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In May of this year the Chinese government issued a public warning about trading and mining crypto, also earlier this month of June, Beijing started sprawling their efforts to shut down crpto mining operations, just a few hours after popular internet companies began censoring searches for three of the nations largest crypto exchanges. Yes my dear friends, these moves were a long time coming, when one considers China banned their Banks from handling Bitcoin and other digital currencies back in 2013. Clearly the policymakers way back then thought they could stuff the currency out in its crib, so that no one would understand the beauty of this wonderful baby of financial power, however, in the 8-year since crypto has only grown much more valuable, way more popular, and definitely way more widely accepted, (64 million +businesses accepting Bitcoin as a currency). And boys and girls it’s most recent surge—which came in the wake of yet another global financial crisis and another round of global currency devaluation, has installed even more fear among entrenched interests.
So the government is redoubling it’s efforts. The Chinese government want us to believe it’s cracking down on bitcoin because of environmental concerns. Who do you think you’re a kitten with that one Chinese government? The world is not as naive as you believe. When you China, has the world’s largest emitter of greenhouse gases, ever cared about that? I’m just speaking the truth, and keeping it real.
To the contrary China, you have an notoriously poor, poor environmental record. 1/5 of China’s water is so polluted it has absolutely no functional use. And the thick clouds of smog are so very hazardous they cause roughly 300,000 + premature deaths per year. So my friends, for China to say it’s banning Bitcoin due to environmental concerns, is the biggest BS ever. The real reason China is banning crypto is because it’s down right terrified.
For decades China has been undermining the dollar and quietly poisoning it’s currency, the renminbi / yuam, to replace it as the world’s dominant currency, however, crypto jeopardizes that dark evil plan. This is why Beijing is simultaneously scrambling to distribute it’s very own version of the yuan. This is also the reason is trying to eliminate any competition, (B.T.C). China isn’t alone, nearly 90% of the world’s central banks are now developing digital currency included the U.S.
Researchers here at the Massachusetts Institute of Technology and the Federal Reserve Bank of Boston are now developing a prototype for a digital dollar. However, we got news for everyone, that’s not going to save it, nothing can or will. The greenback’s days as the world’s top reserve currency are literally numbered. That’s just the reality of it and it’s not new news.
No currency people, keeps it’s place as the world’s primary reserve in perpetuity. That’s a unique status that’s been passed on from the franc, the Spanish silver dollar, the pound, the Dutch guilder and so on and on and so forth, going all the way back to Byzantine coins and the drachma of Athens. Typically, my dear friends currencies primarily only last between 80 to 100 years. The time is right, that people today are eyeing dollar alternatives, and it’s not just about any cycle. The dollar has been thoroughly abused. It’s lost 97% of this purchasing power since the 1900s. What that means is, having $3 in the 1900s would be like having a $100 today.
In further justifying China’s anti crypto efforts, China also said digital currency has no real support value, and that it is extremely easy to manipulate. Really? Unlike the yuan that China keeps artificially low to boost its exports? Or the dollar which is back by absolutely nothing and printed to Infinity by our Federal reserve? That criticism of crypto could be levelled against literally any fiat currency. Every country on this planet Earth has been systematically devaluing it’s money for decades now, whether it’s to make their good cheaper for their foreign consumers, to inflate away their massive debt burdens or to spend it’s way out of recession.
It is this open so-called secret, that government backed money isn’t really worth anything, that led to cryptos rise in the first place. Except cryptos also has an added benefit, of been digital, bonderless, and untraceable. This means you and only you control your money (your wealth) and this is one of the reasons, the government’s the banks and the powers at will are totally upset and terrified, they will no longer be able to control your money or your wealth. And my dear friends, they can fight it all they want but the rise of crypto is invincible, It is here to stay.
It might not replace flat currency writ large, the same way fiat currency didn’t kill gold, however it’s here to compete, like it or not. That’s why everyone might as well embrace it, El Salvador did, it made Bitcoin a form of legal tender. And absolutely indeed my friends, other Latin America countries have signaled their support for similar adoption measures.
El Salvador the first country to pass legislation making Bitcoin a legal tender, also announce that all citizens are eligible to receive $30 in Bitcoin from the government. As El Salvador races towards broad Bitcoin adoption, including a new initiative to install more than 1500 Bitcoin ATMs. Also, Panama is working on a bill that would make Bitcoin a legal tender there. Congressman Gabriel Silva hopes to have the bill in the Panamanian National Assembly within a month. Boys and girls stay with me until the end, it’s a reason I’m telling you all of this, and believe me it is to increase your wealth, so hang on, it will be well worth it.
Mexican billionaire Ricardo Salinas Pliego says his bank will be the first in Mexico to accept Bitcoin. Ricardo Salinas is the owner of Banco Aztecs, that serves 16 million clients in Latin America, and last year he reported holding of 10% of his liguod portfolio in crypto. Brazil launched Latin America’s first Bitcoin ETF, providing a new way for investors to gain exposure to bitcoin.
60% of Americans (and counting) say that they plan to use touchless payments in the future. That means people, nearly 200 million Americans plan to adopt digital wallets. Analysts have said there will be 220 million digital wallets and other non-bank solutions in the U.S. by 2024. Which means the opportunity in digital wallets could be worth more than $800 billion in less than 3 years (wake up wake up) and the big banks that are profiting from your interest rates and checkback fees are terrified. Bottom line, it is a substantial opportunity right in front of you now, get in people, cryptocurrency is the future and the future my dear friends is now.
