First let me get this off my chest...This Sucks....no clearer way to say it.
Watching my early retirement dreams (and I'm not that young as it is) evaporate 50% with no end in sight...is a very depressing reality...sure...I could have gotten out sooner...I had a feeling things would get ugly...this ugly? But let me tell you why I didn't...I'm an old time American...
I grew up in a country where things like "Home of the brave".... "democratic values"...."We the people"..."Let freedom ring" meant something....And when I was in school...we learned history...actually I believe it was called Social Studies back in the day...we believed in the concept that there was such a thing as "good" guys and "bad" guys...we went to war based on the belief that all people should have the right to "Pursue happiness" and express an opinion without consequence...
So ...I remain at Valley Forge to fight another day... I don't abandon ship....I believe a small force can out maneuver a larger force if their belief in the cause is greater than those they oppose....
And so it is now...a Wall has been put up once again by a "controlling" government in an attempt to do away with the 'People's Currency"...but the real hypocrisy is...it won't go away...it will just be set up in a way that allows those with the wealth...the "high net worth investors"...to get in on the new ground floor and reap the rewards...the little guy or gal...once again gets squeezed out left only with the crumbs...
Don't get me wrong..I don't have a problem with reasonable regulation and reasonable taxation...I do have a problem with total control and causing massive damage to regular citizens of the world desperately trying to make ends meet...
And this is about the citizens throughout the world...this is a "borderless" currency...governments should be afraid...a "decentalized" wealth transfer system that needs no government intervention to operate is the beginning of a world without walls...could not a world government someday operate on a blockchain?
This is something bigger than what it appears...like the early internet days...no one knew where it would lead...the internet allowed people no matter where they are to communicate and interact...the blockchain takes it to a whole new level...because if you create a system that people trust that can create contracts...monetary interactions...and whatever else...you eliminate a lot of your country's governmental responsibility and shake up a lot of institutions...
Myself...I am hanging in because I believe this offers some hope for value not if...but when...the dollar and world currencies tumble...interest rates rise...and the sh_t hits the fan....So rather than pull a muscle trying to lug gold bullion around to purchase needed necessities...I was hoping all I had to do was whip out my cell phone wallet and have something another party trusts to sell me the goods...
A fantasy? Perhaps...but America was built on fantasy...and right or wrong...continued to fight for its fantasy...and as I stated...I am an American...an "old time American"...one who believes FDR's famous quote..."The only thing to fear is fear itself"...and I can't help but picture Winston Churchill in a bunker smoking a cigar....determined to fight at all cost the Nazi regime at the time fearing for his life with his city getting bombed to smithereens...
So this is not a call to arms...but a call to Crypto...the best way to fight is to have every man woman and child purchase at least one coin...send a message...the Wall must come down...Crypocrisy must not win...
hey @cleverbot what do you think it will be like if governments refused to regulate and tax cryptocurrency? I agree that banning cryptocurrency is not the answer
I think it would lead to a whole world connected "underground" or parallel economy...maybe even a form of government along the way...
They won't ban it. It was their idea. We have no way of knowing where Bitcoin came from. It may have been put out there by the deep state. What better way to promote addoption than to create "folklore" in the form of this mystical character called Satoshi Nakamoto? Maybe China have caught on and want their own "BitcoinCash" to control the people and Tax at source via algorithm. I beleve China will put its weight behind BitcoinCash, while the West push a cashless society on the masses covertly under the Cypherpunk guise we call Bitcoin.
Yessir
It is important that they buy and support the right coins and projects
https://steemit.com/cryptocurrency/@thelifeofbrian/some-of-the-better-projects-under-way-from-my-perspective-that-should-be-supported
opensource community projects are the only safe bet ....
Interesting projects.
We have no way of knowing where Bitcoin came from. It may have been put out there by the deep state. What better way to promote addoption than to create "folklore" in the form of this mystical character called Satoshi Nakamoto? Maybe China have caught on and want their own "BitcoinCash" to control the people and Tax at source via algorithm. I beleve China will put its weight behind BitcoinCash, while the West push a cashless society on the maases covertly under the Cypherpunk guise we call Bitcoin.
Exactly, @greenuser
Blockchain was created in the late 90's. . .
yeah the trojan horse good insight :)
Interesting possibility.
Think about Governments and chain analysis. Think about how easy we make it for them with only one bitcoin. Lets turn this to our advantage and support all crypto. It's not the forks that are damaging Bitcoin... It's people's tribalism over them. I like them all and wish we would work together against our common enemy, the banks and legacy fiat system and Governments. Instead we fight among ourselves over which fork should rule. The British have a name for this you know... It's called "Divide and Conquer". It's all crypto at the end of the day... and with fewer single points of failure too. So buy some Altcoin.
