Diamond coins (DMD), time for the middle- and working class people to take back some of what is theirs!
Diamond coins (DMD), a good hedge against stagnating wages, growing inequality and rising national debt.
Introduction
Governments love to spend money. When they do, they increase inflation reducing the value of your hard earned paycheck and savings. In countries with relatively good governance, much of the spending is arguably good, but a fair deal of it goes to inefficiency, corruption and misuse of monetary assets. There are countless articles about corruption and misuse and it's beyond the scope of this post to cover all of it.
The rich are getting richer and the poor and the middle class growing poorer
Your money in fiat currency is reducing its value daily. The money you have parked with the institutional banks are not giving any dividends. But one thing I would like to share with you is this graph here. Your paycheck is stagnating and has stagnated years ago if you didn't know. And the reason for it is this telling graph below:
The graph is taken from here
Fiat currencies (like USD, EUR, SEK and NOK) are valuated among other things towards how productive the workers in said countries are. The more productive the workers, the higher the fiat currencies will be valuated with respect to each other. So a technological bump of 10% worker productivity will amount to a substantial increase in valuation of that nations currency.
After World War II (WWII) and the introduction of Marshal plan to repair the massive destruction left in the wake of the war, the economies of Europe and the US grew substantially. As economies grew and trade increased, the living standards of people in the first world increased dramatically, keeping pace with rising worker productivity. So the more workers produced, the more wages they received.
Until 1973. Some very important decisions were taken for us in 1970s that led to the disastrous divergence of the graphs. It's beyond the scope of this article to cover the reasons (you can read the article), but as you can see, some things happened that allowed the workers and the middle class to be left behind. Living standards that should have kept pace didn't rise as fast as they could. Year after year, as companies get richer and richer, giving stockholders and capital owners more money, the worker's paycheck has roughly stayed the same (the graph is corrected against inflation). This is of course alarming. What can you do about it?
Game changer
Since you're here, you are an early adopter of cryptocurrencies. You know something that those rich people probably don't with respect to cryptocurrencies, or you are in a position which the rich people cannot afford to be in. And while the majority of the rich people are still on the sidelines regarding bitcoins (BTC), Diamond coins (DMD) and altcoins, you can take back what slowly has been trickling away from middle class pockets into the pockets of whales from the 1970s and on wards. Because many rich people will be late comers, they will increase the value of all early adopters holdings. You can make an active choice now as to which cryptocurrency will be handling all your financial transactions.
Diamond coins are safe, secure and extremely valuable and have since the start of 2017 to the end of 2017 multiplied the value of the initial investment by several hundreds of percent. It's expected to ten fold the next 5-10 years.
Bottom line
Inflation is eating away your savings. Worker productivity and wages have diverged since the 1970s, thus your paycheck has stagnated and has stayed stagnated for years. Now that you know this, it's time to act.
It's time for the middle and working class to take back some what they have lost. Diamond coins is a very safe, secure and a good investment for the coming years. DMD provides a way into the light from the darkness, you just need to follow it. This post can provide valuable insight into how profitable a DMD masternode can be. If you cannot afford a masternode, staking DMD coins is described here.
Needless to say, I'm heavily invested in DMD coins so please do your research before drawing your own conclusions.
DrDMD
If you're interested, fill in https://bit.diamonds/contact.php and ask for an invite and you will receive an invitation shortly to our DMD-slack channel.
Jungle picture modified from here and chess picture from here.
Soon you will be able to avoid highstreet banks as well and use a blockchain bank. Read this https://steemit.com/blockchain/@halfbean/the-first-blockchain-bank
Nice post! I've never heard of this one and it sounds interesting. I was left wanting a little more information though. Is the coin pre-mined? Are you affiliated with DMD in any way besides investment? I'll go do a bit of research into it myself. Thanks for the good info.
Hi! thanks! Use all the info on my blog to get you started. Remember it is biased. If you read how i got started with DMD (somewhere pretty far down the blog list) you get all the info about scams, premines etc. There are none. Only a bunch of honest people that has been around developing the coin. DMD is an ancient coin by cryptocurrency standards and has been around for YEARS. But please do your research and return here to tell me stuff i do not know. Regarding my affiliation, im just a very large DMD investor and "know" the developers. If you can call it knowing. Join our slack channel to get to know the devs yourself and get a feel for the community and the devs. Link at the bottom of the post. Best of luck to you! Dr DMD
Thanks - I will look into this coin, the history review is great by the way :)
Thanks for that kivsha, and thanks everyone for reading and commenting thus far. If you dont want luck or RNG in your investment games, consider investing in DMD. Best regards kivsha DrDMD
sharing is caring thank you !
YEAH !!! finally something good for us
Thanks
Nice post. Thanks you
https://steemit.com/@huseinjakupi CryptoCracy
Excellent, going to be researching the $h1t out of this one. Thanks for sharing!!!
cheers
Youre warmly welcome to do so. DMD is an honorable no scam no bullshit coin built up from scratch with no premine shenanigans and has been around now for 4-5 YEARS. If you wish to join one of the best communities out there, check the bottom of the post and youll find a form, fill it in and youll get an invitation shortly. Best regards Dr DMD
I want know this cryptocurrency is mineable?
Nope, you can only stake this coin. 25% return on investment on staking. So if you invest 10 DMD, you can expect to have 12 DMD in your wallet by this time of the year if you have staked 24/7. If you invest 20 DMD-> 24 DMD, 200DMD-> 240 DMD, 2000 ->240 DMD. Check out this post here for info on the profitability of staking DMD coins. Best of luck Dr DMD