Great Financial Reset: IMF Managing Director Calls for a ‘New Bretton Woods Moment’ with crypto?

(Last Updated On: October 21, 2020)
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Here is an article that was noted in my Facebook group. There will be some form of a financial reset thanks to this pandemic as defined by the International Money Fund. It will involve some central based rules on Digital Currency issued by central banks. This is why they are threatened by the original concepts of crypto coins like Bitcoin. So now they want to control and the access of point of it.

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As you know. Bitcoin (BTC) is now old as compared to a better alternatives like Monero (XMR).

https://news.bitcoin.com/the-great-financial-reset-imf-managing-director-calls-for-a-new-bretton-woods-moment/

XMR is not centrally controlled or owned so central banks and the IMF are threatened by it. Did you know the US Internal Revenue Service put a bounty on cracking the algo of private or anonymous coins like Zcash and Monero? Why do you think that is? And no, this has nothing to do with crime syndicates like they want you to believe.

You should be more concerned about your financial liberty as opposed to your local central bank having the ability to track your transactions. Why do you think they are threatened by private coins?

This does not take into consideration in how governments are getting desperate to subsidize their huge national debts which few talk about. They will need to implement higher tax rates as well to track your private transactions. I am quite surprised ignorant major media pundits are trying normalize this situation and vilify wealthy for wanting to preserve their capital.

Either way, you choose which way you go but there will be some form of financial reset to bring back control your government/central banks will have over you. Why do you think Monero has outperformed Bitcoin double or even triple depending on what time frame you look at?

XMR/Monero appears to be the only true last hedge out there in this financial calamity!

Bryan

PS. If you want to retain your financial control and secure your overall retirement security, you might want to get my Retirement USB. This is why I created this.

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
This entry was posted in Bitcoin Crypto Currency, Hedge Fund, Trading on by .

About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs