Topic: The bad things will make people hate fiat currency no trust in goverments - page 2. (Read 288 times)

It's a global issue that everyone has to deal what's with the crisis that we're suffering right now. There goes the wars that affects a lot of commodities that we need and that sums up to the result of high prices of oil.

And when oil prices goes up, then everything is going to be a domino effect which we don't like to happen. It's being harder this time compared to the old days.

But are we going to stop with that? No. We have to keep on living and moving on because we're still alive and that's why with the next years to come, there could be some more interesting retrieval and redeem that shall come.

Delete.

OP: There is no source that supports your thoughts, or rain of rebellion; the individual vision should not always be to generalize, you speak in a plural sense of a diversity of topics that are forged in the attempt to speak in the first person, but you are being a spokesperson for many situations.

Working people in any country blame their bad situation primarily on government management and then intrinsically on their ability to pay, which is obviously affected to a lesser or greater degree depending on the country of origin, but which is currently a "pandemic" ( inflation) in the working class, but even this important group in the economic strength of any country does not take the idea of cryptocurrencies as a solution.

On the other hand, their thoughts in reference to the wealth of that privileged part, the rich!, they have no problems with their purchasing power or "hated" the Fiat currency, because unlike the worker who receives and saves in Fiat, the millionaires!, They use it as a reference and their assets, although measured in Fiat currency, the majority of their wealth is not in Fiat currency.

The other things you mention are already a bit of that rambling that I mentioned in my first paragraph.

Yes, you are right about that, There is no Financial freedom by using centralized coins like USDT or even other stablecoins.
A stablecoin is a type of cryptocurrency created to offer price stability reserved based on Fiat Currencies.
But it's centralized and not really decentralized like Bitcoin.

Seeing many Altcoins that use POS such as ETH which moved to POS to become semi-decentralized.
Unlike Bitcoin, which still uses POW and it is completely Decentralized.

It's a political deadlock and EU cannot openly buy cheap oil from Russia due to Ukraine war and though they are getting the same oil at a slightly higher price via India, India is purchasing oil from Russia at subsidized price and selling it to EU and other nations with a profit.

Rich and wealthy are the government and they won't lose, you will not see rich and wealthier losing their wealth due to inflation or some hike, infact they become more richer because they run the show .



How did you even arrive at this conclusion that Muslims are supporting Russia? When Russia has destroyed muslim nation Syria by siding with dictator and changed the tide? On the other hand Muslims from Syria and Chechnya are fighting alongside Ukraine to avenge the Russian involvement in their internal affairs and installing a puppet in Chechnya and crushing the revolt in Syria?


Don't consider USDT as a crypto currency as there has been so many conflicting news about them and Tether can fall anytime as they are yet to prove that they hold the reserve equals to the supply and they are publishing their own audit report to fool people wherein it should be done through a 3rd party. Only Bitcoin is safe.

There has never been any indication of Muslims supporting Russia or even liking Russia for that matter. So you need to provide better reasons for your claims here.

You won't get any kind of freedom by using centralized coins such as USDT and majority of altcoins. Only bitcoin is the viable option.

There is an economic crisis but it is nowhere near the levels that would lead people to abandon the centralized monetary system and move to cryptocurrencies. Something like 2008 crisis has to happen first. Besides, cryptocurrencies have their own issues too.
We have centralized altcoins that are worse than centralized fiat.
We have loads of shitcoins that are useless.
We have bitcoin that is too volatile for people to do a full migration from fiat to bitcoin now.

Fiat has given the government so much power over its citizens, that they manipulate the hard work of people with inflation, which can be as another form of paying taxes. Because it doesn't add in any way to the economy of the nation. That's why the government is against bitcoin and tries its best to control the whole bitcoin transactions. Do you wonder why people still respect the government, despite the troubles it inflicts on the world, using fiat? Purchasing weapons, building bioweapons, and destroying life and cities, to curtail their freedom and to prove superiority to an opposing side. Not every human can hate or distrust the government. They get paid and managed by the government. Moving away from the authorities and commands of the government seems like the end of the world to many citizens. The government control soldiers, banks, schools, and even religious organization to convince citizens to think that their brain is deeply rooted in capitalism. Cryptocurrency is more attributed to libertarians who wish to escape from the super-powerful control the government uses fiat in controlling the world.

The journey will only get difficult if the rich begin to lose their wealth, as they'll have a high rate of unemployment. Which still serves as a tool for the government to manipulate the mental health of citizens. Channeling their thoughts in the direction of taking loans and depending on government grants for survival. One funny thing, once people depend on those grants, they won't be forthcoming, endangering the lives of people. Then the working class serves as collateral damage for the damages the government is causing using inflation. After saving up a huge amount of money for years, you won't be able to purchase your dream house or car because the price just went high, and the value of the saved money reduced drastically, with no interest. Don't know much about the improvement of the compound interest in banks, yet it doesn't help the working class, due to the theft the government is achieving in the name of inflation. We all accept whatever they say because the brain is almost configured from scratch to obey the authorities.

Hence, if the whole world goes to become libertarian, the government won't have much say in society. However, the only tool for achieving such a goal, bitcoin, has been fought tooth and nail by the government. Although not completely, just a few crypto services accept the KYC terms of the government, and the emplacement of taxes on bitcoin transactions in some countries. It's quite impossible to regulate bitcoin, yet the government is not stopping in its fight to bring bad publicity to bitcoin and ban the currency. I suspect their moves of adopting the technology, as a ploy of understanding or working to figure out a method of destabilizing the technology to their favor. However, their plans won't work, Satoshi thought it all through before releasing bitcoin. They would fear that bitcoin users won't fall for their wickedness and the manipulations they impose on the world using fiat inflation. Aside from the economic aspect in terms of money. The world still suffers for the pains war brings to us, whether as a libertarian or a capitalist.

All the bad news and central bank decision to hit people with rate hikes in their hardest time.
Like you can't make mortgage payments so high If people have hard times.
If you want to earn learn how to take little bit bit by bit and let the skin will grow back.
And other things since even the western people who use to support Western so called freedom and capitalism now maybe not.
The bad economic times now can change even the minds of gaza Israel and in Europe the riots are only starting becouse all the bad things Will mix up.

For Europe is only solution. Stop war build back the gas pipelines and cheap oil from russia and food to people.
On going gaza Israel situation is not good either.

Problem is not that only poor people suffering now the problem is that rich and wealthy ones start losing their wealth and that's when goverments have problem

Also the big population of muslems in eu they will try to force everybody to support russia becouse they will bring out to daylight all the Western problems

And a lot people hate now Fiat currency the fiat has become obsolote and many people will openly welcome crypto and USDT to get freedom on their Hands.
I choose crypto Also becouse i have more cryptocurrency then fiat currey...If i would have more Fiat currency i would choose Fiat so i go with crypto.
Banks specially in Europe not safe long time Ago their online Banks often lagg not working and many problems but bitcoin and stablecoins always works and people Understood this now.
Fiat currency can not survive If fiat don't serve people.
I have friend who build houses now he try to sell but prices low... So lost money by investing and not small money and he have to pay to builders.

So central Banks on europe should Hand out asap some funds If they want people to support fiat currency becouse now Even the rich people start losing