Crypto-Currency Trader, Hodler, and Block Chain Enthusiast
As a finance major, I could see that there are major problems with our current government and the entire banking system. The truth is that all the banks are broke, and they are broke because we have a system called fractional reserve banking. Banks can lend money that they don’t actually have. Moreover, The government has a fiscal policy called Quantitative Easing, the artificial of printing money, which if any ordinary person did they go straight to prison, while governments and central banks do it all the time. Whenever the central bank runs into debt, they simply raise the taxes and print more money, and by doing that, they are taking away wealth from their citizens.
But thanks to Satoshi Nakamoto, the person or people who developed bitcoin, crypto-currency was created as a counteroffensive against financial institutions and corrupt governments. crypto-currency has the power to disrupt this system with the ability for all to powerfully and equally join the global economy through a decentralized, fair, and transparent system enforced by a cooperative community.
A little information about my background, I am a 25 year-old Taiwanese, and I am more than happy to see Taiwan doing very well in crypto world. We have Mithril, a decentralized social media platform that rewards all content creators, Cobinhood, an end-to-end ICO service provider, and a lot more crypto-related startups coming into the game. In the past ten to twenty years, the world was in the golden ages of the Internet and software era, but Taiwan has been lacking international sound and volume during this period time. As a matter of fact, many outstanding Taiwanese talents have gone to work for foreign businesses such as Google and Apple. These talents who did not stay in Taiwan to help contribute for Taiwan is our great loss. However, seeing how Taiwan is becoming Asia's blockchain research and development center, I have confidence that Taiwan will be a big player in the next era.
I believe in cryptocurrencies and block chain. I welcome the positive impact it is having in the world and the power it has to absolutely disrupt our future in the most beautiful way. I cannot wait to be a part of it while it unfolds, and having the opportunity to join the community and revolutionize the world excites me.
Gareth | March 22 2019