Will Crypto -Based E-Commerce Destroy the Dinosaur-Style Banking Industry?

Banking, even as know it, has been online since the first stock markets were minted-perhaps even before that, in some form or another. Currency, in particular coins, grew out of rarity tools taxation. In the early days of ancient empires, annual taxation on one pig may have been reasonable, but as empires expanded, this type of payment became less desirable.

However, since the Covid situation, not only have we appeared to proceed to a “cashless” society, (as who wants to handle potentially “dirty money” in a shop), and with “contactless” credit card transaction levels now increased to £45, and now even tiny transactions accepted, such as a daily newspaper, or bottle of milk, get paid by card.

Did you know that there are over 5, 000 crypto stock markets being used already and of them Bitcoin features highly in that list? Bitcoin, in particular, has had a very volatile trading history since it was initially created just last year. This digital cryptocurrency has seen a lot of action in its fairly short life. Bitcoins initially traded in for next to nothing. The first real price increase occurred in Come early july 2010 when the valuation of a Bitcoin went from around $0. 0008 to around $10, 000 or more, for a single coin. This currency has seen some major rallies and accidents subsequently. However, with the introduction of what are called “Stable” coins — those backed by the US Dollar, or even Gold, this crypto currency volatility are now able to be brought under control.

But before we explore this new form of Crypto-based E-Commerce, as a method of controlling and using our assets, including our “FIAT” stock markets, let’s first look at how the Banks themselves have changed during the last 50 years or so.

Who remembers the good old Cheque Book? Before Bank Debit Cards came along, in 1987, cheques were the main way of transferring assets with others, in commercial transactions. Then with Bank Debit Cards, along with ATM’s, getting hold of one’s FIAT assets became a lot quicker, and for on-line commercial transactions.

The problem that has always been present with Banks, is most of us needed at least 2 personal bank accounts (a Current account, and a Savings account), and one for each business we owned. Also, trying to move money from your bank account “swiftly” to say a destination overseas, was anything like FAST!

The other issue was the cost. Not only did we must pay a regular service charge on each Bank account, we also had a hefty fee to pay on every transaction, and, of course, in very rare occasions we might not get any worthwhile interest, on money in our Current Account.

On top of all that, Overnight Trading, each night, using expert financial traders (or, latterly Artificial Brains (AI) Trading systems), all of our assets would be traded in, and with the economies of scale, the Banks became a major Earner on our assets — but not us! Have a look at the potential business to be made from “OVERNIGHT Trading”.

So, to sum up, not only do the Banks charge a hefty fee for storing, and moving our assets, using clever Trading techniques, they also make hefty profits from trading our money on the Overnight enterprise, which is we see no benefit.

The other point is — do you trust your Bank with all your assets?

How about what Bank of Scotland, who have been THE Scotland National Bank, now to be paid by Lloyds Banking Group, have been recently labled, in a September blog post that stated “Lloyds Bank Asset Scams — The most Serious Financial Scandal of Modern times. inch

Why not Google that web site, and then make your own mind up?

So, now let us take a look at how a Crypto-based E-Commerce system should operate, and how the advantages that the Banks enjoyed with your money, can become major profit hub for the Asset Cases — US!

On tenth April 2020, a major new Crypto-based E-Commerce company is being launched — FREEBAY.

Quickly, FreeBay, located in Europe, is a company incorporating its Blockchain technology, with its own SAFE Crypto Coin ( Based on V999 technology ), and enables its members to transfer their FIAT assets into Gold Bullion, removing the need to involve any BANK.

V999: digital gold empowered by the blockchain; be sure you expression, backed by physical gold V999 Gold (V999) is a digital asset. Each expression is backed by one tenth of a fine gram gold bar, stored in vaults. If you own V999, you keep the underlying physical gold, held in custodianship. On top of that, FreeBay members should buy packages that is included in powerful Automatic Intelligence-Based Trading Robots.

So now, you cannot only achieve total independence from a standard BANK, but you can also trade, like the Banks, your digital Gold assets, in the form of V999 Crypto tokens, on the OVERNIGHT systems, only now you, the asset holder, get the rewards, not the Banks.

But there is even another great advantage in trading V999 Tokens. As you would be the Universal owner of the expression, so, like the Banks, whenever a V999 expression is traded in (i. e. sold), say, to purchase Bitcoin, or any other Crypto currency, a Transaction Fee is charged. Whenever a transaction occurs, the universal owner of the V999 expression gets a small percentage of these Fee.

Note, that once a Trade occurs, and a V999 Expression is sold, in return for say Bitcoin, or any other Crypto coin, a small %age of these Transaction Fee is paid to the UNIVERSAL OWNER of these expression (i. e. YOU). Because Freebay’s objective is to make the V999 Expression one of the most sought-after safe Crypto coins, even with your Expression has been sold to another Investor, as you are still the Universal owner of the V999 Expression, whenever that Expression is traded in by any other Investor, it is you — the Universal Owner of these Expression that gets paid the Trading Commission.

This could not only create a great Passive Income for you, for life, but is Willable to your descendants — and not a regular bank involved anywhere.

So, the more V999 Tokens you get, and get into circulation, the bigger and better with your Continuing Income — for not just your lifetime, but probably for your dependants — could be a reality.

Leave a Reply

Your email address will not be published. Required fields are marked *