The System is Rotten: Do Something About It!

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Avatar for CryptoMax
3 years ago

The system we have today did a great job at bringing us up until this point.

Yes, it did have a huge role in civilization, but the time for it to be placed next to archaic systems like Feudalism has arrived.

The system is rotten, and it's our job to do something about it.

Throughout this article I'll provide solid evidence that the system is rotten, I'll also show you it doesn't have to be this way.

Finally, I show you actionable ways on how you can help hasten the change we are slowly witnessing today, and help lay the current system to rest.

Sounds good?

Let's begin then!

The System is Rotten: Here's the Proof!

Luckily for us, the proof isn't just an individual fact - we have a multitude of facts and proof scattered transversally through the system.

I still remember when, in 2018, the Vice President of Goldman Sachs Inc.'s Research Division was leaked saying something really dire in a report.

Here's what Goldman Sachs Inc. Vice President Salveen Richter said in the leaked report (which wasn't to be seen by the public):

"The potential to deliver 'one-shot cures' is one of the most attractive aspects of gene therapy, genetically-engineered cell therapy, and gene editing. However, such treatments offer a very different outlook with regard to recurring revenue versus chronic therapies."

Uh oh, healing diseases get rid of those "recurring revenue" streams...

Better not cure them then.

Well, let's be honest, we already had our suspicions this was happening, that business people were telling this to each other.

But am I the only one that feels getting confirmation is surprisingly devastating? And am I the only one that feels that this 2018 leak didn't surface again already and nobody talks about this even as we live in the middle of all of this health theater around the world?

Richter also noted:

“While this proposition carries tremendous value for patients and society, it could represent a challenge for genome medicine developers looking for sustained cash flow,”

Yes, you read it well...

...but read it again... it will be just as shocking the 2nd time around.

What has this world come to when people are looking at economical viability when it comes to improving the healthcare of the whole civilization?

This is among the most disturbing news piece I ever read and it takes away a lot of faith in humanity away.

...and no, this isn't fake news, it's real and it's disturbing.

But the system isn't only rotten as far as the healthcare industry and health-related media are concerned... it goes way deeper!

The System is Rotten: States, the System, and Middle Men

The current system promotes capitalism as a means to create value and self-regulation - and don't get me wrong, capitalism is GREAT! I'm a huge capitalist... BUT - the current system isn't based on true capitalism.

This may sound strange, but it's true.

Capitalism lives off of value. Companies that don't provide enough value go bankrupt. People who made bad decisions pay for it.

But the system today is rotten, and big corporations are immune to their failures, get bailed out, banks can spend as much as they can and get handouts and favors done to them by the government...

...and let's not get started on the INSANE AMOUNT of artificial value being created out of thin air with no true value to back it up.

In reality, this artificiality is so mainstream that it is at the heart of every bear market in the traditional economy.

You see, one of the basics of macroeconomics is that the bull starts from:

  • An Increase of Aggregate Demand;

  • An Expansion of Credit;

and it rolls, rolls and rolls until this artificial value created by central banks and such get mistaken for real loanable funds and true investment... the point at which people grasp for resources and notice they are too few.

This artificiality took over our current system, and many things that helped us reach this point like multi-national monetary policies and whatnot were VITAL - don't get me wrong.

But, again, it's time to change.

We've also created a lot of middle man and entities that siphon out value from our lives, which took away a key freedom we used to have - the freedom to rest.

There was a show here in Portugal where Jeremy Irons addressed that, I'm sharing the video below and I placed the timer when he starts talking about it so just press play:

Thanks to the never-ending work and the isolation that came from our overcompetitive and scarcity-based system, we have been stripped away of the key components to living a "healthy" life.

Socializing and Leisure, as well as time for ourselves, is something vital to living.

The way most people are leading their lives is just surviving, and getting one or two good moments through the whole week, week after week, year after year.

Their lives hurry from cradle to coffin and they don't seize the moment, instead of focusing on getting to Friday all the time.

