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. Currency, especially coins, grew out of taxation. In the early days of the ancient empires, an annual tax on one pig may have been reasonable, but as empires expanded, this type of payment became less desirable.

However, since the situation with Covid, not only did we seem to have moved into a “cashless” society (as one who wants to handle potentially “dirty money” in commerce), and with a “contactless” level of credit card transactions it has now risen to £ 45, and now even small transactions that are accepted, such as a daily newspaper or a bottle of milk, are paid for by card.

Did you know that over 5,000 cryptocurrencies are already in use and that Bitcoin is high on that list? Bitcoin, in particular, has a very unstable trading history since it was first created in 2009. This digital cryptocurrency has experienced many stocks in its rather short lifetime. Bitcoins were initially traded almost for nothing. The first real price increase occurred in July 2010 when the value of bitcoin went from about $ 0.0008 to about $ 10,000 or more, for one coin. This currency has since experienced some major ups and downs. However, with the introduction of so-called “stable” coins – those that support the US dollar, or even gold, this cryptocurrency volatility can now be brought under control.

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

Who remembers a good old checkbook? Before bank debit cards appeared, in 1987, checks were the main way to transfer funds to others, in commercial transactions. Then, with bank debit cards, along with ATMs, taking over someone’s FIAT assets became much faster, and that’s for online commercial transactions.

A problem that has always been present with banks is that most of us need at least 2 personal bank accounts (current account and savings account), and one for each business we own. Also, trying to “quickly” transfer money from your bank account to say a destination abroad, was something like SWIFT!

The second issue was price. Not only did we have to pay a regular fee for services in each bank account, but we also had a hefty fee for each transaction, and of course, in very rare cases we would not receive any interest payable on the money in our current account. Invoice.

on top of that, Overnight By trading, every night, using professional financial traders (or, later, artificial intelligence (AI) trading systems), all OUR assets would be traded, and with economies of scale, the Banks became the main earner of our property – but not us! Take a look at the potential business that can be done by OVERNIGHT Trading.

So, to summarize, not only do banks charge a large fee for storing and moving our assets, using smart trading techniques, they also make huge profits from trading our money overnight, for which we see no benefit.

The other thing is – do you trust your bank with all your assets?

How about what the Bank of Scotland, which was the National Bank of Scotland and now owned by the Lloyds Banking Group, was recently marked in a September press release stating “Lloyds Bank property fraud – the most serious financial scandal of modern times. “

Why not google that website and then decide for yourself?

So, let’s now 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!

Day 10th In October 2020, a new large crypto-based e-commerce company will be launched – for FREE.

In short, FreeBay, based in Switzerland, is a company that incorporates its own Blockchain technology, with its own SECURE crypto coins (Based on V999 technology), and allows its members to transfer their FIAT assets to Gold Bullion, eliminating the need to involve any BANK.

V999: digital gold empowered by blockchain; digital token, supported by physical gold V999 Gold (V999) is a digital asset. Each token is supported by one tenth of a fine-grained gold bar, stored in vaults. If you own a V999, you own a basic physical gold that is kept in custody. In addition, FreeBay members can purchase packages that include powerful automatic intelligence-based trading robots.

So now, not only can you achieve complete independence from the standard BANK, but you can also trade, like the Bank, your digital gold assets, in the form of V999 Crypto tokens, on OVERNIGHT systems, only now do you, the property owner, get the reward, not the bank.

But there is another big advantage in trading V999 tokens. As you would be Generic the owner of the token, so that, like banks, every time a V999 token is traded (ie sold), for example, to buy Bitcoin, or any other cryptocurrency, a transaction fee is charged. Each time a transaction occurs, the generic owner of the V999 token receives a small percentage of that fee.

Note that when a trade occurs and a V999 token is sold, in exchange for bitcoin or any other crypto coin, a small percentage of that transaction fee is paid on GENERIC OWNER tog token (i.e. VI). 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 another merchant, because you’re still Generic owner of the V999 tokenwhenever this token is traded by any other trader, You are – the generic owner of that token who receives a trading commission.

This not only could create great Passive income for you, for life, but subject to your descendants – and nowhere is a conventional bank involved.

So, the more V999 tokens you buy and get into circulation, the bigger and better with your residual income – not only for your life, but probably also for your dependent members – it could become a reality.

Interested enough to find out more? Then click here.