I think your final phrase is a good point. Especially in developed economies, debt is a big issue that keeps people in the rat race. That is going to be hard to fix because the powers that be have a huge incentive to keep us indebted as it keeps us relatively compliant. If we want to get rid of wage slavery, we are going to need to start using cryptocurrency more for basic living expenses so that the framework for exiting the system can be built. For example, if farmers markets and small groceries except Bitcoin for example (and maybe even energy co-ops), there will be a good framework for beginning to make it more streamlined for people to opt-out of the system. Until we can avoid using the regime's money to live, we are going to be their slaves.
Yes the whole situation is completely messed up. Those who have it and those who don't. The rich keep piling it on and the poor keep getting deeper into debt. Followed.
Right - and since, at least in the US, the central bank targets inflation at 2%, and there are increases in other costs do to distortions in their markets (e.g., healthcare and education), people have to make a fair amount nominally more each year just to break-even. That is why it would be powerful to become to develop cryptocurrency alternatives for core requirements in life (energy, food, etc...) so that a parallel economy can develop that is inflation proof. An inflation proof currency is just a medium of exchange; whereas, currency now is the dark elixir the powerful use to weigh down us plebs.
I think your final phrase is a good point. Especially in developed economies, debt is a big issue that keeps people in the rat race. That is going to be hard to fix because the powers that be have a huge incentive to keep us indebted as it keeps us relatively compliant. If we want to get rid of wage slavery, we are going to need to start using cryptocurrency more for basic living expenses so that the framework for exiting the system can be built. For example, if farmers markets and small groceries except Bitcoin for example (and maybe even energy co-ops), there will be a good framework for beginning to make it more streamlined for people to opt-out of the system. Until we can avoid using the regime's money to live, we are going to be their slaves.
Yes the whole situation is completely messed up. Those who have it and those who don't. The rich keep piling it on and the poor keep getting deeper into debt. Followed.
Right - and since, at least in the US, the central bank targets inflation at 2%, and there are increases in other costs do to distortions in their markets (e.g., healthcare and education), people have to make a fair amount nominally more each year just to break-even. That is why it would be powerful to become to develop cryptocurrency alternatives for core requirements in life (energy, food, etc...) so that a parallel economy can develop that is inflation proof. An inflation proof currency is just a medium of exchange; whereas, currency now is the dark elixir the powerful use to weigh down us plebs.
As long as the government doesn't mess with it! Which we are all lying to ourselves if we think that the government will leave us alone.
Yeah> lets broke this wall!
I agree 100%. Followed and thanks for your comment.
thank you