What you will learn in this article:
– Escape the traditional banking system

– Access the power of compounding

– How to buy the next Bitcoin (at a steep discount)

Blockchain technology provided us a clear escape route to exit the tyranny of the traditional banking system. In the beginning, Bitcoin showed us the future of currency:

– It offered an alternative to fiat currency

– It introduced a digital form of money

– It allowed us to transact without a bank

On the other hand, Bitcoin failed as a currency for three major reasons:

The blockchain’s transaction time is too slow

It’s too expensive to transact using Bitcoin

Bitcoin’s volatility is too risky (the value can swing up to 20% within 24 hours)

Now a new era has begun, and Bitcoin is getting left out. Just as dial-up internet showed us what was possible, as Facebook replaced MySpace, as iPhone replaced Nokia, as Google replaced Yahoo…

One innovative coin is about to take the throne of the number one cryptocurrency.

How Does Bitcoin Keeping Its Number One Spot?
We know that Bitcoin has shortcomings as a digital currency, but how is it sustaining its value around $60,000? Why is it still so popular among investors?

The answer is pretty simple: It’s the mother of all cryptocurrencies.

Although Bitcoin was too slow, too expensive, and too volatile to be treated as a normal currency, Bitcoin has become valuable as a store of value.

Similar to Gold, people buy and hold Bitcoin because they know that its value will increase over time. Hence, it is seen as a digital store of value.

Therefore, Bitcoin has forever secured its position as a store of value, leaving the world of crypto with a huge vacancy to fill.

The Opportunity to Fill the Void
Bitcoin has reached the hall-of-fame of cryptocurrencies, leaving the top spot up for grabs.

Which Coin Is Capable of Filling the Void?
With all the cryptocurrencies available in the market today, which of them is going to be the next Bitcoin? Which decentralized form of currency will actually fulfill the goal of Bitcoin currency in the first place?

In the foreseeable future of crypto, is there going to be a real, viable cryptocurrency that would allow “bankless” transactions?

Creating a Complete New Economy
With the invention of cryptocurrency, we can create a completely new economy without banks or institutions that only serve to make the wealthy wealthier.

The holy grail of cryptocurrency can only be found when crypto turns into a CURRENCY when decentralized digital money finally becomes a currency recognized by all governments.

The Biggest Questions Needed to be Answered
Can it be done?
Can we reduce transaction costs?
Can we increase transaction speed?
Can we eliminate its volatility?
It’s All Possible Through Blockchain Technology
We can fully understand the situation by slowly digesting the following information:

Solving the speed problem
For years, Ethereum currency has been saying that it will shift from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus. This shift will radically increase the blockchain’s transaction speed.

The PoS mechanism allows a blockchain to increase the speed of its network; or in this case, the processing speed of any coin. PoW requires huge computation power, which makes it slower compared to PoS that only requires staking.

Reducing transaction costs
Congestion on the network raises the transaction costs within the blockchain. Many factors affect the congestion in a blockchain, including increased usage and slow transaction speed.

Therefore, it follows that Ethereum’s move from PoW to PoS consensus drastically reduces its transaction costs. More than that, the shift will also boost its overall performance.

Stabilizing price volatility
Three problems need to be addressed before crypto can be considered a viable digital form of currency. Aside from speed and cost, price volatility should also be taken into serious consideration, and this is where it starts to get really interesting.

You have to understand a few important key points before we can get to the bottom of this.

A New Era of Possibilities Through Blockchain
Blockchain technology has offered us so many innovations in the field of finance. It eliminated the need for a third-party institution to validate our financial transactions. We no longer need banks to keep financial records in check. These concepts have already been well-established, and they are the foundation of the success of crypto.

Bitcoin Has Brought Forth an Innovation We Can Use
Although Bitcoin failed to become a complete currency, it did show us an innovative concept we can utilize to improve other cryptocurrencies:
The supply of Bitcoin gets cut in half every four years.
Think about it. We can’t cut the supply of oil in half. We can’t just shut down half the gold mines in the world. We can’t just as easily cut the supply of fiat currency in circulation.
And yet, with the miracle of blockchain technology, Bitcoin has proven that we can do it. Cutting the supply of Bitcoin in half became possible through ANCHOR RULES.
Utilizing the Idea of Anchor Rules
The principle of anchor rules allows us to take a beneficial idea and add it to a coin’s blockchain. By embedding the rule inside the code or essentially anchoring it on the coin itself, we are able to create the same effect on the crypto’s supply.

