What is the New Quantum Financial System (QFS)? (2024)

Cash as we know it will no longer exist.

How we use and define money will also change.

There is a new global, worldwide initiative underway to remove the traditional monetary system and transition to a new global financial system.

This new system is being referred to as the New Quantum Financial System (QFS).

The new quantum financial system is broadly defined as a new global international monetary system that uses blockchain technology and quantum computing to conduct financial transactions.

While this definition may seem progressive and relatively innocuous, as you will soon see, it will have a significant impact on how you will use and interact with money in the future.

The QFS is an umbrella term under which many significant changes are being made to our existing financial systems. To enact such a global and worldwide change, these changes need to take place at the highest levels, from central banks to the world’s largest financial institutions.

We are already seeing this with the worldwide implementation of Central Bank Digital Currencies (CBDCs).

Almost every country with a central bank is in the process of developing a central bank digital currency (except Ecuador and Kenya).

What are CBDCs?

CBDCs are digital forms of ‘fiat currency’ issued by central banks. More specifically, it is a digital alternative to physical cash with the promise to offer faster, more secure, and more efficient transactions.

However, CBDCs are just one of the many moving parts needed to enable a new worldwide financial system.

What is the New Quantum Financial System (QFS)? (2024)
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