RE: Trumping Social Security for BlockChain?

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Trumping Social Security for BlockChain?

in social •  7 years ago 

I can see them getting rid of banks as we know them now, but trust and know that the bankers will not find themselves going extinct in this economic evolution. Not sure what that will look like in the future, but there are already major banks investing in cryptocurrenices. You also wrote an article about JP Morgan and the stunt that was pulled to lower bitcoin so he can buy up at a low price then hiked the prices way up again.

Who knows what new form of system will be put in place if we let the government and monopolized private sectors (such as the banks) take control of cryptocurrencies (which was intended for a free and decentralized market).

I know I'll continue to invest as I learn more and try to stay on top of this economic game.

Peace brotha and thank you for the info!

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I agree, these banks will work to keep whatever pennies they can, but over time — and although it's hard to fathom — they will become obsolete. The best thing we can do is participate, the worst is not...
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  ·  7 years ago (edited)

What some don't realize is a lot of these ICOs and easy money making schemes are tied to FED. We have to be knowledgeable to move in such a way that we aren't opening the door to 3rd parties. It's very simple. Don't use crypto-currency as a back up plan. Decentralize the mind or fall for the same old tricks

True statement. I look at all these new ICOs as suspect.
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