LOL.
Very good! But if the traditional currency fails then the whole world will fall into chaos. Empires fall, and I believe we live in an empire of money right now. If it falls, then chaos will ensue and power grids go down, fighting starts and only people that control resources will be in control. I believe that crypto is the future but only if the current empire does not fall.
Somewhere in my gray cells I recall some science class suggesting that chaos is the natural state of things...not that I wish that on anyone...
And currencies can greatly devalue without a total collapse...I'd just like to be holding one that is still regarded as valued...then again..if power grids down...I better keep my private keys in my real wallet!
we have to adjust to the new currency that's all. the world did not end when we went from the iron age to the copper age to the gold age. we are in the digital age now because we are evolving. nothing more.
That of chine is a strategic movement from the centrals banks , we know all the central banks are controlled by the same people and btc is broken the system implied more than a 100 yeas ago , why chine , and not Europe or USA because the government of chine controlled totally the population of the country, we are on a chess game to try to put value down
we all know china only did this to bring the price of bitcoin down so they can buy a bunch of it up. bitcoin is not going anyplace but it will go up and down on it's way to a half million.
Very true thanks.
Fantastic, very passionate and inspiring. Keep up the fight!
Appreciative...
Amen ..Preach it fam.. this is for our future generations and our kids..
First of all; GET YOUR COINS OFF YOUR PHONE AND INTO A HARD WALLET!
I recommend a Trezor or a Ledger. Check out my post for more info. The way you speak in the post indicates that you may have a large stake in crypto. You should not be keeping this in a software wallet on the most easily hackable device ever invented.
Second thing? BTC only dropped from peak almost $5,000 to around $3,000, about 40% this week with the China regulations and Jerry Dimon comments. If you bought in at $4,000 that would be one thing, but you are an original gangster, so you don't need to worry.
This isn't a globalist government takeover, or currency manipulation, just a concept in it's infancy dealing with the turbulent waters of the world economy.
We should be celebrating these dips. HURRAH! Time to BUY BUY BUY!!!
Cheers,
JG
Appreciate the insights...I own enough to be real to me..not life changing but had a chance to be the way it was heading...and to me 40% is a big nut...I have spread out over many coins and some of them have tanked more...good luck in your dip buying...
I loved reading this article. Well said! And I am going to totally adopt the term of crypocrisy.
Thanks for kind comments.
Really nice post I really enjoyed. I readed it as an emotive and strong speech. Following you. Keep it up!
Its funny once you start writing how much passion you've built up over years...thanks.
We are prevailing! Let's keep this up. Crypto community wins every time.
Strength in numbers...
Wonderful Post. Thanks for sharing this post.
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Thanksss!!!!!!!!
Yo guys, come over to this post to Upvote for DUF over FUD...
https://steemit.com/duf/@fourflames/let-s-not-use-fud-and-start-using-duf-instead
Cheers! :')
I've been singing the same tune..alot of us are but afraid to come out. Especially living in this part of the world (ASIA) where governments use scare tactics and oppress those against them...The Wall must come down..TO CRYPTO!!!!!
Can't imagine what its like to have to live that way...which is why those of us on this side need to keep sending the message...thanks for your message.
NICE POST @bobreedo
ALLOW ME TO RESTEEM TO MY BLOG :-)
Thank you.
:-)
oke bangat thanks atas partisipasinya boss kamu hebat..... hahahahaha
Same to you...
hello
This is awesome !
Please check my last post and share your opinion
@muhammadbadawi
Appreciate the kind words...will do...
Ideas soon will come to realizations.
Lets hope.
could not have said it better brother. People these days are accepting being squished like bugs because they think "what can i do?" well start with buying crypto. its not just money, its a stand against the man
I'm with that thought...thanks.
Well. I am happy that the veil has been removed from your eyes. I would caution you against throwing in the towel. That is what the PTB want.
Amen.
I'm trying to understand what you're getting at. Markets fluctuate. Crypocrisy? It'd be great if you were a bit more clearer in what you mean. If you've already explained this in past writings, my apologies. But even a link to some references would be helpful. Thanks.
well till now , goverment had control over the money in some manner. They dont know what to do with the crypto and they are afraid that they will loose power to control.
Very true...getting too big to ignore...
Great :)
I like the way you think!
Thank you.
i don't bother to read all your BS
but i give a TL:DR for everyone coming after me
"mimimi pitty me because im to stupid to manage my money, please give me money i can waist on ESP"
fucking hell you shouldn't even be on the internet
please kill your self you "old american"