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

Banking as we know it, has existed since the first currencies were cut off – perhaps even before, in some form or another. Currencies, especially coins, have risen since taxation. In the early days of the ancient empires, the annual taxation of a pig may have been reasonable, but as empires grew, this type of payment became less desirable.

However, after the situation with Covid, it seems that not only have we moved into a ‘cashless’ society (as we want to deal with potentially ‘dirty money’ in a shop) and “contactless” levels of credit card transactions have now risen to £ 45, but now even small accepted transactions, such as a daily newspaper or a bottle of milk, are paid for with a card.

Did you know that more than 5,000 cryptocurrencies are already in use and bitcoin is very different from this list? In particular, bitcoin has a very unstable trading history since it was first created in 2009. This digital cryptocurrency has seen a lot of action in its relatively short life. Bitcoins were initially traded for almost nothing. The first real price increase occurred in July 2010, when the valuation of bitcoin went from about $ 0.0008 to about $ 10,000 or more for one coin. Since then, this currency has seen some major rallies and collapses. With the introduction of so-called “stable” coins – those backed by the US dollar or even gold – this volatility of the cryptocurrency can now 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 currencies, let’s first look at how banks themselves have changed over the last 50 years or so.

Who remembers the good old checkbook? Before bank debit cards appeared, checks in 1987 were the main way to transfer assets with others in commercial transactions. Then, with bank debit cards, along with ATMs, receiving someone’s FIAT assets became much faster for online commercial transactions.

The problem that has always been present with banks is that most of us need at least 2 personal bank accounts (current account and savings account) and one for each business we owned. Also, trying to move money from your bank account “quickly” to say a destination abroad was something like SWIFT!

The other issue was the price. Not only did we have to pay a regular service fee to each bank account, but we also had a solid fee for each transaction and, of course, in very rare cases, we would not receive a decent interest on money in our current account.

On top of that, Overnight By trading every night using expert financial traders (or, last but not least, artificial intelligence (AI) trading systems), all our assets will also be traded at economies of scale, banks became the main income from our assets – but not us! Take a look at the potential business that can be done by “COMPLETELY TRADE”.

So to sum up, not only do banks charge a hefty fee for storing and moving our assets using intelligent trading techniques, they also make solid profits from trading our money in the Overnight chain, which we don’t see as a benefit.

The other point is – do you trust your bank with all your assets?

How about what was recently mentioned by the Bank of Scotland, which was the Scottish National Bank, now owed by the Lloyds Banking Group, in a press release in September stating “Lloyds Bank asset fraud – the most serious financial scandal of today. “

Why not Google this website and then decide?

So, let’s now look at how a crypto-based e-commerce system should work and how the benefits that banks enjoy OUR money can become a major profit center for asset holders – the US!

10 years oldyou October 2020, launched a large new e-commerce company based on crypto – FREEBAY.

In short, Switzerland-based FreeBay is a company that includes its own Blockchain technology, with its own SAFE Crypto Coin (based on V999 technology) and allows its members to transfer their assets from FIAT to Gold Bullion, eliminating the need to engage the BANK.

V999: digital gold authorized by the blockchain; digital token backed by physical gold V999 Gold (V999) is a digital asset. Each token is lined with one-tenth of a fine gram gold bar stored in vaults. If you own a V999, you have the main physical gold in custody. On top of that, FreeBay members can purchase packages that include powerful automatic intelligence-based commercial robots.

So now you can not only achieve complete independence from a standard BANK, but you can also trade, like banks, your digital gold assets, in the form of V999 Crypto tokens, OVERNIGHT systems, only now do you, the asset holder, receive the prizes, not the banks.

But there is even another big advantage in trading V999 tokens. As you would be General owner of the token, so, like banks, every time a V999 token is traded (ie sold), for example, to buy bitcoin or another cryptocurrency, a transaction fee is charged. Each time a transaction is made, the general owner of the V999 token receives a small percentage of this fee.

Note that once a V999 Token has been traded and sold in exchange for a bitcoin or other cryptocurrency, a small% of the age of this transaction fee is paid to COMMON OWNER from this token (ie YOU). As Freebay’s goal is to make the V999 Token one of the most sought after secure crypto coins, even after your Token has been sold to another merchant, as you are still Joint owner of V999 Tokenwhen this Token is traded by another Merchant, You are the General Owner of this Token who is paid by the Trading Commission.

This can not only create great Passive income for you, for life, but it’s accessible to your descendants – and it’s not a conventional bank involved anywhere.

So, the more V999 tokens you buy and put into circulation, the bigger and better with your residual income – not only for your life, but also for your addicts – can become a reality.

Are you interested enough to find out more? Then click here.