Business Fit Magazine January 2020 Issue 1 | Page 28

Business The Future of our Wealth and Financial System Regular contributor to Business Fit Magazine and global speaker, Vikki Thomas, takes a look at Cryptocurrency and asks if you should be a part of this new financial system. What does this look like? The global economy is going through much change at the moment. So is the financial system. Recently Cryptocurrency and Blockchain have been dominating the headlines. Stating that Cryptocurrency was one of the defining technologies of the 2010s, but it also said that the next decade could finally see the realisation of its full potential. Are you financially ready for 2020? How was your 2019 in relation to wealth creation/ preservation? My belief is that business, money, finance and cryptocurrency scare many people due to their perceived complexity of it and a lack of understanding. It is also an area which is very opinionated. When I travel all over the world as a global speaker, I hear many views, much frustration and anger with regards to money and financial institutions. Everything we do is governed by our financial system. In reality, much of what we do is governed by some hierarchy or control, but money affects our daily lives and is necessary for our survival in this world at this current time. However, I do feel that coming into 2020 many entrepreneurs are becoming enlightened. They want to control their own money and are looking for alternative ways to co-exist in this world and succeed in life and business with secured financial benefits. Perhaps being part of a new financial system could be part of this desire? What Is a Financial System? There are many but The Organisation for Economic Co-operation and Development (OECD) states that: “A financial system consists of institutional units and markets that interact, typically in a complex manner, for the purpose of mobilizing funds for investment, and providing facilities, including payment systems, for the financing of commercial activity”. [https://stats.oecd.org/glossary/detail.asp?ID=6189] Think about it for a moment: Who are the institutional units? Why is it typically in a “Complex Manner?” Who is set to gain with this system? I am not here to answer those questions for you just now, they are for you to ponder over. However, what I do want us to discuss is how we can create alternative financial security for us and our family with assets. We all know that economic stability, let alone the ability to manage and ensure the fair distribution of wealth, is in the hands of bosses, banks and governments.... and politicians. Is that fair? Washington Post reported in October 2019: The top owners of wealth now pay less tax than the bottom 50% of earners for the first time. Is that fair? Is the way to protect yourself to OWN the Assets yourself? Perhaps not mortgaged like I used to do and not within the current financial systems. Perhaps, a decentralised system. Is financial sovereignty the future of our wealth? Is Cryptocurrency the future of our Wealth? Are Assets, like GOLD, the future of our wealth? Remember: It was only in January 2009, that the world was in the midst of the worst financial crisis since the Great Depression. Banks were collapsing, businesses were foreclosing and people were losing their homes. These recent financial crashes have shown us just how quickly our finances can be turned upside down...even if we ‘think’ we are prepared for it. In 2019 the Federal Reserve were pumping BILLIONS of dollars into the financial markets day by day. Is this sustainable? Who pays for this? Who benefits? NOW is the time to educate yourself, to protect your financial future AND those of the next generation. (Disclaimer: Vikki is NOT a financial advisor. The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. All opinions in this article is information of a general nature and does not address the circumstances of any particular individual or entity.) Vikki Thomas is a crusader supporting people all over the world, in person 28 and online to be FREE. To be free in all areas of their life so they can live the dreams they desire. She knows from experience of a 20+ year business career and being an intuitive guide and healer that when you “Align your Life” everything else falls into place www.goldengoddesses.gold Email: [email protected] stating the subject BFM 2020 29