Crypto-19: They Lock You Up, You Lock Them Out!

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Avatar for CryptoMax
3 years ago

There has been a lot of talk about COVID-19 recently, with some regions getting a bit of a relief in their lockdown rules while some others are getting stricter quarantines.

Well, no matter where you are at, the lockdowns have probably crippled your economy.

My wife got massive pay cuts, my cousin's company is in dire straights, my father's buyers for his fresh produce - he's a farmer - are not coming to the markets anymore... things are really tough...

A friend of mine usually said: People will die of starvation, not COVID, and he lobbied against the lockdown laws in his political life...

...well, guess what?

Crypto doesn't care about lockdowns, and if the state is locking you down, you can lock them out, using the revolutionary power of the Crypto Economy.

This is the age of change, and the governments are only helping the Crypto Economy surpass the statism-backed banking system faster.

You can now lock them out, lock bankers, states, and intermediary agents out of your financial and economic life - and the more exposure you have on the Crypto Economy, the less % of exposure sits at the economy state has the power to influence.

If they lock you up, you lock them out!

When the Government Puts You At Stake: Learn About Staking!

Our bureaucratic overlords closed down countless companies and closed down the markets.

There were entire years of economic development undone and the impact is heavily felt, especially by the poorest.

When companies close down, people get unemployed, they lose their source of income, and thus the ones who are bound to suffer the most are the people who are living paycheck to paycheck.

On the other hand, if we're being technical about it, Keynes would tell you Aggregate Demand diminishes, and therefore economies enter the Bear state, declining and throwing everyone into a crisis.

This isn't the core of it though.

Here's what really matters:

Crypto is immune to everything our bureaucratic overlords choose for us, and the bulls keep raging on despite the pandemic.

Why?

Because being bullish on Crypto is being bearish on statism.

Because if the state grabs you by the balls and decides you can't earn, the freedom Crypto gives you to rake in that bacon gets extra sweet, and more people throw themselves down at the superior system.

Why?

Because Crypto isn't anyone's overlord, you are your own overlord in Crypto.

You can use these pauses in the economy to:

  • Learn about Staking at DeFi;

  • Learn about Crypto Trading;

  • Get some info on Liquidity Providing;

  • Delve into the Research of the Several Promising Ecosystems dominating the Cryptosphere.

... and more importantly:

  • Plan your revenge on the current system by locking it out of your life, taking control of your finances yourself.

When the Government Locks You Up: You Lock Them Out!

So, how do you lock the government out?

Well, there are several different ways to do it, and blockchain is definitely the way to proceed - but we're not ready to lock it out completely.

Remember, most people still believe in Statism, and we have not yet achieved critical mass to substantially reduce that belief and the power states hold over us.

On the other hand, there's a tool of the system we are ready to tackle already - the Economy.

We can do this by hitting two things:

  • The Way We Earn;

  • The Way We Spend;

First of all, to start locking them up, we're going to look at the way we earn.

My father sells his produce in the market, I sell my services online for crypto. What happened was that the State locked our country up and my father couldn't sell anymore.

I, on the other hand, continued to earn!

When the state gracefully allowed my father to work again, he went to the market to find that the stalls are full but the market itself is empty - no buyers!

People weren't allowed to leave their homes most of the time, and the ones who did were scared of finding the markets full - they ordered online, or they visited the hypermarkets instead.

When this happened, I was still earning with Crypto.

My wife, meanwhile, was working from home and giving it her all - but a company only has enough funds to endure these restrictions - so she received a massive paycut!

If I wasn't still earning crypto, we would be in a bad place.

But I was, and making more and more with it, every single day increasing my assets.

I don't care about what the government says about companies, I remained unaffected.

I LOCKED THEM OUT!

And you know what?

It was the best thing I did because I'd probably get wrecked by all of this if I continued operating in the regular economy.

The Economy Has the "Circular Flow": Spending Outside the System with BCH

The Economy has a circular flow and works by spinning its juices through trades and transactions - much like the crypto economy itself.

However, due to the lockdown and COVID, the economy is wrecked and the circular flow is slow and with less juice than usual.

People are getting tossed out of their rhythms and they no longer have the quality of life they once had, only scraping by thanks to the huge impact of the lockdowns.

But here's the kicker...

You can now get revenge on them locking you up by locking them out.

