World Paper Money In Order To Replaced By Electronic-Digital Currency
World Paper Money In Order To Replaced By Electronic-Digital Currency
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This would appear to be out of the proverbial Ripley's Believe It Or Not. But as mind-boggling as it may seem, word has it that in the not so far future, World Paper Money could very likely be replaced by electronic-digital currency.
The opposite was the case in Germany where the currency had no backing and no real value. It was a fiat currency like every currency in the world today. The government could not make the payments on its debts, so it just printed more money. The result was an inflation that got out of control. The German Reich-mark was nothing more than play money - Just paper with ink on it. The government continually printed more money. The public, the savers became the big losers as the value of the currency decreased. Its value becoming less and less as more and more was printed. The depression that followed was a direct result of the inflation of the money supply.
The buyer may exercise the right to buy/sell the underlying asset if it makes a profit. On the other hand, the buyer may not exercise the right if it is unprofitable. However, if the buyer of an options contract exercises the right to buy/sell the underlying asset, the seller is obligated to sell/buy the asset at the specified price.
There are other disastrous consequences to the U.S. dollar losing status as the world's copyright currency Intro. For example, there would be much less demand for U.S. dollars around the globe, so interest rates will skyrocket. Stock prices will likely plummet by at least 50% in a matter of weeks as a result of this event in the currency markets.
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So when silver touched $28/ounce in November, you could simply sell this option at the market Ethereum Price Prediction 2025, which would be at least $10 (it is actually more). This is because if the market expects the price of silver to stay stable, you can still sell silver at the market price. Thus effectively you are buying silver at $18 and selling at $28 but this is through the options contract. You have invested $1 in the options contract and make a $10 profit, which means you made a 1000% return on your investment!
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