...The central banks are in a corner...
...the try to control cryptos...
...they don't want people to use it...
Demonizing cryptos, gold and silver. Afraid of pressure against their debtbased fiat currency. Crypto - completely decentralized, truthless, no needs for banks. THey just informed everyone why crypto would demolish their fist currency and thus their entire system.
if they would go and create their own kind of crypto coin, there would be a problem. Cryptos by default (at least the serious ones) are decentralized and central banks like centralization, and thus they might centralize their crypto currency.
It hits them in the very core: they can't control it. Thus what do they do? They are going to attack it. And look how strong their power is: no matter how much good news comes out, the market goes down.
Cryptos - and so might Gold - make central banks unnessecary and that ain't no fun for them. Why? Because we can trade through cryptos as it is faster, more secure and less easy to be tempered with. It is a win win for everybody, except the ones having the power, aka own the fed.
Since the seventies the USD (fed note) is down 70%, since its inception about 95%.
So how long will it take, until we reach enough people in order to create a shift, where we finally are willing to adapt a new economy? A freer, more secure and more fair one for everybody? We will need patience.
The FED creates money out of thin air and thus bubbles. They seem to even admit they helped cause the great depression. The FED has been a business failure as company to run an economy.
So why do we still use that system? Why do we partake in a system that is so heavily controlled by a private company against whom we can't say anything and that doesn't help its employees - humanity?
We don't have to live in a system like this, we don't need such big and complicated government.
Will we soon see a world of communities and gov's doing it's finances, votings and administrations through dApps and with the help of blockchain?
It seems so... so maybe you want to prepare yourself.
If you like to help us build a foundation of a loving, compassionate and passionate community that helps the poor in need, educates the unknowing and fights the good fight for the benfit of all, you are very welcome to donate or help us. Let me know!
Cheers - the oneQclub