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RE: USD Scam Coin Surpasses $20 Trillion in Debt, but You're Supposed to Fear Cryptocurrency

in #cryptocurrency7 years ago

Great post, i'll take time for the videos soon. Like @damira wrote even academics doubt or don't understand cryptocurrencies. They are more on the "Jamie-Side" without knowing what darkness behind it.

We are so trapped in fears and habits that our mind is closed. The example with the debt is great because it shows on one hand exactly in which crazy system we live and there are on the other hand many loyal people who bring their hard earned money to the banks for no interest (negative interest due inflation and much to high fees) and they think they own real money which is just debt, printed fiat money and the banks continue playing games until the next crash..

I talked today to a colleague about current developments, like the mining frenzy and he said something funny but also something i thought a litte longer about: "Tell that to your mom.. try to explain all the things like mining farms, alternative currencies." i answered quickly "I must not do that!"

But the thing is, if just a small percentage understand at least the basics of cryptocurrencies who will get freedom? The lifestock farmers or their cows or how unequal is a new distribution of wealth?