In other words, we can use Anchor Rules to embed specific instructions, features, or rules into the code of a cryptocurrency. The only reason why Bitcoin’s supply can be halved every four years is because that rule is embedded right into the coin’s code.

It is Anchored!

The Implications of Bitcoin’s Anchored Rule
It already happened three times for Bitcoin. They actually call it “The Halving”, which means that the supply of the entire coin was literally halved

This is so critical to understand that this idea allows us to embed anchor rules into the code or program of any coin.

And this creates a whole lot of new possibilities: Anchoring to the last highest price of gold.

For example, the Tether is a crypto coin that has been set to the value of the US dollar. Its value at one USD is “anchored” or embedded into the code of the coin.A coin is a digital entity that can be programmed to have a set of rules or specific instructions embedded into its code.

With this principle, now it becomes very clear that the perfect Digital Currency is about to be born.

The two requirements, speed and transaction cost, have already been solved thanks to the PoS consensus. Now it’s only a matter of time before we can solve the problem with price volatility – through anchor rules.

Prepare for the Next Bitcoin!
Now that we know the principle of Anchor Rules, all that’s left is its application to the currency codes of cryptocurrencies. If we just get a bit more innovative, it’s possible that we finally create a viable, fast, cheap, “transatable”, and stable digital currency.

The next Bitcoin is already in our midst.

One new coin, in particular, has just been introduced that meets all three criteria we’ve mentioned.

It used an innovative form of PoS with transaction speeds at 2000/second
Consequently, its PoS consensus reduces the coin’s transaction costs.
The value of this coin is anchored to the LAST HIGHEST PRICE OF GOLD.
It is NOT anchored to the value of the US Dollar
It is NOT anchored to the price of gold
It is NOT backed by gold
There Are More Innovations Coming
There are 5 more innovations we have to watch out for.

The Power of Compounding for the People
If you look at how much interest you pay on your mortgage, it is absolutely shocking how much a bank earns from it. They don’t just charge interest; they charge the people with a Compounding Interest.
Banks earn trillions of dollars every year by charging the people with Compounding Interest, which creates an incredible wealth-creation vehicle – at our expense.

We suffer from compounding interest because of the way our banking system is set up. The majority (the people) are providing wealth for a minority (the wealthy).

The system was built by the wealthy for the wealthy. They created the system for themselves in such a way that they can always benefit from it.

Now imagine a currency that earns a compounding interest but gives that power back to the people. Imagine how much money it could generate if all that wealth created by compounding was distributed to the majority rather than the minority.

Just think about how much you could potentially earn or save for your children when all of this finally becomes a reality, which is already about to happen thanks to the power of blockchain technology.

(If you want a more detailed explanation of how you can earn compounding interest daily at 12% per annum, you can watch my interviews at A New Financial Ecosystem for the People .)

Innovations in the Blockchain Consensus
When trying to learn the fundamentals of currency or digital currency for this matter, it’s imperative to understand the idea behind the consensus.

The good news is that it’s very easy to understand. Here’s a little analogy to keep you up to speed:

If someone gives you a $100 note, you both need to agree that its actual worth is $100. It should be clear that its value is exactly $100, and it is not backed by anything. So the only reason it has a value attached to it is that you both agreed to its specific worth.

This principle is known as consensus. It is the agreement on the value of a given currency.

Now let’s dig deeper into this idea.

If someone were to give you a $10 note, and you’d somehow both agreed that the note is worth ten times less than the $100 note earlier.

You both know the specific value of the notes because you agreed on it, which is exactly the principle behind the consensus.

The same principle applies to cryptocurrency.

Now let’s talk about how Bitcoin utilizes the mechanism of consensus. Why does Bitcoin have its current value? It is not backed by anything. Its value is not anchored on a real-world commodity.

However, the people see it now as a store of value, which is enough to give it a certain value through the principles of consensus.

Adoption of a Coin’s Consensus into the Real World
The value of a currency depends on the willingness of businesses to accept the currency at a specific value. However, there’s another condition that should be met.

Businesses should agree to accept a crypto coin at a given value; at the same time, the holder should agree to transact using the coin at that same value.

If these two conditions are met, there would be an agreement or consensus at that specific value.

On the other hand, for this consensus to take effect, both parties have to feel confident and safe with the value of the coin.

This is one of the big reasons is why Bitcoin has failed as a currency. It is too volatile to create a consensus at any specific value, making it nearly impossible for business owners to feel confident in it as a currency.

