Mainstreammedia outlets, Banks, Social Media platforms and people who choose to follow those publications have to learn more about distributed Ledger and the benefits it possess for the rest of the world. Word to the wise to the manipulators, rumors spreaders and their deceitful behaviors and mannerisms when pertaining to crypto and Blockchain.
I realize one thing as of late, this world has small minded individuals, who are going through their own self discovery. So they become ignorant to others and become toxic, especially when it comes to generational wealth gap.... Those same individuals will always have their crew, like it’s been stated for decades, birds of a kind fly together.... Individuals who use their brains should know right away these are small minded people. Instead of taking the time to learn and understand crypto, they would simply use mainstream media rhetorics....
Small minded people seem to always talk and act a certain way towards crypto e.g., Banks.... They are prone to using manipulation, false criticism and bashing the underlying crypto assets because they choose not to learn about it. These banks are doing everything in their power in order to get their ways.... They Deliberately pretend and intentionally mislead the masses by posing their words or actions as a conservative critique for crypto... These people are afraid of their reality.... So, instead of paying attention to how they can empower the masses with the banks offerings, they’re focus is to misdirect attention to calling crypto a FAD, something they are not worry about, but the bottom line profits are slowing going downhill... Crypto Enthusiasts are well aware that those statements are not true.... Unfortunately, the masses are more inclined to follow those so call leaders and brainwashing mainstream media publications....
We get it, the essence of crypto has turned their business model upside down. They can no longer fool the people, especially when they are other assets the masses can invest into instead of those B.S CD accounts they offer which inflation beats. They wanna see the market go down in value and use their biases to control the narrative the masses see and hear.... If you participate within the crypto community you have to realize this is not just about money anymore. This is about control, power and they are not going to go down without a fight. These banks will do everything but not limited to using Politicians and lobbyists groups to try to subside crypto as a whole. These banks do not want to give up the current hold they have on the masses which is pure control. That is what we refer to as confirmation bias.... The information doesn’t have to be true in order for the masses to believe it....
We have to realize we the masses have all the control and power. Unfortunately, we are so quick to give it up for a little incentive from Banks, to social media, to credit card issuers. Like Goldman Sachs Group, Inc CEO stated It’s ‘Arrogant’ to Think Cryptocurrency Won’t be Successful. He followed that up by saying “If you go through that fiat currency where they say this is worth what it’s worth because I, the government, says it is, why couldn’t you have a consensus currency?”
One thing I would like to know from all these bankers and social media providers, when have they ever asked us before implementing rules on their platforms? The lack of Democracy has created scary scenarios for us the end users. Which in turn has created monopolies which are slowly but surely becoming Conglomerates in the tech sector. Take Facebook for example, they are so quick to purchase their competitors because that would give the end users choices, which they simply cannot have. Key reasons why we can import our contacts into Facebook, however we cannot exports them in a Legible readable manner if we want to migrate to another platform. As an IT professional, I find it odd that people are not provided choices when it comes to social media platforms. The Fin-Tech sector is getting smaller and smaller each year due to corporate buyouts.
From my simple minded understanding is that such business model should have never been adopted by newer Fin-Tech companies. This centralized companies should provide us the end users reason as to why we should continue using their archaic systems. I’m a firm believer in the decentralization business model, where there is democracy and consensus before anything is implemented i.e., Bitcoin, ETH, ADA, ICX, and EOS. I see centralized systems I.e., Facebook, Twitter, Uber, Twitch, and Airbnb migrating into becoming decentralize applications. DApps are the future and no one can tell us otherwise without concrete evidence as to why we are misinformed and wrong.
I don’t think anyone is asking me for my opinion however, as far as The Fin-Tech sector is concern. The Fin-Tech sector has become lethargic and Pathetic in my humble opinion, there are no more innovation just buyouts. When it comes to innovation, we the end users are stuck using the same platforms which are utilizing the same UX and UI from 5 years ago. Technology should be use in conjunction to innovation not Monopolizing the Sector. An our so call politicians and government as a whole allowing those buyouts I.e., ATT merger with Time Warner Cable or T-Mobile merger with Sprint. These should show us that these companies bottom line is profit and not the end users experience, which is pure laziness by these corporations leaving us the end users with fewer and fewer choices in the end.
I don’t speak for everyone, however I do speak for myself. I stated that to say, I know the sayings is, if you can’t beat them join them, however they are so many new startups with very promising future. Unfortunately for us end users, those Developers become blind by money and forgot the reason they initially entered the sector which was to innovate. Developers have to understand the reason why anyone let alone big companies will want to purchase your business is because they see value and they know they’re going to get more from your business. However if we don’t sell our smaller startups will end up beating out those businesses e.g., Amazon versus Brick and mortar stores. Let’s say Amazon sold out, Amazon would be owned by a different company. Jeff Bezos would not be worth the amount of money he’s worth today. Fortunately, Amazon was not blinded by money and carried out operations as usual. Now they are the ones who are taking over other establishments. Amazon was smart enough not to sell out. This brings us back to the now we are seeing rumors of Coinbase potentially selling out to Facebook. If this buyout does happen, it will show us Coinbase was only in the crypto sector for monetary means and they’re merging with other companies was to Bolster their evaluation to sell out.
Just because they don’t see our vision doesn’t mean our vision is wrong. There are always disbelief in general regardless if your right or truthful. Others for the most part most of the time if not always have there are hidden agendas. Always be skeptic of others, until you know there true intentions... let us be the insane ones, who will end up succeeding at the end of the day because we see the vision and we pursued it.
Hence, I understand this world is both complex and funny.... We should appreciate everyone’s opinions, but they should know this, the only voice which matters to us is our own.... Remember this, absolutely no one in this wold is going to look out for your best interest like you.... For all that is holy please stop selling your cryptos because of FUD from countries, social media, and mainstream media publications which are owned by billionaires and millionaires.
Lastly, I understand this is a long post. So, I thank you all for taking the time for reading it.