There is clear evidence of growing concern from those managing [and benefitting most] from our system. Take the speech by the Governor of the Bank of England last week – on the face of it he aimed his “concerns” at the lack of regulation within the embryonic cryptocurrency world but he quickly moved on to suggest that those of us desiring a new system – one which benefits all – were not in possession of all of our faculties!
Bank of America has recently trumpeted its fears over future profits due to the “disruptive” effects of alternative currencies. The reality is that it is de-centralisation that is really spooking the banks. Effectively removing them as necessary.
None of this should be at all surprising; the 1% owning 90% of the world’s wealth have the most to lose. They do not want change – everything is fine, evidenced perfectly by the ever growing gap between rich and poor.
Last week former President Trump aide [there’s quite a few!] Steve Bannon was speaking at an event in Zurich sponsored by the Die Weltwoche newspaper.
The former senior Trump campaign strategist said this:
“Central banks are in the business of debasing your currency. Central governments are in the business of debasing your citizenship. The central technology conglomerates are in the business of debasing your own personal sovereignty and your own personal data”
During his short time in the white House Bannon often criticised the “financial elites” including those in Silicon Valley and Wall Street.
A former head of media group Breibart he refers to crypto currency the perfect tool to escape the control of such elites.
He went on to say:
“We take control of the central banks away. That will give us the power again…Once you take control of your currency, once you take control of your data, once you take control of your citizenship, that’s when you’re going to have true freedom”
We are in the early stages of a financial revolution and history shows that revolutions can be bloody and take time. However I believe this one will be shorter than most; indeed I believe we will come to regard crypto currency as mainstream this year.
Politicians, bankers, the “elite” can moan, produce volume “fear, uncertainty and doubt” but as the saying goes, you cannot put the genie back into the bottle.
If, like me, you yearn for a better way; a way to control and protect your money, your assets, and your identity – call us for a chat.