In 2008, a technology was introduced to the world that has the power to replace all financial systems globally.
Full Consensus Distributed Ledger Technology
This technology could contribute to a major paradigm shift in the area of currency and global trade, effectively helping to put central banks around the world out of business. And since the inception of the Federal Reserve back in 1913, with its self-destructive monetary policies, it's eroded over 90 percent of the purchasing power for Americans.
The Federal Reserve and central banks have rightly been criticized as the biggest scam to be perpetrated on humanity. Ending central banks seems like it would tremendously benefit humanity.
“[This technology] is so powerful that if captured and controlled, it could enslave all of humanity.” - Mike Maloney
It's only been a few years, and there is still a long way to go yet. But this technology could drastically transform the world around us in ways that something like the internet has helped to change our life and improve our standard of living.
This technology could bring an incredible amount of new prosperity if allowed to remain free.
Cryptocurrencies are described as being light years ahead of the current technology that we've got today. And a great deal of people around the world are already using them to do a variety of things, including paying for everyday goods like hotels, food, airplane tickets, and more. We're here on steemit earning some right now!
Many people are worried about what might happen when the government decides to get more involved with this technology in the future. And it's important to question the motives of the people who might want to crackdown on this technology because it is a tool that could free humanity in many ways.
Sources:
http://bit.ly/2kMftUP
https://en.wikipedia.org/wiki/Cryptocurrency
http://www.valuewalk.com/2017/12/bitcoin-versus-gold-vs-silver/
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