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Author Topic: ##Is Bitcoin The Best Safe-haven In The Wake of Financial Crisis?  (Read 106 times)

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Since the sanctions were imposed by the international community for their nuclear programme, the Iran economy has greatly suffered,

and things went from bad to worse when Trump ended the exemptions from secondary US sanctions last year. In this time of economic

turmoil, it appears that bitcoin may be the solution that Iran’s been looking for.






##Is Bitcoin The Best Safe-haven In The Wake of Financial Crisis?






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In September 2019, Gallup released a poll in which 49% of Americans believe the U.S. economy would fall into recession, 9% higher than the one polled before the 2008 financial crisis. The world situation is turbulent after entering 2020. US-Iraq conflicts continue, the China-U.S. relation on a tight rope, coupled with the broken out of regional financial crisis over the years, the public’s fear of recession is growing. The rising price of insurance assets also indicates that more people are preparing for the financial crisis.



Since the value consensus of Bitcoin has been formed and is widely acknowledged, many people chose Bitcoin as a safe-haven when regional financial crisis occur. However, as Bitcoin transactions become increasingly dependent on centralized exchanges, some regions set limitation on Bitcoin transactions by controlling exchange platforms. The advent of VDS once again frees up the privacy in Bitcoin transactions, we can convert Bitcoin safely into Vollar through VDS’s resonance trade. When you choose Vollar as the property category, its build-in decentralized and distributed trading mechanism will transform your Vollar into the type of wealth you desire in a secured manner.



Vollar is the only circulating medium in VDS ecosystem. Bitcoin can be converted into Vollar through resonance trade, and Vollar can be converted into any currency through the built-in decentralized OTC function. Similarly, you can exchange fiat for Vollar with OTC and then convert Vollar into Bitcoin. Every function is decentralized within VDS, so your transactions are completely free.



Bitcoin can not only be freely traded but also appreciate in value after being converted into Vollar. First of all, VDS utilizes blockchain technology to allow everyone to build their cash flow channel through multi-layer interpersonal fission promotion. This is called the Trust Stamp system, through which everyone can get a continuous flow of cash while VDS gets an exponentially growing user base. As the users grow rapidly, so will the demand for Vollar. Meanwhile, VDS also incentivize people to build super master nodes with high income such as transaction fee and issuance rewards to expand and maintain the stability of the network, and enhance user experience. The construction of super master node takes 10,000 Vollar as a deposit. After the establishment, super master node will receive a steady stream of income, and consequently with the decrease in circulation volume, the 10,000 Vollar deposit will also appreciate in value. Super master nodes will continue to grow, which cast a positive control of Vollar circulation and make the market in short supply, price will inevitable climb. In conclusion, VDS not only start a channel for Bitcoin holders to achieve freedom of wealth through resonance trade, but also conduct a permanent value-added wealth management for those who participate in VDS ecosystem.


The biggest impact of the outbreak of financial crisis on people is not only the asset depreciation caused by inflation, but also the decline in employment. It is not enough to simply choose a safe-haven to deal with financial crisis, we need to ensure our source of income. VDS turns interpersonal relationships into cash flow through the Trust Stamp System from which we can obtain a steady stream of revenue. Or we could build super master nodes to provide network service to earn profits. In response to the centralized financial crisis, a decentralized Bitcoin may be the best choice as safe haven. VDS brings decentralization and freedom back to Bitcoin and boost potential appreciation. These two march together and complement each other.


 

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