entities in charge of the existing financial system that are significantly in control and steering the narrative forward on what they intend to do with full possession of this new digital market.
The world is going cashless, very soon CBDC's (Central Bank Digital Currencies) will pioneer the world of financial transactions. Cash will become obsolete, you can start preparing your farewell notice to the cash in your wallet from now. It will not disappear entirely however, CBC's are set to become the replacement of the traditional fiat system. It works in the exact same manner as traditional cash, just a digital representation, issued and 'printed' by yours truly, the central banks. The prospects behind this is what you know today as your Cryptocurrency wallets and wallet addresses. Our mechanisms of wallet addresses in the present day, in respect to usability, are rather technical and far too complicated for the average person to use.
Let's face it, most people are too lazy to actually make an effort, there's a reason everything in life has revolved to deliver anything and everything at the click of a finger, almost instantaneously. CDC's create the possibility to evolve our current prehistoric payment system in shifting from traditional bank accounts to blockchain-based CBDC accounts or wallets. The wallet addresses will essentially become our bank accounts, but I believe by the time CDC's are full-scale adopted, the front-end of customer platforms will automated the process of copy and pasting the wallet addresses with a simplistic user-friendly UI, so the average consumer doesn't have to process much more than tapping their mobile screens or mouse. This also creates a direct solution to the expensive consequences of fractional reserve banking, the labours of printing and minting costs the Federal Reserve alone around $1,000,000,000 a year.
This would also create a direct connection to the Central Banks, your 'money' comes directly from the source, transmitted across the blockchain, completely traceable.
Which if you haven't already managed to grasp, is exactly what the plan was all along.
As COVID unleashed its wrath on the world, it propelled the agenda for a transition into a cashless, instantaneous and new digitalised way of life. Whilst we will not discuss COVID here, it is clear the world has elevated in terms of technology drastically
Whether we like it or not, governments are going nowhere. To think holding BTC is some form of 'revolutionary take on the system is rather foolish. If anything, holding BTC is pushing you one step closer to the system, as they are the ones in complete control. As you've seen from the deeply-rooted connections amongst some of the largest role-players in this market, it is the same government-affiliated entities in charge of the existing financial system that are significantly in control and steering the narrative forward on what they intend to do with full possession of this new digital market.
The world is going cashless, very soon CBDC's (Central Bank Digital Currencies) will pioneer the world of financial transactions. Cash will become obsolete, you can start preparing your farewell notice to the cash in your wallet from now. It will not disappear entirely however, CBC's are set to become the replacement of the traditional fiat system. It works in the exact same manner as traditional cash, just a digital representation, issued and 'printed' by yours truly, the central banks. The prospects behind this is what you know today as your Cryptocurrency wallets and wallet addresses. Our mechanisms of wallet addresses in the present day, in respect to usability, are rather technical and far too complicated for the average person to use.
Let's face it, most people are too lazy to actually make an effort, there's a reason everything in life has revolved to deliver anything and everything at the click of a finger, almost instantaneously. CDC's create the possibility to evolve our current prehistoric payment system in shifting from traditional bank accounts to blockchain-based CBDC accounts or wallets. The wallet addresses will essentially become our bank accounts, but I believe by the time CDC's are full-scale adopted, the front-end of customer platforms will automated the process of copy and pasting the wallet addresses with a simplistic user-friendly UI, so the average consumer doesn't have to process much more than tapping their mobile screens or mouse. This also creates a direct solution to the expensive consequences of fractional reserve banking, the labours of printing and minting costs the Federal Reserve alone around $1,000,000,000 a year.
This would also create a direct connection to the Central Banks, your 'money' comes directly from the source, transmitted across the blockchain, completely traceable.
Which if you haven't already managed to grasp, is exactly what the plan was all along.
As COVID unleashed its wrath on the world, it propelled the agenda for a transition into a cashless, instantaneous and new digitalised way of life. Whilst we will not discuss COVID here, it is clear the world has elevated in terms of technology drastically
Penafian
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