Indeed sir, well said.
The fact that cryptos were created, arguably, to circumvent the gigantic capitalistic nightmare that is big banking; certainly does not make them immune to those in positions of great power. I spent the last decade of my life working my fingers to the bone learning trade skills and making myself an indispensable employee to any number of companies; and now almost entirely as a result of my government pouring billions of dollars into the oil market, only guaranteeing the eventual crash, I find myself unemployed and struggling to provide for my family along with tens of thousands of others.
If cryptos hold any hope of breaking the vicious cycle of debt-creation and bubble economies, I'm all for it.
My money is on BTC being reasonably stable for the near future, can't help but have a bit of a biased attitude.
Cheers!
I don't know that I would say BTC was created for "arguably, to circumvent the gigantic capitalistic nightmare that is big banking". Long term with that as a goal.... we fail. We want mass adoption of crypto currency. So we want "regular" people to hear bitcoin and thing good things not that it's trying to beat big banking... as it really is not.
It's ideas like that that give bitcoin a bad name sadly. That is why many who have startups at this point use "blockchain" vs "bitcoin" is we again want mass adoption, not some small percent trying to beat big banking.
