RE: Crypt0's News: August 3rd, 2017 - The Fall Of The Dollar Empire / Coinbase Troubles / Russia - Ethereum Based MasterChain + "Gas"
The cracks in the global financial system is likely to start later this year in various different regions, but the system is likely to start to really breakdown throughout all of 2018 (in ways that can no longer be ignored). Everyone should remember there really is a countdown...
1988 Economist Magazine
"THIRTY years from now (Q3 2018), Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let's say, the phoenix. Te phoenix will be favoured by companies and shoppers because it will be more convenient than today's national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century."
Full article here: http://altcoopsys.org/wp-content/uploads/2017/01/ArticleEconomist1988GetReadyforthePhoenix_001.pdf
Basically "The Phoenix "= Gold/Commodity backed and limited supply international cryptocurrency to be used for trade by governments around the world as a replacement for the dying petrodollar reserve currency system that exists today.