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How ironic is it that? It promises to solve many of the damning challenges of fiat currency and the public enslavement that comes from the way our money currently works. Currency has always been, not just in my opinion but based on what we see in society, a means to control the human race. Will a new form of currency truly begin to solve those issues? This could be the stepping stone in eventually living in a world without currency at all. But Bitcoin represents something different it seems.
Technology Behind Crypto Blockchain technology is the genius behind Bitcoin, and its very design is what excites many people. With this technology, all records and transactions are stored publicly so there is a public and transparent ledger for every coin and transaction. There are also blockchains that focus more on privacy as well, for those concerned with that. Ultimately, the potential for cryptocurrency to disrupt modern day banking is huge.
Christine Lagarde, the head of the IMF, has cautioned that cryptocurrencies can displace central banks, and conventional banking in the long term. While this sounds like an issue, its not. This would be the best thing for our economy and humanity as it will stop a private company, central banks, from controlling the entire money supply. There has also been no shortage of responses from multiple countries and heads of financial institutions like JP Morgan about cryptocurrencies.
The debates are endless, with, for the most part, the mainstream encouraging the public to stay away from Bitcoin and cryptocurrencies in general. They are made up, backed by nothing and are controlled by private companies who control it.
Any currency has to have the support of the people for them to work. If people do not put power into them, they have no value. So whether you look at cryptocurrencies or any other, it comes down to faith from mass adoption. As the founder of Ethereum, the second most popular cryptocurrency, was quick to remind people not long ago:.
Cryptocurrencies also have huge political implications. For example, Russia recently announced its intentions to create a cryptocurrency so they can avoid Western sanctions and economic influence.
Putin has long been outspoken about the global financial elite and their ability to force others into their own will, politically and economically. They chose the road of globalisation and security for their own beloved selves, for the select few, and not for all. Is This A Solution? Is A Currency Even Needed? One where we transcend the limits of the human ego, separation, suffering and a ruling elite -this would include the need for currency. We created supply, demand, scarcity and currency, and thus we can uncreate it at any time.
Sure it will require a shift in consciousness, but it is possible. The idea that one has to spend most of their lives, working for the entire day, 5 days a week, to simply put food on the table and provide a roof over ones head is not necessary. How does it feel for you to live in a world like that? Regardless of what you feel is possible, is this what you want for the world?
I believe this is where humanity is heading. Going into the details is a topic for another article, but the point is, humanity is full of infinite potential, we already have the means and the technology to completely liberate the human experience and change it for the better.
It is a fact today that one in ten thousand of us can make a technological breakthrough capable of supporting all the rest. The youth of today are absolutely right in recognizing this nonsense of earning a living. We keep inventing jobs because of this false idea that everybody has to be employed at some kind of drudgery because, according to Malthusian Darwinian theory he must justify his right to exist. So we have inspectors of inspectors and people making instruments for inspectors to inspect inspectors.
The true business of people should be to go back to school and think about whatever it was they were thinking about before somebody came along and told them they had to earn a living.
Today, everything seems to be about the money, and making money. That appears to be the primary goal of major corporations and the majority of individuals. That being said, it is something we are forced into, and currently, money is a tool for exchange. Imagine a moneyless society, one that was free from the constraints of having to earn paper and metal to live.
Imagine if we were free from our current constraints? What would we do? I believe it would provide humanity with the opportunity to grow, discover, and learn.
This is the reality that more and more people on the planet are realizing and as a result, on a collective level we are manifesting change, in several different ways. Cryptocurrency and blockchain technology may be a start, from a financial perspective, but ultimately, I see humanity moving passed the need for any type of currency at all.
Perhaps a governments or leadership who actually cares about, and has the best interests of the people as priority number 1. Poverty, war, greed, economic slavery, and corruption are not uncontrollable challenges. It many cases, they are challenges which are created and perpetuated for reasons of greed, power and human ego.
As the founder of Ethereum, the second most popular cryptocurrency, was quick to remind people not long ago: Buckminster Fuller Today, everything seems to be about the money, and making money. Authors get paid when people like you upvote their post.
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