Lock them out by keeping the system away from your transactions, away from your wallet, and most of all away from your banking.

You have Bitcoin Cash as a great example of a means of exchange where the state, the banker, and the middle man are all kept away.

You can also be your own Bank through the use of the BCH blockchain.

You can lock them out of your life already like many people already did.

Heck, I have way more money in Crypto than in FIAT, and I can say that I've never been better!

When crap hits the fan, you know you're immune to all of this, and when prices dip you lose a bit of liquidity, sure, but you can get more tokens out of the same FIAT, and improve the yields you get from your crypto assets in record numbers.

It's a win-win, no matter if crypto is up or down.

The Economy is Down? It's not the System Who Suffers, It's YOU!

COVID has been a great catalyst for the crypto world as people got a smell of the Coercion governments apply on people.

Not only that, they got a glimpse of what authority means and how a faceless institution can control your life in a huge way - dictating if you can conduct business or if you can earn the money you need to feed your family.

Having said that, Crypto is the cure for COVID related problems, and it enables you to keep on earning, to keep on doing business, and to gain something a vaccine doesn't give you:

  • Immunity to State Caused Economy Crisis!

Think about this for a second, and you'll reach the conclusion that systems like Crypto are INNEVITABLY going to succeed, and that tools like BitcoinCash can enable you to live a better life, with no middle man to hold you down and eat from your plate.

No free lunches? For people maybe.

For the state?

Always!

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Avatar for CryptoMax
3 years ago

Comments

Unfortunately saying that they locked me up! Because i didn't have knowledge about crypto then😔 I am a University student studying chemistry.since march 18, 2020 our government announced lockdown. And we became worthless. A year gone like that.but about 3 months ago,i have founf this crypto world. I have heard about bitcoin just.but how does that work i didn't know. But after i have known about crypto trading a bit, my life has been Changed.not so much change bit atleast better than before... My first crypto earning started with sl bitcoin but i left that when i found bitcoin cash. It was a goof decision to leave the bitcoin and adopt the bitcoincash. At least now i became my own bank 😌 this bank doesn't take much fees. I am feeling lucky enough 😌

$ 0.20
3 years ago

Indeed. Not only are your own bank but due to read.cash and this gifting economy we are in you're going to feed that bank account and make it grow. Thanks for the comment and for stopping by again Laurenexai. CheerS!

$ 0.00
3 years ago

Specially thanks to you. I have found you much generous in this two days! I have wish good luck for your better future.and yes i have experienced that we can make our bank account grow by this platform read.cash and noise.cash!

$ 0.01
3 years ago

Wow.. The writer did so much in bring out his time in emphasizing on this article.. Really appreciate...

$ 0.01
3 years ago

This writer did a great job in systematically exposing the gold mine (and possibly, other yet-to-be-discovered potentials) that's in cryptocurrency business, which, for so long, has either been ignored or misunderstood by many. The fact is that COVID 19, unfortunate as it was, had a good side, as it made clear to so many people, the limitations and weaknesses of state run financial order, such as how it practically makes individuals unnecessarily subservient to the whims of governments and limits the capacity of individuals to independently earn regardless of force majeaur events. Conventional financial systems virtually failed to stand the test of COVID 19 and are still trying to recover till now, but cryptos and internet businesses stood tall while it all lasted and even emerged stronger. Gradually, before our very eyes, the long standing monopoly that governments have over our financial lives is being removed by BCH and cryptocurrencies business. This reminds us, again, that change is constant. BCH and cryptocurrencies have come to stay. And nobody can do anything about it.

$ 0.20
3 years ago

Exactly right. Thanks for the huge comment and, of course, the upvote! I'll see you around Jibson!

$ 0.00
3 years ago

Very nice and informative and greatest post ...and i like 💕💕💕💕😎

$ 0.00
3 years ago

Great information @CryptoMax. Indeed, I think I can earn more that what I earn on my part-time teaching job , if I write more often here in Read and in Noise. I can even start paying off some of my debts from my earnings here.

$ 0.01
3 years ago

That's definitely a big plus JLo. Glad this is making such a difference to you. Remember to not sell everything for FIAT and HODL some Bitcoincash!

$ 0.00
3 years ago

Thanks. I have a plan on how much I spend and how much to save... or rather how much I will save first and how much I spend... but a portion of what I will spend is for something where I would earn more money.

