Buying bitcoins is the best way to vote against the current system

We have barely crossed the mid-year mark, but we can already say with complete confidence that the current 2020year will forever be captured in history. It all started in early January with a sharp increase in tension between the United States and Iran. For several days, many even thought that this escalation of the conflict between the two countries could lead to war. And then, when, finally, the degree of tension decreased a little, it was then that a pandemic unprecedented in scale fell upon the world. I mean, of course, the coronavirus pandemic, which forced all the major economic powers in the world to declare strict isolation measures in order to prevent the further spread of the pandemic. This necessary evil served as a trigger that launched a large-scale economic crisis, the appearance of which had been expected for many months.

The onset of this crisis was inevitable, even without the “help” of a coronavirus.

Indeed, financial markets are artificiallybloated for several years as a result of too liberal central bank policies. This could not last forever, regardless of the desires of bankers and investors dreaming of infinitely growing markets. Of course, such dreams are just utopia.

Central banks and governments always use the same anti-crisis strategies

To combat the economically devastating effects of the coronavirus crisis,most of the world's major economies followed a strategy identical to that of the Fed:

• interest rate reduction;
• large-scale quantitative easing (QE) program;
• massive infusion of liquidity into the monetary system.

Which is to be expected, since it is this recipe that is used by central banks in every new economic crisis. Exactly the same measures were already taken in 2008.

The main difference between the current crisis and the past lies in its scale.

The economic crisis of 2020 by now has already required a much larger volume of cash injections to keep the current monetary and financial system afloat

If in 2008 there were enough hundreds of billionsdollars, then this time the central banks of the G7 countries have already invested several trillion dollars in the economy. And yet this is clearly not enough.

At the state level, the usualthe recipe for creating packages of incentive measures, which consisted in the fact that most of the largest economic powers in the world made massive borrowings to finance their anti-crisis plans.

For example, the United States has already taken more than threetrillions of dollars to fund its incentive programs. This has led to the fact that the US public debt at the moment exceeded $ 25 trillion. In 2020, for a G20 member country, the ratio of public debt to GDP of more than 110% became the norm.

While the coronavirus pandemic seems to be under control at this time, the economy is far from getting out of a critical state.

Thus, the amount of stateDebt should grow even more in the second half of 2020 in order to finance new incentive plans, and it is likely that by the end of 2020 the US public debt will already be about $ 30 trillion.

Nothing seems to threaten financial markets, but the real economy is still in danger

All these huge funds invested in fiatthe system has undoubtedly helped bring financial markets back to life. Wall Street approached the levels it was at before the coronavirus pandemic. However, the economic situation in the United States continues to be very critical, where since the beginning of March 2020 the number of unemployed has increased by almost 45 million people.

As in other member countries of the “Bigtwenty, "it is expected that in 2020 US GDP will decline by more than 10%. The number of bankrupt enterprises will increase many times, and the federal government will play the game of “whom to execute, who to have mercy”, that is, which business will receive financial assistance, giving them a chance to survive, and who will be denied, condemning them to bankruptcy.

This proves once again that the free market as such in the United States has long ceased to exist.

Of course, it is large companies that are mostbenefit from the help of the American government. The main losers (left without such financial support) are small enterprises, shopkeepers, entrepreneurs and low-skilled workers.

There are currently millions of people in the UnitedStates feel a complete lack of connection between financial markets and the real economy, which just reflects their daily lives. Many people have an understanding that the current monetary and financial system is completely unfair.

A bill for $ 1,200 was sent to all eligible American citizens as a one-time aid from the state, while banks and corporations received billions of dollars.

What is called - feel the difference!

Money poured into the system benefits only a few

Most people start to wonder, butdo fiat money have any value whatsoever, since the Federal Reserve can print almost three trillion at the click of a finger. dollars. The recognition, voiced by the Fed representative, that they can print an unlimited amount of US dollars at all, only adds fuel to the fire.

What then is the point of paying taxes if central banks can print money in unlimited quantities?

All of these issues make matters worse.concern that has been felt in American society for many years. The welfare differences created by the current monetary and financial system spawned a two-tier society.

On the one hand, we have rich people whofully benefit from the existing system and all those decisions that are made by the powers that be, standing at its helm. And on the other hand, we have poor people who suffer from this unjust system. The problem is that the poor make up the vast majority of the population in the United States, and even more so throughout the world as a whole.

In the United States, such a plightmost prevalent among African Americans. In the USA in 2020, more than 40% of blacks do not have social insurance, and this is against the background of “only” 10% of the white population in the same conditions. Due to poor social security, there are far more lethal outcomes of the coronavirus pandemic among the African American population.

In addition to this serious public health problem in American society, there is a deep-seated racism against blacks, especially black men.

Over the past few years, the number of incidents of police misconduct against black men has only increased.

All these cases of "police lawlessness" aresymptoms of a serious problem in American society that Donald Trump has only been fueling with his statements on social networks since November 2016.

The death of George Floyd overflowed the patience of Americans

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The murder of George Floyd on May 25, 2020 during his detentionby Minneapolis police officer Derek Chauvin(Dereck Chauvin), which remained unpunished at that time, for millions of members of the African-American community was the last straw that overflowed their cup of patience.

