Why Hyperinflation is already occurring; and the replacement of all global fiat currency by Cryptocurrency is underway.
We are already at the leading edge of Global
Hyperinflation, a mechanism through which ALL the fiat currencies will collapse.
But it is hidden, because people are looking in the wrong direction.
Traditionally, people think of Hyperinflation as a situation in which the local
currency of an individual country experiences very high debt, and accelerating
rates of inflation in the cost of goods, food and energy. This rapidly erodes
the value of the local currency, and causes the population to minimize their
holdings of local money. The current problem with using that traditional metric
is that technology is a) increasing our ability to produce and deliver goods
more cheaply; b) is increasing our ability to grow and deliver cheaper food; and
c) is decreasing the cost to tap into and deliver energy.
In traditional Hyperinflation, as debt and costs
increase, individual governments fire up the printing presses, printing more
fiat currency to offset the debt and rising costs of goods/food/energy. In this
case, on a GLOBAL Scale, we find ourselves in a once in human history scenario
in which technology has allowed the goods, food and energy producers to keep up
with the speed of the money printers through speeding up their production of
consumer goods, food and energy. So those traditionally watched consumer price
indicators don't show up, although the escalating global debt crisis is clear.
What is the single place we see clear evidence of
hyperinflation? Bitcoin (or Bitcoin Cash)! The "Replacement Currency". It is
clearly the leading indicator of hyperinflation. People think this is a bubble,
but this is just the very teeny tiny beginning of the curve. ALL Global Fiat
Currency is in the beginning throes of hyperinflation. It is ALL hyperinflating
vs Crytpocurrency. It’s not that you are getting ready to see the Bitcoin(s) "go
to the moon", as much as you are getting ready to see Fiat Currency "go to the
bottom of the deepest trench in the sea". In reality both will occur.
NOTE: Historically the best way to financially
leverage this is to take out contracts or loans on fixed percentage rates, and
reinvest the money into the new currency or tangible good that is
hyper-appreciating (bitcoin or bitcoin cash in this case). Your investment
skyrockets in value comparatively to the fiat interest rate you borrowed at, or
the cash equivalent value of a contract, allowing you to pay off the original
loans or contracts at a fraction of your investment profit.
I will repeat this. We are at the beginning curve of
fiat -> bitcoin hyperinflation, the end of which is that traditional global fiat
currency is replaced by bitcoin(s). This hyperinflation event began in the
Spring of 2017. Hyperinflationary events tend to only take 12 - 24 months on
average. The most extreme, and well known, was the German Weimar Republic. It
was over in less than 2 months. The remaining pieces in the Fiat -> Bitcoin
hyperinflationary currency replacement event are “Scaling” and “Adoption”.
Scaling is the technological process of allowing more transactions to occur per
second. That technological scaling upgrade is already underway and will likely
be completed in 2018. Adoption is when people start adopting and using the
currency. With 10’s of millions of global users, and the number growing fast,
that also is underway. Consider “Apple Pay” and “Google Pay” where you just pay
from your phone. This is the same payment concept which will allow people to use
Bitcoin instead of traditional Fiat Currencies (USD, Euro, Yen, Yuan, Ruble
etc). How fast could this payment transition happen? Well, how fast can several
billion people download an App?
Go to
http://www.Bitcoin.com and download your wallet. Get ahead of the curve. Get
Bitcoin (Cash).
NOTE: For more information on hyperinflation, see
wikipedia. It’s a real event that routinely occurs in countries. The difference
this time is that it will happen globally, in ALL countries almost
simultaneously. It makes sense... global world, global economy, global
technology tying us all together.... global money. Hyperinflation is the
dollar->bitcoin mechanism that will get us there, and that is why we already see
2, 3, 4, and even 5 digit percentage increases in Cryptocurrency valuations,
because it has already started.
https://en.wikipedia.org/wiki/Hyperinflation
CLARIFICATION:
The terms Bitcoin, Bitcoin Cash & Cryptocurrency are used rather
interchangeably in this paper. For more clarity on this see our section,
http://www.TheMountainsVoice.com/pub/02/bitcoiniscoming.html