Stablecoins Are Going To End The Banks – And That’s Just The Beginning

Beat The Crowd: Get Your Money Out Of The Banks, Now

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• Beat The Crowd: Get Your Money Out Of The Banks, N …

It’s happening.

Whether you understand it or not, the nature of money is changing forever.

We are at the beginning of the most important change to the world’s economy since Western Union’s first international money wire in 1872. The internet and stablecoin encryption offer unlimited transfers of money, instantly, to anyone, anywhere in the world, for free. 

Likewise, you do not need a bank to keep your stablecoins safe. The biometric devices on your phone and passwords work just fine.

If you think about this for a minute, you’ll realize something: the reason banks exist is because they safeguard our money and facilitate payments. They’ve done so for decades, using everything from American Express strongboxes (in the 1850s) to the Visa network (1958).

But much like what happened to the telephone companies in the 1990s, the internet has eliminated the need for these banking services through the evolution of digital communication. 

If you don’t have time to read all of this, just understand this: Bitcoin is going to replace gold as the ultimate reserve currency, and stablecoins will replace the dollar as the money most used in daily exchanges.

These changes are incredibly good news for people all around the world. But they will be incredibly challenging for institutions (governments and banks) that run, mainly, on cheating people through monetary schemes.

Money has always evolved.