The Long (short) Road To Bitcoin Being Money
Imagine if you will, a world where all the big banks have died… from too much blood loss, from repeatedly shooting themselves in the foot.
The reason why bitcoin will win, is because it is THAT MUCH better than the FRN (Federal Reserve Note)
The reason why blockchain will win is becaust it is THAT MUCH better than central banks and SWIFT (Even bitcoin is faster than swift.)
Peoples on the internet (which may just be bot farms) say that bitcoin wastes soooo much energy.
But, they have never compared bitcoin mining to the power needed to run all the ATMs, or to run SWIFT, or all those banks.
The banksters are going to switch to blockchain because it is less than a ⅒th of the cost. Of course it is better in so many other ways, but that is just icing on the cake.
Bitcoin, fortunately, and unfortunately, is in a position where the banks do not want to use it, but all the rich people do, including many banksters. If the banks cannot print money, they are doomed. The banks want their cake, and to eat it too. They would love to "custody" all their client's crypto, while continuing to charge fees for the transactions and the custodying and saving all that money on ATMs and tellers.
But, we all know that when people finally learn how to use bitcoin, the banks have very little to offer to their clients.
Death of the Dollar / Yuan / Euro…
These debt based fiat currencies are already dead. They just haven't had the decency to lay down yet.
- inflation has hit the hockey-stick end
- the trust is waning
- people are tired of the shenanigans
- a lot more of it has been printed than people think, and when it comes out, we will see global bond destruction.
The banksters are simultaneously trying to kill the old system and replace it with the new system. Unfortunately, they are trying to kill it while it is thrashing around in its death throws. The banksters want to be seen as the rescuers while avoiding responsibility for the destruction. Usually they we hide behind rebranding, and moving money in the shadows, but it is all coming out now.
Everyone will know that the banksters did this. Knowingly did this.
- High house prices = banksters
- High food prices = banksters
- Loss of purchasing power = banksters
- Charging people interest on money created out of nothing = banksters
- Charging fees for things that never cost the banks anything = banksters
The list will be long, and the banksters will be hated. And the rebrand will be seen through a mile away.
Change of society by change of technology
A great deal of people do not trust bitcoin because it relies on "their" internet and "their" electricity.
Fortunately, locally produced, non-polluting, continuous electric production will be built out all over the world. Things like wave energy, geo-thermal energy, magnet motors and real solar power will replace the grid. And its adoption will be faster than bitcoin's.
Wireless internet everywhere on earth will be discovered. Like Starlink, but everywhere and no satellite dish is needed. And because this will be almost a straight replacement upgrade, its adoption will be frighteningly fast.
So, in the blink of an eye, "their" internet and electricity get dropped like a radioactively hot potato.
Money will be exchanged between people
This is kinda difficult to explain, because we have never known this kind of thing.
Banksters have put themselves in between people and their money for a long time. Even exchanging dollars with your neighbor usually ties back the banks within a step or two.
We buy something at a yard sale, that money came out of an ATM, and will probably be deposited into a bank so they can pay a bill. Or spent at a grocery store, which drops all their cash into bank/armored car as soon as possible.
Crypto never touches the banks, or maybe more apropos, never leaves the non-owned bank.
Even gold had to go through an assayer and a forge, and a mint. A miner didn't just go mine some gold and go to the store and buy something.
This will be interesting to watch as we completely cut the middle men out of the payment process. And many people might not make the connection why, but everything will just run so much smoother. Imagine not needing to pay for a bank account, and never deal with having to call the bank to work out an issue. You know exactly how much you have down to the block production time. (when you have gone to the ATM, that amount stated at the terminal may be off by up to 48 hours.)
When we finally start using the blockchain between individuals, we will wonder why we didn't do this so much sooner.
The most important thing about bitcoin is that it is deflationary. And, so what people will tend to do with it, is save it.
This changes the entire energy flow of the nation. You could say that the currency stops flowing in destructive patterns, and starts flowing in constructive patterns. If those mother WEFers understood this, they would be fighting even harder to block bitcoin. However, they may know, and so this is why they are all getting behind XRP/Ripple where they can mint stable coins. Which is basically allowing the banksters to park their money in the bond market, making interest, while being able to spend the same money. (the created stable coins)
Of course, this may be why XRP goes away in the future (XRP goes way up making generational wealth, but continuing into the future, those who held onto XRP lose everything.) People see that the coming inflation is crazy. However, it will more likely be that Ripple starts locking people's accounts. And when that happens, many run for the exits.
Bonds and stocks won't work in the future. It will just be better to hold bitcoin. And thus, all the investment becomes holding bitcoin. Good bye brokers (who make you broke(er) and wall street thieves/crooks.
And, although everything will be better when we move to bitcoin/crypto, people are sluggish and scared to make the move. However, a lot of pain is coming that will motivate everyone to get out of the old system. Bail-ins. Banks crashing. Bankster holidays. Monetary shell games. People having their money locked because of … something "legal sounding". And, of course lots of inflation.