The world economy will soon be ready for global turmoil, I am sure the Creator of the exchange SecureTradePlatform. The solution is to make international trade in bitcoins, he said CoinFox.
Exchange on which commodities will be paid in bitcoins, opened five days ago and is in a "standby": sellers on it yet. However, Mr. Lowry is confident that in coming years the project will become a kind of lifeline for global trade and economic revival in conditions of "economic Apocalypse."
Shannon Lowry: My interest in bitcoin piqued convinced that we are now on the threshold of the international financial crisis. I think that soon concealed the situation from the secondary securities will reach a critical point. I believe that many exchanges do not have sufficient capital to provide a grant of money from many market participants, and negative interest rates will soon lead to massive withdrawals of deposits by depositors, and many of them would be insolvent. In short, I believe that soon this illusion will collapse, and things will go naperekos of the whole system.
This platform I created as a tool for international trade using bitcoin to exist a system of democratically controlled "money" that will facilitate world trade by establishing a common market with no price speculation.
What gave you the idea that you can use bitcoin as currency for trading oil? "I was thinking about it, after he learned that banks are required to keep only 10% of incoming money to them. Then I withdrew funds from their Bank accounts. The main goal of my platform is to create a working system in case if the collapse of the existing system. Thus we will be able to prevent hyperinflation and shortages that accompany the devaluation of the currency. Currency should have been devalued long ago, however, Central banks make every effort to prevent "judgment day".
I am sure that in the near future bitcoin will be the only monetary asset that appreciates in value, while the major currencies cheaper. Calculations in bitcoin will provide governments and institutions with flexibility in terms of currencies. For example, many public institutions do not want to take a different (foreign) currency, because of their own rapidly falling in price. However, bitcoin will help to overcome this situation.
Steemon
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin is too liquid IMHO. What stops a panic sell when things go sour? Obviously we need Steem to really take a hold of the cryptocurrency market.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit