Why Bet Your Life’s Work on People You Have Never Even Seen?

[Lida93]

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How can anyone place their faith and survival on central bankers they don’t know, have never met, and can never control?

They create a system that makes people (have to) put their trust. On the one hand you have the choice not to, on the other hand you have actually been part of the system for a long time

The system has being designed in a way to make us believe that taking the decision to not trust the centralized financial system is an error in making and we are risking more than we know. And It only takes a critical self education to unlearn such fears, to understand it and accept the evolved reality.

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That's why my team working on hedge project to bring ultimate hedge its free of all those "fed watch" or " trump tarifs" "or any other political or fiscal decisions"

Back to the question: Why Bet Your Life’s Work on People You Have Never Even Seen?
Checkmate!

Sort kind of making the rest of us anxious about what he has proposed to offer.

It's a damn checkmate for sure. Lol.

[Coyster]

I don't know what you are talking about, but there is no investment that would depend solely on your actions. If that is what you are looking for, then withdraw your money and bury it underground. But even if you do that, government action would still eat away your purhasing power, and your funds would be worth less when you are ready to use it.

For example, if you are buying equity, you are trusting the company to succeed, you don't need to see their CEO or Board of Directors before you purchase a stake in the company. If you buy bitcoin too, you're hoping demand also increases, so the price of bitcoin can go up. That's how the market works. Purchasing U.S. treasury securities is also a safe investment, because it is backed by the trust in the United States government.

[CryptopreneurBrainboss]

How can anyone place their faith and survival on central bankers they don’t know, have never met, and can never control?That is not true ownership

That's what they are exposed to so don't blame people for believing that their finances are safer in the hand's of bankers as that's what must of us here used to think before the industry opened our eyes to Bitcoin then we realize the scam the banking system is ran on.

If your eyes aren't opened then you'll think you're getting the best deal not knowing you aren't even in control of your own money and can't have access to it whenever you want. The current banking system has been our norm for so long and it now seems like the right way to carry on our finances and every systems and infrastructure has been developed to best support the system that's why it looks so easy to operate.

It'll take lots of efforts to introduce something different and get it running as effortlessly as the current banking system is doing in in the economy.

[Ojima-ojo]

This is the ultimate absurdity of the modern financial system: you can live thousands of miles away from the United States, yet your hard work, life savings, and financial future still depend directly on the whims of a handful of bureaucrats at the Federal Reserve.
How can anyone place their faith and survival on central bankers they don’t know, have never met, and can never control?That is not true ownership

That's why my team working on hedge project to bring ultimate hedge its free of all those "fed watch" or " trump tarifs" "or any other political or fiscal decisions"

Trust is at the center of it all, people can decide to trust the central Bank Chief and the policy makers in the centralized financial markets, as against what you are proposing, to provide an hedge over the traditional set up in finance requires a lot of things that will take pretty long time to come by for project at your level of development.


So good luck and keep building the trust for your infrastructure, because only then you get attention of investors who can choose your project as alternative to the traditional means.

[abhiseshakana]

The answer is very simple. Because we have limited choices given by the fact that we and our government are only part of the system, we are not system creator , we don't have power to replace it.  As a part of global financial network  with US as the anchor, the heart and the main director, such leverage make US holding absolute control over financial infrastructure. As financial controller and  the world's money printer, US possesses immense geopolitical power , we named it economic sanctions. US can freeze another nation's assets or cut off a country's banking access to the global ecosystem with just a single pen in Washington.

Dependence means lack of sovereignity, politically my country is sovereign but its sovereignity is not absolute infinancial and economic term. USD give US geopolitical and geostrategic power among other nation.

[logfiles]

The first step is to usually move away from depending on the dollar on almost everything such as trade, foreign exchange, transfers, etc. and I don't think it's any easy thing to pull off, but we are already seeing some cracks. As long as most of the countries move from the US-rigged economic system, their policies will no longer be of much effect to the world economy or economies of different countries.

Honestly, it sucks having all these economies get steered by a bunch of folks who are elected elsewhere in some distant country.

[TastyChillySauce00]

This is the ultimate absurdity of the modern financial system: you can live thousands of miles away from the United States, yet your hard work, life savings, and financial future still depend directly on the whims of a handful of bureaucrats at the Federal Reserve.
How can anyone place their faith and survival on central bankers they don’t know, have never met, and can never control?That is not true ownership

It's hard to not be dependent on them when they are the biggest economy in the world, has invested in every part of the world to make whatever happened in america will influence the economy of other countries and it's hard to deny.

You might say that dedollarisation is ongoing and everybody will eventually diversify, but the reality is only very limited bilateral trades bypasses dollar and majority of the trades still occurs in dollar, not even a massive economy like China can do something about it, moreover your hedge project that is said to overcome this problem is only a meme coin deployed through pumpfun.

