Why are people so enslaved of fiat money?
The only one true answer is that it can be made use to BUY wants and needs.
Is there TRUE VALUE in fiat money?
The only value of money is that it was given institutional representation as a medium of exchange by the government. Without this, fiat money has no TRUE VALUE.
Does it retain its appointed value?
Over the course of the century fiat Money displayed a very weak formula, it is based on DEBT, and INFLATION affects its purchasing power.
Is it a good asset to hold?
Stored value in fiat money is a bad financial strategy, fiat money loses its purchasing power year after year due to inflation.
To wit:
1. Economic crash U.S. 2008- also referred to as the downfall of wall-street.
2. ZIMBABWE
3. Venezuela- 13,000% inflation rate, bigger than the great depression of the U.S.
4. India
And too many more to mention.
What is fiat money’s biggest FLAW?
It is controlled by a central government and if it implements any wrong decision, strategy, forecast, and fiscal policies it contribute to its fast DECLINING VALUE.
How can this be solved?
DECENTRALIZATION, giving back the power to influence the value of something to the holders, users, the masses, the PEOPLE.
How can this be possible?
Using a superior technology called the BLOCKCHAIN where accounting ledger is distributed, where SMART CONTRACTS are enforce, it is FREE FROM ANY HUMAN INTERVENTION, hence IMMUTABLE and impervious from error. This is the nature of a TRUE CRYPTOCURRENCY.
What is the appreciating forecast of CRYPTOCURRENCY?
According to ICOSTAT 40 of the cryptocurrency that went ICO had a whooping 6700% appreciation.
To put this in perspective that means it will take one person to trade in the stock market 957 years to equal this kind of return!
BUT CAN I USE CRYPTOCURRENCY TO BUY ANYTHING?
Introducing CYBMALL where your cryptocurrency is its MEDIUM OF EXCHANGE to buy anything, anytime, anywhere!
#Glodcoin|#Cybmall
GLODCOIN | ▐ ▌ ▐ ▌ ▐ ▌ | | | | ▐ ▌ ▐ ▌ ▐ ▌ | | | | | | | | ▐ ▌ ▐ ▌ ▐ ▌ | | |