Firstly what is money ?
Is it the thing that we all understand from being children, those shiny coins that we used to get so excited about when grandma would rummage about in her purse ?
Magical round shiny coins that we could run to the shop with to swap for sweets !
Grandma’s purse seemed to have an almost endless supply of them.
Then as we grew older we joined the grown up obsession to get more of them, so we swapped the biggest part of our lives with an employer to get as many of these shiny coins as possible, the fact is that we left childhood behind and the magic of the shiny coins was gone forever, the shiny coin became our master and now we can never get enough of it, our entire life is taken up with struggling to find more shiny coins.
The magic is gone and instead it’s replaced with a dark secret !
The magic coins were created to enslave everyone !
That is the story of what we call FIAT currency, FIAT currency is any way of transferring value between parties that a government declares to be legal tender, the government promises to honour the value of a coin based entirely on the hope that its economy is going well. FIAT currency is a tool also used to track individuals and companies to make sure they pay their taxes amongst other things.
Governments like FIAT currency, they can see it and they can control it.
So what is a cryptocurrency ?
A cryptocurrency is a way of transferring value digitally from one person to another without ever involving a bank or government in any way and it is effectively a series of numbers and codes known as a transaction, it derives value partly from the fact that only a certain amount of bitcoins can ever exist, almost like gold has a certain value because more than exists can never be created and so gold and other precious or rare things accumulate value, so it is with cryptocurrency.
Although in our current times cryptocurrency is very volatile, this is really because it is in a bedding in phase and will take a long time to truly stabilise and finally settle at its true value, this is true for all cryptocurrency.
Another benefit of cryptocurrency is the unregulated nature of it and governments inability to control it and therefore also its inability to control us all as individuals.
Cryptocurrency might spell freedom for many of us who have become enslaved by FIAT CURRENCY.