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


Banking as we know it, has existed since the first currencies were minted – perhaps even before that, in one form or another. Currencies, particularly coins, have risen since taxation. In the early days of ancient empires, the annual taxation of a single pig might have been reasonable, but as empires expanded this type of payment became less desirable.

However, after the situation with Covid, we not only moved to a “non-cash” society (such as someone who wants to handle potentially “dirty money” in a store), but “contactless” credit card transaction levels have now increased to £ 45, and now even small accepted transactions, such as a daily newspaper or a bottle of milk, receive payment by card.

Did you know that more than 5,000 cryptocurrencies are already in use, and among them Bitcoin is very important on this list? In particular, bitcoin has had a very volatile trading history since its first creation in 2009. This digital cryptocurrency has received a lot of action in its rather short life. Initially, bitcoins were traded for almost nothing. The first real price increase occurred in July 2010, when the Bitcoin valuation went from about $ 0.0008 to around 10,000 and more than one coin. Since then, major rallies and failures have taken place in this currency. However, with the introduction of so-called “stable” coins – those backed by the US dollar or even gold, this cryptocurrency volatility can now be brought under control.

But before we consider 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 last 50 years.

Who remembers the good old checkbook? Prior to 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 as well as ATMs, the acquisition of FIAT’s own assets became much faster for online commercial transactions as well.

The problem that banks have always had is that most of us need at least 2 personal bank accounts (current and savings account) and one for each of our own businesses. Also, trying to transfer money from your bank account “quickly” to tell a destination abroad was something like SWIFT!

Another issue was cost. Not only did we have to pay a regular fee for services on each bank account, we also had to pay a hefty fee for each transaction, and of course in very rare cases we would not receive useful interest on the money in our current account.

In addition to everything Overnight By trading every night using expert financial traders (or, finally, artificial intelligence trading systems), all of OUR assets will be traded and economically. banks became the main earner of our assets – but not us! Look at the potential business that can be done with “NIGHT TRADING”.

So, to sum up, banks not only charge huge fees for storing and moving our assets using smart trading methods, they also make huge profits from trading our money on overnight, for which we see no benefit.

Another point – do you trust your bank with all your assets?

How about what was recently noted by the Bank of Scotland, which was the NATIONAL BANK OF SCOTLAND, now borrowed by the Lloyds Banking Group, in a September press release which states ““Lloyd’s Bank fraud is the most serious financial scandal of our time.”

Why not google this website and then decide?

So now let’s look at how a crypto-based e-commerce system should work and how the benefits that banks have enjoyed with OUR money can become a major profit center for asset owners – the US!

10j In October 2020, a major new e-commerce campaign based on Crypto – FREEBAY.

In short, Switzerland-based FreeBay is a company that has incorporated its own Blockchain technology with its own SAFE cryptocurrency (based on V999 technology) and allows its members to transfer their FIAT assets to Gold Bullion, eliminating the need to attract any BANK. .

V999: digital gold backed by blockchain; a digital token backed by physical gold V999 Gold (V999) is a digital asset. Each token is backed by a tenth of a gold gram in a thin gram stored in vaults. If you own a V999, you own the basic physical gold that is in custody. In addition, FreeBay members can purchase packages that include powerful automated intelligence-based trading robots.

So now you can not only achieve complete independence from the standard BANK, but also trade, like banks, with your digital gold assets in the form of V999 Crypto tokens on NIGHT systems, only now do you, the owner of the asset, receive rewards, not banks.

But there is even another big advantage in trading V999 tokens. As you would be Common the owner of the token, so like banks, every time a V999 token is traded (i.e. sold), say, to buy bitcoin or any other cryptocurrency, a transaction fee is charged. Each time a transaction occurs, the total owner of the V999 token receives a small percentage of that fee.

Note that once a transaction is made and a V999 token is sold, in exchange for say Bitcoin or any other Crypto coin, a small% of the age of that transaction fee is paid COMMON OWNER this marker (i.e. YOU). Because the goal of Freebay is to make the Token V999 one of the most sought after secure Crypto coins, even after your Token is sold to another trader because you are still The general owner of the V999 token, every time this Token is traded by any other Trader, it is you – the general owner of this token, who receives money from the trade commission.

It could not only create great Passive income for you, for life, but is strong-willed for your descendants – and not the usual bank that is involved somewhere.

So, the more V999 tokens you buy and put into circulation, the bigger and better your residual income will be – not only for life, but probably for your dependents – can become a reality.

Interested in learning more? Then click here.