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RE: The Future Of Money! (Now That Crypto Is A Thing)

in #crypto6 years ago

Clearly the current economic system doesn't work for many people, and not only in Venezuela or Greece. You just have to drive around New Jersey to see how mind-blowing the contrasts are. Are some of these people just plain lazy? Well, that's a myth purported by those who never had to work for $50 a day, as a grownup, in America! I personally don't blame anyone who won't work for that money, I can't afford to work for that money - can't afford is the key word here... As for the cryptos, while I'm not sure how much they are a substitute for the money in transnational terms, I know nevertheless this is something that may lift many people from poverty, they just have to pay attention and familiarize themselves with the idea. It is a crypto revolution, and as with every revolution it tears down the existing system which puts an immense amount of roadblocks on the way of getting ahead. The western economic system may have been a progressive one before in terms of elevating people from poverty, but it gets rusted as every system does when we rely on it for too long. Cryptos are outside that system, and they will be attractive for as long as they remain so. The same $50 can make you $5000, as it did for me. And if I had lost that $50, that would be easy to forget too. As for someone losing a million or even ten because of the recent downturn, I wouldn't lose a sleep over that either - first because they will recover given a deal of patience, secondly because the current economic system has taken more than enough care of the millionaires as it is for us the common people to worry about them more than needed.