Banking as we know it, has been around since the first currencies were minted – perhaps even before that, in one form or another. Currency, specifically coins, is derived from taxation. In the early days of ancient empires, an annual taxation of one pig may have been reasonable, but as empires expanded this type of payment became less desirable.
However, since the Covid situation, it seems that not only have we moved to a ‘cashless’ society (as in who wants to handle potentially ‘dirty money’ in a shop) and with ‘contactless’ levels of credit card transactions now increased up to £45, and now even accepted small transactions, such as a daily newspaper or a bottle of milk, are paid for by card.
Did you know that there are over 5,000 cryptocurrencies in use already, and of these, Bitcoin features heavily in this list? Bitcoin, in particular, has had a very volatile trading history since it was first created in 2009. This digital cryptocurrency has seen a lot of action in its relatively short life. At first, Bitcoins were traded for almost no money. The first real price increase occurred in July 2010, when the valuation of one bitcoin went from around $0.0008 to around $10,000 or more per coin. Since then, this currency has seen some major ups and downs. However, with the introduction of so-called “stable” coins – those backed by the US dollar or even gold – this cryptocurrency volatility can now be brought under control.
But before we explore 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 banks themselves have changed over the past 50 years.
Who remembers the good old checkbook? Before bank debit cards appeared in 1987, checks were the primary way to transfer assets with others in commercial transactions. Then with bank debit cards along with ATMs, acquiring your FIAT assets became much faster for online trading transactions as well.
The problem that has always been present with banks is that most of us need at least 2 personal bank accounts (a checking account and a savings account) and one for each business we own. Also trying to move money from your bank account “quickly” to say an overseas destination was sort of like SWIFT!
The other problem was the price. Not only did we have to pay a regular service fee for each bank account, but we also had to pay a hefty fee for each transaction, and of course, on very rare occasions, we would not receive any worthwhile interest on the money in our checking account.
On top of that, Overnight Trade, every night, with the help of expert financial traders (or, more recently, artificial intelligence (AI) trading systems), all OUR assets will be traded and with the economies of scale, the banks became the main earner of our assets – but not us! Explore the potential business that can be made from “OVERNIGHT Trading”.
So to sum up, not only are banks charging a hefty fee to store and move our assets, through the use of clever trading techniques, they are also making hefty profits from trading our money in the Overnight scheme that we don’t see advantage .
The other question is – do you trust your bank with all your assets?
How about what the Bank of Scotland, which was the National Bank of Scotland, now owned by Lloyds Banking Group, recently noted in a press release in September that read “Lloyds Bank asset fraud – the most serious financial scandal of modern times.”
Why not Google this 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 enjoyed by banks with OUR money can become a major profit center for asset holders – the US!
10 years oldth October 2020 saw the launch of a major new crypto-based e-commerce company – FREEBAY.
In short, FreeBay, based in Switzerland, is a company incorporating its own Blockchain technology, with its own SAFE Crypto Coin (based on V999 technology) and allows its members to transfer their FIAT assets into Gold Bullion, removing the need to involve any BANK.
V999: blockchain-authorized digital gold; digital token backed by physical gold V999 Gold (V999) is a digital asset. Each token is backed by one-tenth of a fine gram of gold bullion held in vaults. If you own V999, you own the underlying physical gold that is being held. Additionally, FreeBay members can purchase packages that include powerful intelligence-based automated trading robots.
So now you can not only achieve complete independence from a standard BANK, but you can also trade, like banks, your digital gold assets, in the form of V999 Crypto tokens, on the OVERNIGHT systems, only now you, the owner of the asset, get the rewards, not the banks.
But there is another great advantage of trading V999 tokens. As you would be Generic owner of the token, so, like banks, every time a V999 token is traded (i.e. sold), say to buy Bitcoin or another crypto currency, a transaction fee is charged. Every time a transaction is made, the common owner of the V999 token receives a small percentage of this fee.
Note that once a trade is made and a V999 token is sold in exchange for, say, Bitcoin or another crypto coin, a small percentage of that transaction fee is paid to COMMON OWNER of that token (ie YOU). Because Freebay’s goal is to make V999 Token one of the most sought-after safe crypto coins, even after your Token has been sold to another merchant, as you are still Common owner of the V999 tokeneach time that Token is traded by another trader, you are the common owner of this token who receives trading commission.
This can not only create great Passive income to you, for life, but is Willable to your descendants – and not a conventional bank involved anywhere.
So, the more V999 tokens you buy and get into circulation, the bigger and better your residual income – not only for your life, but possibly for your dependents – can become a reality.
Interested enough to learn more? Then click here.