XEM and the Coming Currency Collapse

in #cryptocurrency7 years ago (edited)

For many in the crypto-anarchist community, a global currency collapse is a foregone conclusion and a big reason why we are here.

Most experts agree that Japan is far and away going to be the first currency to collapse, making the systemic reverberations to start a global collapse of fiat currencies. https://www.moneyandmarkets.com/japanese-yen-collapse-makes-sickest-currency-world-profit-68158

What currency is likely to win in a scenario like this?

XEM.

Why?

  1. XEM is Japanese-made, already has adoption for people in-the-know within Japan, and has big support in Asia.

  2. It doesn't have any of the scaling problems that ETH does and is ready to serve the entire galaxy right now. It is used every day to trade assets right now, unlike EOS which isn't likely to be deployed or adopted when the collapse comes.

  3. Its all-original code base makes is least vulnerable to attacks and hacks that many other currencies have due to a shared code base.

I'm calling it a winner. What other currency up and jumped to #4 in all of cryptoland at its release?

XEM is currently trading at 50% of its all time high of $.34 and is a steal at that price. If it were to reach ETH's market cap today, it would sell for $3.08. That speaks to its support. It may not be offering the same kinds of incredible gains that some currencies promise, but I'll take 1,800% returns happily. I'm heavily vested in XEM.

Image credit: http://www.zerohedge.com/news/2017-10-28/visualizing-63-trillion-world-debt

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