What should the reason be to own Bitcoin and other cryptos?
I read so many on how to make millions with bitcoin and alt coins and I am starting to realize that many new people just come to the market for making some quick bucks. People tend to have problems with understanding me when I say we are NOT in it for making millions or buying a lamborghini.
Then people get afraid when bitcoin dips like it did last weeks and they are afraid of loosing a part of there investment and they will sell with loss. This happens because people only look short-term and don’t understand how blockchain and crypto will change this world. Everybody needs to zoom out and look at it with a longterm perpective and understand that it’s not just about making millions but mainly about the philosophical values of blockchain and crypto. Values like FREEDOM, INDEPENDENCY, TRANSPARENT DECENTRALIZED PROCESSES and TRUST.
Once in a while, a revolution takes place. In 1600 the printing press had a huge influence on the world. In 1700 the steam engine was a huge change and in 1800 it was the industrialization that changed the world. Then in 1900 the internet tremendously changed our lives and now in 20th century blockchain and crypto will bring a change that will be 3 times larger than the internet has brought us.
I respect everyone’s opinion and everyone needs to do what he/she thinks is good, but please take look at the world and the monetary system! Do you really agree with the situation we are in now or do you want to have access to your money when and wherever you want in the future? I simply can’t understand why I should agree with maximum ATM withdrawals or making an appointment if I need more then 10k of my own money or the huge costs and time of sending my money to family on the other side of the world.
Who guarantees us that money will continue to exist as we know it and what happens if we get a centralized cashless society that will be controlled by the parties that have control now. We all know that the world is slowly going cashless and when the time comes that all our money is digital, those middleman in control can just push the button behind your name and your funds will be frozen or even deleted. Do we really want this to happen ? To be clear, I a m not saying they have the intention to do this but just saying they could. Just look what happened in Cyprus and Greece af few years ago.
This is maybe the last moment in our lives where we are able to ensure that we keep control over our life and Money(funds). Blockchain and crypto are providing us the tools to get back some control and prevent that middleman (third parties) will get all the strings in their hands. I think people need to realize that this is the reason to be in crypto and not just buying a lamorghini.
So when you invest in crypto you will be supporting values like FREEDOM, INDEPENDENCY, TRANSPARENT DECENTRALIZED PROCESSES and TRUST.
And yes you may also be able to buy that desired Lamborghini but you could also support the poor with a small part of your profits 😉
Didi
www.thebitcoinfamily.net
IKR!
This is the strongest statement in what you wrote Didi, I'm curious how did you come up with the 3x, would love to hear your elaboration. Thanks again for sharing.
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Thanks for reading it. The internet changed a lot for us and of course we must not forget that without the internet bitcoin and blockchain wouldn’t have existed. So yes the internet was important. The number could also have been 5 or 10 and I just wanted to express to people that if they think that the internet changed our life that they will be blown away if they see how blockchain and crypto will have changed our lives in a few years time. There will be a huge shift in for example trust which will be psychological change. The internet made it possible that people with a bankaccount can buy things online but blockchain and crypto will make it possible that everybody worldwide is able to buy things online. Even if they are not allowed to have a bankaccount. This means 3 billion people worldwide will enter the market. If this won’t change the world what will. And let’s not forget how decentralisation will make many businesses, that have a third party function dissapear and create many new possibilities for entrepreneurs. We will be able to buy a house without a bank but just with for example the help of 30 investors worldwide that invest 10k. You will pay the monthly intrest automatically every month to them. So many things will change. Man I am even getting exited when I type this message and know there is a chance i get appreciated for it and even paid without any ads controlled and monetized by a third party!
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you buddy are a real crypto apologist!
yeah I've read about the property purchase with crypto, but you do have a point about getting the unbanked to join the crazy crypto world, might actually even get people online too!
right now, we're even trying to figure out how to get Steem to pay for things in Iraq, it's a challenge, the current solution is crazy slow and expensive, Steem -> Bittrex -> Fiat -> Western Union -> Iraq
I think paying rent and mortgage in crypto is a natural progression, especailly in a raising market, can't imagine a landlord wanting to miss out
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