3 years ago

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The bitcoin inspired software is going to be adopted globally. Alt coins or alts are going to be integrated into a new blockchain based internet called the internet of value. The IOV is here to stay and will be networks like ethereum algorand stellar ripple working together to transfer value with central bank digital currencies available for everyone to use within their programming. CBDCS are the exit plan for the central banks the fiat system is imploding and they need options. Gold is a dangerous thing for governments and central banks because it makes them accountable for spending. This blockchain and crypto hybrid system will be the exit plan to fiat. Tune into my channel for the latest altcoin news! ripple news bitcoin news and price predictions

The private sector is inching their way closer and closer to the internet of value. The governments and central banks of the world are preparing for this internet of value. The central banks and governments have accommodated the markets with reckless monetary and fiscal policy. (meaning QE, Bail outs, Stimulus checks) The central banks and governments are also going to accommodate the markets with CBDCs. By updating to CBDC the central banks’ capabilities grow by exponents, for example, Negative interest rates, increased money velocity, conditional money, fiscal air drops of stimulus, a burn rate on currency to discourage saving… These aforementioned items are tools to facilitate complete control over the economy.

This technology changes the world fundamentally. The world is in a global recession and is saturated with debt, and the central bankers and governments have limited tools of inflation and deflation. There is biblical depression on the horizon. This new technology opens a Pandora’s box of monetary and fiscal tools to combat deflation.

As the central banks and governments lean in, who are they getting advice from? Answer: from the experts, the companies that are successfully building the internet of value. The businesses that successfully utilize crypto and block chain. Therefore, those companies and those crypto assets are laying the foundation of this next gen financial system.

The interledger protocol is an interoperability standard; it’s the HTTPS SMTP of the internet of value. For these cbdcs to transact with one another there needs to be a common ground, and there needs to be a protocol for these transactions to take place. Is it likely that central banks will have accounts for every CBDC in the world? A jurisdiction-free bridge asset is the needed solution. Why would china trust Canadas cbdc? Why would japan trust England’s CBDC? Trust is not needed with crypto. Cryptocurriences are trustless assets that facilitate countries fruitfully working together.

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