Crypto currency supplants Fiat and gives freedom

in #cryptocurrency7 years ago

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The rapid decline bitcoin does not confuse analysts and forecasters. Famous investor Tim Draiper is confident that the crypto currency will supplant the Fiat, and ex-Counselor Trump believes that only tokens will give true freedom.

Steve Bannon, former assistant to US President Donald Trump, has high hopes for the crypto industry. He believes that the tokens and technology of the blockchain have a huge potential for "liberating" people.

"Central banks belittle your currency. Central governments belittle your citizenship. Central technological conglomerates belittle your personal independence and personal information. We must take away the power from the central banks. When you have control over your currency, your information, your citizenship - then you will have true freedom, "Bannon said.

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Previously, Steve Bannon was an active critic of the "financial elite". He was negative about all representatives of Wall Street and Silicon Valley. Now he is sure that the crypto-currencies will help ordinary people break away from their control.

Looks positively at cryptomir and Tim Draper. He was one of the first who invested in Internet technology, Skype and Tesla. Draper predicted when Bitcoin would reach the $ 10,000 mark almost to the day.

He is often asked about the benefits of investing in modern technology. And first of all he talks about the blockade and crypto-currencies. Tim is confident that the blockchain-technology has the potential to change almost every industry.

Draiper predicts that in the future some governments will cease to be independent and unite in groups of international organizations that will compete among themselves for providing their services to citizens.

"In five years you will go and try to pay in Fiat (the government-supported currency, for example, the US dollar) for Starbucks coffee, and the barista laugh at you, saying something like this: 'What's this? Maybe you'll pay back with shells? "- Tim presents the near future.

Recall that the other day representatives of the company Starbucks really announced the desire to use the blockchain to process consumer payments in the crypto currency.

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