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


Banking as we know it, has existed since the first currencies were minted – perhaps even before, in one form or another. From taxation grew the currency, in particular coins. In the early days of ancient empires, the annual taxation of one pig may have been reasonable, but as empires expanded this type of payment became less desirable.

However, after the Covid situation, we not only seemed to move to a “non-cash” society (as one would like to deal with potentially “dirty money” in a store), but with a “contactless” level of credit card transactions have now risen to £ 45, and now even small transactions accepted, such as a daily newspaper or a bottle of milk, are paid for by card.

Did you know that more than 5,000 cryptocurrencies are already in use, and of which bitcoin ranks high on this list? In particular, bitcoin has had a very volatile trading history since its first creation in 2009. This digital cryptocurrency has undergone many actions in its rather short life. Initially, bitcoins were traded for almost nothing. The first real price increase occurred in July 2010, when the value of bitcoin rose from $ 0.0008 to $ 10,000 and more than one coin. Since then, the currency has experienced several major rallies and collapses. However, with the introduction of so-called “stable” coins – those supported by the US dollar or even gold, this volatility of cryptocurrency can now be taken under control.

But before we explore this new form of cryptographic 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 or so.

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 the help of bank debit cards, along with ATMs, obtaining FIAT assets became much faster, and for commercial transactions online.

The problem that has always been present in banks is that most of us need at least 2 personal bank accounts (checking account and savings account) and one for each business we owned. Also, trying to “quickly” transfer money from your bank account to say you went abroad was something like SWIFT!

Another issue was cost. Not only did we have to pay a regular fee for servicing each bank account, but also a huge fee for each transaction, and of course, in very rare cases we did not receive any valuable interest for the money in our current account. Account.

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

So, summing up, banks not only charge a lot for storing and moving our assets using smart trading methods, they also make a significant profit from trading our money in the Overnight chain, for which we see no benefit.

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

What about the fact that the Bank of Scotland, which was the national bank of Scotland and now owned by the Lloyds Banking Group, was recently mentioned in a September press release which stated: “Lloyds Bank asset fraud is the most serious financial scandal of today. “

Why not google this website and then make your own choice?

So, now let’s see how the cryptographic e-commerce system should work, and how the benefits that banks have enjoyed for OUR money can be the main source of income for Asset Holders – the US!

On the 10thth In October 2020, a new large e-commerce campaign based on cryptography – FREEBAY.

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

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

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

But there is another big advantage in trading V999 tokens. As you were Common the token owner, so like banks, every time a V999 token is traded (i.e. sold), for example, 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 trade takes place and the V999 token is sold, in exchange for, say, Bitcoin or any other cryptocurrency, a small% of that transaction fee is paid Common owner this token (i.e. YOU). Because the goal of Freebay is to make the V999 token one of the most sought after secure Crypto coins, even after your token has been sold to another trader because you are still Total token owner V999every time this token is traded by any other trader, it is you – the general owner of this token, who receives a trade commission.

It could not only create great Passive income for you, for life, but succumb to your descendants – and nowhere involved a regular bank.

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

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