Dateline: Del Mar, CA: Wednesday, April 03, 2019
The Rise of Cryptocurrencies and the Monumental Shift:
In 2016 a monumental shift occurred. For centuries, people and countries and inventive minds have wondered: “How do you get past the stranglehold that is the Central Banks?”
The monumental shift? The advent and broad based appeal and acceptance and then adoption of cryptocurrencies as fair and reasonably exchange mediums.
(Please be clear: I’m not at all suggesting that anyone involved in either the creation of, or the application and usages of Cryptocurrencies are in any way either subverting or supplanting any laws or regulations).
What I am saying is that Cryptocurrencies are the very real enactment of nations and industry leaders and individuals’ dreams and ideals that, ‘there must be another way’ to transact their affairs
This search for ‘another way’ to transact business and satisfy monetary exchanges that reside outside of the reach of Central Banks is now real + useful + universal in reach and highly advantageous. And the resolve and ‘fix’ of cryptocurrencies also places extreme value upon the necessity of providing transactional privacy.
The Case for Cryptocurrencies:
FNB now looks into and makes a case for Cryptocurrencies. The ultimate reach that FNB believes to be both attainable and realistic to see fully realized in a relative short span of time is: for there to emerge a US Based Cryptocurrency that is 100 % backed by gold and silver.
Let’s look at and examine some factors that make Cryptocurrencies intriguing:
ROI: there is an inherent risk in all investments and purchases. But, there seems to be little room for argument that millions of people globally have benefited directly from the purchase and direct decision to invest funds into cryptos
Competition with the US Dollar: once again, there appears a direct, competitive alternative arising that the general populations of many nations can use to complete transactions. Competitive alternatives that have no correlation nor dependency upon the US Dollar nor Central Banks
Disappearance of Cash: the trend-line continues to move towards the complete and final eradication of cash as a bedrock financial tool
POS = Point of Sale options and new technologies that use cryptocurrencies as their preferred exchange medium
SWIFT Replacement: governments globally are now looking to by-pass and completely shred any tethers or dependency upon the US Dollar
Privacy: the urge for privacy and the need for transparency of all transactions moves cryptocurrencies further into the forefront
Social Activism: cryptocurrencies provide for social advocacy groups to self-determine how their funds are both spent and how they are allocated
Decentralized vs. Centralized Monetary Observation and Accountability: cryptocurrencies provide decentralized methods to ensure transactional purities
Global Accessibility: cryptocurrencies provide a sleepless and tireless method for transactions to occur that blur all borders and render them useless and antiquated and therefore: obsolete
Supply and Constancy of Price and Reliability of Transaction = Blockchains! Cryptocurrencies are locked into and supported by immutable and unbreakable and completely confidential blockchains
The United States’ government in general and Central Banks + the Federal Reserve in specific have some very real challenges confronting their heretofore untouched and golden monetary monopolies. Those challenges will be outlined and detailed in subsequent sessions.
Next time, FNB will break down each and every one of the intriguing factors that make Cryptocurrencies so fascinating. The endgame seems clear: at some point, the United States of America and the Federal Reserve just might plunge deep into their arena and FNB will end this discussion of cryptos by suggesting that a gold-backed-US cryptocurrency just might be closer on the horizon than you might think possible.
FNB posits and strongly asserts that capitalism and the capacity to own, manage and profit from the collective of private properties and/or business initiatives is a driving force that America and its leaders simply must protect.
FNB remains diligent and unwavering in the call for common, average American people to seek out the Safe Havens of gold and silver coins, and gold and silver bullion.
FNB, a national precious metals industry leader and reputable gold and silver coin dealer urges investors, bond-holders, speculators and all who manage and/or oversee their family’s financial portfolio begin now migrating larger allocations into the historical safe harbors of: Gold and Silver.
Founder and Owner,
First Nation Bullion
For direct consultation with a gold and silver expert contact FNB: