Great Reset — War of Real Money -Cryptocurrency
What is Money?
Money is a medium of exchange. Our discussion here is the effect that makes money valuable. The effect that makes money valuable is the socio-economic, political and military power of the country where that money is minted. Technically, the stronger a country is, in simplest terms, the more valuable that money is.
When I talk about the concept of value, I am not talking about the value of one currency in terms of another currency. I am talking about the acceptance of a money around the world and the trust in it. For example, one Bahraini Dinar is 2.45 $. However, nobody wants to shop with the Bahraini Dinar. Nobody wants to keep the Bahraini dinar in their safe or lend money to anyone in Bahraini dinars. Because Bahrain’s population is 400,000 and Petroleum accounts for 70% of their income. It is a small gulf country. When you wake up tomorrow morning, you may not be able to see it where it is. In such a case, if you have Bahraini dinar, you will only keep it as a souvenir.
In the light of all this information, as you can imagine, the most accepted valuable currencies in the world appear as currencies such as Dollar, Euro, Yen and Yuan.
In addition, Virtual Money — Bitcoin, Eterium etc.
Virtual Currency — Bitcoin
Bitcoin is a cryptocurrency operating on the Blockchain platform, invented in 2008 by an unknown person or a group of people using the name Satoshi Nakamoto and launched in 2009. Bitcoin is basically a software-generated certificate. I want to come to our main topic without going into technical details.
We said that what makes money valuable is the powerful state structures behind them. So where does the value of Bitcoin come from? Technically, Bitcoin is a transfer currency. In other words, it is used to transfer money from one point to another point in the world with crypto, without any tax deduction, without any expense and without any follow-up. This is the main purpose in its design. You are producing this certificate by data mining. Its basic logic is based on the computer finding a certificate by performing a series of calculations. During this process, devices consume a large amount of electrical energy. Result; you convert electrical energy into money. Since it is a transfer vehicle, we would logically predict it to look like a check. Therefore, you first convert some money in your own currency to Bitcoin, and then transfer it to where you want to send. The person there will convert this certificate to the currency you send or another currency based on the value you send.
When Bitcoin was first released, one Bitcoin = $ 1.3, while it was $ 6 a year later and $ 190 in 2013. Bitcoin was transformed from a transfer vehicle into an investment vehicle. Therefore, people were buying and hiding Bitcoins. By 2018, Bitcoin approaching $ 18,000 fell below $ 10,000 with the compression of central banks.
So, what makes Bitcoin valuable? How can people trust and invest in this currency when there is no state, political and military power behind it? It is actually a kind of gambling game.
What really makes Bitcoin valuable is the sociological effects of the harsh movements of global capital on the market on people. In other words, people are affected collectively and change their behavior according to these effects. Let me give an example; you buy Bitcoin with $ 1 Billion, the next day you buy $ 2 billion, the next day you get $ 2 Billion of Bitcoin. On the 4th day, the middle capital group is affected by these movements and collectively makes a purchase of $ 20 billion. On the 5th day, small capital groups affected by all these movements want to make a huge purchase by gathering, and suddenly a demand of $ 50 billion comes and the value of Bitcoin begins to increase inexplicably. These movements are nothing but the sociological reaction of society.
Therefore, Bitcoin actually has no material value.
Bitcoin which was around $ 10,000 on September 25, 2020, reached $ 40,000 in just 3.5 months as of 08.01.2021. Currently it is around $ 34,000.
No investment vehicle with such a large volume in the world has brought 400% in 3.5 months.
Therefore, the balloon is inflating. A non-existent value, when we wake up tomorrow morning, we can see a bunch of small investors with no money left in their pockets and devices that have gone get attacks.
So how long will it swell? Obviously, we do not know. However, I think; the signs of a great war between real money and virtual money become clearly by 2021. So, on which platform will this war take place?
Physical-military? Is it in cyberspace? Political?
It can be all. Alternatively, it might just be one. The important thing is what those who will start the attack expect from the society. So, who will win? While real money accounts for more than 95% of the entire money supply in the world, it seems that an attack by real money on virtual money cannot bring about a major social transformation.
However, virtual money becomes much more valuable and if people invest their money in virtual money and the value of virtual money reaches around 20% of the total money value, an attack on virtual money can then cause a social chain breakdown. With an attack of virtual money to real money, it is more likely to initiate a social transformation. However, the limited means to be used and the lack of any political-military power behind it seems to limit this possibility to some extent.
Maybe this is the Great Reset.
So, what should be used as an investment tool? What should be invested in?
In return, everything that is a commodity can be invested in. A company’s stock, house, land, real precious metal can be good investment tools.
What about Bitcoin-Virtual currency? Escape without looking back!
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