$ 0.00
3 years ago

I guess this answers to my question if I should go back to my 8-5 job. I am on extended maternity leave and I have been enjoying with my crypto journey while on leave...

$ 0.01
3 years ago

Poor day laborers are most at risk in lockdown.. Hope all goes well

$ 0.01
3 years ago

Respect @CryptoMax....I WAS LOCKED UP! It was horrible in my country. I was one of the victim of the lockup. It resulted in the closure of the company I worked for which by extension rendered me jobless. The project I was running that required a lot of money which is being financed by the pay I got from my pay job then, had to stop and I eventually lost the money I already injectd in it. It was then my wife took the initiative to start an online (pre-order) sale's business which served as a saving grace for the family, big time. My wife took over the day to day financial responsibilities of the family. Then I knew I have to go online. I had to do things that's legit, save, profitable and outside the control of government. I have to lock the government out and take back my position as one that is responsible for my family's financial and other personal needs. And here I am, the journey began less than 2 months ago. The prospect is tremendous! BCH is soaring!!!

$ 2.00
3 years ago

Here's a tip for you in order to motivate you to work harder. This is proof I believe in you and I want you to succeed. Don't let me down :) Best of luck my friend... put in the work and you'll be rewarded!

$ 0.00
3 years ago

Wow! And you have just succeeded in motivating me the more. I won't take this for granted. I will not let you down. I appreciate this, greatly. Be blessed 🙌, in all ramifications. Amen.

$ 0.00
3 years ago

Fearmongering is even worse than this virus. It is very difficult to process what happened until today, but the actions taken will affect us for decades. Most economies will have a very negative outlook for many years more. It seems a return to normality is impossible for the next five years and nobody knows what will happen next. Cryptocurrencies can offer solutions that will alleviate some of the economic pain in both micro and macro economic scale.

$ 0.05
3 years ago

Exactly right. And let's take advantage of these DeFi rates while we can, because those will definitely not last forever.

$ 0.00
3 years ago

You look with eyes sharper than an eagle to reveal the beauty of crypto-19

$ 0.01
3 years ago

You know, this is why I am so thankful in read.cash because I learn to try to dive in Crypto Space. I'm actually locking myself on my room so this pandemic and the quarantine is like nothing to me. But I so thankful because I learn all about it, not all really coz I'm just starting.

But because of this, I can earn this is the advantage in crypto no. Even if you stay in your room, you can still earn as long as you know how to trade, stake and anything or any other way to earn here, as long as you're in the safe side. Crypto can really change us in a positive way. But off course there's a negative effect but well.

I don't really know what I'm saying I just keep on blabbing here with thinking if there's a connection on my comment to your article lol.

$ 0.05
3 years ago

Yeah, sometimes that blabbering thing happens to me too, so no worries. You can earn as long as you work, and theoretically, you can even earn months after you publish your last article as stray tips will probably come one or the other time. Hehe, thanks for stopping by. Cheers

$ 0.00
3 years ago

Crypto has been a safe haven and made most of us keep away from boredom and give us money in return. Crypto is one of the best universe lol 😂

$ 0.01
3 years ago

I totally agree with this . The crypto space has been a big help when our real space is at stake.. There are a lot of opportunities here especially with BCH . And six months from now,I'll be jobless.. Which is much better for me. Coz I can focus more here in crypto space ,😁

$ 0.05
3 years ago

Hey Jane, that's exactly the right way to look at it. Sometimes being unemployed is the best opportunity for us to make something out of ourselves, once we leave the comfort of working for someone else's benefit. Cheers

$ 0.00
3 years ago

I agree to it for some.. And some I think they feel so down because they have all nothing. I as a employee could feel the shortage what more for the othwrs closed work, removed from work because of this oandemic.. But crypto currency helps me. Not so big but atleast im enjoying it. Slowly but surely

$ 0.05
3 years ago

Your items have no waste. The point of view that he develops here is logical and with sensible applications to face the harsh situation to which the state forces us, no matter what country you are in, it is the same recipe. So giving him his own medicine is fine for me.

Greetings

$ 0.05
3 years ago

Wowism! Nice we really are the one who suffers due to covid! I really am, afraid to catch the virus. I have plenty of friends who has it and thats very alarming. Still lockdown here though but not that strict. Cases are up. Thanks to crypto my life isn't as bored as hell.

$ 0.05
3 years ago