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

Banking as we know it has been around since the first currency was minted – maybe even before that, in some form. Currency, especially coins, arose from taxation. In the early days of the Old Kingdom, an annual tax on a single pig might have made sense, but as the empire expanded this type of payment became less desirable.

Since the Covid situation, however, we have not only ostensibly moved to a “cashless” society (like those who want to deal with potentially “dirty money” in stores), and with “contactless” credit cards, transaction rates have now risen to £ 45, and small, accepted transactions such as the daily newspaper or a bottle of milk are now also paid for by card.

Did you know that there are more than 5,000 cryptocurrencies in use and that Bitcoin features are at the top of the list? Bitcoin in particular has had a very volatile trading history since its introduction in 2009. This digital cryptocurrency has seen a lot in its relatively short lifespan. Bitcoin was originally traded for free. The first real price spike came in July 2010 when the valuation of Bitcoin rose from around $ 0.0008 to around $ 10,000 or more for a single coin. Since then, the currency has seen several major rallies and declines. With the introduction of the so-called “stable” coins – supported by US dollars or even gold – the volatility of these cryptocurrencies can now be controlled.

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

The problem with banks is that most of us need at least 2 personal bank accounts (checking and savings accounts) and one for every business we own. Also, try “fast” transferring money from your bank account for overseas destinations, just like SWIFT!

Additionally, all of OUR assets are traded every night with the help of skilled financial traders (or newer Artificial Intelligence (AI) trading systems), and with economies of scale banks are the main breadwinners of our assets – but not us. OVERNIGHT Trading “can be created.

In summary, banks not only charge high fees for the safekeeping and transportation of our assets using intelligent trading techniques, but also make high profits from trading our money via the overnight cycle, from which we see no benefit. .

Another point is – do you entrust all of your assets to your bank?

What about what the Bank of Scotland, THE Scotland National Bank, now owed to Lloyds Banking Group, was recently called in a September press release entitled “Lloyds Bank Asset Fraud – The Most Serious Financial Scandal of Modern Times”.

Why not google the website and then see for yourself?

A new crypto-based e-commerce company was launched on October 10, 2020 – FREEBAY.

V999: digital gold with blockchain technology; digital tokens backed by physical gold V999 Gold (V999) is a digital asset. Each token is backed by a tenth of a gram of fine gold bullion, which is kept in a safe. When you have V999, you have the underlying physical gold that is on hold. In addition, FreeBay members can purchase packages that include a powerful trading robot based on automated intelligence.

So now you can not only achieve complete independence from the standard BANK, but also, like the bank, trade your digital gold asset in the form of V999 crypto tokens on the OVERNIGHT system, only now you, the asset holder, receive the reward, not the bank.

But there are other great advantages to trading V999 tokens. Since you are the owner of the generic token, like the bank, every time a V999 token is traded (i.e., with every transaction, the common owner of the V999 token receives a small percentage of that fee.

Note that a small portion of the transaction fee is paid to the GENERAL OWNER of the token (i.e. YOU) once a trade takes place and the V999 token is sold in exchange for Bitcoin or some other crypto coin. Because Freebay’s goal is to make the V999 token one of the most sought-after secure crypto coins, even after your token has been sold to other traders, as you are still the owner of the V999 generic token when the token is released is traded by someone. Another dealer, you – the owner zer of this generic token that receives a trading commission.

Interested enough to know le more? Then click here.

Okay, if you want to join a new crypto e-commerce environment, use strong blockchain security, move your assets from FIAT currency to digital gold with the brand new supported Crypto Coin V999 gold token, just for yours Protect and expand assets, then you’ve won. Add to this the fact that you skip the intermediaries (banks) – and their fees, and trade your own assets overnight with a robot so that the profits are yours. Then when you trade your V999 tokens you will earn a fraction of every trade transaction fee. But if your buyers then generally trade your V999 tokens, you will receive a commission on top of that too. All of this generates sustainable residual income. But what if you get the message across and they join your team, you win again – and again …