From
a ROTTEN dishonest world of finance,
to
the HONEST and possibly much better world of «digital
crypto currencies!»
(Article
1)
A
real REVOLUTION is happening right in front of you now!
Many
if not most of us have heard or read about this before: About what
is called «fiat currencies» and a «rotten,
dishonest banking system». And about the evil of the
central banks in the world, starting with the US Federal
Reserve. And as most of us may have heard or read about these
descriptions regarding the system of our money, most of us do not
have much understanding of what in the world this is all about.
How
many of you, as just one example, know what the term «fractional
banking» means and how downright rotten and even bordering on
criminal this is? I have written about this previously on this blog
and would like to refer you to the VIDEO of Peter Daniels, the
billionaire Christian businessman from Australia where he rather
bluntly talks about this. You will find this video under the link
«Your Money» here on my blog. (There is another very
interesting video about the subect of «money»
there too.)
Today,
however, I am going to write about a subject which has been one of my
favorite subjects to study and learn about for the past 18 months at
least: The subject of «digital crypto currencies», where
BitCoin is the most known «brand» in this fascinating and most
exciting field. And before starting out I need to point out that I
am going to talk about both «digital crypto currencies» as
well as just «digital currencies». What is the difference you
may
ask? And my answer would be:
Digital
CRYPTO currencies, like BitCoin for instance, (there are
probably more than 500 of such currencies trying to «get started»
as I am writing this) is a totally «decentralized» type of
currency. This means that there is basically no government, no
company or group of people behind such currencies. With other words,
- there is no central bank involved here in issuing the currency! One
of several advantages with this as I see it is that in such a
situation NOBODY will be able to control or manipulate
the currency!
This
is EXACTLY one of the problems with the central banks of the world
today. Starting with the fact that there is NO GOLD or other real
assets backing the currency, the governments and central banks of the
world has been able to print more and more of their different
currencies. Something they have deemed necessary in order to pay
for wars and to pay their ever increasing debts!
A totally crazy and un-sustainable system
which now is about to collapse large parts of the world financial
system. Just as I started to write this first article in a
series of articles on this subject, I received an email from one of
my «informers» stating that in Japan the government is now (for
2015) preparing to use as much as a whopping 43% of its total tax
revenues ONLY to pay the interest on the debt of the nation of
Japan!!
One
does not need to be a world-class economist to understand that this
is a situation which simply is NOT SUSTAINABLE!
And
since
Japan is the THIRD
largest economy in the world,
- and also is the
most woefully indebted, it’s really the one to watch for
the entire world. In addition we have the situations in the US and
here in Europe to watch. Considering all this, there can not be any
doubt: The entire world desperately
needs a new financial system!
The
situation is so seriously bad that nothing short of a REVOLUTION is
needed to fix it! Which
brings me right back to the reason for this FIRST
article in a small
series of articles I am now going to write here on my personal blog.
I
will use JAPAN as our prime example.
The
country of JAPAN is of course not the only country in the world in
serious trouble financially. So serious it will affect us all soon.
But since Japan is the
third biggest
economy in the world,
it also
represents a very good
example of how
serious the
gobal
situation is today.
Many
other
countries bigger
and smaller
are in a similar
situation as Japan
finds
itself
in right
now. Countries like
Greece,
USA, Italy
and several
others
are in similar
or perhaps
even worst
situations! And
they are all more or less doing the same in their desperate attempts
to salvage a very bad situation and trying
to keep
it turning
into a real
catastrophe for its citizens.
They
are printing more money and keeps on pumping this new money into
their economies.
They have borrowed much more than what they in many
cases will ever be able to pay back. Think about it: The currency,
the money of a country is like shares you own in that country if the
country was a company. But if the company you own the shares in has
to spend a whopping 43% of its net spendabel income just to pay off
the interest on its loans, - the shares you own in that company would
very quickly be worthless!
Well,
this is the
actual situation for hundreds of millions of people in
many countries across the world today.
