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Crypto Revolution

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Written by   119
2 months ago

Foreword

Man is born free, and everywhere he is in chains. One man thinks himself the master of others, but remains more of a slave than they are.
- Jean-Jacques Rousseau

I bet you have probably heard the first part of this quote but not the second. It’s so often the case that the sound bite which gets repeated is often a trite quip while the rest, of what in this case Rousseau had to say, is infinitely more important.

The reality is that we live in a society where a small group of people think they know better than we do how we should live our lives. They don’t ever seem to realize that the power and wealth they surround themselves with is only possible because of the quiet acquiescence of the majority.

Very occasionally there is a turning point where the silent enduring persons rise up and shake off the shackles they have been forced to bear by sanctimonious know-it-alls and reassert their right to freedom of thought, expression and control of the fruits of their labour.

Cryptocurrencies and Sam Volkering came along at the just right time. We have been through a torrid decade and more, where living standards have declined but we are constantly told this is one of the longest running economic expansions in history. It’s as if we truly live in George Orwell’s 1984 and the powers that be speak a form a doublespeak.

When they say employment is at record high they fail to say wages have been going down in real terms for decades. When they say it’s the longest expansion since they started measuring, they fail to say it was because the economy was coming off it knees and every point of growth was bought by robbing savers of their income. When they say we are producing more energy from renewable sources than ever, they fail to say North Sea oil is in decline and we are importing more energy than ever.

You get the picture. We are constantly being told how great everything is but we know in our bones it’s not true. But it could be and through technology it will be.

There is only one answer to political and financial problems that assail us. Step outside the circus.

That’s where cryptocurrencies come in. The good news is they cannot be lent into existence. There is limited supply and the uses to which they are being put are growing at an exponential rate. Did I mention they offer a secure form of transferring or recording ownership of your assets and they function completely independently of governments?

That’s why this is an important article. Sam has done a great job of laying out why you need to know more about this rapidly increasing sector. I first met Sam shortly after joining this Southbank Investment Research team and I was impressed by his resolve to do his very best for our clients as we attempt to guide you to a more profitable future.

However, the truth is that cryptocurrencies represent one of the biggest bull markets in history and this boom is the only thing that comes close to the California gold rush. Back in the 1840s the ‘49ers traipsed across the US to get their piece of the golden bounty that lay beneath California’s hills. Today aa similar trend is driving the desire of many people to both own and mine cryptocurrencies.

Rather than leave the comfort of your home, with a powerful computer and ample electricity you can create your own mine and get your piece of this bu market. It’s totally egalitarian. You don’t need a degree of qualifications and it doesn’t matter who you know or what school you went to. Crypto are open to everyone and that is why the monetary authorities are so wary of them.

Cryptocurrencies wrest control from the grasp of the financial elite because they cannot control supply. That’s the equivalent of setting up a new standard for value, which we might argue is appropriate for a modern age. The gold standard functioned for millennia, or for as long as we are dependent on extractive resources to generate wealth. Isn’t it worth considering that it is time for digital asset in a world where value is increasingly tied to data and how it is manipulated?

Even if you never end up buying a bitcoin, Ethereum or Ripple, you have to know that other people will. Understanding what motivates individuals to seek radical freedom is important because as the market grows, it will make its way into the public sphere and if you are not up to date you will be left behind. That’s reason enough to read and enjoy the continuation of this article.

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Written by   119
2 months ago
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Comments

But I am having problems because I have not get paid for 2 weeks now and I don't know why

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2 months ago

You should follow the rules hehe

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2 months ago

Nice

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2 months ago

Thank you for supporting me

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2 months ago

Welcome

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1 week ago