Soon everything will change...
Remember? A famous song about blockchain.
Toby Ganger + Decap - Welcome To The Blockchain (The Bitcoin Song)https://www.youtube.com/watch?v=YbzNJr26H-4And one more thing..
Pay attention - 2012 !!!! =)
https://www.youtube.com/watch?v=WdrSP0V-KLgUPD (3/08/2018)About why Bitcoin is needed.
Bitcoin, as you already heard in the song, has a limited emission.
It is important. He is deflationary. And the usual fiat currencies are inflationary.
Simple people around the world do not have the ability to save capital.
How can my grandmother be rich?
She worked all her life. Honestly worked. Hard work.
But the year 1990 has.... The USSR collapsed. All the money that my grandmother kept on the savings book - in the bank - disappeared.
And even the usual cash was just a paper ....
For me, as a child, my parents also put money aside. And they disappeared ....
Any world currency, including the US dollar, depreciates.
How can I check this? Look at the price table in 1930 ... in 1945 ... in 1965 ... and now ....
Simple people are constantly getting poorer. They become poorer by the percentage that is INFLATION.
Every year, my and your savings are "eaten up" by inflation.
How can I become richer ?? More work
![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
But the current system is not fair. Those who release money use them before they have depreciated. They become richer ... and we (ordinary people - poorer !!!) ...
Bitcoin and some other crypto currency, as well as gold and silver (Money of God), bring stability. And a person can accumulate savings. For example, on your retirement ....
Now do you agree?But Blockchain is not just cryptocurrencies..Blockchain will help to defeat corruption and save resources around the world.
But this is only if the Blockchain will be decentralized, and not in the cancers of monopolists and dictators....
UPD (09.08.2018)I will repeat - the states can also create their own crypto-currencies, but they will cease to be uncontrolled.
Because all people can see their issue.
In the world now - a partial bank reservation.
This means that for every dollar (for you - pound) bank LEGALLY creates a lot more dollars (pounds) of credit money.
Who benefits from this? Poor???
No! The total money supply is growing. The same number of assets remained. And this means that money depreciates against assets.
Am I wrong?
Read, please, the books of Hayek, Lietar.UPD (I publish here, because my answer to the topic was deleted)1.
"If Bitcoin is to become a currency then who pays for my roads and bins to be fixed or cleaned? all the bitcoin people will hand over donations to my government to fix the pot holes in the roads"
1.1 Bitcoin will be a means of accumulation. It is limited in quantity.
State digital currencies will be used for calculations. Also on the Blockchain.
For example, - based on Stellar. Although it is not decentralized, it is suitable for creating on its basis national currencies
And, for example, a komodo
1.2 Taxes will be paid by the owners of Bitcoin. Therefore - the budget will not suffer.
By the way, the budget suffers more from underpayment of taxes by world TNCs
Transnational companies always optimize their taxes so as not to pay much.
UPD: 11.08.2018 (I publish here, because my answer to the topic was deleted)There are many places in the world from which the crisis can begin. These are the deficits of pension funds, and stock bubbles, and trade war ...
I am silent about the bankrupt banks and the overload of the whole world with debt ...
To be continued...