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I've been sceptical for a long time and was never really a big fan of the crypto currency community. Not because I didn't like the idea, but because I've always preferred "tangible" value. When I talk about "tangible", I'm not talking about FIAT currencies either, but rather about gold and silver. The digitalization of money always scared me, as I was convinced this concept only gives more power to the people in control of society: They can turn the power off, or simply empty your digital wallet. You can't buy or sell, you will be locked out of the system if they want to.
My opinion changed, and that happened purely because of social media. As I am writing here on Hive, a perfect example of blockchain technology used for social media, it will be easy to explain this to you guys.
The big social media websites are corrupted. A few people lead the major sites, and commercial and political power influences websites like Facebook, Twitter and Youtube to such an extend, that dissident voices are now completely silenced. No longer are these sites acting like public marketplaces, these websites became "publishers", only allowing a specific set of opinions. Digital bubbles where the thought police is in control are now normalized. With the masses successfully conditioned, they no longer resist.
But then I found the alternative communities, in particular, the blockchains. The first thing I saw online on the clearweb that gave power back to the normal people. Communities of blockchain users were actually deciding what happened. Community moderation, upvoting, I saw something real. And that is the moment I realized the power of blockchain technology being used for money as well. Because no longer would a few people be in control, in fact, the money would be completely owned by it's users. Together they would decide the future of the specific crypto currency.
And the anonymity added value to me as well. As long as you keep it in the crypto currency community, and use it to trade with other owners, you are seperate from the old system. A powerful thing, and the first sign of something that we could call "digital anarchy". Now we've got a real chance of allowing the right to self determination to flourish. So I became involved, and never left the scene. I am not a full time investor in the sense that it's the only thing I do, but my savings go into crypto, and it increased their value at a level I would have not expected in a 1000 years.
Personally I use PrimeXBT because it allows me to invest anonymously. It means I can just use my Bitcoin or Ethereum wallets to invest and because the trading is done in crypto currency and isn't exchanged to anything FIAT, I don't have to insert any identification. This allows me to trade freely, so I do recommend this specific platform.
Check out PrimeXBT:
https://primexbt.com/?signup=191714
I would like to hear from you guys about your experiences, and why you became a crypto currency investor. Or, if you are an ideological anarchist like me, how you believe blockchains support your vision.
Thanks for sharing, always good to learn about places tried and tested, given the seal of approval by word of mouth.
You speak my mind! That is the exact reason I am here.
I hope the fiat social media empire crumbles.
Cheers!
Posted Using LeoFinance Beta
It will, we just need to put our focus on decentralized social media like this, and make sure others join us.
I always saw BTC as enabling money laundering from questionable practices. Only in the last two years have I fully understood how it works and the benefits of blockchain and cryptocurrencies as a tool. Learning about new projects really opens your mind to the new possibilities of networking and communications, and there has been some very good solutions to the problems we face.
However, I do not like the current climate of the technologies being used as a stock market to make a quick buck, forcing governments to act. I fear this greed and usary will destroy the industry (probably intentional). I also do not like the idea of social media on the blockchain since we all say things we may not mean (or get misinterpreted) and our views change over time. Blockchain is forever and your post will never truly be deleted (maybe hidden). Enforcing anti-censorship laws seems like a better solution. Blockchain should be reserved for finances, voting, and archiving history, but it is quickly being implemented as a way to track everything we do say and think forever by governments.
A handful of smart contract projects should have a strong future going forward as will privacy coins (monero, zcash, piratechain). Media distribution platforms will come and go (hive, somee, bittorrent, theta). NFTs are a scam and game coins will never catch on. PoW is really great for decentralization and cannot be shut down by government, but it is extremely wasteful on energy and eventually institutions can take over mining. Most PoS ecosystems require top-end hardware, perfect network connection, and outrageous minimum balances to be a node, thus centralizing the transactions despite being delegatable. I see most projects as a temporary stock market based on artificial scarcity and a dream. In reality, all these projects are just unpaid research and beta tests for the NWOs UBI CBDCs... Remember, privacy is the future of blockchain.
That is my opinion.
Yes bro I'm hoping Hive defeats facebook completely as a network that could kill facebooks purpose
I know brother. I already invite people to here and more are signing up.
That's good
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