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21/10/2020
Former PwC partner to launch New Zealand ‘Power Dollar’ stablecoin..
Power Finance, led by a former PwC partner, plans to launch a New Zealand digital dollar stablecoin early next year.
New Zealand-based financial services company Power Finance plans to launch what it’s calling a “world-first” digital version of the New Zealand dollar. ..
The “Power Dollar” is not government-backed, however, and is more akin to a stablecoin such as Tether than a true digital dollar. It is being set up privately and will be backed one-for-one by New Zealand dollars held by Inland Revenue through its tax pooling system...
The company is led by former PwC banking and capital markets partner Dave Corbett, and is backed by British investment firm Centrality Ventures as well as others...
Buying or Growing Bitcoin.
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SWIFT transactions SUSPENDED
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The central bank of Kyrgyzstan has disabled cross-border transactions on the SWIFT financial network amid widespread unrest over the country’s disputed parliamentary elections.
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Aida Karabaeva, an official representative of the National Bank of the Kyrgyz Republic, announced a temporary suspension of SWIFT in Kyrgyzstan in a statement on Oct. 7.
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According to Karabaeva, the bank decided to suspend SWIFT transactions in order to prevent capital outflows from the country and ensure the safety of assets. The executive claimed that the bank is planning to resume SWIFT transactions as soon as the situation in the country stabilizes:
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“The measures taken are necessary to ensure security of the system and the safety of assets. The National Bank is monitoring the situation, and as it stabilizes, the banking system will resume operations in normal mode.”
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In layman’s terms there’s no way for the public to send money out of the country, simply put, there currency is going to crash and so your wealth disappears into thin air.
UNLESS
Unless you have access to crypto.
BTC or even a STABLECOIN would work well in situation like this.
Pitty these poor folks don’t read Full Time Crypto
DID you atleast buy some BTC yet , if not ask me how
08/10/2020
Our favorite CRYPTO COIN could go from 10K to 100K in 5 years as crypto becomes 'digital version of gold'
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The price trajectory for bitcoin is up, according to Bloomberg Intelligence, which sees the popular cryptocurrency adding another zero to its price tag and trading at $100,000 in 2025...
Bitcoin has had an impressive growth cycle in the last ten years, rising from $10 in 2011 to $1,000 in 2013 and to $10,000 in 2017. And even though Bloomberg Intelligence foresees a slightly slower growth path going forward, it does not rule out a $100,000 price tag in 2025...
At the time of writing, bitcoin was trading at $10,582, down 2.08% on the day.
"Bitcoin could continue doing what it has for most of its nascent existence, appreciating in price on the back of increasing adoption, but at a slower pace as we see it...
The first-born crypto has had a tendency to add zeros to its price from around $10 in 2011. It took about four years to go from $1,000 to $10,000 in 2017, so doubling that time frame for maturation could get the price toward $100,000 in about five more years," wrote Bloomberg Intelligence senior commodity strategist Mike McGlone...
That said, can you really afford not to buy a bit of BTC...
Or..
Do you own a little BTC ,but is it growing ?..
So..
Contact me for more information on how to buy and grow your BTC...
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