Topic: What Role Will Crypto Play During ‘The Great Reset?’ (Read 648 times)
At least for the entire time of my use of cryptocurrency, I have not changed my views regarding the cryptocurrency market, which means that all investors who have decided to invest in cryptocurrency during the pandemic will remain with cryptocurrencies forever. And if this trend continues, then after the big reboot, that period will in any case be the most beneficial for the entire community and the cryptocurrency market.
The "reset" that you're talking about will inevitably come. No doubt about it.
And I do believe that crypto, probably BTC in particular, will at the very least be seen as a bridging currency if fiat systems around the world do collapse. Keep in mind that is the worst scenario, as Bitcoin and other blockchains are more than capable of handling day-to-day transactions as a permanent medium of exchange as well.
It's difficult to time when this transition will come though. I remember Mike Maloney and a lot of other goldbugs predicting within the 2010 decade, which obviously did not materialise. Instead of trying to precisely conjure up a date for when this transition occurs, I think it's far better to continue to dollar cost average and diversify out of assets that are dependent on the fiat system - this includes cash, cash equivalents (e.g. Treasuries, bonds), preferred/common stock etc.
And I do believe that crypto, probably BTC in particular, will at the very least be seen as a bridging currency if fiat systems around the world do collapse. Keep in mind that is the worst scenario, as Bitcoin and other blockchains are more than capable of handling day-to-day transactions as a permanent medium of exchange as well.
It's difficult to time when this transition will come though. I remember Mike Maloney and a lot of other goldbugs predicting within the 2010 decade, which obviously did not materialise. Instead of trying to precisely conjure up a date for when this transition occurs, I think it's far better to continue to dollar cost average and diversify out of assets that are dependent on the fiat system - this includes cash, cash equivalents (e.g. Treasuries, bonds), preferred/common stock etc.
The new world that we are facing is not that further away from the one we used to have neither. Even from 90's to today there are not that many changes, the thing is those "changes" are the changes that always happened. There was a 2000+ year old tablet about someone talking regarding the youth not acting properly and the new generation being disrespectful. Even 2000+ years old each generation their own culture.
So, obviously the finance world has to face the fact that if they continue exactly the same way as they have so far, they will lose all those generation Z and so forth. Which is why I feel like all these changes to financial world even if not as a company but as a general market thing, is all due to the fact that people would be willing to do their own way instead of working for someone else.
So, obviously the finance world has to face the fact that if they continue exactly the same way as they have so far, they will lose all those generation Z and so forth. Which is why I feel like all these changes to financial world even if not as a company but as a general market thing, is all due to the fact that people would be willing to do their own way instead of working for someone else.
the only things are chaning are some get poor some get rich or richer few laws few rules chainging but the world is not going to end.
Happy to see that the mainstream media picked up our article and pushed the discussion:
https://www.investing.com/news/cryptocurrency-news/what-role-will-crypto-play-during-the-great-reset-2272327
https://www.newsbreak.com/news/2043616017443/what-role-will-crypto-play-during-the-great-reset
Open discussion is what we need... When do you think bigger newspapers and TV will start reporting and deliver answers?
https://www.investing.com/news/cryptocurrency-news/what-role-will-crypto-play-during-the-great-reset-2272327
https://www.newsbreak.com/news/2043616017443/what-role-will-crypto-play-during-the-great-reset
Open discussion is what we need... When do you think bigger newspapers and TV will start reporting and deliver answers?
On my own opinion still nothing since its not been adopted by the government yet and so many people doesn't know or doesn't trust this since this is new to their knowledge. Maybe we can agree with it that it changes something once government agrees to pick it and they will start collecting tax on it and also certain regulation ruled to make the life of crypto users easier.
The ways of our earning profit in cryptocurrency doesn't depend on the government so it can benefit us even they're against it. As long as the government doesn't implement any restrictions on using cryptocurrency, we can freely use it and I guess that's enough. But I agree with you that adaptation to cryptocurrency will make people believe in its potential and features. I guess the key to stopping the scam accusations on bitcoin is the government's initiative to use it. The only possible way of collecting tax is through local wallets, so I guess it'll be an advantage for them that the government will gain more growth for the economy. My opinion about this great reset, cryptocurrency will be very beneficial especially now where it will reach 12k$ mark even there's a current pandemic. What more if a great reset happens, the users of cryptocurrency will grow and the possibilities of BTC price pump will become high.
btc was made to test out the system its not a final product i belive so.
the real crypto must be more easy ...how you would explain to your grand mother who is 80 years old to use bitcoin lol??
its impossible and to discrimnate people becouse they dont have skills or maybe even internet access ....
the crypto as its now its not ready to go the masses the world rulers got to have some better currency for us easy to use and secured.
