Why the explosion of Bitcoin and crypto's are here to stay
bitcoin·@jetblake·
0.000 HBDWhy the explosion of Bitcoin and crypto's are here to stay
 The current Fiat monetary system is collapsing at a rapid rate. For example, on November 14th, 2017 Bloomberg News wrote this article: Bank Deposits No Longer Off Limits as ECB Seeks Power to Freeze. The peak of economic confidence has been reached and now is waning. The powers to be are well aware that runs on banks are coming. This is why they want legislation put in place to prevent people from withdrawing their own funds from the banks. Globally, people are waking up to the fraud and instability of the banks. Everyone is running to financial safety. The three main financial safe havens are physical gold, silver and crypto currencies. The 1000% gains in crypto's is only the beginning. There is over $24 Trillion Dollars that will find it's way into the block chain and crypto's over the next 10 years. Early adopters will be handsomely rewarded. Right now, hundreds of Fortune 500 companies are developing a crypto division within their corporation. Large retailers are developing applications to except Bitcoin, Litecoin, Dash, Ethereum and many other crypto currencies as payments. Retail payment processing giant Square announced the other day they are developing Bitcoin apps for receiving retail payments. This will directly compete with the Visa, MasterCard, Discover, AMEX payment systems of today.  Shinhan, the second largest commercial bank in South Korea by market valuation and consumer base, has initiated the testing phase of its bitcoin vault and wallet services. According to Cryptocoins News, Shinhan serves millions of active users and tens of thousands of corporations in South Korea, the integration of a bitcoin vault and wallet platform into the existing infrastructure of the Shinhan banking system would immediately introduce bitcoin to the general consumers within the region. AUSTIN, Texas, Sept. 18, 2017 /PRNewswire/ -- Kuper Sotheby's International Realty is now the first brokerage in the State of Texas to close on a home purchased entirely with the popular cryptocurrency, Bitcoin. Yes, even real estate is being sold using crypto currencies. Propy is one of the first block chain crypto real estate global corporations to utilize the new FinTech revolution. In Dubai, The Knox Group of Companies, with headquarters in the Isle of Man, announced late on Tuesday it will launch a residential and commercial property development in Dubai valued at 250 million pounds ($325 million), with residences that can be purchased in the digital currency bitcoin. The company said the 2.4 million-square-foot (22.3-hectare) property venture called Aston Plaza and Residences, consisting of two residential towers and a shopping mall, will be the first major real estate development that will accept bitcoin as payment.  These are just a sampling of why Bitcoin and crypto's are here to stay and will continue to reach new all time highs over the next decade. As I have written before, every week you delay in learning and getting into crypto's you are loosing thousands of potential dollars in gains. Read and study all that you can about this global financial sea change that is happening. You will not regret the time spent to learn and use crypto currencies. images from: stubbornmule.net, engadget.com, coinjournal.net www.bloomberg.com/news/articles/2017-11-14/eu-eyes-capping-deposit-withdrawals-when-banks-are-found-failing www.cryptocoinsnews.com/south-koreas-second-largest-commercial-bank-is-testing-bitcoin-vault-and-wallet/ www.prnewswire.com/news-releases/first-bitcoin-real-estate-purchase-recorded-in-texas-300521282.html www.khaleejtimes.com/business/real-estate/you-can-buy-this-dubai-property-by-paying-bitcoin