Every system has faults. Faults inspire change. Change is inspiration for critics. Governments prove this process always.
Critics can be helpful, but frequently they conspire to benefit from change. I suppose fortunes are made simply by recognizing change and positioning to profit when changes happen.
I believe this is currently in play with fiat currency. History shows that all fiat currencies in the past have failed. This time will not be different. Existing groups who profit under the fiat currency systems are fighting with all their might to keep the game the same.
Crypto currencies offer a new game with new rules. The honesty offered by blockchain technology destroys many strategies that have been prosperous within the fiat system.
Hence, we have been exposed to new criticism about cryptos. The easiest weakness to expose has been price volatility.
Price volatility is however the reason why many people will rush in to profit from the new financial system. This won’t happen without a fight.
Here is today’s beauty.
