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The Double Standard From Government
One of the funniest things I take away from sitting back and watching the circus of governments and so called leaders is how double standard they are or should I say two faced.
We see this constantly play out with Crypto. The most recent case is Solana and Melania Trump. For the last two years all we have heard out of Trumps mouth was trash talking crypto. I liked the guy before he flew off the handle with that crap. If a president or someone running for office is not pro crypto it's pretty simple they do not get my vote now. I believe crypto is one of the biggest pressing matters of our time that will reshape our world, governments and power.
Case 1:
Melania Trump has announced she is releasing a NFT backed by Solana such $SOL and MoonPay. There's nothing like trash talking something and then using it to make money and yes crypto is MONEY it has value no matter how much these so called gurus of money try and say it doesn't. Money/ Value is what one person is willing to do in exchange for that thing. Be it gold, silver, paper fiat or a digital currency it has value at the point of transaction.
Case 2:
However that's just the tip of the iceberg. The one that made and and still makes me laugh the hardest is when a government bans one crypto simply to replace that crypto with their own version! Like WTF lol talk about a two faced double standard.
Case 3:
Another recent case.. Facebook now allowing crypto ads and not only that but trying to build their own metaverse and also cryptocurrency after trying to restrict everyone else from doing so on their platform.
I go over all of this today to show you that crypto for sure is here to stay. Even with all the bans, battling and trash talking of crypto it has thrived. Now nearly a 3 trillion dollar industry far out beating silver and now nearing in on gold at 9 trillion dollars. The stock market on the other hand will be another huge beast to take down valued at over 100 trillion dollars.
All of this goes to show us that crypto is here to stay and while yes there will be some randoms that quickly rise in price over speculation and hype alone only to be crushed in price later there are others which are actually rather solid investments if you start doing your own research and investing into projects that make sense and look to have a good future with solid backing.
*This article is not investment advise and is for entertainment purposes only.
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The signs are there, hands down! Crypto is here to stay and revolutionize the way we communicate value to each other on a global scale.
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Everybody loves crypto, government loves it but they care about their pockets more. Crypto is here to stay for real
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Two faced like some snakes, I really agree with your words though you've shared it for entertainment purposes. Crypto lovers will keep loving crypto currency and keep continue investing on it, That all I believe. Thanks for your words.
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@tipu curate
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Funny how I have seen history repeat itself so many times with technology in my life time. Movie industry fought like hell to outlaw video rental stores like Blockbuster. MPAA thought they video rental would kill their profits. Once they embraced video rental, they realized it literally doubled the profit of a movie after it was released. Blockbuster had the chance to buy out Netflix for 50 million dollars but refused because it will kill their late fee business practices. By the time they embraced online rentals and streaming movies, it was too late for them. Music Industry went through something similar with Napster and online music streaming.
New technology comes out. The people that stand to lose money try to destroy it. Realize they can make more money embracing it. And the cycle repeats itself.
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I laugh with you. It's funny how they try to regulate crypto and want tax on it. But crypto is huge and you can't kill an independent idea which Millions of crypto enthusiasts support.