This movement has long spilled beyond the framework of the African American community.

Instead of demonstrating matureposition and take this extremely serious situation under control, Donald Trump did not come up with anything better than escalating tension in his highly provocative tweets. Some of his messages, even hidden ones, were posted on Twitter, which he regarded as hate speech.

And now, millions of Americans are protesting in the streets of major US cities.

Chilling riots testify to the revolt of millions of people who can no longer put up with the thought that they are never considered.

And instead of listening to the "voicestreets, ”Donald Trump did not find any other solution than to send an army to the aid of the police. As the only response to an extremely deeply rooted social protest, Donald Trump sees only the use of force and repression.

Obviously, this is, in fact, an incredible mistake and a complete lack of foresight on the part of Donald Trump.

Presidential elections scheduled for November 2020years, and we hope that the people of the United States will make the right choice and not allow Donald Trump to continue to split the American society and country, which he did to a much greater extent than any of the presidents before him.

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If you had the patience to read this story so far, you should be wondering what does all this have to do with Bitcoin, which I already talk about every single day?

Well, now it will become clear that there is a connection, and the connection is very obvious.

Bitcoin was created in order to offer people a reliable alternative to the existing fiat system.

Satoshi Nakamoto created Bitcoin to give peopleweapons to combat the monetary and financial system, which no longer puts them in anything. The system itself requires us to fully trust the people who are at the head of central banks and the banking institution as a whole.

History has repeatedly shown us that we should not trust the people who are at the head of the current system.

When creating Bitcoin, Satoshi Nakamoto was guided by the following understanding of the current situation in the monetary and financial sphere:

"The root problem of traditional currencylies in the requirement of trust at different levels, necessary for its functioning. We trust the central bank that it will not depreciate the currency, although there are many examples in the history of fiat money when this trust was broken. We trust banks with their money and electronic transactions with them, however they give them in the form of loans, forming waves of credit bubbles, leaving only a small part of them in their reserves, ”- Satoshi Nakamoto

Thus, Bitcoin is seen as a chance.Vote against the existing monetary system. When buying bitcoins, you decide to take control of your money in your own hands, thereby depriving the system of power that you are neglected.

The policies of central banks are complemented by policiesgovernments that continue to borrow more and more money to finance programs that do nothing to solve the real problems of society.

Ultimately, it is future generations of citizens who will be forced to pay for this endless growth of public debt.

Although in the past the topic of public debtFor a long time in the United States was banned, today the attitude to this issue changed when everyone saw that the country's debts exceed its GDP by 115%.

In the end, US citizens will have to repay these loans by paying more and more taxes.. In whose interests will these taxes be collectedit remains to be seen, but for now it is only possible to observe how central banks are able to print several hundred billion dollars by the arbitrary decision of several people.

Bitcoin is the best way to vote against an existing system.

The problem here is thata minority, which is a group of people whom no one has chosen for this role, will decide the fate of future generations when they clearly do not care about these very future generations.

A good way to vote against the current system is, again, to buy bitcoins.

Why? Just because Bitcoin marked the first step towards separating money from the state.

Bitcoin's monetary policy is spelled out in itssource code. Therefore, it is carried out automatically. Which means that it does not depend on any arbitrary human decision. When you buy bitcoins, you already know that their total number cannot exceed 21 million, and that the inflation of the supply of new bitcoins will decrease every 210,000 blocks mined.

That will never change. In a world filled with uncertainty, Bitcoin offers you confidence and certainty.

Bitcoin should be seen as insurance against the uncertainty generated by the world in which we all live.

When you buy Bitcoin, you buy 1 of 21million BTC. Now and forever. Thus, you get such a fundamental guarantee that no fiat currency can ever offer you - 1 BTC 2020 will be equal to 1 BTC in 2100.

And finallyBitcoin is your vote for freedom. As long as only you own privatethe keys to your bitcoins, they are completely yours. No one can take them from you. In addition, no one will stop you from making transactions of your choice with your bitcoins.

In fact, Bitcoin gives people the opportunitybetter resist hyperinflation and oppression in countries with authoritarian regimes. It is no coincidence that Bitcoin is already so popular in countries such as Venezuela, Iran, Lebanon, Afghanistan and Zimbabwe.

Bitcoin provides an opportunity to live life the way you want it.

Thanks to Bitcoin, you can save your money without fear that they will be devalued by arbitrary decisions, or that they can be confiscated at any time in the future.

For millions of people, Bitcoin is already a critical Plan A, a plan for action.

There is a high probability that inIn the future, in Western countries, more and more people will choose Bitcoin to declare their financial independence from an unjust fiat system that does not protect their interests.

I believe the current monetary and financialthe system will not completely disappear, giving way to Bitcoin. Rather, Bitcoin will evolve into a viable alternative, a monetary protocol on the Internet, supported and used by hundreds of millions of people.

The people who will see in Bitcoin an ideal means of peaceful protest.

Buying bitcoins today, you declare your position publicly. You vote against a system whose values ​​do not correspond to your desired free life.

It's time to vote! Vote or lose!

 

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