Will Crypto Rise If the Global Financial System Collapses?

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Are people growing tired of people coming out talking about a global financial collapse, or are people waking up to the idea that this is a serious matter? Another person has come forward expressing the looming threat of another crash and has even made a statement pointing towards cryptocurrency’s bright and potential future. Who was this person? Erik Voorhees, who is the CEO of ShapeShift which is a cryptocurrency exchange company. From this Crypto News Review:

…He stated his belief that crypto was poised to come into its own should the current financial system have another dramatic tumble.

‘When the next global financial crisis occurs, and the world realizes organizations with $20 trillion in debt can’t possibly ever pay it back and thus must print it instead, and thus fiat is doomed. Watch what happens to crypto’, he told his followers.

‘Ultimately the world will move away from fiat money (printed without end, trending toward zero) toward crypto money (known, transparent, fixed supply, not subject to politicians’ opportunism).’

You can also see it from his Tweet last week.

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If you’ve been around reading GODcoin’s articles you’ll know that he’s right about two things:

• A global financial crisis/crash will occur as many experts in the field are discussing the warning signs
• Cryptocurrency will be the new tradable money

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Of course, at that time, cryptocurrency will give a new perspective to all, but the only thing is, if you lose all of your fiat currency when the crash occurs, how will you be able to secure crypto? That is the dilemma of the investor and not only that, but there are risks around every corner. So, this is where a person has to assess their risks and go for the option that suits them best. Now, we can already see the overall risks of not investing in cryptocurrency now while the market is still surviving, but there is always the risk of investing in the wrong type of cryptocurrency. Well, thankfully, this is where GODcoin is going to help investors see the illuminated path of non-volatility. As cryptocurrencies such as Bitcoin and other non-asset based cryptocurrencies are extremely volatile, there is also a high risk of losing a lot of your investment, and fast! This is where GODcoin will alleviate those risks because it will be backed by tangible assets such as gold and silver. Those precious metals have always set a standard and will continue to do so in the future.

This article was authored by Judith Monte, @belovebelight

There are many advantages to GODcoin especially since it is one of the few coins that will be backed by gold and silver. Not only does GODcoin offer the illuminated path towards a prosperous future, but very soon, it will be the global currency. To learn more, visit the following links:

 View the history leading up to the white paper

 View the white paper

All information provided is available on the official website at https://godcoin.gold

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