I am writing this article as an ex-hater of Crypto currency and Bitcoin because I want people to know how I became a supporter of Crypto and Bitcoin after not liking the idea of Crypto. I first starting looking in this crypto currency back when I was a 17 year old boy who got nothing better to do at that time, So I got interested in this topic of Crypto which was brought up to me by my very good friend ‘Ali’ and he said to me that this thing is the future of every currency but because at that time I didn’t know anything about it, I replied to him that this is fake and they are scamming you off your money. My friend insisted and said that I should first research completely about Crypto and its use and value in modern times. I agreed to his idea and started searching about Crypto but unfortunately I got off tracked and started doing other things because I saw a video on the internet about Crypto being fake and a scam. Then I started searching about Crypto being fake and got off track because I was very naïve at that moment and because there were very few videos in the support of Crypto and a lot of negative videos and some people even started to provide the pros and cons of Crypto currency.
If I see this chart now I understand that a lot of things have changed over last 2 years and now there are more pros than cons or one could say that there are almost no cons at all.
After 2 years I became a supporter of Crypto and Bitcoin because I saw with my own eyes that it is indeed the future of currency all over the world and people are making fortunes through online trading with their hard work and now there are even websites which teach a layman how to trade online if he wants to and now more and more people are starting to trade online. I am one of them who like online Crypto currency trading but I am facing many obstacles because the country which I am from considers online Crypto trading illegal. But this didn’t keep the people who want to trade in Crypto back and they started making different groups to support Crypto in our country (PAKISTAN). I am from one of these groups and we even challenged the law of banning Crypto in court. One of the largest supporters of Crypto is Waqar Zaqa who is a Pakistani social media personality. I also watched his videos on Crypto and learned a lot through there because our language is same. With the passage of time the supporters of Crypto in Pakistan are increasing due to our win against Crypto ban in Pakistan and even more people are joining us because our news channels are now spreading positive massage about Crypto currency.
Now as you can see this particular news channel is even suggesting that Pakistan should invest in Crypto because at this time Pakistan has the chance to pay off its entire loan. If the Pakistani government totally legalizes the trade of Crypto currency Pakistan will go up the way of success. We are even thinking about meeting with the president of Pakistan to share our idea of Crypto mining on a large scale which will give Pakistan a stable amount of income. Some guys are opposing the idea of Crypto mining due to some reasons that they are unwilling to tell anybody, if there is a group in favor of Crypto in Pakistan there is even a group made for people who are opposing the Crypto currency with all their might. But this didn’t stop us from getting Crypto partially legal in some areas and it will not stop us from making Pakistan a Crypto powered state. Our group’s main purpose is to spread awareness about Crypto to common people who doesn’t know about it and if they know, they know very little about it. It is very important to tell everybody or maximum people of a country about Crypto if you want that country to be a Crypto powered state at some point. when people got to know the value of Crypto currency they didn’t even listened to the law and started doing mining and trading illegally and also started spreading awareness about it to other people, many were caught doing it but many survived.
Due to the Khyber Pakhtunkhwa government announcing their plans about Crypto mining farms, we had a very big help in our case against Crypto ban. We are trying our best to portray a good image about Crypto in Pakistan. We tell people how we changed our life through Crypto currency and its benefits. Almost all of us had made fortunes through Crypto currency especially through Bitcoin.
As you all can see Bitcoin mining is a very effective way of producing mass income for a country or even individual person if he has the capacity to make a mining farm on his own. If you are reading this and you don’t like to invest in Crypto currency for which ever reason, I highly recommend you try it out one more time because this time you can be lucky and win a lot of money. I know that sometimes you even lose money but it is a small amount of sacrifice you should be willing to make if you are trying to reach a bigger goal of achieving something big in life. And you can’t blame a person or company if you lose some money in Crypto currency because they tell all the important details and risks of investing in Crypto as well as benefits of it at the very start of their website and whoever talks about Crypto in public also tells all of this to everyone. And now you can even start your own coin for free on the internet for fun or for business purposes and it is very easy as well, it will take you approximately 10 to 15 minutes at most to make your own coin and start investing in it. As you all know world’s biggest Crypto coin’s (Bitcoin) value dropped by many thousands this last week and a lot of people were affected by it, this is the risk I am taking about but those people who were experts about Crypto made a very big fortune.
This graph shows the movement of Bitcoin from last week, as you can see Bitcoin was very stable first but then it suddenly started to pump up and I want to first state this that I don’t know what happened to it suddenly it can be a pump dump or it can be natural, but anyways when Bitcoin reached a certain height it suddenly starts to go back down and it went total berserk after it and a lot of people lost money but they did not gave up because they know this is a risk that you should take in order to make more money. So, all and all I think Crypto is a very good place to invest in but be vary of its risk. If you are a person who doesn’t know how to invest in Bitcoin there are plenty of groups which taught about investing in Bitcoin and how to make a fortune through it but these groups are not free, you have to pay a little amount of fee in order to join these group which will teach you from the scratch how to invest and become famous. This is everything I need to say to everybody and if even after this you think that investing in Crypto is a bad thing, I can’t do anything about you at all.
Ok but the state can not go all in on crypto. A state normally depends on sucking value from the public using inflation of the amount of the local currency. The inflation sucks value from the public and moves it to the state and the elite.
State mining has the same effect as exporting electric power. It could be done with making aluminum too, importing the raw materials, use the electric power to transform it to aluminum, then export it.
Sound money in the hands of the public will reduce the income of the state and the elites, and empower the value creating public.
But carry on, some of them will not know anyway. All use increases the liquidity and is good for everyone.