Just a question what it's so difficult about bitcoin that you think people cannot understand? People use cars all the time even if they do not know how they work, the important thing is that they can drive safely and for that we have classes and the same can be done about bitcoin.the real crypto must be more easy ...how you would explain to your grand mother who is 80 years old to use bitcoin lol??
its impossible and to discrimnate people becouse they dont have skills or maybe even internet access ....
the crypto as its now its not ready to go the masses the world rulers got to have some better currency for us easy to use and secured.
The first step is to download a bitcoin wallet, that is not difficult at all that people have been doing this for a very long time, the next step is to verify your download, I know that people don't do this normally but if they are using bitcoin or any other application that is related to money then they need to verify their download, then the next thing is to create a wallet and write down their seed words, this is not difficult either, finally the only thing that they need to do is to buy some bitcoin and there are many reputable exchanges where you can do that, finally if you want to receive or to send bitcoin you only need to copy and paste an address and that's it, so tell me in all of that process what part is so difficult that people cannot do and that needs to be easier?
When the system keeps failing with every single problem, maybe that system needs to be fixed? I mean we are talking about people getting screwed over and over again in their lifetime, one person who was born in 1980 would be 40 year old today and has seen 3 major and 1 minor crisis with 1987, 2001, 2008 and now in 2020.
Maybe if the whole world worked towards making the poorest people a bit richer so that even the poorest people in the entire world could get the best education and best healhtcare, that way we could make sure that nobody would ever be over 50-100 billion dollars worth but also at the same time nobody would die of starvation or they had to ration their insulin or anything so simple that it could be prevented. I agree that governments would take your tax and maybe "buy" stuff for government 100x more expensive from their friends and steal public's money, but that is also another topic.
Maybe if the whole world worked towards making the poorest people a bit richer so that even the poorest people in the entire world could get the best education and best healhtcare, that way we could make sure that nobody would ever be over 50-100 billion dollars worth but also at the same time nobody would die of starvation or they had to ration their insulin or anything so simple that it could be prevented. I agree that governments would take your tax and maybe "buy" stuff for government 100x more expensive from their friends and steal public's money, but that is also another topic.
You are hitting the nail on the head with education.
Instead of gifting somebody a fish, teach him how to fish himself.
the real crypto must be more easy ...how you would explain to your grand mother who is 80 years old to use bitcoin lol??
its impossible and to discrimnate people becouse they dont have skills or maybe even internet access ....
its impossible and to discrimnate people becouse they dont have skills or maybe even internet access ....
Those are practical problems today, but they won't be decades from now. The dinosaurs who are incapable of understanding Bitcoin won't be alive all that much longer, so that problem will just fix itself over time. To a certain degree, the same can be said about internet infrastructure. Just look at how quickly internet access is growing:
Protocol and software maturation will improve ease of use and build on existing network effects over the same time. Basically, Rome wasn't built in a day. This stuff takes time. Decades.
On my own opinion still nothing since its not been adopted by the government yet and so many people doesn't know or doesn't trust this since this is new to their knowledge. Maybe we can agree with it that it changes something once government agrees to pick it and they will start collecting tax on it and also certain regulation ruled to make the life of crypto users easier.
btc was made to test out the system its not a final product i belive so.
the real crypto must be more easy ...how you would explain to your grand mother who is 80 years old to use bitcoin lol??
its impossible and to discrimnate people becouse they dont have skills or maybe even internet access ....
the crypto as its now its not ready to go the masses the world rulers got to have some better currency for us easy to use and secured.
the real crypto must be more easy ...how you would explain to your grand mother who is 80 years old to use bitcoin lol??
its impossible and to discrimnate people becouse they dont have skills or maybe even internet access ....
the crypto as its now its not ready to go the masses the world rulers got to have some better currency for us easy to use and secured.
As far as I can see this pandemic gives a lot of trouble in many peoples lives and most of businesses are shutdown and it affects many peoples. Now most of the workers are working at home through internet and the system of transaction is cashless that's why the role of crypto during this pandemic has a big role, hopefully more people will see the brightside of it.
While others wanted to see the brightness inside crypto yet they have no money to start investing because the prices are too Huge now(Not including shitcoins of course)but i believe that this pandemic turns people to check crypto and how does it works and when time comes that they are able to have money?surely investing inside will be their other option.How many may invest we don't know but at least they will set some amount to put inside.
So people like that are not really thinking about investing in anything and that includes cryptocurrencies, they are thinking on where are they going to get enough money just to survive and the problem is that the economic crisis came with a pandemic and each one of those crises are reinforcing each other and making each one of them worse than what they will be on their own.
