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RE: Steemit, A Gateway to the New World

in #steemit7 years ago

Great post man it really resonated with me the way I'm feeling about crypto, blockchain, and Steemit right now. I do think that within the next 1 - 3 years we are going to see the debt laden fiat system blow up (stocks crushed, real estate down big, defaults on loans everywhere etc.) and we'll have to go through a real tough period worse than the previous crash in '08/'09. I believe the answer to pull us through the coming wipeout will be more people embracing a new system with the newest tech and blockchain/crypto at its core. Many people don't realize how much of a role our current fiat system plays in controlling the situation they are in right now. We just need to educate as many people as we can to turn this movement into an unstoppable tidal wave that crushes the old system and makes the world so much better for everyone that's not currently a rich "elite" out there!

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Thanks @altccy! I think the financial system is in a bubble right now too and I agree this crash will probably be worse than the previous one. As I've written about before, my wife and I were nearly ruined financially by the Housing Crisis in '08. We didn't think we'd ever recover...we did but it consumed nearly a decade of our lives. Now that we're involved in crypto this will never happen again. I appreciate your participation in this conversation!

The same thing happened to me. Got crushed in the '08 crisis both in stocks and having my business go under. Took me a long time to dig out but doing well now and even better with cryptos here. Only been on Steemit a little while but loving the community and idea behind it already. Great to meet you!

Great meeting you too!