[AprilioMP]

This is the ultimate absurdity of the modern financial system: you can live thousands of miles away from the United States, yet your hard work, life savings, and financial future still depend directly on the whims of a handful of bureaucrats at the Federal Reserve.
How can anyone place their faith and survival on central bankers they don’t know, have never met, and can never control?That is not true ownership

That's why my team working on hedge project to bring ultimate hedge its free of all those "fed watch" or " trump tarifs" "or any other political or fiscal decisions"

You'll undoubtedly face risks in any project you work on. The main challenge is gaining the trust of the majority of those who will join. Getting enough people willing to invest their entire hard-earned money is no easy task, especially given the difficulty of earning adequate income.
Rather than placing their trust in a new project that might not be a viable hedge, people are more willing to place their full trust in an asset that has proven to be the best hedge. You know what the best hedge assets have been, and I trust you do.

[L E G E N D A R Y]

You see, the real issue isn’t just about the protection of one’s wealth from the Fed or some political decisions, but I believe the real deal is coming up with a kind of system that literally gives individuals direct ownership and control over their financial future rather than having to always depend on institutions they don’t have any kind of influence over. So if your hedge can actually genuinely achieve that without just having to shift from one form of dependency to a much better form, then that’s in fact, where its real value lies.

[Emitdama]

This is the ultimate absurdity of the modern financial system: you can live thousands of miles away from the United States, yet your hard work, life savings, and financial future still depend directly on the whims of a handful of bureaucrats at the Federal Reserve.
How can anyone place their faith and survival on central bankers they don’t know, have never met, and can never control?That is not true ownership

That's why my team working on hedge project to bring ultimate hedge its free of all those "fed watch" or " trump tarifs" "or any other political or fiscal decisions"

You just sound like a person who started a business against his competitors and is now telling their customers that his business or his products are much better than his competitor's, and that they lie about the quality but he has better quality. Now, how the hell are the customers going to believe that you are not lying as well just to sell your products? Because at the end of the day, that's what you are also trying to achieve with what you are doing.

No one is forced to make their financial decisions blindly. Every single person has the option to do their own research, find the best place to put their life-savings, and then don't cry over anything that might happen in the future, because it was their decision to make, and they made it without any influence. If it's about fiat currencies, then just don't use them for savings, just use them for day to day use cases and avoid putting all your worth into them.

Lastly, the "hedge project" that you and your team are creating, we don't need it, because we already have enough of them, Bitcoin is the best one out there, and I'm pretty sure people would trust something that is totally decentralized more than what you and your team are creating.

[viljy]

This is the ultimate absurdity of the modern financial system: you can live thousands of miles away from the United States, yet your hard work, life savings, and financial future still depend directly on the whims of a handful of bureaucrats at the Federal Reserve.
How can anyone place their faith and survival on central bankers they don’t know, have never met, and can never control?That is not true ownership

That's why my team working on hedge project to bring ultimate hedge its free of all those "fed watch" or " trump tarifs" "or any other political or fiscal decisions"

Good luck with that hedge will end up like btc blackrock will just buy it up and will be on their control aswell if they can't ban or fight against.
I give maximum 1 year until instutions dont know hedge will be too small but when they notice they can just buy it so hedge will be also under their power no doubt about that lol

That’s the point. Everything will be as it always is. Cryptocurrencies were also initially pitted against traditional finance, but what happened in the end? Just another large market where you can accumulate dollar inflation and inflate bubbles. And DeFi didn’t become a revolution in finance; it just became a "huge derivative". The dollar really needs such “sponges” that absorb its inflation. The more the financialization of the economy grows, the larger the bubbles will become.

The goal is to prevent inflation from seeping down to the consumer level of the "golden billion", as they are not prepared to tolerate even the slightest discomfort. Instead, it is the residents of the Third World who experience discomfort and suffering, as the dollar’s inflation is also "exported" there (for example, through IMF standards for foreign exchange reserves).

[Egii Nna]

This is the ultimate absurdity of the modern financial system: you can live thousands of miles away from the United States, yet your hard work, life savings, and financial future still depend directly on the whims of a handful of bureaucrats at the Federal Reserve.
How can anyone place their faith and survival on central bankers they don’t know, have never met, and can never control?That is not true ownership

That's why my team working on hedge project to bring ultimate hedge its free of all those "fed watch" or " trump tarifs" "or any other political or fiscal decisions"

How do you plan to build a hedge project that will solve this problem and not be affected by fiscal policy and political decisions? It is not possible to build any inflation hedge that can not be affected because of policies and other external factors, even bitcoin which address the problem of the Ownership and still serves as an inflation hedge can be affected by fiscal policies or political decisions.

You can save your money and hardworks from the US government policies by not investing in things that are directly influenced by their decisions or policies.

