Blockchain’s Rise and Why it’s happening

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War is a costly endeavor. Equipment is certainly not cheap. Billions and billions are needed to stay up to date on the latest weaponry. And trust me when I say there are countless companies willing to sell to the highest bidder.

So all these wars that have been ongoing over the last 30 years have made some people very fiat wealthy. It has also created many physical and psychological issues for American soldiers. And this alone is the true cost of war. Yet, at it’s core is the fiat system funding it all.

Trillions and trillions have been poured into these endeavors. Yet, America has very little to show for this except more national debt. Bridges created to nowhere all the while the national infrastructure continues to crumble. As they say get your house in order before you try to fix someone else’s.

Of course war is just one piece of the legacy system machine. There are many other tentacles which I’ve discussed many times before. Yet, the world has been given a new way to transact. And blockchain is the new way.

So why are people suddenly starting to gravitate towards blockchain? Well, firstly people are realizing that the legacy system does not represent their interests. Debt, endless wars, lack of privacy, and self-serving politicos are just some of the reasons. Any person with a brain can see this.

Many as I’ve said previously aren’t even trying to hide it anymore. Trillions spent to keep the system afloat yet nobody blinks an eye at these numbers. Hate to break it to you but these are third world banana republic numbers. Zero accountability and a system that has gone mad.

Make no mistake about it. The people are watching. And many are non too happy about what is happening. Blockchain is going to give these cast offs (what billionaires call us) a better way. A way for us to thrive instead of continued debt enslavement.

Many financial pundits still don’t understand Bitcoin’s rise let alone blockchain’s. What they don’t understand from their ivory towers is that we the people give currency it’s value. Even the Federal Reserve believe that they are the last authority on currency. Well they aren’t.

The true free market will accept or reject any currency it chooses. And this includes the Federal Reserve Note. You can only fool some of the people some of the time. Eventually the average joe figures it out.

Gaming for crypto is a trend that will continue to accelerate as the year progresses. And it will begin to mint wealth for users all over the world. The legacy system currently does not offer the ability to earn while gaming. Instead, toiling away is the mantra for the old system.

People want prosperity and the ability to transact freely. They are also figuring out that this legacy system has few winners. Unfortunately the majority would not be considered winners in this system. Instead, most are just a cog on a grander machine.

Blockchain fixes this and it is why it continues to rise. Competition and alternatives are good for any market. The Fed has had a monopoly on money creation for far too long. Sadly, the Fed believes creating a digital crypto alternative would fix their shit system.

News flash it won’t. You can read through my various writings as to the major issues this institution faces. Obviously things have gotten far too political in terms of central banking. Not to mention the continuous circle jerking between Wall Street/Fed/Politicos.

Fair distribution is key to any system’s survivability. The Fed system is not evenly distributed. Not even close in terms of real wealth relative to it’s user base. How can this be considered the peoples money when most of the wealth is skewed?

So is this about financial fairness? Yes and a whole lot more. Blockchain’s rise is about wealth preservation and equality. It is about having control of your personal finances.

It’s also about having possession of one’s wealth and not asking for permission. That includes permission from any third party who is looking to siphon value from you. Or participating in a system for a tiny fraction of the pie. All the while the majority of the wealth gets kicked up to the top.

Just remember everything in the world happens for a reason. Trends always occur due to underlying factors that most in ivory towers fail to miss. And they miss these trends because most don’t live in the real world. Blockchain is rising. Now you know why.

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Actually The Fed really is not on board with a CBDC. It doesnt have to be. Powell is placating those on Congress drooling for one.

A CBDC would be very difficult for the US. The currency is used by too many people around the world.

Expect the rhetoric around that to collapse after the Chinese Yuan fails as one outside China. Who wants to conduct business and have the Chinese government see everything? Certainly not the Japanese or South Koreans.

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I've never liked the idea (CBDC) but it's silly to see it discussed. Central banks hate competition. Embracing blockchain would actually help the overall legacy system but many just don't see it that way. It all comes down to control.

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The current system doesn't let us have much influence. It's a game where they control the rules and they will do all they can to support it. I think the digital world is good because they no longer have the tight control they had in the past and crypto is definitely contributing.

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