More
and more people has started to realize this over the past 10 – 15
years in particular. And some of those, (it started with the creator
of BitCoin
5 or 6 years ago) understood that
the
people of the
world need a different and better money and financial system!
And
as a result over the past 5 years many different «digital
crypto currencies»
has been developed.
Described by some as
the
«perfect
new system of
money!» It
is however
important to understand that
there
are TWO different
types of
«digital
currencies» being
introduced to the
global
market
place
now:
FIRST:
«Digital
Crypto
Currencies»:
The
most famous one in this
group is of
course BitCoin. Owever, there
are many others, in
fact several undred
other «crypto
currencies» launched
around the world. And
there are now even some
rumors going
around that the
country of Greece
is considering
launching
their own «digital
crypto currency» in an effort
to start removing
themselves
from the
Euro.
Other
«digital
crypto currencies» gaining
some popularity over
the past year or two
are coins like
Litecoin,
Dogecoin
and Darkcoin, as well as a few others worth noting which I
will come back to in future articles.
All coins in this category are
decentralized crypto coins. This means they
have been created as part of a sophisticated software system on what
is called a block-chain. All of these coins are modelled after
BitCoin with certain individual unique features, and inside its
software only a finite number of coins excist and can be mined out.
(Like in the case of BitCoin from which only a total
maximum of 21 million coins can be mined.)
The fact that all of these coins are
«decentralized» means that there is no company, no government or
central bank and no person or group of persons behind these coins.
Everything is pre-created as a complete non-changeable
software package which nobody can tamper with, control or manipulate.
And this so sophisticated and secure that most experts agree we all
can trust this system 100%.
Although there is no intrinsic value in
or behind any of these coins, - (just as is the case with most
governmnt issued FIAT currencies these days) the value is created
based on the fact that a) It will never be possible to create
or mine more than the pre-determined number of coins, - and b)
The system is so sophisticated and secure that it can be trusted.
If you want to learn much more about
everthing from the first «digital crypto currency» known as BitCoin
to everything else going on now and in the future of «crypto
currencies», I highly recommend you join sort of a «Crypto
Currency Academy» which also provide you with
different income sources, incuding making money from a BitCoin –
Litecon and Dogecoion mining operation owned by the
company behind this. Ask me or the person who sent you to my blog for
more information.
SECONDLY:
«Digital
(non
crypto) Currencies»:
One
very interesting alternative to the decentralizd crypto currencies
are what is only referred to as a pure digital currency. This type
of coin, (which has yet to be as popular as BitCoin for instance, is
centralized. Meaning that a company or group may have created it.
One
particular such coin was created in 2013 and started to become popular
in Asia during
2014. I am now starting to describe the UTOKEN
coin which has the
following really unique features:
- It is created as part of a much larger, soon to be global e-commerce concept incorporating online shopping malls, - physical shopping centers, - online TV and media company, - entertainment, - and much much more.
- The company responsible for creating it is also involved in real-estate development, marble mining, - and a global mutual fund.
- The UTOKEN currency is always backed by a 22% reserve as per the guidelines of the International Bank of Settlemens in Bern, Switzerland.
- A group of TWO banks and a solid insurance company is the custodian of what is called the Utoken Reserve Limited making sure the 22% reserve is maintained and well protected at all times.
As
much as I love the «Digital CRYPTO Currency» concept, - I also
believe that there is a huge place in the financial future of our
world for UTOKEN! And of course, - there
is an exciting business and income opportunity associated with this
as well.
The
company
behind this is known as the UFUN Group and if you want more
information, ask me or the person who referred you to my blog. You
may also want to take a look at the UFUN Group corporat website here:
And
please make sure you subscribe to my blog news so you do not miss the
the next and following articles about the future REVOLUTION in the
financial world of «digital (crypto) currencies».
I
you want to learn more about UTOKEN and the exciting income and
business opportunity associated with this, ask me or the person who
referred you to my blog and this article for more inormation.
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