Rusty Messages: 764 Registered: May 2018 Location: Kansas City Missouri
Illuminati (2nd Degree)
Beware the speculative investor. And a government throwing it all in for that kind of monetary format. But on the other hand. This bitcoin phenomena may owe it's popularity to the sins of debt created by the IMF and World Bank in poor countries like El Salvador. And the natural tendency for humans to seek dominance through wealth. Capitalism and worshiping the unregulated free market is seen by some economists and philosophers, Marx for instance as enabling just that. Some say it's resembling more the feudalism it replaced. Will crypto be any different? I wonder if it's portraying itself as some free lunch. Where's that in the cosmos? That's all some investor types consider.
I remember the saying, capitalism is the worst economic system except for all the others. Really? As if it were the apex of what human civilization can offer. Nothing is perfect, but many things can be made better, more fair and cooperative for most of us. And this ball we live on. Crypto is an experiment I have great reservations of. Capitalism, disdain it's become. Somethings going to give eventually.
I was just inquiring about this today. I know nothing about crypto currency or bitcoins. I just asked a coworker if I should look to invest. Thanks for explaining it in simple terms.
I don't mind innovations like cryptocurrency if it means contributing to the planet. This information you shared about El Salvador is convincing that it made me think digital currency can thrive without harming the environment. There's also the convenience when making transactions, and it could be a way to give musicians the worth they deserve.
Rusty Messages: 764 Registered: May 2018 Location: Kansas City Missouri
Illuminati (2nd Degree)
All it contributes to is the few. And El Salvador is the exception for clean energy contributing to it's marketing from that government. If you want equity for the masses and the musicians within an economic system. You have to have a fair and equitable economic doctrine to abide by. Which ain't the one we have now.
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