Case for Bitshares

We have all seen the technical side of Bitshare's and how it's revolutionizing blockchain application, so I wont delv into it's stats today but rather why I believe it will one day out perform Bitcoin in every areas including price (bold claim I know). Hear me out for a second because I want to explain a scenario most have not yet considered.

The International Monetary Fund is currently looking at ways to tether the SDR (Special Drawing Right) to a form of digitized currency. Some have suggested that this currency would in fact be Ripple as you can purchase SDR using XRP. In the wake of a global financial collapse the IMF would begin printing trillions in SDR's as nation states begin to print trillions in fiat to stabilize their economies. This would in turn lead to hyperinflation causing the value of currencies around the world to collapse. In such a scenario the IMF would allow nations to swap a % of their currency for SDR's, which are backed by gold, making it the new world reserve currency. As the stock markets and bond markets began to crash most would flood into commodities like gold and silver until no one was left selling. This would in turn lead many to flood to Bitcoin accept for one small problem, It can barely handle the traffic it is seeing now. So where do the trillions of dollars that are losing value by the second turn? In such a scenario I believe that currency will be Bitshares due to the fact that it can be pegged to assets such as gold, not to mention it is the fastest decentralized exchange in the world.

Some of you are aware that the banking institutions have over the past few years ensured that a global financial collapse is just around the corner. In fact it is my personal belief that this has been done on purpose to pave the way for what is being called a New International Economic Order. Nations have been pushed into massive debt to ensure that once the market begins to collapse it will cause a domino effect world wide. In such a scenario the public would be told that in order to stabilize the world economy and save what little remains of the public's wealth, that a move towards a New International Economic Order was the only option. Banks over time would tether the SDR to a digitized form of currency like Ripple. As inflation spiraled out of control people would shift to this new system as the dollar and other currencies began to collapse in value. The question many have raised is whether or not currencies like Bitcoin have been allowed to thrive by the banks for the very purpose of creating a digitized global currency backed by the SDR. If your goal is a digital global currency but you know the public doesn't trust you, how do you go around them? Create a grass roots movement allowing the public to believe they're in control and then co-opt the movement after mass adoptions begins to occur. Believe me when I tell you that the only reason Bitcoin is still alive is because the big banks have allowed it.

Where does this leave Bitshares? Right now Bitshares is the only truly decentralized exchange, whether they remain that way in the future will depend on how much of a threat they become to the powers that be. While I don't see the price hitting 100+ dollars a coin in the near future, if the above scenario occurs and people are unable to move their money in or out of Bitcoin due to transactions clogging up the system then the only real option would be Bitshares. Right now Bitcoin is hovering around 6k a coin with a cap of 21 million coins not including all the new forks recently. This means that Bitshares at 2.5 billion has roughly 125x the amount of coins as Bitcoin and yet is 120,000 times cheaper. Bitshares would need to increase by a thousand times to reach the same value as bitcoin on a coin to coin basis which right now would put it at around 50 dollars a coin. Add to this a global financial collapse and who knows where it might end up.

With Bitspark moving its remittance system to Bitshares and companies like Tenx allowing users to spend their crypto where ever they go, its only a matter of time before Bitshares gains mass adoption.