Crypt pioneer charles shrem is a Bitcoin legend and probably is one of the first people in this world to even know what Bitcoin was, and one of it’s earliest backers. He created one of the first crypto exchanges where up to 1/3 of all Bitcoin transactions took place. He was also a founding member of the Bitcoin foundation.
Mr charles shrem work is considered by many to be the driving force behind Bitcoin meteoric rise, helping to build it from virtually nothing to over a 200 billion global juggernaut. His inner circle is a who’s who of cryptocurrency billionaires, CEOs and financiers. Which is the reason he’s one of the experts the media turns to when they want to know what’s happening in the cryptocurrency market.
Mr charles shrem has been mentioned in Fortune, Forbes, 60 minutes, CNN, Ted Talks, Bloomberg and the mighty Wall Street Journal. He has been featured in numerous Netflix documentaries and bestselling books, including the seminal Blockbuster, Bitcoin billionaires. Charles has been called one of the first Bitcoin tycoons, he is considered Bitcoin royalty.
And when Mr charles shrem, makes a prediction concerning bitcoins or digital currency in general, people with big money pay attention. Charles says what we are witnessing so far with Bitcoin and other digital currencies is just the start, a drop in the bucket compare to what’s just around the corner. Are you listening people, this gentleman knows what he’s talking about, if you have not already invested in Bitcoin or some of the other digital currencies, you are making a major mistake, a mistake that you will regret for many, many years to come. The time is now, it is still the beginning, and there’s a huge amount of money to be made, no matter what your investment may be.
The Awakening is happening, governments businesses and individuals are beginning to wake up to the possibilities of blockchain and cryptocurrencies. Blockchain with cryptocurrencies is building a new future, society and economy based on trust and accountability. It will allow free markets, free trade, and small businesses to flourish in ways we once could only dream of. The greedy gatekeepers, bureaucrats and middleman of the world are about to get destroyed, and I say good riddance.
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With all of my heart and spirit my dear friends, I want you to acquire wealth, I want you to be happy and have a wonderful life. My team and I have made a promise, we will do all that we can to give you the necessary information that will give you an upper hand in acquiring wealth. May good health and prosperity be always with you.
Humbly yours Paul Earl.
6 thoughts on “CRYPTOCURRENCIES ARE HERE TO STAY”
Hi There! As of today, Chinese citizens aren’t being forced to surrender their assets to the state. The terms “bitcoin” and “ban” have been thrown around a lot with regards to the China clampdown, but it’s important to note there has been no outright ban on holding bitcoin and other cryptocurrencies. I think China’s central bank is primarily concerned by the increased popularity in cryptocurrency because it directly challenges the nation’s economic and financial stability.
Good evening Vanabell, l thank you for stopping by here at weightlifting for a beautiful world. First let me say, in my home there are several Chinese citizens who came to this country with in the last year-and-a-half, who communicate with their relatives quite often. The research that my four-person team has done combined with my personal research with my household, it’s how we came up with this information and the knowledge to write this article. And absolutely everything Within this article is 100% facts or it would not be in this article, and of course it would not be on my website. People read my articles because they know that a great deal of research has went into anything that I write and my readers have been with me for years. However, you are definitely correct that the Chinese government is extremely paranoid of the challenges to there economic and their financial stability concerning Bitcoin and other digital currencies, and my dear friend, Bitcoin and digital currencies are here to stay and no government in this world can stop it. Once again, I want to thank you for stopping by and if it’s anything at all that my team or I can do for you please reach out. May good health and prosperity be always with you, humbly yours Paul Earl.
Thank you very much for your help concerning this topic. I had never read a whole article on cryptocurrencies, and boy, how it has changed my perception of it. And on the other hand, I have been missing a great deal by keeping away from this trend. I now understand that something that has more than 10 years growing is no more a trend, but has come to stay.
Good evening Ann, and thank you kindly for stopping by here at weightlifting for a beautiful world. Yes without a doubt it is definitely no trend, and those who are not on board will indeed have long-lasting regrets of a time that they might had the opportunity of acquiring major wealth with a small investment. My dear Ann, there are several other articles concerning digital currency on my website, please feel free to read them. I’m going to say with all my heart and spirit, please jump on board before it’s too late. You don’t need a lot of money to do so, a small investment of $500 could make you enough for Lifetime, and if you ever need help from my team or I we are here for you, please reach out. May good health and prosperity be always with you, humbly yours Paul Earl.
Thanks for sharing this post. I am curious about bitcoin and cryptocurrency in general. I am somewhat old school and see it as a speculative investment vs investing in stocks for some of the performing companies where my values align well. Your post gives readers confidence to dig further and thank you for the reference to Charles Shrem. I will look him up. Can you share a good reference to understand what drives the value of bitcoin up and down?
Good evening @Michael, we thank you kindly for stopping by and visiting us here at weightlifting for a beautiful world. Flat currencies being the number one currencies on this Earth is coming to an end, digital currencies is the future and the future is now. One of the great things about digital currencies, is taken Bitcoin as a example, once that coin is filled up with Investments no more can be sold from that coin. So the inflation rate that we see with flat currencies can never be with digital currencies. And on top of all that, no one can control your wealth except you. However, those who do not embrace this modern-day change will be left behind with much regret. Because, it is not going to stop, blockchain technology is the new, and it’s in bracing every part of our daily life. Once again, I thank you for stopping by and if you ever need any help at all please reach out. May prosperity and good health be always with you, humbly yours Paul Earl.