No matter how "privacy policy" is well written and printed on centralized communities, the chances of invasion counts up a lot of figures. As an Institution offering monetary services, patronizers will definitely be at it to perhaps scan through the organization's terms and conditions, and in most crucial cases, their privacy policies. Most of the world's monetary bodies have failed in keeping their words printed out on these pages, they've all gone back on the so called customers rights, thereby letting down the world at large.
The finance governance structure has been built based on community gains, excluded patronizers in participation to their growth. That is, money made in the process of company expansion, customers investments and so on, only get to chair leads, while the petronige get nothing yet loose so much from charges placed upon safe keeping policies.
Speaking of Banks - The world's Store Of Value ( What a Joke)
The banking system is the first crime sector the world has to deal with if you ask me. Acquisition of personal data, money and country value, placement of charges on all transactions, on storage time span, and then there's the maintenance cost - just a few deadly points on the criminal system.
You ain't guaranteed a bank account without the disposal of personal data, these data are globally system stored, available on all government files, which in turn totally prones the world to Centralization of stored funds on these accounts.
A dollar in a bank account can literally go 0 overtime. Sure there should be charges labeled on keeping funds safe, but most times these charges go head over hills, and for this certain reason, the Meaningless Placeholder Of Sensitive data excels (Cryptocurrency)
While the ache of under and unchecked wealth decreases fills the air and the so called finance system robs the nation blind, the introduction of a world of autonomous and anonymous finance was introduced. As the name implies, it is actually Meaningless, as an individual using this protocol of funds storage, you most definitely can careless of the system functions, the policies and what not.
While there are so many definitions out there for cryptocurrency, I chose the Meaningless Placeholder Of Sensitive data. Why boils down to the fact that being in its infant stage, it is more of a Meaningless structure as seen by the blinded world. But just as a Placeholder in mathematics is nothing but a X-figure as a representation of a future value, Cryptocurrency plays this exact role in the current centralized world.
First the Equation is made, the end result is decentralization, the creation of a censorship free system, autonomous and anonymous in all. Moving forward to acquire these end results may take the longest time or not, just as math can only be easy to derive end figures when the right formula is applied.
Here, the system has to simplify the equation at first, and that's the cold slow process that would definitely be worth the stress. Centralized monetary system has been a major bummer, luckily I've never been a user of these systems. But with the Blockchain designed finance system introduced to the world, we look to have full ownership of funds without the fear of losing them to untold reasons.
These World Of Anonymity And Automation Is Only a Division Away, Buckle up :)