If holders and businesses do achieve a consensus, if they can agree on transacting the coin at a given value, the digital currency will obtain tremendous credibility. This is referred to as Use Case.

Use Case simply means the real-life use of a cryptocurrency.

The core question lurking behind every crypto is: Can it achieve a Use Case?

It’s easy for a coin to present its purpose in theory, but achieving or fulfilling this purpose in real life is quite difficult.

Therefore, if you see a crypto coin with an anchored value, consensus, allows between users and business owners, it means that it’s already experiencing a breakthrough. Holders of the coin would have to use it as a form of payment and hundreds of merchants should accept it at a specific value.
When this happens, the coin will finally achieve its Use Case. The real breakthrough in digital currency will now be available for the first time.

(For further explanation about this aspect of the innovation in cryptocurrency, you can watch my interview in A New Financial Ecosystem For The People )

What’s Backing This Coin?
There are two more ways to create stability in the world of cryptocurrency:

The coin should be backed by something.
If a new digital currency is created, it’s normal to ask what’s backing it? How does it have real-life value?

This can seem like a very natural question because fiat money used to be backed by gold, but it no longer the case because our money today is backed by consensus.

On the other hand, the goal of a new coin should be to reduce as much doubt as possible. The people should be able to trust its value.

Other cryptocurrencies have already done this. These coins are backed with physical gold to ensure that they have real-life value.

However, there would be two problems we are going to encounter with this system.

It’s not such an innovative idea.
Many coin developers have already done it. Anyone capable of creating a blockchain can back their coin with gold.

Since blockchain offers many possibilities, it makes sense to seek more innovative technologies other than today’s present ones.

It takes us right back into the old system.
We’ve already done it before, and we’ve witnessed how it was abused by the minority. This system is rife with manipulation and built for the wealthy.

Therefore, the better option would be to find a currency that is backed by consensus and does not directly link back to the old financial ecosystem.

On the other hand, we still have to consider the value of gold because it does have an established value in the real world.

With this, we can see that the perfect marriage between the accepted value of gold and this new era of possibilities will yield two amazing results:

A. Anchoring the Coin’s Value to that of Gold’s
There’s a new angle that should be considered. Rather than backing it with gold, it can simply be anchored to the value of gold.

Through this system, the coin can avoid a direct link to the old system.

B. Earning Back the People’s Confidence
The main reason why people tend to ask whether a coin is backed by something is because of the issue of trust.

Therefore, they would feel more confident when the coin’s value is anchored at the last highest price of gold.

Embedding the Quantity Theory of Money
From the question “What’s backing it?”, the attention will shift to the coin’s program or code. Does the coin really have such an embedded rule within its code? How can we ensure that the code really anchors the coin’s value to the last highest value of gold?

Now, this is beyond the issue in consensus.

In the field of Economics, we have The Quantity Theory of Money, which can assess and determine what is required to stabilize the value of a currency.

The Quantity Theory of Money can be embedded into the code to further back the and ensure its stability – even beyond the power of its consensus.

It’s similar to the idea of “double validation”.

The good thing is that we can already create this system because of the power of blockchain technology. We can create double validation by embedding The Quantity Theory of Money into a crypto’s code.

This is called a Non-Collateralized Algorithm.

It is an algorithm that is embedded into the code, eliminating the need to back the coin with physical objects or commodities.

With all of these, we can now anchor the coin’s value and embed additional features into its code to create the ultimate form of digital currency.

Triple Validation
To finally create an ultimate digital token, we have to take the double validation concept one step further, which leads us to Triple Validation.

This new coin can prove its worth in so many ways.

For example, 50% of all coins will be sold from a reserve pool, and the funds raised from those sales will be deposited into a Fiat Reserve pool.

The funds from this pool can be used to balance the value of the coin – whether that value is too low or too high. This is validation number three (should it ever be needed, although it may never be.)

This high-performance new coin is:

Backed by actual money

A non-collateralized algorithm

A consensus with Use Case

Make no mistake about this is currency. The emphasis on those three major aspects is on the consensus that includes Use Case, which is the real-time, real-life exhibition of the coin’s value.

Contact us for a NO-CHARGE, NO-OBLIGATION Digital Currency Consultation

In our session, you can ask any questions you want to be answered.

There is only a LIMITED-TIME, SPECIAL OFFER until the official launch of the coin.

I believe we can do this – for our children and ourselves.

WE MUST DO IT!

We can exit the current banking system.

We can access the power of compounding.

If you want to learn more about this movement, click here to see a breakthrough interview that brings a whole new perspective to cryptocurrency!