The evagenlio according to Bitcoin
Undoubtedly the invention of the 21st century is called Blockchain and the second is Bitcoin (BTC), a combination that has allowed the world to adopt a new financial and monetary vision more independent and far from the chains of the fiat model. This equivalent to Gutenberg's printing press for what it represents to humanity in such a short time has managed to unbalance the bases of the financial world and leaving aside the centralized control that characterizes the fiat model, same that is causing this economic disaster that the world is suffering.
In fact, almost 50 years after the implementation of the nefarious fiat model by Richard Nixon, relying on the gold factor as the dollar's value substitute, the Federal Reserve (FED) did nothing but multiply the amount of bills to infinity, which was immediately imitated by the rest of the world's Central Banks, thus devaluing the money, causing countries and individuals to resort to debt to overcome the constant inflation that characterizes this model. The creators of this model have long convinced the world that this form of monetization is the best way to promote social welfare, since it stimulates consumption, and therefore production.
But this constant printing of money has provoked an enormous world dependence on debt, as practically the only way to obtain funds, given that production is increasingly concentrated in a single country: China, and raw materials hardly generate resources to get out of poverty (in the case of developing countries), which are forced to go into debt in order to meet their commitments.
It is definitely crazy to try to get out of poverty by contracting more debts, it is like a dog trying to bite its own tail, in the end you know that this action does not lead anywhere, however, people and countries continue to appeal to the request of worthless money knowing that there is no possibility of returning that money. We were taught for a long time that there is no other way to access money, so we used to bend our knees before the great dictator of the world: banking.
For those who created this financial and monetary model, the formula is simple: as long as the printing or emission of worthless money is constant, the system that creates it is the one that benefits the most from this mechanics, low interest rates will be in charge of killing savings while credit will do the same with people's freedom. The money that comes out of the oven goes directly to the richest and most powerful part of society, so that the vast majority, that is to say us, gets very little of the cake.
Those of us who know the perversion of the fiat system are absolutely certain that at any moment the money dance will come to an end, not for lack of money but for the opposite, as confidence in the system is being lost. As with any Ponzi scheme, since only one person wins and almost everyone loses, no one will take to the streets to defend a model that has been exhausted and that cannot generate wealth for the majority.
So, why do we trust BTC, because this cryptocurrency shows us a new model that dispenses with the centralized vision of finance, besides being free from the control of governments, states, banks or institutions, which brings to you my friend reader, the ease of doing business transactions without intermediaries, safely without the need to identify yourself or show your personal data, so it becomes impossible that your financial information may be susceptible to surveillance or manipulation by third parties. BTC has already surpassed the novelty stage to become the most important financial phenomenon in history since gold was used for commercial, social and even political processes, thanks to its universal nature.
The enemies of BTC are powerful (banks, governments and institutions) who will use threats and any trickery to deny us access to this currency, they will try to regulate and also convince us through marketing campaigns about the danger of decentralized digital currencies, so the more we know and make this way of safeguarding our heritage our own, it will be impossible for them to control us again.
Yes, I have no doubt that BTC is a high-risk security, precisely because of the irregularity of its price, a swing that makes it so unpredictable. Those of us who hold positions in BTC and other cryptos know very well about this risk, so before getting into it we dedicate hours and hours of our lives to understand this currency, to know its strengths and weaknesses and not to be carried away by rumors but by facts.
But more important than keeping a wallet with any amount of bitcoins is to use this cryptocurrency for the development of the real economy through commercial exchange, payment of salaries and the necessary incentive to save, the BTC will become the great axis of economic development that people require. At some point the price of BTC will cease to be the most followed element of this crypto, since being the center of the new economy a BTC is simply worth what a BTC is worth. A new king is ready to be crowned.
