I feel like I see a lot of people thinking they are saving the world by buying bitcoins and forming an alternative monetary system to out smart our evil government and media corruption but after a few months of really immersing myself into the world of crypto I see nothing has changed.
We have ico paying for media exposure for their tokens, paying people to talk about their tokens on social media, people endorsing coins for rewards.... it’s manipulated just like the normal markets. Also ppl are literally putting in their whole life savings or re-mortgaging a house without any real clue about trading or crypto then when a coin doesn’t moon in a week are like my kids need to eat ! How many companies can literally pull their stuff together in a week, it’s all become about instant gains. It’s created so many emotional reactions that ppl have become controlled by the media because they are so easily driven by fear mongering and positive news stories and fear of missing out or fear of loosing. I do think that the ppl that start coins at least some really have great intentions but I always think even the best, cleanest, most pure currency and idea in the world can be corrupted in the hands of ppl who are greedy, the only thing that can ever rly change anything is our attitudes to money as a society.
Whilst we still have media manipulation, rich (whales) pumping and dumping coins to get rich and screw everyone else, scam coins etc etc crypto will only be the same as our current financial system... corrupt and controlled by the rich and greedy. We could trade in pebbles and it would still be the same. Someone making only yellow pebbles trendy, someone stealing someone else’s pebbles. What I’m saying is the currency alone cannot make us have a better world it’s just a tool. It’s our values and trying to create an eco system we can grow and take others with us that will help, a system where everyone looks out for everyone not just themselves at the expense of everyone else.
Change has got to be a spiritual inner change I think any attempt to manipulate externally to try and make a fairer financial system will ultimately end up in the same place. crypto can offer a great potential platform but if ppl are gonna just go in and play by the same old rules it will be just the same. Whatever currency we have will end up as a reflection of where society is at with their relationship to themselves, the world and fellow humans.
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