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March 14, 2018, 11:35:06 PM |
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It is shocking to see the number of market commentators who are normally pro-crypto, including well-known Youtubers (and I am not going to name them here), who are currently talking the crypto market down. Instead of choosing to place the current dip in prices in perspective, they choose to be extremely negative and create the idea that it is happening because of overvaluations of cryptos (based on what?), etc. This while many of them welcome regulations and other anti-crypto BS with open arms.
I feel they play right into the hands of the governments, corporations and bankers who are hell-bent to keep us under their control. In my analysis, what we've been seeing in recent months and are currently seeing are nothing short of a highly organized, coordinated attack on cryptos (facebook ban crypto ads, blatant market manipulation by Mt. Gox trustee, Visa 'glitch' in charges at Coinbase, IRS crackdown on cryptos, YouTube and google ban crypto ads, Poloniex sellout to Goldman Sachs backed entity, Coinbase capitulation to IRS, Visa and MasterCard making it difficult to buy cryptos, phishing attack on Binance, etc.).
I feel we have to place all in perspective, stay positive, understand what is at stake and take the steps required to move forward.
Why cryptos? Cryptos provide us with the means and opportunity to support a non-violent revolution that aims to free people from the shackles of centralized banking and governments – the primary enablers of wars, pain, poverty and chaos.
How is this possible? Through peer-to-peer trustless (bankless) transactions within peer-to-peer economies driven by decentralized blockchains.
In essence, regardless of our political, religious and other affiliations, cryptos are a way to level the playing field so that everyone gets a fair chance to participate and/or contribute. Peer-to-peer makes us equal partners when it comes to trustless, peer-to-peer transactions and peer-to-peer economies means that are no single asshole who gets to call the shots. For once, we get to contribute to something that can set all of us free - across the globe.
We need to stick to the original and/or core aim of cryptos. This for one means that we need to support decentralization.
We need to support decentralized exchanges and help to finance and build new ones. This is why I have welcomed Binance's decision to turn their exchange into a community centered, decentralized exchange and to take the fight to those who are out to discredit this space (bounty on scammers).
We need to support crypto friendly ad networks such as CoinTraffic, A-ADS, Coinzilla, CoinAd, Mellow Ads and AdBit. And the various decentralized ones in development.
We need to support decentralized video sharing platforms such as DTube.
We need to support private or anonymous cryptos.
Anyway, I could add more, but I am sure you get the idea. We either fight in a non-violent way with the tools in hand (or create better ones) or we walk into the traps set by the slave masters - where we get to suffer and slaughter each other to their benefit again. I know there are many good people out there who are not taking any of the shenanigans sitting down, but I know there are also many people who are falling for the bankster shenigans.
It is not going to be easy, but we have to stay positive and push forward with our eyes wide open. We must swing public opinion in our favor and push for mass adoption - the sooner, the better.
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