[maydna]

It is hard convincing people bet on their life's work without clearly explanation. They will not trust the project before they see a good positive from the project so that makes difficult to find the first person. But I don't know perhaps some people willing to test the project and see the result and if they see that is profitable for them, they will recommend to their friends. The hard thing is the first time introducing to people and convincing them.

[danherbias07]

So you mean we can trust your work and not trust others? It would be better if you could give hints on how it will be done. Not the whole project, but just a preview or some details. If maybe you have done that in your opening post, then you might get some positive reactions.

Anyway, if you can truly work it out, then I give you early congratulations. But have you ever considered the problems that could happen with your "free fed watch" or "free tariffs"?
The "hows?" will be the big question here.

[Accardo]

You see, the real issue isn’t just about the protection of one’s wealth from the Fed or some political decisions, but I believe the real deal is coming up with a kind of system that literally gives individuals direct ownership and control over their financial future rather than having to always depend on institutions they don’t have any kind of influence over. So if your hedge can actually genuinely achieve that without just having to shift from one form of dependency to a much better form, then that’s in fact, where its real value lies.

The human brain behave alike, in a world where majority of people save money in the bank, it'll be difficult to find somebody with none of their money saved in the bank. As for self control, Bitcoin has given users the guides for self custody, and you can't expect the unhappy financial systems like banks to grant users similar privilege. The government won't allow it too, because they all want to have control over everything a citizen owns including their decisions.

[Agbe]

That's why my team working on hedge project to bring ultimate hedge its free of all those "fed watch" or " trump tarifs" "or any other political or fiscal decisions"

Let your effort not be in vain. More have come and couldn't survive the test of time and collapse but wishing you good luck is all I can say now. To bring out a project to live is not a day job and it is not by mouth. Mostly a project that will sideline government participation. They means you are creating a project that likewise as bitcoin. If I will advise you. It'll be better if you work with bitcoin and create a befitting decentralized exchange for people to use like the way we are currently using centralized exchanges.

If you don't understand let me break it down. Let your project be a decentralized system in  bitcoin Blockchain.

[Promocodeudo]

Let your effort not be in vain. More have come and couldn't survive the test of time and collapse but wishing you good luck is all I can say now. To bring out a project to live is not a day job and it is not by mouth. Mostly a project that will sideline government participation. They means you are creating a project that likewise as bitcoin. If I will advise you. It'll be better if you work with bitcoin and create a befitting decentralized exchange for people to use like the way we are currently using centralized exchanges.

If you don't understand let me break it down. Let your project be a decentralized system in  bitcoin Blockchain.

Will people believe in his idea, that's where he's gonna face more problems, because for people to decide to take part in any project in this era, they will have to make their research very well to know what the project is aimed at, how they are going to benefit from the project overtime, I will not want it to look like I'm discouraging anyone, I know he has his plans, but he should also think of how the government will react to another project that will deprive them control over it as Bitcoin did, will they allow it go through at this stage, after all they went through trying to stop Bitcoin which they couldn't, you got a nice advice for him, which will be a better option.

[L E G E N D A R Y]

The human brain behave alike, in a world where majority of people save money in the bank, it'll be difficult to find somebody with none of their money saved in the bank. As for self control, Bitcoin has given users the guides for self custody, and you can't expect the unhappy financial systems like banks to grant users similar privilege. The government won't allow it too, because they all want to have control over everything a citizen owns including their decisions.

Well, I believe the reason why most people tend to keep their money in the bank is because the human brain is kinda wired to follow what’s familiar and widely accepted. And Bitcoin is kinda the only thing that challenges this mindset of leaving the safety of your money and asset in the hands of the government, but instead, taking custody of their own funds. But then again, we need to also understand that greater power comes with greater responsibility, and so does the freedom that comes with Bitcoin. What that means is that, rather than the bank or other financial services, you’ll be 100% responsibility for the safety of your funds, and the truth is that, not everyone is actually ready for that kind of responsibility.

[Ruttoshi]

That's why my team working on hedge project to bring ultimate hedge its free of all those "fed watch" or " trump tarifs" "or any other political or fiscal decisions"

What's the name of your team because your statement above sounds funny if you will still do it in a centralized way. The government loves to control everything and that's why you see that you have no option than to do things the way you came to meet them.

Even bitcoin that, you can keep in your self custody will taxed when you want to spend it. The world is a centralized place and the government controls the bank because it's their own.

[Aanuoluwatofunmi]

This is not a campaign to encourage us not to trust on people easily but we should not be able to accept everything that comes away the same way we see it coming, sometimes we need to pause and check through the procedures and have a rethink or make research towards it, considering that there's increasing scam rate today in cryptocurrency and target they use to deceive us by believing in them first before we now invest in them.