What Role Will Crypto Play During ‘The Great Reset?’

Global economic transformation now face the main question:choose between centralization or decentralization? DECENTRALIZATION, THE GREAT AWAKENING!!

What Role Will Crypto Play During ‘The Great Reset?’

Just as the world is in panic due to pandemic,massive and worldwide protests, job automation, environmental issues and geopolitical tensions,which are just a few of the challenges facing humanity today. Amid the chaos, keystone global institutions and bureaucrats have openly discussed the present day as an opportunity to remake the world. “The Great Reset,” as the plan has been called, represents a radical initiative by world leaders — many of whom are unelected — to transform the global economy.

The WEF, for instance, claims there is an “urgent need” for “global stakeholders” to manage the direct consequences of what the International Monetary Fund has called “the Great Lockdown,” referring to the quarantines and social distancing practices implemented to contain the pandemic. At a WEF meeting in early June, the world’s most powerful business leaders, government officials and activists first announced the proposal to reset the global economy in the aftermath of the COVID-19 lockdown.

The WEF sees a “unique window of opportunity to shape the recovery.” The Great Reset will inform the “future state of global relations, the direction of national economies, the priorities of societies, the nature of business models and the management of the global commons.” In short, the Great Reset represents a new social contract for the world. The WEF also stated: 

“The inconsistencies, inadequacies and contradictions of multiple systems — from health and financial to energy and education — are more exposed than ever.”

Writing for The Hill, Justin Haskins calls the Great Reset “the most ambitious and radical plan the world has seen in more than a generation.” Even the British monarchy has weighed in. “We have a golden opportunity to seize something good from this crisis — its unprecedented shockwaves may well make people more receptive to big visions of change,” said Prince Charles at the meeting, adding: 

“It is an opportunity we have never had before and may never have again.”

“Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed,” wrote Klaus Schwab, the founder and executive chairman of the World Economic Forum, in an article published on the WEF’s website. He added: 

“In short, we need a ‘Great Reset’ of capitalism.”

Schwab said that “all aspects of our societies and economies, from education to social contracts and working conditions” must be “revamped.”

The cryptocurrency industry has been planning its own “Great Reset” as well — one based on decentralization. While global governments want to put the world on a distributed ledger in order to digitize finance so governments can have more control, there are very smart people on this planet who have their own plans. We in the crypto industry, for example, want to put everything on a blockchain. Instead of social credit systems and centralized fiat currencies, we want each individual to be in control of their own money, to be less dependent on banks, and to be in control of defining what money and real value is.

The Great Reset will be a revolutionary upheaval. It will create many hardships but also opportunities for companies, which recreate financial products in a decentralized fashion on blockchain, and for individuals, who no longer must rely on the traditional financial system.

Currently living in a digital and technological revolution, hastened by the Great Lockdown, we as an industry cannot underestimate the implications of a crisis that has only just begun. We must now change our mindsets in order to properly bear witness to the Great Reset and turn it into “The Great Awakening.” That’s how we come out stronger on the other side.