2023: TON and Global Economy
Certainly a difficult year with some certainties and many uncertainties
2022 was a year where almost everything except the US dollar and especially crude oil, did badly. For those that understand the bigger picture and game players, this will come as no surprise. Gold held but did not generally keep up.
Cryptocurrencies in general did extremely badly during 2022 and this is a really big subject, but was made much worse by the FTX centralized exchange (CEX) gigantic scam and fraud and the resulting contagion.
The big take aways from 2022 are that the FTX scam wasn’t really anything to do with weaknesses of cryptocurrency or blockchains at all. It was simple old fashioned centralized corruption and misplaced trust.
The other big take away is that the $ystem itself is highly corrupt: FTX was and is a WEF organization, the same group that planned in advance to benefit from pandemic and bring about a global reset where all wealth will be in their hands and the masses “will be happy because you own nothing”.
The SEC itself and the US government are obviously intricately involved in the scam, as is the WEF and its over 4,000 leading capitalists, corporations and government officials around the world.
In the United States of America your ethnicity matters very much as to who is going to support you and side with you through thick and thin. The ethnic group of Sam Bankman-Fried, his friends in high places in politics, the judiciary and the media, are all involved in treating him as royalty.
Obviously if you have someone accused of murder with a weapon, if the person is set free on bail, they will not be allowed anywhere near weapons. SBF’s huge weapon is the internet, and a laptop. He was allowed to stay at his parents luxurious mansion, with free access to laptops and the internet.
Being told that he is not a flight risk because in spite of the possibility of him having more than a thousand millions of dollars (billions) stashed away, he is easilty recognizable around the world, is absurd. Shave off his mop of hair, stop the shaking in his leg, and dress in a suit or Muslim clothing, no one would ever recognize him, let alone he can afford expensive disguises.
And allowed to go out to exercise, as if the large mansion and its spacious grounds aren’t sufficient space for exercising — otherwise how it is that millions of prisoners all over the world, locked up for years, can even be more fit than when they roam free on the outside? It’s frankly absurd.
The good news in all this is that the large “crypto community” are easily seeing through all this BS (Bankman Sam or Bull S*it) and are not taking the obvious attack on the truth and freedom offered by cryptocurrency lying down, they are awash on Twitter and YouTube exposing it daily.
Of course this is exactly the point: unlike the large scale corruption of major banks which only the regulators can see, the blockchains themselves are largely transparent, and thus we now know that SBF indeed moved hundreds of millions of dollars around from the comport of his parents bail mansion.
Big Players in 2023
There are some big players in 2023 to watch and two of the biggest would be Elon Musk (Twitter owner and one of the world’s wealthiest individuals), and Pavel Durov (Telegram owner as well as The Open Network TON blockchain).
This is not to paint either of these individuals as good, great angels to be trusted, concentration of wealth is always a dangerous thing to be watched, but is simply to say they will have a lot of influence in the year ahead.
Both are aware of cryptocurrencies and blockchain technology and both are in possession of large social media platforms (Twitter and Telegram), and both are also generally (though not totally) against censorship of ideas, news.
If we look at cryptocurrencies at the start of 2023, the same prediction made at the start of 2022 by TON info News analysts, is that The Open Network (TON) will have the greatest chance of success, along with its $TON currency.
Let us look how $TON faired against the US Dollar during 2022, keeping in mind that the USD itself faired better than most other currencies and when measured against a basket of hard currencies the USD did well in 2022:
As can be seen, $TON generally held up well against the US dollar during 2022.
Likewise against the Euro:
and against the British pound:
Against a basket of world hard currencies it can be seen that $TON not only held up well but when other cryptocurrencies had heavy hits magnified by the FTX-SBF-WEF-USG scam, $TON has been steadily growing in value since the middle of the year.
This can be explained by various factors, not least a fast, highly scalable and open source blockchain technology vastly superior to other blockchains at a technical level. Indeed, since its inception some years ago, TON blockchain has been hailed as “the blockchain to unite (host) all other blockchains”.
Indeed while other blockchains face problems, they could migrate onto TON.
With more than 500 million monthly users of Telegram which is actively promoting TON and with Telegram itself being largely resistant to censorship and cancellation by the WEF-sponsored big tech, there is of course the greatest possibility of TON gaining the most popularity in the future.
However, there are still a number of concerns and cautions which could seriously dampen the rise of TON compared to its actual potentials, and we’ve seen the signs of these factors dampening its mass adoption in 2022:
TON is still highly centralized for a blockchain
TON Foundation favors its own insider projects, the friends of Durov
TON is focused on blockchain technology not enough on mass UX
TON isn’t promoted enough as a means of safe, fast, easy payments
TON Foundation still lacks moral positions on gambling, scams etc.
This does not prevent projects such as the professional TON Wallet from providing solutions for users, but such projects are still not supported and reliant on their own resources even though they benefit TON as a whole.
It is hoped that efforts to create safe ecosystems on TON will therefore receive community traction and support: investors in such projects would be expected to receive large returns if indeed TON is the blockchain and cryptocurrency to succeed over most, or even all others.
The success rate however could vary significantly, even many fold, depending on how the masses perceive TON in action: moving beyond the “crypto culture” where “you are on your own, DYOR, don’t fall for scams, if you do, you are stupid and/or you did not DYOR, and you trusted, it is your fault” is the default position of most involved in the industry.
Moving away from this toward the masses finding use for $TON implies care, education, information, support and user-friendly apps and safe ecosystems. Standing out in this regard thus far are the Telegram Wallet (custodial) as well as the TonSafe Wallet (self/non-custodial) and we expect many others soon.
Certainties in 2023
The “parasitic elite” and its ideological motor organization the WEF, will continue its plans for the total control of all the world’s assets, which for them includes anyone that is useful, while discarding the rest.
The greatest tool in their arsenal is mass ignorance and sloth, convenience at the cost of security, the end goal being the digital ID which will be tied to you along with everything else including Central Bank Digital Currency (CBDC):
Central Banks to allocate TON and other Crypto
Everyone seems to have missed this, and that's that the BIS has released standards to allow central banks to hold crypto on their balance sheets.
The TLDR is that starting in 2025, central banks can allocate up to 2% of their balance sheets into cryptos of ALL kinds! There are of course a few very important details that are explained in the video, but it doesn't change the fact that trillions could enter crypto.
There is a double edged sword to this, however. Should central banks start accumulating large amounts of smart contract cryptocurrencies, they could start to have significant influence over the future payment networks - their direct competitors.
This is definitely a video you need to watch until the end!
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