But Blockchain technology, Crypto, and Decentralization can change that.

How Can YOU Make a Difference?

Let's start with the healthcare-related problem I spoke about earlier - the leak from Goldman's Vice Pres. of Research.

In this case, as in many others, centralization is among the biggest problems.

What happens is that medical research and medical developments need to be funded, and those funds come from companies.

This centralized model is what causes this conflict of interest and hinders our progress.

There are three ways you can help:

  • SUPPORT decentralization like you're doing right now;

  • SUPPORT NON-PROFIT INSTITUTIONS you believe in;

  • Donate to Non-Profit Institutions that do Medical Research.

Secondly, I just want to mention that research on the non-profits you choose to support is critical, there are a lot of bad players out there and most of them do nothing with your money anyway, so decentralization is really the way to go.

Do your homework!

As for the rest of the system, we're currently going in the right direction, and again Decentralization is key.

Not only that, token-based economies aren't mature yet and we have the best chance we'll ever get of reformulating our financial, economical, and monetary rules, starting from scratch - I hope we don't blow it.

Finally, Bitcoin Cash and Read.Cash are even helping people everywhere get a step ahead and start to live in the upcoming system sooner rather than later, but let me tell you what I mean:

Bitcoincash, Read.Cash and the BCH Ecosystem: The Prototype of the Future

Bitcoin Cash has a lot of apps that allow living in the system of the future in one or more ways, effectively letting you get a taste of what's to come further down the line.

In fact, even Read.Cash gets you a lot of your liberties and freedom back, let me tell you how:

The Freedom to Rest

With Read.Cash, the rewards for new authors are insanely good when compared to mainstream blogging platforms.

Sure, these rewards are a bit capped as in you can't have a 6 digits per month blog here... YET... but who is in that position here anyway? Not many.

Let me give you an idea, as a Blogger I spent a lot of time perfecting my trade, and working hours on end to be able to sustain myself with traditional sites.

Now that I'm on Read.Cash, I found that if I get tipped I can choose to work less and invest more, increasing my assets with less work.

You can now free up your time by using the BCH blockchain in your favor. Not only that, you can get tokens from faucets, airdrops, mining, and more... there is money everywhere with cryptocurrency in general.

We are getting to an age of abundance and we will free up a lot of time to rest... or to help out!

The Freedom to Help

In the BCH Blockchain, you get rewarded by helping others.

In Read.Cash, you can see that in its networking variable, where if you tip and engage the others, they will come to you as well.

In the past, if a farmer spent his resting time helping the community, the community would then go back and help the farmer when it was harvesting season.

This is true on Read.Cash too. Help other writers and you'll see many will end up helping you.

This is what many people call the gifting economy, but it is really a restoration of our freedom to work on behalf of our community, being able to reap the rewards later.

The Freedom to Live

All of these changes will make us live!

With Bitcoin Cash and certainly tons of other tokens in the future, you're the master of your own destiny.

You can rest, belong to communities whom you help and who help you, and you can LIVE knowing that scarcity is imposed on us these days.

We once had scarcity, true, but now that we're so far ahead technologically, we no longer need to have it... the abundance is instead centralized on a few hands, but decentralization will work on that as people will actually need to produce value to get their due.

Sure, the freeloaders will probably have a scarce wallet anyway, but it will be way fairer.

In the BCH blockchain, there are huge whales, sure, but even small players like me have access to a vast abundance of resources if they play their cards right.

This is proof that even though some are always richer than others, no one needs to starve, and EVERYONE gets to LIVE!

I hope you liked this article.

Cheers!

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Avatar for CryptoMax
3 years ago

Comments

[Removed comment]

$ 0.00
1 year ago

It’s funny, I just had this same conversation about three times in the past week, ha ha... yeah, we have the know how, we have the resources, all we need now is the paradigm shift... unfortunately, the biggest hurdles in our way is greed, and the desire for power, and the unwillingness of those who wield it to yield it... I do have faith, however, that we are on the cusp of an all new era here, and that things will continue to get better for humanity overall...

peace...

