Financial freedom, security, decentralize banking system, these are the things we need. I heard stories about Filipinos working abroad, stories about how old banking system lose their hard earn money. These people work day and night to earn, to give their families food on their table, home to secure them, life at least what we call normal living. When information is at risks, these banks doesn't seems to care. Money being stolen just like that, investigations that results into an endless loop, "good people working, bad people stealing". We are tired of this old financial banking system that is so corrupt that even from roots to leaves are doing everything to take something from us. Because of this cryptocurrency was born, people move from fiat to crypto in order to leave the old corrupted banking system that's been slaving us for years and years to come. Then Decentralize blockchain was born. Though it was young it continuously evolving with the help of few people wanting to build a safer banking system that's uncorruptable and risks free. But every changes there will always be a hindrance, people who wanted to keep us from the old system so they can continue stealing our hard earn money. They make laws and taxes, so we can't venture further more in the form of what we known as SEC(Securities and Exchange Commision). They create laws to take what is our, they do whatever they want because to them that is the law.
"WE", the people have the power to control what is ours but this people will never let that happen. I remember working as nurse in a hospital with minimum wage of $6 a day. I can't even feed myself properly with the growing everyday expenses. Continue striving to live, I move into a different work that's totally unrelated into my field of knowledge, I moved into BPO(Business Process Outsourcing). Though I wage increase it's still not enough and there's always the risk of my money being stolen by crooks working in the banks. Every pay day, I always withdraw everything. I don't trust these banks. then I learned about cryptocurrency. After learning so much, I learned about decentralization, where you can save your own money your own way. The financial freedom I'm always seeking was finally answered, but dreams like this doesn't happen within a day plus there will always be a hindrance to keep us from their chains. I always keep these words on my mind, "The biggest criminals are the one's who sits in the government office, wearing ties and suits".
If we don't act together, our dream will always be a dream. Law and order was supposed to protect us from criminals, instead they are the criminals in our society. This only proves that we people are being toyed by what we called "government". See what happened to Arisebank. Raiding them and pointing guns in their faces, just because they wanted to build a decentralize banking system for everyone. This are the law that we will be seeing in the future if we continue to let them do what they wanted. One day, while sitting in your office, in your favorite chair, there will be a time that they will take you just because it's the law and you have to abide. Remember that "you are paying your taxes for these people to work for you but instead you are paying them to take everything for you". We can't prevent this from happening by supporting AriseBank in their fight against people who wanted to keep us from what they call "law" but to us what we call "stealing".
Do you know why Asian countries doesn't like the United States and other western countries? Because they think all mighty of themselves. They think they are the law, and everyone needs to follow. If you think SEC will only stop what they think to them is a "scam", you're wrong, they will take everything from us slowly. We must act now and support AriseBank in their fight. #WeWantOurBankBack #StandWithAriseBank. I will fight for my rights! I'm not even residing in the U.S. but they still took what is mine. Fight this fight. Fight for our freedom!
Credits: @orelmely
In order for someone to be "rich" there must be a person who is understood as "less rich" or "poor". Wealth is generated through a combination of labor (manual, symbolic, creative) and capital (factories, technology, materials). However, once wealth is generated, that wealth is shared unevenly. The guys who make the cars have a smaller share of the wealth generated (in the form of wages) than the guys who own the factory (in the form of profits). The capitalist is rich, and the worker is poor.
In order for someone to remain rich, this process of unequal wealth distribution must continue. Profits increase when wages are lowered or workers are laid off without a loss of productivity (i.e. the workers are worked harder). Indeed, check the stock prices of any corporation after layoffs are announced. There is tremendous amount of pressure for companies to squeeze as much out of workers as possible and to show how much profit they have made.
But the problem is within the government. Health insurance official from our government here in the Philippines earns millions of pesos through corruption, then they increase the tax more in order to suffice their needs. Even NGO(Non Government Organizations) are used by government officials for kickbacks. Now, the salaries of policemen in the Philippines are doubled, but did they change the safety and order in our country? No, there's still kidnapping, robbing, killing even in broad day light. They make law to provide for themselves and law to protect them from doing bad things.
We are tired of the old corrupted system and work hard to elect the president we wanted. After our hard effort a lot of changes happened. Corrupt officials getting prosecuted, drugs factories getting raided, and so on. . . We too can do that in our crypto community. We can fight these crooks(SEC) in exchange for our votes. Too bad I don't reside in the U.S. but if I am, I will fight for what is right. We have the power to elect the people who will lead us on this fight. Senators need us in order for them to have a seat at the government. If we don't let out our voices be heard, SEC will continue to do what they want whenever they want. This is just the beginning of a bigger fight. Our freedom is at stake here.
Upvote, as I know you hv a pertinent point here . I certainly realize that crime in #Phillippines is out of control (sadly) .
And I hate to see it . I Feel as u do (1 of my best friends being a Filipino Lady)
VOTED For yr comment !
Thank you @janashby! It truly is there's a group of kidnapper roaming across the region and I somewhat feel that police are doing nothing to stop this. They are kidnapping kids age ranging from 12-16 years old.
They are thieves .. as they can announce that it is scam .. if none of its investors denounced it ..
very good article thanks docmastery
#WeWantOurBankBack
Thank you @orelmely, let's take back what is rightfully ours. #WeWantOurBankBack
@docmastery, thanks for this motivation, u have said it all, crytocurrency is the only option we have an as individuals to have control over our money, thank God for crytocurrency blockchain , we must stand up together and fight any attempt to make this our financial freedom option unrealistic.
It is the western central bank system owned by the robber barons the nineteeth century which steals our money not only directly but also much more indirectly through inflation. In former times the money was owned by the people and it is time to bring the currencies back under our own control through cryptos.
i believe things are changing slowly and we will eventually move to decentalized system and blockchain, this will usher a new era of digital money like never before, time is comingand the bankers know it that they will have to give in to cryptos, hope that time comes sooner
all of them are poor poor peas free banks are the future of the poor poor of the centerlessness of the poor and the rich are equal to the centered banks no central banks are too bright for the future @Dicmastery
good article,
i am from Bangladesh,
our country financial condition is same as your article,
but education is the back cause of All financial & economical problem, i think
What a great article docmastery, Thank you
Thank you so much for giving this useful information in the form of giving link. I was looking for information about Ethereum. :)
Thank you for this info. I really want to be financially free. Am Ready to do all it takes....
you shear nice stuff.... economy play vital rule in the nation development... if the country fail to provide he basic right to their people then the country will not be stable financial
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Excelent!
Not just in the Philippines! It is the same in most developing countries of the world. The financial institutions have taken the country so much that it is. In an environment where people are working but livelihoods, those who hold financial power in an environment where taxpayers overwhelm employees and employers earn income. I do not have any eyes on anyone earning, but if this gain is worked out and contributing to production. Therefore, I hope the crypto money markets against the world and human exploitation succeed. I hope that one day you can continue on your path without passing the power of that power !!!