U.S.A. banking fraud and political corruption is boosting Bitcoin

The United States is not alone with regards banking and political fraud. However, the U.S.A. economy and politics does effect the global economy. Part of this reason, is the fact that for many decades the U.S. Dollar has been used as the world's reserve currency and the back bone of the "Petro Dollar". As the U.S. became more obviously corrupt, many nations started to make a plan B and plan C to get away from using the U.S. Dollar or their banking systems (such as the S.W.I.F.T. clearing house, Society for Worldwide Interbank Financial Telecommunication).

The purpose of this blog, is to not detail all of the corruption that exists in the banking and political structures. I am assuming that the readers are already aware of some of the important frauds that are taking place. This post, is to show how we can try and eliminate/reduce the damage to our finances that will take place when the financial collapse occurs in full swing.

A global monetary shift has already taken place. The B.R.I.C.S. nations and their alliances have taken 20 plus years to establish both a commercial and monetary platform outside the U.S. economy and it's banking system. The petro dollar is being replaced with a Yuan gold/trade settlement note for gold. The A.I.I.B. (Asia Infrastructure Investment Bank) is establishing trade and infrastructure deals all around the world. The U.S. has no such program only war. Many nations have better schooling and graduating S.T.E.M. (science technology engineering math) students much faster than the U.S. Now enter the blockchain and crypto currencies.

The Fin Tech industry is growing at lightning speed. All global assets will be digitized. The blockchain will simplify and increase the speed of the new global economy. The blockchain will help to decentralized the global economy and provide transparency. One of the most important aspects of the blockchain, is the ability to eliminate the parasitical middle man that has been leaching off society for millenniums.

With the economy monetary shift underway, we need to have our assets in a safe harbor. What is safe? That is a good question. I am putting my assets in an instrument that does not rely on secondary or third party liability/risks. Fiat currencies are debt based instruments. These are not safe places to place savings. Crypto currencies such as Bitcoin and Litecoin are NOT DEBT based. This is the key. These crypto's are real assets that can not be counterfeited and are difficult to produce or mine. The rare sequence of numbers, that now take millions of dollars in computer hardware and hashing power to produce, are limited in number. The numbers are validated on a decentralized computer node network and have a private key (or serial number much like a vehicles V.I.N. number).

Bitcoin is an honest rare number that is traceable to it's original origin and has a public history. This feature has great value and grows over time. It is a truthful history that can have ledgers or contracts attached to it. I am betting that the blockchain and crypto's will have an even greater impact on mankind than the internet has. Can you imagine functioning without the internet today? Well, in the next ten years we will be saying the same thing with regards to the blockchain and crypto's.

I believe, the sooner we adopt the blockchain and crypto's, the sooner we will benefits from the global adoption of this technology. Early innovators and adopters will become the new wealthy. I would much rather have my assets invested in the future of global commerce than in a dying Fiat monetary system called today's paper currencies which are full of fraud and manipulation.

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