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RE: Crypto currency has taken a face punch! ...but it's not out for the count

in #bitcoin6 years ago

just focus on blogging and having fun.

Sound advice. Cryptos aren't the only thing crashing at the moment. Stocks and precious metals are too. So it's nothing personal to cryptos, yet people are talking as if it is. If you believe that other investments will come back around again, then there should be no reason to believe that cryptos won't do the same.

If you look at things from the point of view of the wealthy, there is a reason they don't want a wealth spread amongst the many. If everyone had enough money to live comfortably, there is a risk that no-one would actually want to do the jobs that would supply everyone. Then money would be worthless, because there is nothing being supplied for you to buy and we reach the same situation where people need to be enough in need to choose to do the menial jobs. I don't personally think that it is necessarily that simple, but the wealthy certainly do.

Ironically, the jobs that provide us the necessities of life should be the ones that pay the best in order to encourage people to take them on, but it's topsy turvy. Our food providers are some of our lowest earners. Toilet cleaners and sewer workers should be rich! Sorry, I'm going off at a tangent now...Lol

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