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RE: Most People in Crypto Don't Really Care About a Financial Revolution

in #bitcoin8 years ago

You are absolutely correct. Many of the 'whales' that are manipulating the markets could care less about cryptocurrencies. Their sole purpose is to make a gazillion dollars. Shucks! I don't care about cryptocurrencies. I buy and sell regularly for pure profits. There are only a few that I hodl based upon a few parameters I apply in my decision making.

We see more and more government regulations around the world and financial institutions sticking their noses into the cryptos space. USA is still trying to figure it out even though they have declared cryptos as a commodity or asset class. They still have yet to figure out how to 'control' them or implement policies surrounding the same. It'll take them quite some time ... Halleluah!

Now you are hearing ad nauseum about financial institutions, corporations and government entities jumping on the cryptos bandwagon. Wait.. I take that back. They are jumping on the blockchain bandwagon.
Shucks! Look at Ripple (XRP). It ain't about 'freedom' or 'social change'. It is about corporate financial transactions.

XRP cryptocurrency is the 'currency of last resort' in the ripple network. How ironic.

I can see it now... 10 bankers creating a private blockchain where only they have control. BIG FAILURE! Because they don't even trust one another and will stab one another in the neck and back simultaneously. Rant off...

With that said, I do envision and am contributing to bringing cryptos and blockchain into communities to take us off the grid. But it is a hard-sell because people are still not sure whether they want to take the red pill or the blue pill...

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people are still not sure whether they want to take the red pill or the blue pill...

How about the green pill? You know, maybe Morpheus was hiding other pills around that he did not show Neo? Doesn't make sense? No, probably not...