Diary Update #24
It’s 2 weeks before QDAO DeFi v2.1 is released. This update means new terms for the current program participants and additional opportunities for Noah Citizens. We continue to share exciting information about QDAO DeFi and our thoughts on the current financial situation. Check it all out here!
A safe haven of QDAO DeFi
QDAO DeFi is one of our main products and it’s developing insanely fast! It provides protection during the financial storm, so we actively call for our community to stay safe!
#1
Have you noticed how fast the financial landscape is changing? Fiat money is losing its value and will soon become just pieces of paper. Governments are actively testing digital currency formats. Physical banks are giving way to online platforms.
The lockdown is contributing to the digitalization of the world. If you want to order food or any other item — it can be done online through a delivery system. Millions of companies have moved to outsourcing and I am sure that many of them will remain so after the lockdown ends. Physical presence is becoming obsolete.
QDAO DeFi is a part of the financial world of the future! It is an excellent banking service with high interest and stable dividends. I am glad that we have managed to make such a sought-after product that is only at the beginning of its journey.
You can become part of the digital economy and earn money without leaving your home, right now. Buy BTC or any other cryptocurrency and store it in DAO DeFi — that’s all you need to do. We will take care of the rest!
We use cold wallets with the highest level of security as well as acting in accordance with an EU license. Your assets are completely safe and generate solid passive income with QDAO DeFi.
#2
BTC-whales are playing their tricky games, as always. This situation could be used as a good entrance into the Bitcoin market.
The halving is on the way and the price will rise — use this chance to purchase BTC and earn a solid profit! 💵
Boost it up with the help of QDAO DeFi. Earn an additional 7.38% in passive income per annum in BTC or up to 8.31% in altcoins.
I’m not a financial advisor but in my humble opinion, money must WORK! Otherwise it is inefficient. QDAO DeFi is an easy way to keep funds safe and make them work in a passive way. What could be better?
Actually, there is one thing that surpasses this option — yes, I’m talking about QDAO DeFi v2.1. On June 1st, Noah Citizens will boost their profits tremendously, according to their status.
Earn up to 5% on your QDAO DeFi just by purchasing Noah Citizenship today. Real profit starts here!
What is wrong with the financial system?
Anton decided to share his vision of the financial system and cryptocurrencies as an alternative. It’s a long road full of deep thoughts. Here are the first diaries of the series.
#1
I would like to share my own thoughts about the financial system and how cryptocurrencies will change it beyond recognition.
We sacredly protect our beliefs and interests, sometimes ignoring the realities. But there is something that puts everything in its place — and this thing is ‘time’ . Even logic is not able to withstand it.
Few people think about how money works. They just want to have as much of it as possible. The principles of the monetary system itself are almost never called into question, so long as it works.
But then a failure occurs — i.e. the financial crisis. “It’s okay,” people think. Then another and another and another happens… and they are happening more and more often. Logic starts to crack here and common sense tells us that something is wrong.
On the other side, cryptocurrency is appearing. It enables the sending of money to any country in the world in minutes and it costs a couple of cents. It is exempt from tight capital controls by the government. It cannot be reprinted in just the right amount to cover the budget deficit.
Using crypto money is logical. It offers the gift of freedom. However, to recognize it as a user of the traditional financial market is tantamount to a betrayal of one’s own beliefs. But this progress is inevitable.
#2
What gives money its value? Previously, there was gold backing every dollar but these times are long gone. As the printing press works, the only thing that gives value to money is faith.
Let’s turn to common sense again — why are BTC and ETH worse than fiat money? In my opinion, they are better. However, the majority of ordinary people will say they are not money at all. Time will force them to change their point of view, it has already begun.
In 2007, Steve Jobs introduced the iPhone — the first touchscreen smartphone without buttons. When he was asked, “will people give up the usual physical keyboard in favour of the touchscreen?” he answered shortly — “they will have to.”
All opponents of cryptocurrencies will have to face the same thing sooner or later — because they will have to accept the inevitable changes in order to survive. After all, bankers, politicians and the impending economic crisis aren’t planning to offer a choice.
#3
The financial system we inherited is built around banks. They are the foundation of the global economy.
It’s banks that carry out money transfers. For performing these primitive operations and for accessing their outdated system, bankers charge impressive fees. About 6% of the global economy’s turnover is taken by banks, simply for using their prehistoric infrastructure.
Bankers are convincing everyone that cross-border payments are expensive and difficult to make. Yeah, sure… of course it is. Making fire in a primitive way is not an easy task but there has been a lot of progress in this area.
However, banks and progress are the exact opposite. Bankers are well aware that we are not going anywhere and therefore consider themselves to be the kings of the scene. But does this self-imposed status give them the right to charge people 25–30% per annum for credit card debt?
It’s great to be at the top of the food chain but dinosaurs are extinct while ants and cockroaches are not. The time is right for the banks to face a choice — either adapt or die.
#4
It’s hard to say what’s worse — arrogance or impunity? But the central and large commercial banks have more than enough of both. We are approaching an unprecedented crisis as a result of their behaviour.
Mankind’s activity has created enormous macroeconomic imbalances, in other words, it has created bubbles:
- the largest bubble in the history of the securities market (a bubble of equity buybacks by many companies)
- the largest wave of newly made pensioners is approaching
- the largest corporate debt bubble
- the student debt bubble
- the car loan bubble
- the bubble of ETF’s and index funds
- the bubble in the international loan market
- the monetary policy bubble of central banks
- the banking crisis in the EU
All these bubbles have been inflated for years and in early 2020, a needle has appeared. Are you ready for a record reduction in GDP that will change the status quo?
Thank you for delving into our diary. Hope you enjoyed it. Don’t forget to reward our efforts if you found them useful by coming right back in a week!
You can always find all our updates first-hand, just follow these links:
Noah BTCNEXT Exchange:
- Telegram for the English speaking community.
- Telegram, LINE or LINE OPEN CHAT for the Japanese speaking community.
New Noah Blockchain ecosystem:
- Telegram for the English speaking community.
- Telegram, LINE or LINE OPEN CHAT for the Japanese speaking community.
