Ever since the times of the Romans, the elites have always had all sorts of distractions for the masses to be served. They built arenas to entertain the masses, "invented the circuses" and so on and so forth. The man of today is not much different from the one 2,000 years ago.
Fear, distraction, and ignorance have pretty much held their supreme reign among the masses and these are powerful weapons in the hands of our world's leaders. They know that and they have not ceased using these.
We no longer have arenas and animals fighting humans anymore but we now have football, boxing, so-called reality shows, and so on and so forth. All for the sake of keeping us tamed and compliant. Bitcoin is an anty system technology.
It does not align with the elites from any standpoint you look at it. The only "flaw" that I see about it is the transparency of the transactions on the blockchain. Other than that it is uncontrollable. Hive pretty much falls in the same category.
Yes, you have the possibility of a large entity buying up tons of Hive and trying to change the way things work around here, but look at what happened with Justin Sun's attempt at doing that.
The problem with Bitcoin is that it was designed to free us from the old money, the old rules, and banking systems, but what came after Satoshi went silent is not actually according to the plan IMO. Bitcoin maxis don't spend as much BTC as they should, they instead hoard it and talk about it as an "unspendable asset" when in reality this is not what it was designed for.
Maxis are not alone in misunderstanding Bitcoin and other cryptocurrencies, although they portray themselves as holders of "the knowledge". The second category that I'm pointing at is traders, especially leverage traders, who mostly treat it as nothing more but a means to make more dollars. I bet most of them fail at that too, but that's a topic for another post.
They don't see blockchain technology and cryptocurrency for what they are, and instead, they're interested in banking on these. They should ask themselves, though, what currencies are they banking in with Bitcoin. I don't know about your country's currency, but mine got devalued a lot over the past couple of years.
The masses(maxis and traders included) are mostly dead wrong in their approach toward crypto whilst Hive is proving to be making quite valuable steps towards mass adoption of crypto(the way I see it). I am a person who lives off crypto and uses crypto for everyday purchases for some good years now.
I also plan to keep most of my wealth(no matter the size) in crypto for as long ass possible. I have also been thinking lately to even close my bank account... But anyway...
Hive not only managed to "stay immutable" and pave the roads for future alike social media apps, but it has managed to use both its L1 and L2 tokens for the sake of what these are, crypto-currency. Every once in a while we get to see posts on Hive about how people in Ghana for example raised funds through Hive and built all sorts of social projects over there.
Then we have shops that are starting to accept HBD as a payment currency in Venezuela recently, showing the power of Hive and its "so-called stablecoin". Such mass adoption happens in developing, or underdeveloped countries because these ones need it the most. The masses love the dollar or whatever currency they're using because it is convenient to use these.
Once you get a real taste for crypto, it's hard to get back to the old system. Oh, and before I end this post, these countries that are oftentimes called underdeveloped are not actually underdeveloped, they're overexploited and their citizens are stripped of their rights to wealth. Luckily, the mass adoption of cryptocurrency is coming from such countries and people.
That's about it for now. I wish you all a great Sunday and see you next time.
Thanks for your attention,
Adrian
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What is the plan exactly? If you think it is to transact with Bitcoin daily, then Bitcoin must become a store of value first in a free market economy so that it can be even possible. We are still in the monetization phase, once Bitcoin becomes a major chunk of the global and personal balance sheet, then the case for spending it becomes more attractive.
It doesn't really matter what Satoshi designed it for, the market ultimately decides. And if somebody wants to store their value in Bitcoin and it manages to deliver that aim, then why should they spend it?
Just because that someone has had enough with the establishment and the system. Then the dollar valuation of Bitcoin becomes irrelevant.
I love the picture of people holding the bank while governments and bankers are squeezing his pockets. I remember another image that I cannot find anymore, of people holding the chessboard and potents playing on its top. When people will understand that by rebelling and avoiding slavery behaviors they would easily subvert historical trend, we will see another huge freedom wave
If many more would think like you...
It's a domino effect.
You start talking with two people, that talks with two people, and so on.
BUT, there is also the other Domino Effect. When the Bad Guys are having their own Dominos beating a lot of people down their way, we can be the Domino pieces that do not bend the knees. In this way, all the Domino pieces after us will stay still, without bending the knee as well.
They do a "falling Domino" and inside their cruel game we do a Standing Domino, leading other people to such ideas and concepts!
What is happening in Africa and South America with crypto is the real future.
Bottom up adoption of sound digital money will finally allow the citizens of these countries to create economic prosperity.
Current rich countries that block crypto will be poor countries in 50-100 years time.
Argentina was the richest country in the world 100 years ago.
May your words come true. Interesting information about Argentina. I wonder how it has lost that status over time...
I agree that the governments are indeed still organizing "panem et circenses" (Bread and games) to distract the masses from all the corruption / scandals and all the problems we're facing at the moment.
The more and more I learn about crypto, the more and more interesting it gets. Although it's just rather a hobby for me at this moment, I'm 100% sure it will help me to achieve financial independence!
It is a way of life for me.
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I wonder why people continue to fall for these distractions initiated by the elites. I think there are cracks on the wall and anyone who has the eyes to see will notice it.
The shift happening with cryptocurrency and blockchain technology has the potential to bring power back to the people provided we know how to utilize it. There's still a misconception with the technology and the culprits are obviously the elites!
And we still have people who’ll say. Cryptos don’t have any intrinsic value.
Posted Using LeoFinance Beta
Thank you for appreciation.