The Truth About Money, Banking and Government... And Why Crypto Could Change Everything
I gave a speech at the Texas Bitcoin Conference this weekend where I dropped quite a bit of truth on how the entire current government, money and banking system are illegitimate and all set-up to enslave and impoverish the population.
It was Henry Ford who said over 100 years ago that if people understood how the monetary system works, there would be a revolution tomorrow.
Your average person still doesn’t understand, but now cryptocurrencies challenge the entire corrupt and fraudulent system.
I have a lot more to say on it and you can see it here:
I’ll now be making my way to Lisbon, Portugal for Steemfest this week.
And I see as I write that cryptocurrencies have just broke out to a new all-time high with bitcoin at $6,200 and Bitcoin Cash at $450 for a total, when combined with Bitcoin Gold at $140 of nearly $7,000.
We’ll be releasing the next issue of the TDV newsletter (subscribe HERE) by the end of this month and we’ll be talking in depth about what is going on in the cryptocurrency space.
Bitcoin has really taken off this year! For the first time ever Ive noticed the average person I talk to knows what bitcoin is, and a few random ppl i meet actually have bitcoin now! Not sure if that indicates bubble territory yet but its certainly taking off!!
Cryptocurrency will certainly change my life because I'm going to make a shit ton of money with EOS and STEEM. Nice work DV.
I agree with you on most topics.. only saying that you lack some topics like the single mothers and so on...
Keep it up.--.. and counter vote always appreciated... Lasse
Old world order!!!
I've been studying the underlying software architecture of bitcoin since spring this year and reading white paper proposals of projects like Cicada DDD, Iota, EOS...
One of the biggest problems with bitcoin is usability and along side it the centralized exchanges which now function to slow down the equity drain from national fiat into crypto. Decentralized exchanges still haven't solved the problem of liquidity.
For this evolution to really take off, it will require more businesses like mine (I'm CEO of my own software company) to start using bitcoin/crypto for payment. I've already started down this path.
Hello zoidsoft!
Please consider sharing your summary evaluations, having studied the Whitepapers of Cicada DDD, Iota, EOS.
By chance, have you been looking at the BANCOR Whitepaper? Your views on their reserve currency strategy to eliminate human market makers would be helpful.
Finally, please clarify what you mean when you say “along side it the centralized exchanges which now function to slow down the equity drain from national fiat into crypto”. What would speed up that drain?
Thanks in advance.
yeah right now bitcoin is still being treated like a speculative asset rather than a currency. Most people are buying it to trade on it rather than use it to buy goods and services. Until this changes where people start using it to buy real world good nothing will change. When you have a large amount of people constantly using bitcoin for transactions to procure goods and services this will ultimately cause a decrease in volatility which is where bitcoin can start being a currency rather than a speculative asset. Most important thing for any currency is to be a store of value, bitcoin has not reached that point yet. When its starts getting there you will see mass adoption
Amen brother.
Good speech as always Jeff and very informative. Thank you,
Well do believe the same . I think it's just the bignning in this field. There r a lot of opportunities still untapped and r going to be accepted worldwide . Thank sir for such a great post . Sir I am your follower
I hope cryptos take down the FED and all the other Central Banks around the world. The people have been enslaved to them for far too long. Viva la Crypto!!!!
So far it is the most objective view on cryptocurrency in my opinion.