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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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 😌