This one goes out to the corrupt central banking system.
So, a few minutes ago I received this message in my mailbox. Apparently Binance was forced to suspend EUR deposits via bank transfer for the foreseeable future, and while the establishment's narrative for this pathetic attack on cryptocurrencies is that it takes place in the name of ''safety'', it sure serves as an indicator that they are terrified by the potential of the crypto space. More and more money keeps flowing out of their claws and into the crypto industry.
Binance has been a reliable fiat gate for years now, and one that I've been using on a regular basis as of late, so it goes without saying that I do not appreciate this kind of bullshit. However, to be fair, I can still pour fiat money into my favourite assets using a credit or debit card, but it's only a matter of time until they decide to block those payment methods as well. I can see it coming.
It's my own damn money! Welp, not really.
Now, the truth is that I'm sick of this centralized monetary system that makes the rules and breaks them at will, but at the same time this brought a smile to my face. These pathetic leeches are desperate; they can see their end approaching at a high pace. Crypto is already a major pain in the asses of the warmongering elites controlling entire countries by buying puppet politicians and giving them orders 24/7.
However, I can't stress enough how infuriating it feels to be told what I can or what I can't do with my own freaking money. By those issuing said money. Money they create out of thin air and hand out at an interest rate. Money that creates debt out of nothing and induces the need for the creation of more debt for the initial debt to be paid. This shit is pathetic, but it's the best system we had managed to come up with. Until crypto became a thing that is.
The era of network money.
As Andreas Antonopoulos said, money is one of the earliest forms of technology created by humans, and we still use it to this day. From goods to precious metals, and then to paper, plastic and digital money combined with precious metals. We now have network money; it's all about precious bits of data circulating in public, permissionless blockchains. It's the new thing, and it's here to stay. Whether these scumbags like it or not.
Will be interesting to see how this situation plays out, and what these fossils running the world will come up with in order to stop the dynamic growth of the cryptocurrency industry. The people are finally waking up, opting out of this obsolete system living war to war. The clowns in charge are no good for the future of humanity and the planet itself, but fear not, as we have created unsolvable mathematical problems to ensure they will get what they deserve.
The world is now changing rapidly, and technology feels like it's accelerating. We are living in exponential times, and everything is possible through effective cooperation. The world is craving freedom, and there's nothing stopping us from getting there. Grab popcorn, sit tight, HODL your crypto and watch all those power-hungry sociopaths run around like cockroaches in an effort to save what can be saved. Spoiler alert: they will end up grinding water.
I appreciate your attention.
Alright guys, that's it for now. Thank you for taking the time to read these lines.
Just my two cents. This is by no means financial advice. Just sharing my personal views and experiences. Please do not take my word for your investment choices, and always do your own research.
Stay safe and have a good one,
@lordneroo
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Hahhahhaaa
I cannot believe we are putting fears in their hearts
They can suspend whatever they have to suspend, they will be grinding water as you said because the internet money is here to stay and change the course of history
No more will we be slaves to their fiat currencies approach, where they can makes rules, and break them at will
Yes we are!
My thoughts exactly!
Thanks for passing by :)
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Thank you for the love, token, I appreciate it
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this gave me chills. so good. preach it!
Thank you, you wizard!
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@lerkfrend, you were given LUV from @lordneroo. About LUV: https://peakd.com/@luvshares
Well, it is still miles easier to buy crypto than even 5 years ago, it seems like a temporary measure to work out the inner contradictions of the clash between open economies (crypto) that are inherently measured in closed economies (fiat).
I understand how, for example, banks or politicians would delay taking decisions to be prudent (giving them the benefit of the doubt) instead of just “for being evil”, they have an old system that has always worked in a way (like only monday through friday) and now we have open economies they do not control and are open and settling 24/7
I think it is instinctive to take protective measures at least at a first moment, just to understand what you are dealing with, and since cryptos are like 12 years old it is still a “first moment” and hacks, losses and accidents happen on a weekly basis, I think they can argue they are just being prudent in regards to something new.
Specially because your post says it is only direct fiat-crypto that are being suspended, which makes sense since that can not be reversed, card purchases can be reversed so that is a way banks can somehow argue they are protecting their users until they find other ways to protect direct deposits, by allowing card but not direct fiat, if I understood the situation correctly.
I wish I could see things this way. I just don't trust them at all. The central banking system is responsible for everything that's messed up in today's world. They start wars and overthrow governments all the time. And they have been doing so for centuries.
I believe this is just the first step. They hate the idea of decentralized, public ledgers. Transparency was never their cup of tea. It's all about control to them in my humble point of view.
Thanks for dropping by!
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I do not disagree with you, I am just playing the devils advocate and trying to ponder other reasons, because one way or another they have to explain why they take such decisions, may it be true or not
In the long-run this nonsense will cause more people to demand crypto as payment for their work, and for small businesses to accept crypto payments directly from their customers. These intermediaries will eventually become irrelevant if they do not transition into crypto banks!
I couldn't agree more. In the end we won't have to worry about having the ability to convert crypto to fiat and vice versa. Just crypto.
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Well done for this @lordneroo
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Thanks for the Pizza!
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