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

Banking, as we know it, has been around since the first currency was created, perhaps even earlier, in one way or another. Currency, especially coins, created taxes. In the early days of the ancient empires, the annual taxes of a pig might have made sense, but as the empires expanded, this type of payment was no longer desirable.

However, since Covid’s situation, we don’t seem to have moved to a “cashless” society (potentially managing “dirty money” in a store), and “contactless” credit card transaction levels have risen to £ . 45, and even small transactions now accepted, such as a newspaper or a bottle of milk, are paid for with the card.

Did you know that more than 5,000 cryptocurrencies are already in use and that Bitcoin is very much on that list? Bitcoin, in particular, has had a very volatile trading history since its inception in 2009. This digital cryptocurrency has had many actions in its short life. Bitcoin was initially traded for very little. The first real price hike occurred in July 2010 when the valuation of a Bitcoin went from about $ 0.0008 to a region of $ 10,000 or more, for a single coin. This currency has had major rallies and crashes since then. However, by including so-called “Stable” coins – US dollars, or even Gold, backed, this volatility of cryptocurrency can be brought under control.

But before we look at 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 the Bank itself has changed over the last 50 years or so.

Who remembers the good old Check Book? Before the advent of Bank Debit Cards in 1987, checks were the main means of transferring assets to others in commercial transactions. Later, with Bank Debit Cards, along with ATMs, the acquisition of FIAT assets became much faster and for online commercial transactions.

The problem with banks has always been that most of us needed at least 2 personal bank accounts (one checking account and one savings account), and we owned one for each business. Also, trying to move money from your bank account “fast” to say a destination abroad was like SWIFT!

The other account was cost. Not only did we have to pay a regular service fee for each bank account, we also had a large fee to pay for all transactions, and of course we rarely got the interest we deserved in exchange for our current money. Account.

On top of all that, Night Trading, every night, using expert financial traders (or, more recently, Artificial Intelligence (AI) Trading Systems), all OUR assets would be traded and with economies of scale, Banks it became an important gain in our goods, but not us! Take a look at the potential business to be done from “TODAY’S BUSINESS”.

So in short, banks charge a large fee for saving and moving our assets, using smart trading techniques, they also make big profits by trading our money on the Overnight circuit, and we don’t see any benefit in doing so. .

The other question is: do you trust your bank with all your assets?

What the Scotland Bank of Scotland recently owed Lloyds Banking Group, now indebted to Lloyds Banking Group, said in a September press release. “Lloyds Bank Asset Frauds – The most serious financial scandal in modern times. “

Why not google that website and then create your own opinion?

So let’s now see how the Crypto-based e-commerce system should work, and how the benefits that Banks enjoyed with OUR money can become an important profit site for asset owners – the USA!

10thth In October 2020, a major new e-commerce company based on Crypto is launched – FREEBAY.

In short, FreeBay, located in Switzerland, is a company with its own Blockchain technology, its SAFE Crypto Coin (based on V999 technology) and allows its members to transfer their FIAT assets to Gold Bullion, eliminating the need to involve any BANKS. .

V999: digital gold that empowers the blockchain; a digital token, protected by physical gold V999 Gold (V999) is a digital asset. Each token is protected by one-tenth of a bar of fine gold, stored in vaults. If you own V999, you own the physical gold underneath, which is in custody. In addition, FreeBay members can purchase packages with powerful Automatic Intelligence Trading Robots.

So now, not only can you achieve complete independence from a standard BANK, like Banks, you can also trade your Digital Gold assets, in the form of V999 Crypto tokens, on OVERNIGHT systems, now you, the asset owner, will receive the rewards, not the Bank.

But there is also another big advantage to trading V999 Tokens. As you would be Generic the owner of the token, therefore, like the Banks, is charged a Transaction Fee each time a V999 token is sold (i.e. sold), such as Bitcoin or any other Crypto currency. Each time a transaction is made, the generic owner of the V999 token gets a small percentage of that fee.

Please note that once a Trade is made and a V999 Token is sold, for example, in exchange for Bitcoin or any other Crypto currency, a small% of that Transaction Fee is paid. GENERIC OWNER of that token (i.e., YOU). The goal of Freebay is to make the V999 Token Crypto one of the most secure coins, even after selling your Tokena to another retailer, since you’re still one. V999 General Owner of the TokenWhenever this token is traded by any other Merchant, you are – the general owner of that token paid by the Trade Commission.

This shouldn’t just create a big one Passive Income for you, for life, but the desire is for your descendants – and not a regular bank involved anywhere.

So the more V999 Tokens you buy and put into circulation, the bigger and better you will be with your Residual Income – not only for your entire life, but probably for your dependents as well – it can become a reality.

Are you interested enough to know more? Then click here.