What is the solution if you live in a poor country or a country that reroutes all wealth back to a handful of people?
What if you are living in a country that is mostly unbanked?
What if your Nation is crumbling under the weight of it's debt and taking the currency down with it?
Crypto projects like Bitcoin are allowing people to have access to funds 24 hours a day regardless of borders and bad leadership.
Crypto projects like Hive, ETH, and more are changing lives by giving people anywhere with a smart phone or computer the opportunity to earn, exchange, and save.
When Nation's economies have failed. Venezuela and Zimbabwe, Crypto was the bridge, mostly Bitcoin.
I'm not going to fight about borders, I going to work on making them matter less.
At the time of The last Presidential Debate, the price of BTC was at $610, I was really preachy about it at the time.
I don't say much about it anymore.. Currently BTC $10,777
Be kind people.
After watching the last Trump/Bidden discussion, I only hope the situation does not become worst around the world...
One would hope it could be a wake up call!
While I agree with most of what you said, in Venezuela, while BTC and cryptocurrencies are enormous help for many people, our economy is mostly balancing on USD and other such foreign fiat currencies. I'm yet to find a shop that would accept cryptocurrencies in exchange for goods I'm interested in.
North America is failing.
yeah, slowly but surely.
Construction is simply taxes
nonsensical. Yeah you have states imploding. Not every state.. but I was referring to North America.
These riots / protests are amazing. On one hand we can protest, and on the other hand we can have lock downs. Businesses included for months.
Don't get me wrong I would rather it be a noble end. Instead it's indebted people in a debt based system that has no future with manipulation.
So the system shuts you down, gives you some scraps, and then ponies the problems too??!
If you appreciate the constitution, then you should know today it has been circumvented. Human rights are not being upheld. Usually you have to pay for any kind of justice.
If you appreciate some form of 'morality' that could be challenged especially in certain states. Morality today is not of yesterday and etc..
Sure it's easy not to judge. It also doesn't really matter if a stranger like you thinks I'm a fool or I'm wrong; but then I guess that's judging too.
Ok you are right. So what. North America is not in decline.. ok fine it's a V shape recovery.
K
You have the greatest wealth transfer occurring and it's crushing the middle class. Citing government jobs of road work is not 'progress'. You can't spend if the borrowers are polarized to such a large degree. Eventually you have bankruptcies. Too many bankruptcies it's off with their heads. Like tale of two cities.
Maybe you don't see it because you banking money.. or people you know are banking money. But there's HUGE swaths of people NOT banking money. You have landlords getting f**ked and you are having people evicted because their only form of getting by is gone.
I'm lucky to not be one of them, but I know they are there. I'm not liking capitalism mixed with corporatism. It's a crony form of capitalism. Alas it's what we got and it breaks down eventually from it's own stink.
Dude.. have you ever heard of the term ZOMBIE COMPANIES?
On top of that Government is very efficient with money and spending.. riiiiight?
PS. I also like how central banks fund zombie corps.. its like real life circle.. j
It's clear you have no idea of the mechanics at play.. but I don't really care at this point. Enjoy your debt based growth.
244 years is a pretty good run for any nation.
Not bad
Crypto to the World then
BTC solves this
Oh, if only that was a rhetorical question…
it more than doubled with Bush, Obama and Trump and will continue no matter who is elected next.. because inflation. We are way past being able to address it
AMEN to that, being kind is free and crypto can absolutely do so much good and empower so many people when the powers that be fail them or are just morons, great post btw
There are some people who have had their lives change one way or the other from this and it's this type of post and the message behind it that keeps me in this cryptoverse
This world pandemic really transformed my country, the Philippines, as an almost entirely cashless economy where banks offered zero transfer fees and instant transfers regardless of bank or payment gateway.
Locally crypto wallet providers still charge a hefty transaction fee and a bit slow in transfers so hopefully they'll get better as the country having experienced that it was possible to be cashless embrace crypto more readily.
@tipu curate
Upvoted 👌 (Mana: 40/50) Liquid rewards.
I would say that borders matter. (not in the nationalistic sense).
Countries are the physical manifestation of decentralization
THAT matters.
yeah, I don't think I think we will ever have universal adoption, I think it will be a fiscal tool through upset, financial crashes and opportunities for others.