What would society look like without banks? An interesting question in these times when savings rates reach one low after the other. The bottom of the well is almost in sight. What remains? Negative interest.
Banks that benefit from your savings, but do not reward you. Banks that have your personal details and know everything about you. To whom you pay and who pays you.
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New Financial focuses on the new financial world, which is currently bursting loose. The new finances no longer take place in the form of banks, but in the form of block chains and cryptocurrencies.
Probably two concepts that you may have heard, but of which you have no idea what they mean.
New Financial explains it and prepares you not only to switch to the new money standards, but also to benefit from it.
Crypto currency has proven to be a golden investment. Bitcoins (only one of the many forms of crypto currency) have meanwhile reached an astronomical value of over € 10,000 each. And that while the coin cost less than € 0.04 each in 2010!
In 7 years, the Bitcoin has made millionaires of many who have believed in the currency and have continued to believe it. At least as many people have regrets as hairs on their heads that they have never stepped into the Bitcoin digital currency.
But don't worry, because there are alternatives.
New Financially helps you become wiser and helps you make the right decisions about cryptocurrencies.
New Financial informs you about the following:
Bitcoins : Both buying and selling Bitcoins are discussed. As well as Bitcoins security .
Blockchain : All information about the technology behind crypto currency.
Hopeful alternatives to the Bitcoin, such as Ethereum , Litecoin , Monero , Dash , Iota , Ripple and Reddcoin .
Cryptocurrencies as a new financial payment method
New Financial for New Trust
Research shows that very few people still have faith in the banks. Since the last major financial crisis, which began in 2008, people have lost their faith. Mortgage rates continued to rise, loans became more expensive, savings rates were shortened and banks collapsed.
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Logically, people started looking for other ways to grow their money. Investments, for example. But those too did not turn out well and proved to be risky.
Cryptocurrencies have turned the financial world upside down.
There is praise for the Bitcoin, but also disapproval. Critics warn time and again for a bubble, while proponents put all their assets in Bitcoin. Two extremes, in which you as a private person must choose the middle ground. Because how can you benefit without running too much risk?
The cryptocurrencies are the future. More and more companies are switching to the use of crypto currency. Why? Because they are safe, increase in value and - above all - go completely outside the banks. Banks no longer have any influence over the crypto currency. You are the only one who has influence. The only one who knows what you do with your cryptocurrency. Whether you want to pay for a pizza with it or buy a hunting trap.
That is perhaps the best thing of all. The cryptocurrencies, the New Financial, creates New Trust.