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RE: Big Banks and Crypto Something To Look Out For!

in LeoFinance17 days ago (edited)

I don't doubt they will make this their goal. CBDC styled currencies are nothing more than banks or corporations trying to mimic the de-fi blockchains in a centralised manner. The reality is they know they don't have a choice but to submit or compete. One can only hope that the vast majority of people coming into crypto actually learn why deflationary and decentralised crypto must be chosen over centralised copycats.

The reality is the current world financial system has been manipulated by these henchman to favour them so that the average person does not obtain fair value of wealth for your time exchange and productivity over the course of your working life. Anyone surprised we have enough wealth in the world to feed the world 4 times over yet here we are with top 3% owning more wealth than the bottom 97%?

It is deliberate in it's design to stop you from becoming self sustainable and achieving your own fair value, so that they can continue to maximise their returns off your productivity and reliance on their system through near poverty until your too old to contribute enough value. Then they give you the last 10 years of your life to 'retire' and make you think that's normal having spent 60 years of your life being pillaged of fair worth and value through inflation, taxes and sub-standard investment returns. Meanwhile they eat Wagyu Steaks, pork loin and fancy dinners and $200 botlles of top shelf while you've eaten backstrap, pork shoulders, unhealthy cheap takeway and cheap alcohol all your life just to get to that 10 years of luxury for your hard work.

The more people understand this, and the more we realised we have been short changed of fair value for our working efforts, the more people will continue to not buy into their efforts to enter the crypto space with their own heavily ce-fi'd currencies, the better off we all will be.

Once our money enters crypto, if one is well versed, it can be used to achieve fair value returns as their is no middle and top thugs taking out their cuts along the way. E.G 15% for HBD over 5% in a bank. And yes that can fluctuate depending on market conditions but overall mechanisms like HBD and other stables staking across the space mostly provide an avenue that not only competes with inflation, but absolutly smashes it as an investment vehicle. The same goes for deflationary tokens like BTC. I know I'm preaching to the choir here but we all have a duty to educate ourselves and our peers what this means in terms of fair value returns and wealth generation.

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