In my voluntary attempt to get into conversation with folks in recent weeks, I've gotten to read and listen to "financial experts" who push the anti-crypto agenda. They say what they say against Crypto and it's hard to know if they believe the case they make against the tech. However, one fairly obvious thing is that most of the points they make against Crypto aren't exactly a case against Crypto.
Think about this for a moment;
When you go to the internet, you see folks who post shit every time and you can read whatever they write and think "The internet is a wild place". You also see folks who go on a witch-hunt with the comments they make about certain things and that comment would make you ask "What on earth is wrong with this folk"?
Do we see all that and say that the internet is bad and should be banned, shut down, or crashed to the ground? I don't hear any sane person saying that. So, why are they going bonkers about Cryptocurrency?
Thanks for asking!
From the conversation I got into in an X space over the weekend, folks were saying that Cryptocurrency is used to sponsor terrorism all over the world and that it is also used for Money laundering.
From experience, whenever the government starts to make you believe that something is bad because it's used to sponsor terrorism and Money Laundering, you just have to know that there is no coming back from that. They are already pushing the agenda and they are using the media to paint Crypto as a tool that gives power to terrorism and Money Laundering.
That's just a good distraction to make you feel like Crypto tech is bad. However, just like the example I gave about internet users who use the internet to promote chaos, misinformation, and other negative things you can think of. Let's not forget that there are bad players even in Cryptocurrency.
The bad players we have in this space are part of the problem. They are the ones that set up half-baked projects, launch a coin, get VC sponsorship on the project, and draw more people into the project. You know what happens when they go through the process... They crash the project to the ground, make the coin worthless, and move on to another new redesigned project. They have no chills when they do this and it can't be helped.
We know what people are capable of doing and I've seen too many of that in the banking sector. That's probably why I'm not surprised that we also have bad players in the Crypto space. However, do we want to listen to people who push for the ban of Crypto because it's used to launder money, sponsor terrorism, and also used to evade tax?
Think about that for a minute...
Cryptocurrency is there to be used for good and the tech built around Crypto is there to save people like myself and give us leverage over the corruption and tyrannical governance that's crippling our economy and our currency.
Of course, there is a "Buyer Beware" approach that all investors need to have in mind when playing with Cryptocurrency. Well, that's also the case in all transactional interactions and I will squeeze out time to make a post about that before the year comes to an end.
I hope this post helps you realize that Crypto means so much to many people and a lot of utilities can be enjoyed by getting involved with it. Don't let the "used to fund terrorism BS" get to you.
Thanks For Not Missing Any Full-stop or Comma.
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