I know that every last one of us has had a conversation with someone that does not believe in cryptocurrencies. I myself have had many of these conversations with doubters and because of this I have been thinking of a way to be more convincing when discussing this topic. Come along on this short video as I describe my thought process on this argument and why I believe it is a good way to convince the people that have very little faith in this revolution. Hope you enjoy the video and gain some insight along the way. Cheers!
Music credit goes to www.bensound.com/royalty-free-music
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STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
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Woot, woot, woot :D
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Digital currency and Block Chain is the future elite control system ... But current 'freedom fighters' are developing, financing and peddling it to their peers ... what a tragic joke.
Social Crediting ... look it up.
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Thank you for your perspective @sauffaus. We will see what the future holds :)
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Sadly Germany's currency died years ago and is now the 'Euro' like most other western European currencies, and I believe is based in very heavy debt 😭
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Yeah as I was saying it I began to heavily question if that currency was even around anymore. Thanks for helping me clarify that one :)
I seriously do not think there is a currency around that isn't based off of debt in some way, shape, or form. It's mental!
As always appreciate your comments my friend :)
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Thanks @maslowmission
I agree that there is no reason why "cryptocurrency" shouldn't in time be treated and used as a reliable store of value in just the same way that a "yellow" metal is now.
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100%, all that is required for it to hold that same value is having enough people believing in it. This will come in time and their will be loads of people saying, "man I wish I had listened about cryptocurrencies." The dot com boom of my generation I believe :)
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Too true!
The most important thing is for the inventors / "issuers" of the various cryptocurrencies to remain (and to be seen as remaining) honest, non corrupt and stable.
Like all currencies the value depends on the faith that the market has in the integrity of the issuer, and once that is gone....well you only have to look at what happened to the Zimbabwean Dollar which went from ORIGINALLY about $1US to $1ZWD in 1980
to $1US to $35,000,000,000,000,000ZWD (i'm not making this up) in about 2009 (i.e worthless) before being disbanded.
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I have heard about this insane level of inflation before in regards to the Zimbabwean dollar. This is what happens when a centeralized institution decides to make the decisions to continue to print money that is literally attacted to nothing. I honestly fear this future for the US dollar. This is why I am slowly moving myself into the crypto space and moving further from the traditional fiats. We live in pretty chatoic time when it comes to world economy and I do not want to see my hard earned money lose all of its value because of a few imbeciles making decisions that only will benefit them and not the layman. These are the cards we have been dealt and it is up to us at this point to play our hand correctly. Thank you for the insightful discussion @divard. It's always good to know others are seeing the same trends that I am :)
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Thanks @maslowmission have a great day!
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