Have you seen a parasite? They are plenty in nature because of their evolutionary advantage. They can tap into a seemingly infinite source of resources and continue to flourish under the ever giving host's generous body.
Now look at the way our global banking infrastructure is setup. Does it remind of something? We have outsourced our trade, commerce and finance to a seemingly parasitic infrastructure of banks, brokers, agents, insurers and auditors. The primitive system of sovereign government- backed currency has failed us multiple times to a point where today’s citizens are crippled by debt, inflation and middleman fees.
The most simple of transactions, one between a butcher and a consumer has been complicated by adding multiple banks, a credit card company and a POS manufacturer. We have outsourced our trust to these middlemen who charge 2.5% of the transaction in the name of convenience. That means a significant portion of the value generated in producing the meat goes to parasites that leech onto human productivity as their hosts. Situations in Argentina, Venezuela, Nigeria and many more such countries are stark proof that the finance gurus don’t understand the simplest paradigm of trade – The Value of the Trade. Goods and Services are procured by a mutual understanding and association of value.
When you factor in variables like daily interest, credit scores, inflation, quantitative easing and forex, the average Joe stands to add a large amount of volatility to the association of value. When this process was repeated and compounded over decades, we have reached a point of government over regulation, financial protectionism and out right out of control inflation. The 2008 crisis was averted by creating an even larger bubble that seemed to have bought us some time, but that is simply more compounded debt on the future generations.
The millennial is going to be the host with the weakest density of resources to feed the parasitic BFSI infrastructure that has grown inefficient, expensive and ever so fragile under its own weight. Here’s a list of all the people involved with the 2008 financial crisis where millions lost their homes, jobs and livelihood.
The people responsible are Knights of the Queen of England, Prime Minsters, Politicians, Finance Moguls, who are yet eaders still the of today. That means we all are fucked.
The point of punishing a crime is to prevent it from occurring multiple times. But when the penalty for a crime is lower than the actual profits to be made, then that crime is incentivized. Such is the nature of our banking system. People who manipulate, gamble and wreak havoc with the currency system have been let go with paltry fines and minor prison sentences as compared to the profit they had made
How do we unfuck this fuckery that has happened to us, as a people, repeatedly since coinage was first invented?
PEER TO PEER
The best way to kill a parasite is to stop feeding it. Technology has given us a paradigm opportunity to choose democracy over autocracy, to choose freedom over authoritarianism and to choose decentralisation over centralisation.
WHAT IS DECENTRALISED CRYPTOCURRENCY?
You needn’t buy a few coins to take part in this movement, but what we want is for you to take your productive capital, your business’s, your consumerism and your investments, namely the four cornerstones of the economy – Trading, Payments Investments and commerce onto a peer to peer system like Bitcoin. A system that is untouched by governments, religions or corporations.
The technology needs to find adoption at a large scale in a short amount of time. Currently, Cryptocurrencies are being used to store value, but not to exchange value, defeating the whole purpose of a currency.
We at CryptX financial see a future where you can pay your butcher in any currency of your choice, on a peer to peer basis without any middlemen or transaction fees.
We see a future where trading is accessible directly to everyone without brokers or financial agencies.
We see a future where investments are directly available through multiple sources without any agents or bankers being involved.
We see a future where commerce is cheaper, with no credit cards or payment gateways.
We see a world without banks, a world of Cryptocurrencies, decentralised and secured by you, the users of the currency.
Here’s an invite :
Come join us and #returncontrol to the people. Stop the banking and finance monopoly, exit the parasitic banking system. Let’s secure a better financial future, #usecrypto, #liveunbanked, #gocryptx
To know more about CryptX Financial :
See you on the real side of the economy.
Posted from my blog with SteemPress : https://cryptx.eu.com/live-unbanked-a-movement-to-democratize-capitalism/