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2015/07/15    Prediction: NuBits will get off the ground around the end of September 2015, when the financial and monetary crisis freezes the banking system

Based on this post that I made in disclose.nu, I am personally convinced that a severe monetary and financial crisis is necessary and will happen before the end of 2015, the most likely point in time being the end of September 2015, around or on September 23rd.

The direct consequences of it being mainly:

- a freezing of a substantial portion of the SWIFT/FIAT system (aka the banking system)

- a confiscation of a substantial portion of deposits

- capital control

In other words, not only you would see your money in the bank be confiscated at least partially, but also you would be very limited in the amount of money you would be able to withdraw and transfer locally and internationally.

In essence, commerce would be hugely hindered.

But the world cannot afford to be in a state of economic coma for a long period of time on the one hand and Humanity needs to learn to get independent from the financial slavery imposed by the current banking system that is controlled by the cabal.

Therefore, during that painful time, we would need to create quickly and use alternative money systems.

Gold and silver are nice insurances but they are not good as currencies since their supply cannot adapt easily to demand, making their price volatile.

What about crypto-currencies then?

As mentioned in this post from Stillness in the storm, according to David Wilcock, a researcher on the movement of Ascension, it seems that bitcoin which is the first crypto-currency ever to be designed, was created by the NSA in order to provide a back-up currency that is not under the control of the cabal, in case they shut down the financial system.

Remember that the looming big financial crisis is engineered by the cabal who wants to bring on Earth their new world order.

So the anticipation of a financial collapse as the main motive to create bitcoin makes perfect sense.

But the question is now: can bitcoin be actually used as a currency?

The answer is unfortunately “No”.

The reason is that bitcoin is volatile and its price will never get stabilized for there is no intrinsic mechanism that can adjust the supply according to the demand.

Thus, we need a crypto-currency that is stable.

It happens that there are several stable crypto-currencies out there, already such as  NuBits, bitUSD, Tether to name a few ones.

But the only true, independent, decentralized, counter-party risk-free, reserve-free, stable crypto-currency is NuBit (NuBits).

NuBit is pegged to the US dollar. So you might immediately think that NuBit would become worthless in case of a collapse of the US dollar.

Well, that is right. But nothing prevents the shareholders of Nu as you can see here, which is the decentralized central bank that manages NuBit to change the peg from the US dollar to say the Yuan or a basket of currencies or commodities,  within a short period of time.

By the way, when the crisis happens, I do not foresee a scenario in which the US dollar becomes worthless overnight because of hyperinflation.

I do not feel hyperinflation will happen. What could happen instead, besides negative interests, in which you see your money in the bank being stolen gradually (it is called a hair-cut), is a devaluation, such as a 50% devaluation of its value compared to foreign currencies such as the Japanese Yen.

So in that case, the US dollar will have less purchasing power but its role as a currency will be preserved.

Furthermore, according to Cobra, a representative of the Resistance movement on Earth, envisions a financial reset happening in January 2016, introducing a new financial system based on a basket of currencies and commodities in which the US dollar has still 20% of voting power.

That means the US dollar will still be valuable.

Right now, there is only a tiny demand for NuBits as a way to store value when bitcoin’s price fluctuates or as a way to invest into crypto-currency related projects (one example would B&C Exchange, the first decentralized exchange in the history of Humankind to be ever created) with a stable crypto-currency.

But we have not reached yet a state in which NuBit is used as a daily-life currency for doing shopping on the Internet or paying for a coffee outside, in the real word.

My intuitive precognition tells me that we will not reach such a state unless we have a severe financial and monetary crisis.

Because in such a crisis, people will really start to look for alternatives, unless they give up their freedom. Right now the vast majority of the population has no problem using the current banking system, until the day the cabal starts to limit drastically transfers (this has already started with capital control laws in France) or to confiscate money via negative interest rates (this has already started in Greece, it seems.)

During a freezing of the banking system, if you use NuBits, you will be able to store perfectly the value of your money in a wallet that you have total control over (so nobody can set negative interests on it) on the one hand and you will be able to transact as much as you want on the other hand.

And no entity what so ever will be able to stop you unless the Internet is shut down, which is not going to happen, for it seems that positive ETs did actually establish it and are protecting its integrity under any circumstances.

In conclusion,  I am making the prediction that the world will really get to know the crucial role played by NuBit around the end of September 2015 when the financial and monetary crisis would really start to be painful (more precisely, around or on the 23rd of September 2015 according to predictive programming analyses you can find here, here and here for example) and this will be the moment when NuBit will really get off the ground in terms of daily transactions.

 

PS: update (07AUG15)

Interestingly enough, NuBits was released on 23SEP14, meaning that NuBits will have its first anniversary on 23SEP15.
To me, it is a significant synchronicity that makes me feel even more strongly that NuBits will start to get significantly publicized when the financial and monetary crisis occur around the 23SEP15.
Another very interesting synchronicity is that Blocks & Chains Exchange, the world’s first decentralized exchange, first fork of NuBits, that intends to provide a steady, large and secure liquidity to NuBits, got its test net released on 11JUL15.
As you might already know, the 11th of July (11th of the 7th month of the year or 7-11) corresponds to the 11th of Tishrei (7th month in the Hebrew calendar), which corresponds to the 24th of September, or the date that immediately follows the 23rd of September in the Gregorian calendar.
Beyonce has a song dedicated to 7-11.
In conclusion, I regard the 23rd of September 2015 as the day before the big shift that will see a democratization of finance or decentralized finance induced by NuBits or the actual day of that big shift.

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