Special thanks to BTCMotivation for the featuring me in this video!
"We finally mustered up the guts to make videos. We are starting a new video series about Bitcoin and the Cryptocurrency space. We will upload content about our favorite people, the ones that kept us going through this bear market. The ones that never gave up on us and motivated us to be great.
Our first video ever will be about the great Omar Bam (Crypt0). One of the greats. Stay tuned for more people like Anthony Pomp, Andres Antonopoulos, Mark Yusko, Mark Moss, Jason Appleton and more." -BTCMotivation
Very true. Banks are evil. Crypto is our salvation. Fuck the government.
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Anger doesn't solve the problem at all. The problem is people want a means of preserving their wealth and protecting their property. Banks originally were created to serve a demand. Governments originally also formed to serve a demand (to protect rights). If you think these current entities are not capable of serving the demand it does not change the fact that the demand exists and if it's not being served it exists more now than ever.
Crypto is just a technology. It's like AI. It can solve problems or create them depending on the community.
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Hi @dana-edwards
I've just visited your profile to check out if you posted anything interesting lately, just to realize that you didn't publish anything in a long while.
Hope you are well and didn't give up on steemit yet.
Cheers, Piotr
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Maybe Steemit gave up on us.
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Hopefully not @dana-edwards
I would need to ask you for little favour. Recently I've decided to join small contest called "Community of the week" and I desribed our project.hope hive/community. Would you mind helping me out and RESTEEM this post - just to get some extra exposure? Your valuable comment would be also appreciated.
Link to my post: on steemit or on steempeak
Thanks :)
Yours, Piotr
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Banks exist to make money for their shareholders. The banking system is one of the pillars of capitalism. I agree banks are not our friends. In general, a company is never going to be our friend if we are honest about what a company is.
What is your opinion on credit unions? On banks which are run by and owned by the members? Can cryptocurrency be tailored in such a way that we can get all the same benefits and services we expect from the banking sector without the corporate exploitation?
The reason I got into Bitcoin is I was upset about how I was treated by the traditional finance industry. A lot of debt, hard to get loans to start a business, high and unfair fees which seem to target the poor (and during recession).
I had my reasons for getting into crypto as I'm sure you had yours. That said Bitcoin is not "good" and banks are not "evil". Both are techniques to solve a legitimate problem of protecting and preserving people's wealth. Bitcoin does not solve every problem and neither do banks.
Bitcoin can easily be stolen, hacked, lost, it's a private key. Banks do have some rare advantages like insurance and legitimacy. But the disadvantages may outweigh many of the advantages which is why people gravitate to crypto and specifically decentralized finance. I do not know if Bitcoin or Ethereum is good enough technically at this time for what is needed.
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