It is not to late, use believers in cryptocurrenty and a truly decentralized system are getting closer and closer for that day to become a real reality.
More and more headlines clearly show why we need a decentralized system, the amount of money, fraud and crime that happens with fiat is staggering and limited for a few big banks. But with crypto currency we are fighting back and so far in a good battle to actually WIN!
A few things for bitcoin before we jump into it, we are now in Q2 in which has shown bitcoin in the course of history to start to uptick in price the spring sees small bumps until we hit late summer and fall when things really start to climb. If history repeats itself for bitcoin like it has the last few years we could be looking at some serious amounts of value here!
Now to jump back into it...
🏦 We all know Jamie Dimon right the JPMorgan dude we all bailed out with our hard earned money for them to just walk away with well he also called bitcoin a fraud and said it would never be considered as a currency.
💳But that changed with JPMorgan said any bitcoin buying with their credit cards would be treated as cash advances which come with heavy fees and higher interest rates. (Yeah way to contradict yourself to try and make even more fiat you scum bank!)
Well now JPMorgan has been slammed with a nice $1 million dollar lawsuit seeking damages based on JPMorgan slapping fees and charges on unsuspecting customers which their fight is a breach in the US Truth and Lending Act which is designed to protect customers from unfair credit billing and credit card practices.
We will see how this plays out but continued fight banks to banks who are "to big to fail" are now going to see they can fail and really fail hard for this shady practices.
The problem is the Fed that incentivizes this behavior by providing the liquidity to do so. After the crisis, they have just been doing what they want to customer as the amount of banks (and thus options) out there have been reduced. Can you believe we actually pay to have bank accounts thru fees and charges? For money they use to profits by charging interest from! Truly incredible. Cryptocurrencies is definitely a path to side step the middle man.
I was just recently talking with someone about the actual amount of people in the spending and investing population of crypto. The number is surprisingly small, but appears to be growing at a potential exponential rate with the onslaught of attention Bitcoin and cryptocurrencies are getting. As time progresses I wouldn't doubt that more and more people will be investing in crypto as part of their portfolios and the crypto age demographic is going to drastically widen. Things are definitely going to get huge! -Respect
And not buying freaking ripple!
lol truth Ripple IS banks
The Banks got nothing on us.
Hope all is well @bitcoinflood :D
Followed and Upvoted, Keep up the good work and looking forward to more from you.
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Valor2S from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
We will win the fight, welcome the revolution of the cryptocurrencies of the 21st century
you can teaching me ?
Your post is very good!
Now look me in the eye and Follow Me @cryptopay-blogcryptocurrenty will be our future money 😁