#Blockchain Residency Program and ditch the Central Bank in favour of a #Cryptocurrency
Credit: CoinTelegraph
As an advocate of #Blockchain Technology and the benefits of the Decentralised Digital Distributed Ledger Technology, I first mentioned over +4 years that the future will see Central Banking replaced by #Blockchain.
Despite the objections and in some cases ridicule response I received, I never once changed my story.
Why? Because I knew I was right.
A World without Central Banking would have been totally unimaginable and unthinkable to have begun to suggest a decade ago.
Not now though, with the application of #Blockchain Technology.
Earlier today I was scanning my news feeds and came across this short article that I thought I would share with you.
Credit to CoinTelegraph for the content in the article.
Credit: CoinTelegraph
Migration from a Centralised Banking System to a Decentralised Banking System
Should this play out as suggested in the article then Catalonia would be the first in Europe to roll out a #Blockchain Residency Program at the same time as an independent Catalan Cryptocurrency in favour of a Central Bank.
This move would have huge implications throughout the World as the migration from a Centralised Banking System moves to a Decentralised Banking System.
#Blockchain Residency Program + #Cryptocurrency in favour of a Central Bank
As the World finally wakes up to the reality that the future will consist of #Blockchain Residency Programs and a #Cryptocurrency in favour of a Central Bank then we can all enjoy the migration to the New Global Financial System and ditch the archaic, antiquated and garbage Financial System that is still stuck in the 1970's..!!
It's funny, the ones who laughed at what I was talking about in 2013 are not laughing now as this migration is slowly but sure being chipped away at.
The World has moved on from the 1970's and it is finally time that people wake up to the reality that technology has moved on leap and bounds in the last decade.
For the ones who are still stuck in the 1970 methodology of a Central Banking and Central Monetary Planning, you do know that the Internet has been invented? Just saying..!!
Once again a great short article and credit to CoinTelegraph for the content.
Thanks for reading.
Stephen