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Switzerland is a safe haven for the world elite to park their wealth. The villains of your favorite movies often have dialogue about transferring their funds to a Swiss bank account. in 1713 the council of Geneva outlawed the disclosure of information about European elites and their financials. Neutrality and secrecy has enabled Switzerland to be the safe haven for the world.
The Swiss banks of today have capitalized from these privacy laws in conjunction with tax incentives. The old money of the world is confident in storing their wealth in Swiss banks.
During the 2008 financial crisis the elites moved their wealth to Swiss banks. The Franc at the time was deflationary and the wealth that was stored in franc appreciated in value. The middle class that had their wealth tied up in mutual funds, houses, and traditional assets fell victim of the crisis.
Switzerland offers the world confidence and neutrality. Even the central bank of all Central Banks called the bank of international settlements is located in Basel Switzerland.
The crypto valley of the world is located in Zug Switzerland. Crypto companies, blockchain companies operate in Switzerland. The regulatory clarity the swiss government offers as well as the tax incentive has created a paradise for crypto developers. Even Ripple has opened an office in Switzerland.
You may have heard of SIX. SIX is an abbreviation and stands for Swiss Infrastructure and Exchange. SIX selected R3 Corda to host their dlt platform. SBI also announced their partnerships with SIX for the Crypto Friendly Singapore to launch a digital asset exchange in 2023. And then there is the BIS that is working on a CBDC project called helivita…
“we run our monetary policy operation, it’s a common platform for the private sector and us and that includes the Ripple platform.”
The Edmund de Rothschild group is headquarters in Switzerland. If you are an elite and wish to park money in Switzerland why not with the Rothschild’s? Did you know on March 31, 2018 the Edmund De Rothschild fund invested in SBI RIPPLE? You know the SBI that is working with SIX for the digital asset exchange for Singapore?
The don’t speculate on the future they build it. That’s why this fund is invested in SBI ripple. Recently we have heard of the great reset. We have heard of a new form of capitalism that is fair.
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The financial system is about to be flipped upside down. They have pushed fiat to its breaking point and now their about to innovate out of the troubles that they have created. We are going to reset to digital currencies not because its fair, not because the globe can participate in the global economy, not because people will have a better life. We are resetting to digital currencies because it’s about control. Precisive monetary policy.
The bankers and now the pope are all singing the same tune. A level playing field for everyone to participate in the global economy a fair system. Switzerland is using the ripple platform that might be the reason that Brad garlinghouse was invited to this Swiss conference with the worlds elite…. The global elites are holding hands praising a fair system an inclusive system that I believe Runs on Ripple….
SNB BNS is Switzerlands central bank. Brad Garlinghouse the ceo of a start up was at this conference with Agustin Carstens, Christine Lagarde, now we know why… It was because the swiss national bank uses the Ripple Platform
No, they never partnered with SWIFT. They wanted a new system…
#XRP #BITCOIN #ETHEREUM crypto news xrp news btc
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