New World Currency: Fiat-Crypto, Stablecoins, Gold-backed Crypto?
Some of my own thoughts after reading recent blog post by @perceptualflaws about Global Economy prognosis for 2019.
Well, conspiracy and whatever guesses and speculations apart, just talking about straight facts... Certainly there are some plans and / or whatever arrangements made in advance long time ago. which is reflected in the fact that they were talking about new world currency in that issue 30 years ago.
If I remember correctly, that time US economy was already in deep sh1t and on the verge of collapse (and perhaps the whole western economy along with it). it was sort of a rat race. some important politician (can't recall exact name) even said something like only miracle can save them. then Perestroika started in FSU, which eventuated in its collapse (or was that "controlled demolition", pre-arranged and purposeful?) and the breaking of the whole alliance of Eeast European Socialist Block along with it. that was the "miracle" needed: US and Western countries got a brief relief, the resources they started to pump out of FSU and E.Europe helped them to stay afloat for a while...
Then about 10 years later in 1997-1998 sh1t hit the fan once again, as a continuation of so called "Tom Yum Goong Crisis" (started in Thailand) aka "1997 Asian financial crisis". The consequences were extensive and adverse: from 1997 Global Market "Mini-crash", to Fall of Suharto in Indonesia, "Dot-com bubble", Clinton's impeachment, 1998 Ruble Crisis, etc. (of course many other events happened too - especially localized war conflicts, 9/11, etc)
10 years later in 2008 another Crisis occurred ...
(it was more recent, so, no more details - I guess everyone still remembers that)
Now it is 2018th, the year on the cover of that Economist's issue. World's economy again in deep sh1t. Jamie Dimon hysterically predicts problems, almost literally calls for military actions against China ... Trump already practically wages war on China, although economical one (i.e. trade), yet war nevertheless; total or vast De-dollarization is ongoing.
All these things are played as if by notes, orchestrated by some invisible for general public conductor or as if following certain scenario. I mean : how come all these things occur like at precise cycle periods, every 10 years?
So, there must be some particular plans by whoever ("powers that be" / global elites / banksters) regarding how the whole Global Economy should develop and where to go.
I think that quite obviously US dollar role is in decline, recently it was even Bloomberg has published an article about it and Twitted: "Is it time to ditch the U.S. dollar?"
So, it is not a "conspiracy" anymore, but something in the open, in public domain, in the Mainstream Media!
What would happen in 2019 and actually already happening: USD will seize to be a Global reserve currency as it was so far. Whether or not some other fiat currency will take its place - hard to say. Because actually all the fiat currencies are more or less the same, in the sense that they all are similar to USD: emitted by so called "Central Banks" (i.e Central bank cryptocurrencies) which are same as Fed, not controlled by governments but by some private stakeholders (and perhaps by BIS too) and accordingly are sort of "extensions" or "clones" of USD. That is why USD will not disappear completely, nobody wants that actually (neither Russia, nor China, nor anyone else): because everybody depends on it, kinda of held hostage or hooked by this green junk toilet paper, supported only by the astronomical US Debt, some questionable and declining US military and bankrupt economy. LOL :D
Therefore, perhaps the whole Crypto alternative has appeared meanwhile: Bitcoin was introduced in 2009 right after 2008 Crisis! And now there are more and more talks about it being possible alternative (although quite unlikely), like various "Gold backed Cryptos" (or by some other tangible assets as Petro cryptocurrency in Venezuala), or new trend in so called "Stablecoins" (i.e. backed 1 to 1 by some Fiat currency)
or ... so called "Crypto-Fiat", i.e. digital version of existing fiat currency, emitted by Central Banks and thus totally Controlled and Centralized.
May be Cryptocurrencies were especially introduced well in advance to prepare general public for what is coming: inevitable Digital Fiat? (aka "Crypto Fiat") As well as all the tech, tools, Apps, tools, etc. ALREADY created and made available for mass usage.
That would make sense: erase all the Debts, Uncontrolled Emitting (or "pre-mined") = UNLIMITED Circulating Supply, non Audited, completely Centralized, etc. as well as of course "steady" / "stable", unlike too much fluctuating Bitcoin and other Alt-coins.
Well, these are my thoughts on this matter. That USD will be and in fact ALREADY being "Ditched", but certainly will be still around (as other fiat currencies), but may be will morph into its digital form and will be more evident transition into so called Cashless Society.
Coincidentally, what else happened back in 1988 !!!
Wow! that like 6 months prior to that Economist issue!
Random Quote:
https://steemit.com/crypto/@swetangel/then-crypto-anarchist-manifesto
Related information:
from annotation to book:
Related stuff:
also:
You got voted by @curationkiwi thanks to BitConnector! This bot is managed by Kiwibot and run by Rishi556, you can check both of them out there. To receive maximum rewards, you must be a member of KiwiBot. To receive free upvotes for yourself (even if you are not a member) you can join the KiwiBot Discord linked here and use the command !upvote (post name) in #curationkiwi.
Congratulations @vimukti-ananda! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Award for the number of comments
Award for the number of upvotes
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOP
Do not miss the last post from @steemitboard:
Congratulations @vimukti-ananda! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Award for the number of upvotes received
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOP
Do not miss the last post from @steemitboard: