Bitcoin has been out there from quiet some time now and people have made fortunes out of it. However we think it is our responsibility to provide you with all the important information in order to help you gain more out of your hard earned money.
There are several speculations with very valid reason for us to come to the conclusion that now is the time when this BUBBLE shall burst.
In the past couple of weeks we have witnessed one of the best growth in the economic world in the history of mankind. However we cannot deny the fact the that world order is maintained by the banks and Governments of the respective countries working together as a single force.The money that the Government and other ruling authorities of the world make out of us, it is thereafter used in for the research and other development activities happening around the globe.
In a basic buying and selling phenomena there are two parties involved, one is the buyer and other other is the seller but with the new world order set by the rules and regulations of the government of different countries now the government also becomes a party in the process, wherein in every transaction the government of the respective country makes a certain money as tax or other charges, this money is later on used in the development of the country like the defence force manufacturing of roads dams airports and more. When someone involves in a cross border transaction i.e. transaction between two parties wherein both the parties belong to different countries then both the countries have their own set of rules and regulations plus taxes implied on these transactions and again the money that comes these transactions are used in building the nation.
Now with the introduction of Bitcoin and other crypto- currencies what we are doing is we are eliminating the role of the government from these transactions. The government is not even aware of your transactions which is creating losses to the Governments around the globe for over trillions of dollars. Hence the Central Banks of the nations which are more effected by the loss incurred to them by introduction of crypto-currency along with the Central Banks of other big nations are set to make rules again the funding of crypto-currencies.
The Central banks of the top developed nations around the globe are taking these initiatives and working on the ideas which shall soon be implemented and this create a huge dent in the price of Bitcoins. We dont know if they can ban Bitcoins or not but certainly a huge downfall in the price of Bitcoins is something that we shall soon witness.
There are several speculations with very valid reason for us to come to the conclusion that now is the time when this BUBBLE shall burst.
In the past couple of weeks we have witnessed one of the best growth in the economic world in the history of mankind. However we cannot deny the fact the that world order is maintained by the banks and Governments of the respective countries working together as a single force.The money that the Government and other ruling authorities of the world make out of us, it is thereafter used in for the research and other development activities happening around the globe.
In a basic buying and selling phenomena there are two parties involved, one is the buyer and other other is the seller but with the new world order set by the rules and regulations of the government of different countries now the government also becomes a party in the process, wherein in every transaction the government of the respective country makes a certain money as tax or other charges, this money is later on used in the development of the country like the defence force manufacturing of roads dams airports and more. When someone involves in a cross border transaction i.e. transaction between two parties wherein both the parties belong to different countries then both the countries have their own set of rules and regulations plus taxes implied on these transactions and again the money that comes these transactions are used in building the nation.
Now with the introduction of Bitcoin and other crypto- currencies what we are doing is we are eliminating the role of the government from these transactions. The government is not even aware of your transactions which is creating losses to the Governments around the globe for over trillions of dollars. Hence the Central Banks of the nations which are more effected by the loss incurred to them by introduction of crypto-currency along with the Central Banks of other big nations are set to make rules again the funding of crypto-currencies.
The Central banks of the top developed nations around the globe are taking these initiatives and working on the ideas which shall soon be implemented and this create a huge dent in the price of Bitcoins. We dont know if they can ban Bitcoins or not but certainly a huge downfall in the price of Bitcoins is something that we shall soon witness.