If you have not heard the government is looking at adopting it's on cryptocurrency. This plans will alter the space, and flow. This could also cause extra balance and higher acceptance for cryptocurrencies as a hole. This new government coin called the Fedcoin. Some say this is a good thing but most are saying this is the beginning of the "New World Order".
Now that amazon has secured the name amazon cryptocurrency and amazon blockchain other corporation are paying close attention.
You can now get crypto currencies as part of some IRA's to say the leas, cryptocurrency is here to stay. With this big change coming the U.S. Government is not going to be left out of the loop, also looking to develop a fedcoin as our Social Security, government assistants and medicare is due for an overhaul.
Some would state this is a great thing but is it?
If and when this new coin takes off, will it be the end all to be all some would say...
Now that Mark Zuckerberg of Facebook has been asked to speak with congress regarding its data breach selling all our personnel information to Cambridge Analytica as stated all over the news.
Also, you may or may not have received an email from Microsoft informing you of their new regulations regarding your privacy when it comes to all their online products. I'm sure there will be others to follow.
In other words they are all doing this. He is just the first one to get called out on it. What does this have to do with the government and it's new coin?
With this new found blockchain technology connected to the Fedcoin anonymity will truly be a thing of the past and the government will know your every move by what you buy, medicare and the H.I.P.A laws fly right out the window, your taxes well let's just say, will be collected ASAP.
Now all that's been said we come to another issue that you can check out at:
http://oneofakindbydesign.com/investorrsquos-blog/what-you-should-know-now-about-cryptocurrency
(But first continue reading )
When it come to cryptocurrency and the new world order more information is provided on the above link but let's just move forward. Right now, I'm just going to focus on how this change is about to take place.
If you are over the age 45 some a little younger you may have noticed that we are almost a cashless society, Jobs are using direct deposit. no longer are most receiving a paper check unless you are a online marketer or contractor . Also you know longer can go and fill out an application in most business, it must be done online.
Is this truly for convenance? But of course it is....
It's also apart of conditioning you to be better prepared for what's to come. See generation X was the last generation closer to the middle of the industrial age. When our parents had jobs they was proud to be apart of a company due to its stability.
But I digress....
What does it all mean? Most of our great grandparent where ether sharecroppers, worked in the homes as nannies or had their own small business that they had full control over. Also during this time most black american was also republicans if you can believe it.
But something changed...
This was a big problem when it came to collecting taxes and as you may, or may not know. Most banks was the bottom of our grandparents mattress or hidden under the floorboard in the henhouse. Then came the industrial age, where you reported to work for the benefits of regular paycheck that came on time once a week. Helping grow companies as large as they are today.
When the companies became larger regulation followed suit with the companies gaining more pull in our democracy. Now big business use money to influence congress to sway one direction or another. But we still have to power to vote out that governor that is so called looking out for our best interest.
Now with new technology more and more people are finding ways to become their own boss again and history is about to repeat itself but not without a twist.
This new fedcoin may are may not become the new U.S. Currency in the future. But, that money you have in your wallet, will know longer be of any use buy the end of the century. Europe has already adapted to the microchip and it used for everything from clocking in to work to buying food and paying bills. So we are not that far behind. Only our technology will include the fedcoin as our new currency.
Do you see where I'm headed with this?
This is just something to look out for in the near future. We may have steemit, bitcoin, aetherium and some others but will they all be governed by this new cryptocurrency call the Fedcoin.
I would truly love to hear what you think about this and if you have anymore information on this subject that you would like to share. I truly look forward to it in the comments below.
This is my first post so I needed to share with you what I've hard from some insiders and get your opinion on it.