$ 0.05
3 years ago

I'm actually hoping crypto gets into the research field since I'm part of that sector. i hate that we have to rely on government funding for perfectly good solutions but i hate that we aren't given a fund because they understand that our researches aim to cut off some parts of where they get profits from. it's frustrating and if a research foes push through, it's one of the crappy ones that don't even offer a good solution to anything. imagine if the research was funded by crypto though. it could be a great chance to get the citizens involved and it would great to have a better means of transparency since research is all about transparency. no more wondering where your taxes and contributions went

$ 0.05
3 years ago

Exactly. How cool that you're a researcher, then you know first hand that it could be one of the biggest industries to benefit from decentralization. Thanks for chiming in with your contribution! Cheers!

$ 0.00
3 years ago

honestly i do. i suddenly got typing about the idea because our sector has really been affected by government funding scarcity. there's so much improvement that could be done if regular citizens pitched in, i swear-

$ 0.01
3 years ago

Well said my friend, welcome to Read.Cash, I hope you'll have a blast here and a profitable journey as well! Great to have you onboard!

$ 0.00
3 years ago

Thank you friend! Now my account looks like this :)

$ 0.05
3 years ago

Hi, Max! Great job. I support your idea that the system has rotted much deeper than it might seem at first glance. The coronavirus pandemic has opened our eyes to what is happening. Perhaps it is this situation that will open people's eyes and allow them to rally under the foundation of the blockchain. Who knows....

$ 0.05
3 years ago

This is so deep, wooow!

$ 0.01
3 years ago

Hello there , maybe you can donate, any amount will do bitcoincash:qrcx4efhqu5cwxjv0s77m4qz4p9jh4jlnq9kg0za86

$ 0.00
3 years ago

Error: "Error: la transacción fue rechazada por las reglas de la red. too-long-mempool-chain, too many unconfirmed ancestors [limit: 50] (code 64) ". Póngase en contacto con nosotros en hello@read.cash sobre esto.

Error: "Error: the transaction was rejected by network rules. too-long-mempool-chain, too many unconfirmed ancestors [limit: 50] (code 64) ". Contact us at hello@read.cash about this. No puedo votar!!

$ 0.00
3 years ago

Demasiadas transacciones no confirmadas. Tienes que esperar

$ 0.00
3 years ago

All of those freedoms are possible with Bitcoin Cash and it's community. Let's be free from those centralizations!

$ 0.00
3 years ago

Hi, Max. You speak in simple language about difficult things. The system needs changes. There is nothing static in the world, you either develop or degrade. In the case of the global system, this is degradation. I see that read.сash is a ray of light in a dark kingdom. I love the concept that you and other bloggers are promoting. The future of the system lies in intelligent investment and mutual assistance between people. I want to join your team and add value. Thank you!

$ 0.00
3 years ago

Sorry to say that I just don't like your article, but I LOVE IT MUCH. You have such great skills in writing. A manifestation of a seasoned writer/blogger. You mentioned the flaws and the inclination of our imperfect system, not just on the health care system, that shouldn't be the case. Your suggestion for a more acceptable, and perceived 'almost-perfect' way to go is through decentralization (of course we are biased to BCH Ecosystem) is superb. I agree with that. I have many takeaways from this article of yours. Thank you for such a wonderful, substantive, and hopeful article.

$ 0.00
3 years ago

Thank you so much for this article! Your effort is appreciated.

$ 0.00
3 years ago

It is a rotten system. Worldwide, the rich sure all about getting richer without spring the little guys. It's one reason I have respect for people like you and others who generously surreal wealth and knowledge to gain that wealth. It may be up to millennials and Gen Z to fix.

$ 0.00
3 years ago

They want to get us under control in many ways, and although it sounds conspiracy, the whole virus and vaccine thing is a carefully scheduled event. We are scrubbed.

$ 0.00
3 years ago