If the governments/central banks had no control over the monetary system, they wouldnt be able to print money recklessly and fund wars, killing thousands of innocent ppl, causing inflation, further increasing the economic disparity at an accelerating rate. That's why we need people's money. We need bitcoin. Let's adopt bitcoin and save the world
Yeah that's only possible in theory. As long as complete power and total control is vested with the govts and the elites you can't stop wars. the U.S has completely destroyed the Middle East. There's only one way to end this power grab, and that is by taking control from them. Hence why we need a self regulated, decentralised monetary system not controlled by anyone. People are realizing this, sooner the better
Honestly I've looked into it and even dumbed down versions of how to buy and store crypto if confusing asf. Based on the information I've read for security purposes i also wouldn't trust anyone who knows what they are doing to assist with it. And even with my slightly above average knowledge of computers i still have no idea how the process is followed. I've seen the general population try to adjust to online banking features changing just slightly and it's scary. People want simplicity and crypto is far from it.
Actually using cryptos for day to day use, particularly transactions is very easy. Just like in banking if u go for technical details and how systems work it gets complicated. For average Joe all u need to carry out a transaction is a wallet and your private key. But if u wanna dig deep and learn more I could recommend u some videos. I would suggest starting with the macro aspect of bitcoin and then go to the technical aspects. You have any questions feel free to hmu I'm happy to help
That's what i was looking into, the whole wallet and key sounds a lot more complicated than i would image. All the terminology sounds like another language to me. You basically have to teach yourself an entirely new system, even if the transactions are easy like how you say.
I completely agree that it's all quite new to everyone and pretty complicated. But considering the problems it can solve it's totally worth learning the stuff. It took me over three months to get a hang of it all and get comfortable with it, it takes years to understand it completely, but its all worth it
I guess my point is that to have it streamlined to a point where it's more adaptive, the process has got to be simplified. If there is ever a market collapse the people who stand to lose the most are the ones heavily invested in the current currency market, given these are mostly going to be gen x and boomers, these are extremely hard targets to convert and in my opinion resistant to change. I understand where you are coming from it encouraging research and promoting crypto, but having it adopted on a larger scale doesn't seem viable for how it is managed currently
If we never gave the government money that could potentially be used for war does that mean we wouldn't give taxes? 🤔 tax is necessary for a functioning society, otherwise we'll end up like Americans
About simplifying the process and streamlining it, we will get there. But we need to educate ppl and help them understand what it is if u want adoption. Ppl are resistant to change and for a disruption of this magnitude the resistance is bound to be higher. But this will quickly change once the current monetary system becomes completely defunct. We're close. The more. Money the fed prints the happier I get. But the sad part, it will again be the poor and middle class on the losing side cuz they have been convinced that bitcoin is for drug lords and terrorists and dark net and money launderers whereas the fact is that the banks facilitate and help all these ppl. Anyway I won't get into details, Ill do my bit and spread as much awareness as i can in every possible platform