Its not that I believe it is more valuable. Its that everyone thinks its more valuable. Its that consensus which determines currency and its value. The same is true for crypto. People create the value by collectively believing it has a value and then by expanding accessibility so that more believe in the value. The reality is, if people decide something has no value, it has no value. This is how an economy works. I would prefer people trading parsnips for potatos personally.
yes, that is correct. The thing behind this is, we let the bankers impose a failure of a system, making us change our real assets for monopoly papers, and made us believe that adquiring this we would acomplish true happines. I too prefer that we get back to trade with real items. Cryptos will be the new monetary system so we have to take advantage of that and from within build a new world where we can be free from the ancient debt machine. Thank you for your comment.
I don't think crypto is the answer. You dislike bankers, well crypto just puts the power to print currency into the hands of platform holders. So instead of the Federal Reserve printing cash, a bunch of miners or POS stakeholders generate cash. It's the same system, just with different people in power (currency = wealth = power). The sad truth is, we can't go back to trading goods and we'll never escape monetary servitude (without huge wealth). Wow, that's bleak yet money doesn't buy happiness (or so they say) hehe. Take care.
Its not that I believe it is more valuable. Its that everyone thinks its more valuable. Its that consensus which determines currency and its value. The same is true for crypto. People create the value by collectively believing it has a value and then by expanding accessibility so that more believe in the value. The reality is, if people decide something has no value, it has no value. This is how an economy works. I would prefer people trading parsnips for potatos personally.
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yes, that is correct. The thing behind this is, we let the bankers impose a failure of a system, making us change our real assets for monopoly papers, and made us believe that adquiring this we would acomplish true happines. I too prefer that we get back to trade with real items. Cryptos will be the new monetary system so we have to take advantage of that and from within build a new world where we can be free from the ancient debt machine. Thank you for your comment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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I don't think crypto is the answer. You dislike bankers, well crypto just puts the power to print currency into the hands of platform holders. So instead of the Federal Reserve printing cash, a bunch of miners or POS stakeholders generate cash. It's the same system, just with different people in power (currency = wealth = power). The sad truth is, we can't go back to trading goods and we'll never escape monetary servitude (without huge wealth). Wow, that's bleak yet money doesn't buy happiness (or so they say) hehe. Take care.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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