Will Crypto-Based E-Commerce Destroy the Dinosaur-Style Banking Industry?

Banking as we know it, has been around in one form or another since the first currencies were minted, perhaps even before that. Currency, particularly coins, increased from taxation. In the early days of ancient empires, an annual tax of one pig might have been reasonable, but as empires expanded, this type of payment became less desirable.

However, since the Covid situation, it seems that not only have we moved to a ‘cashless’ society (as in who wants to carry potentially ‘dirty money’ in the store), the rate of ‘contactless’ credit card transactions has now increased to £: 45, and now even accepted trivial transactions like 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, and Bitcoin is high on that list? Bitcoin in particular has had a very volatile trading history since it was first created in 2009. This digital cryptocurrency has seen a lot of action in its rather short life. Bitcoins were initially traded for next to nothing. The first real price spike occurred in July 2010, when Bitcoin’s valuation went from around $0.0008 to the region of $10,000 or more per coin. Since then, the currency has seen several major rallies and crashes. However, with the investment of so-called “Stable” coins in USD or even gold, the volatility of this cryptocurrency can now be controlled.

But before we explore this new form of Crypto-based e-commerce as a method of controlling and using our assets, including our “FIAT” currencies, let’s first look at how banks themselves have changed over the past 50 years.

Who remembers the good old checkbook? Before the advent of bank debit cards in 1987, checks were the primary means of transferring assets to others in commercial transactions. Then with bank debit cards, along with ATMs, it became much faster to acquire FIAT assets, as well as for online trading transactions.

The problem that has always been with banks is that most of us need at least 2 personal bank accounts (Checking and Savings) and one for each business we have. Also, moving money “quickly” from your bank account to say an overseas destination was something like SWIFT.

Another problem was the cost. Not only did we have to pay a regular maintenance fee on each bank account, but we had a significant fee to pay for each transaction, and of course, on very rare occasions, we didn’t earn any meaningful interest on our current balance. Account:

In addition to all that, Overnight stay Trade, nightly, using expert financial traders (or, more recently, Artificial Intelligence (AI) trading systems), all OUR assets will be traded, and with economies of scale, the banks became the chief earner of our assets, but not us. Take a look at OVERNIGHT Trading’s potential business.

So to sum it up, not only are the banks charging a hefty fee to store and move our assets using smart trading techniques, they are also making huge profits from trading our money on the Night Chain, which we see no benefit from. .

The other point is that you trust your bank with all your assets.

As for Bank of Scotland, which was the National Bank of Scotland, which is now indebted to Lloyds Banking Group, it was recently mentioned in a September press release that:Lloyds Bank asset fraud, the most serious financial scandal of modern times.’

Why not google that website and then decide for yourself?

So now let’s see how a Crypto based e-trading system should work and how the benefits that the banks have been enjoying with OUR money can become a major profit center for the Asset Owners – US.

at 10th October 2020, A Major New Crypto-Based E-Commerce Company Launches FREEBAY.

Briefly, Switzerland-based FreeBay is a company that incorporates its own Blockchain technology with its own SAFE Crypto Coin (based on V999 technology) and enables its members to transfer their FIAT assets into Gold Bullion, eliminating any BANKING involved. the need. .

V999: Digital Gold Powered by Blockchain; a digital token backed by physical gold V999 Gold (V999) is a digital asset. Each token is backed by one-tenth of a gram of fine gold held in vaults. If you own V999, you own the underlying physical gold that is held in custody. Additionally, FreeBay members can purchase packages that include powerful automated intelligence-based trading robots.

So now you can not only achieve complete independence from a standard BANK, but you can also trade like Banks, your digital gold assets in the form of V999 Crypto tokens, with OVERNIGHT systems. only now you, the owner of the asset, get the rewards, not the Banks.

But there is also another great advantage of trading V999 Tokens. How would you be? General token holder, so like banks, every time a V999 token is traded (i.e. traded) to, say, buy Bitcoin or any other crypto currency, a Transaction Fee is charged. Every time a transaction occurs, the common holder of the V999 token receives a small percentage of that fee.

Note that when a trade takes place and the V999 Token is traded for, say, Bitcoin or any other Crypto Coin, a small percentage of that Transaction Fee is paid to the company. GENERIC OWNER of that sign (ie YOU). Because Freebay’s goal is to make V999 Token one of the most sought-after crypto coins, even after your Token is sold to another seller, because you still Common owner of V999 Tokenwhen that token is sold by another seller, it is you, the common owner of that token, that pays the Trade Commission.

This could not only create a large Passive income for you, for life, but will to your descendants, and not a common bank involved anywhere.

So, the more V999 tokens you buy and put into circulation, the bigger and better your residual income, not only for your lifetime, but possibly for your dependents, can become a reality.

Interested enough to learn more? Then click here.