The Greatest Transfer of Wealth in Human History, Has Begun

in #bitcoin7 years ago

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Yes, the greatest transfer of wealth in human history has begun. The global Fiat monetary system is crumbling at light speed. The debt based monetary system has reached the end of it's sustainability. Mathematics indicated decades ago that this would be inevitable. Global governments and individuals can not keep borrowing forever and never pay off the principle. The end result is always bankruptcy.

The system has reached bankruptcy. Well, now what? The answer is a new financial system to replace the old. What is the new system? FinTech or the blockchain using crypto currencies. The blockchain has revolutionized the entire global financial system. This technology has come just in time. The world needs a truthful, efficient and transparent monetary system and the blockchain with crypto currency has answered the call.

The purpose of this post is to encourage all who read this to study and learn all that you can about this new Fin Tech. It is vital that all of us understand where the world is headed in the adoption of this technology. If we "miss the boat" on this one, we may be financially destitute forever. We owe it to ourselves and our family to get this one right.

The world's wealth is being transferred from Fiat currency into crypto currency. Now is the time to transfer what ever money we have into an appropriate crypto currency. The sooner we transfer our fiat into crypto, the greater percentage of gains we will get. Early adopters always get rewarded the most. The longer people wait to give up the old paradigm, the more it will cost them in gains. Do not make the mistake of being the one showing up "late to the party" so to speak.

It is a race for governments to create their own crypto currencies. It is also a race for governments to become the crypto hub of the world. Smaller nations realize that for them to survive and prosper, they must be innovators and early blockchain supporters. The old establishment is threatened, they know their time is short. This explains the smear campaign that is being done to Bitcoin by using unfounded false statistics. There is nothing fake or fraudulent about Bitcoin or other well established alt coins (such as Litecoin, Ethereum, Monero , ZCash and more).

We will see tremendous growth in the crypto industry in the next 10 plus years. There is over $241 Trillion Dollars of world wealth in today's fiat monetary system. This $241 trillion dollars will eventually be transferred into crypto currencies or tokens (in other words digitized). When will we realize this and get ahead of the heard and benefit by being an early adopter? The answer is up to us.

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images from: fee.org, bellewetherbranders.com

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Don't speculate... just put it in bitcoin where the momentum and store of value is.

Good advice

go @jetblake ! very uplifting. I think everyone on steemit with at least 500 steem might just survive ;)

You are right!

Hey jetblake,
Very interesting read, Thanks you for sharing it!

You are welcome. You are my biggest fan. LOL