The “Great Financial Reset”
PART 1: Why is a “Great Financial Reset” even necessary?
In simple terms, ALL of the Governments and economies of the world have piled up Mountains of Debt. There are “Interest Payments” on that Debt. To keep up with the ever increasing payments, they are forced to print more money. The more money they print, the higher the Debt goes. It is a vicious cycle that only ends one way… the old (“existing”) system collapses.
PART 2: What exactly IS the “Great Financial Reset”?
Again, in simple terms… they are creating a “replacement” financial system. They can’t just let the old system collapse without a replacement plan. You can imagine how that would go: Societal Chaos, Mass Rioting, Cities Burning etc etc. Can’t have that… so they are developing a plan to basically “crash land” the old system, have as much survive as possible, and then quickly move everything over to the “New System”. The process by which this will be done is referred to as the “Great Financial Reset”.
PART 3: What will the “New Financial System” look like?
Good Question. There are a lot of theories, but almost every single one of them involves some sort of Digital Currency. The most popular, and most likely, is the initial creation of Central Bank Digital Currencies (“CBDCs”). CBDCs will be much different than the dumb money you are used to… CBDCs will be “Smart Money”. Governments will be able to “program” how you interact with your money. They will be able to limit, and control, exactly what separate individuals can do with their “digital money”. For example: “Bob” is a good little citizen, who never questions authority, and always does as he is told. Bob is issued more Digital Currency as part of his monthly allowance, and he can spend it on whatever he wants. “Alice” on the other hand is a trouble making little you-know-what. Always questioning the government, refusing to wear her mask, and posts crazy stuff about “freedom” online. Well, we can’t have that can we? So Alice gets less monthly allowance of her CBDC…. and she isn’t allowed to spend it on certain items. No airline tickets for Alice! No guns or ammo either! You get the picture.
PART 4: How does Bitcoin Sv (“BSV”), and the BSV Blockchain fit into all of this?
Very, very good question. BSV Blockchain is perhaps the only one of these new systems currently capable of exclusively running this new global CBDC system. That is not to say that some CBDCs will not be created on their own Blockchains, or on top of other existing coins, but in the end, none of the other technologies really offer a path forward in the way BSV Blockchain does. It is possible that some of these CBDC systems will not even initially run on Blockchain…. but BSV Blockchain IS already being developed and integrated into global corporate systems, and as time passes it is expected that it will just steadily increase in the percentage of systems that use it, and it will incresingly make sense that the CBDCs run on the primary Blockchain. One of the intriquing things to me, is that in a world of Digital Currencies and CBDCs, BSV stands out as a System that stands alone, and could offer an alternative peer-to-peer financial system to average citizens (allowing people to directly connect and exchange electronic cash).
Technologies evolve through competition. The next several years are going to be a competition of ideas and power struggles. Might even involve a few “Hot Wars”. One aspect of technology always prevails…. that weak technology is displaced by stronger/better technology. BSV Blockchain is the strongest technology in the entire Blockchain, CBDC, or Electronic Cash universe. The people and companies involved in building it out also hold most of the Global Patents that underpin this new blockchain technology. BSV Blockchain has more opportunity and likelihood of coming out on top, than any other blockchain in existence today. Even if by chance it doesn’t become the “One Blockchain to Rule Them All” …. it will still be an integral part of the new system, and will have substantial value, and offer a second level of financial transaction opportunity to average citizens…. the perfect “Backup Plan”.
SUMMARY: The “Great Financial Reset” is coming, and whether you like it or not won’t matter. It is happening, and the way one gets to the “front of the opportunity line” is to learn how to get some BSV. And to be clear… I am NOT necessarily a fan of this “Great Financial Reset”. I think it could possiblly turn out to be a dystopian, nightmare horror show. But whatever it ends up being… It IS Coming… and people may want to get in early, if for no other reason than to be able to best understand what it is, how to navigate it, and how to protect your family and finances as “whatever IT is” unfolds. And of course if it turns out just to be a wonderful thing that mankind uses wisely – then you will have made a really smart investment; will have positioned your family for success and financial security; and will have a jump on everyone else in integrating this new Blockchain technology into your Business and Personal Finances. Either way… You may want to learn how to get some BSV.