(pixabay)
With this abundant of news circulating all over the net
you will get a piece about crypto. Most likely the term
may derive from a pessimist view of it from fiat currency.
At the same token, the economic situation is not the best
in 2020. Trade wars are everywhere. Immigration causes
problem wherever development is growing. Less jobs are
being field. It is a concern all over the world. The stats do
not lie a bit.
All major financial moves are commendably by fiat. Banks have their
nose all over the financial world. Deeper I can say the
governments involvement are so high, it triggers something
else. Lack of trust is rampant across the board. You may wonder
who making sure check and balance is respected. I read recently
the revamp tax cut benefited the banks immensely. Where do
regular people like me and you stand in this financial bowl?
You can say you do not have a fight in this arena. far from the truth
if you work, you have a bank account, you need to remind yourself
you are part of this circle and billions of us made it possible for this
system to stay afloat. Yes you may not have millions. Together we are
worth billions that keep that machine running. Unfortunately as
always we are left behind to leverage our sweat and tears to keep
them richer.
(pixabay)
We need something to trust. There you have it. Crypto has come
to the rescue. By popularity #bitcoin has built a trust factor that
all adheres to it.
Since inception the value of #bitcoin has skyrocket to the price
it is today.
From a monetary stand point #btc managed to flip many. Many
are still coming to augment the value you see today.
Do not get me wrong we all need to trust USD, EURO, YUAN to an extend.
This trust derives from the majority. Liberty and freedom
should think otherwise.
. Some are forced to use a certain fiat cause they do not
have a choice. This is where the trust vanished quicker than others.
It reminds me of Venezuela, Greece, Zimbabwe. The people of this countries
and many more encounter difficulties with their fiat currency.
We are watching.
Before crypto, anything you do on the internet remains forever on the
internet. Crypto with blockchain does just that. You can see If you know anybody transaction from all over the world. Everything is broadcasting
how
for anyone to see. This is trust. So the privacy is not there to maintain trust.
This permissionless part of #btc gives all holders a sense of satisfaction that
nobody can take your #btc away from you.
Value wise you may shake your head to question the real value of crypto.
Since you are your own bank, your peers and you decide the value. This
may sound daunting if someone has to do everything for you. Crypto allows
you to bypass the third man. Thanks to #blockchain, #ledger, #miners .#hodlers
not to forget the internet, we decide the real value of #bitcoin.
(coinmarketcap)
Since #bitcoin came into existence, many others tokens
took difference route to fill the void. The list is enormous
and continue to grow. One thing I watch for any cryptocurrency
is for full decentralization. Quickly I have to omit #XRP on the list.
From what I heard they are protecting something and later in time
it will be fully decentralized. Human nature at its best, #xrp value in
the billions with a price of 23 cents, got me thinking a little!
2013 you need around $134 to acquire a bitcoin. As you can witness, this
list is scarce. No ethereum yet and many other token we grow to love.
It is beneficial to stay focus on what is at stake. The banks will manage
to come as peacemakers and control this crypto sphere. I heard crypto
is starting to eat their breakfast.
We need to know what we want and stay vigilant on the token we hold.
Not all tokens are created equal.
A people token will be decentralized.
A token that cannot be reversed to benefit a group worth looking for.
A token that watch over its shoulders and solid community should be
on your radar.
A token that is exchanged friendly should grow your portfolio, no brainer.
A token that can be move from wallet to wallet with no headache.
While I am thinking about a token, many tokens fit this criteria.
#bitcoin is the best on the list.
Got to throw my shade for #steem as well.
#Steem does fit this criteria that it allows many to hold it.
This time in our history is forthcoming. Whatever token you hold
I may insinuate #btc and a token like #steem.
An opportunity like this, is worth it and once in a lifetime.
We saw what late 2017 did.
There will be many more opportunities coming our way.
Hopefully you can reap the reward in your lifetime.
Let us embrace this cryptosphere and change the course of financials services.
Stay tuned!