When the system keeps failing with every single problem, maybe that system needs to be fixed? I mean we are talking about people getting screwed over and over again in their lifetime, one person who was born in 1980 would be 40 year old today and has seen 3 major and 1 minor crisis with 1987, 2001, 2008 and now in 2020.
Maybe if the whole world worked towards making the poorest people a bit richer so that even the poorest people in the entire world could get the best education and best healhtcare, that way we could make sure that nobody would ever be over 50-100 billion dollars worth but also at the same time nobody would die of starvation or they had to ration their insulin or anything so simple that it could be prevented. I agree that governments would take your tax and maybe "buy" stuff for government 100x more expensive from their friends and steal public's money, but that is also another topic.
Maybe if the whole world worked towards making the poorest people a bit richer so that even the poorest people in the entire world could get the best education and best healhtcare, that way we could make sure that nobody would ever be over 50-100 billion dollars worth but also at the same time nobody would die of starvation or they had to ration their insulin or anything so simple that it could be prevented. I agree that governments would take your tax and maybe "buy" stuff for government 100x more expensive from their friends and steal public's money, but that is also another topic.
If we totally choose the great reset, what is the better then? Centralized or decentralized? Has all countries in this world ready for the decentralized systems? I think no, decentralized and centralized should be implemented conforming to how the system in each country ready for it.
If it is talking again about the use of cryptocurrency after this pandemic over, we can see it right now. So far, many more people are interested in doing some great things on crypto, many projects still exist and many more people reveal the world of cryptocurrency.
So, the crypto will never end and will probably give a big influence on it.
Decentralization is quite a good idea, but I don’t think it is something that will be put fully in place. We have governments, and one of the areas that the government never jokes with is the finance, because our finance is the main thing when we are talking about the economy.If it is talking again about the use of cryptocurrency after this pandemic over, we can see it right now. So far, many more people are interested in doing some great things on crypto, many projects still exist and many more people reveal the world of cryptocurrency.
So, the crypto will never end and will probably give a big influence on it.
So, as long there is government, it’s all going to be centralized. Decentralization will only be to a certain extent, like we have it now, and I really don’t think it will pass that level so much. If you look at the way things are going, the government are already looking into cryptocurrency and trying to gain control over it.
Especially if you look at the masses who are not in crypto yet they are also often scared that there is no centralized institution or regulation in the market because they are afraid of loosing their coins to hackers or argue about a lack of transparency.
Well, we dont have to go into that discussion now since we know better, but I agree with you that there will be some kind of "Hybrid" between centralized and decentralized, which can also be very good for mass adoption.
The question is just if the centralized institution has the best interest of all in mind or is driven by ego & power....
Bitcoin could actually become such a huge adopted thing if it could be, there is really a chance for it but unfortunately it is not easy. Think about it, could it be possible for bitcoin to be accepted worldwide everywhere in the whole world? Of course it is, obviously it is, we are talking about bitcoin here, you could remove all the fiat in the world and just use bitcoin only. Don't get me wrong, I am talking about just the technical part of it, I am just saying it is technically possible.
Obviously it is not going to be like that, and the adoption will take decades because people with power do not want it to succeed, however at the end of the day the bitcoin people will want it and when most people use it, the powerful can't do anything to stop it.
Obviously it is not going to be like that, and the adoption will take decades because people with power do not want it to succeed, however at the end of the day the bitcoin people will want it and when most people use it, the powerful can't do anything to stop it.
Yes, I think it's almost impossible to predict timelines... Who would have thought that you are not allowed to enter a bank without a mask in january?
One thing we know for sure... The technology will succeed because it is solving real world problems and especially since we are facing major issues in many countries already with their local currencies and probably soon have similar experiences with the dominant western currencies, people will start looking for alternatives.
Digitization and globalisation is an unstoppable trend and crypto + blockchain is comparable to 1994 of the internet...
Whatever happens to the global economy two things are certain:
1.The elites will stay as rich and powerful as they were before the crisis.They might become even more rich and powerful.
2.The working class will remain a working class.The number of unemployed poor people will rise,but their survival will be their own problem.
If you think that the crypto industry/decentralization(and technological progress in general) could possibly change all this inequality,then you are pretty naive.
Centralization or Decentralization,it doesn't matter that much.The rich elites might take control over the process of decentralization and create a "pseudo-decentralized" economy.
1.The elites will stay as rich and powerful as they were before the crisis.They might become even more rich and powerful.
2.The working class will remain a working class.The number of unemployed poor people will rise,but their survival will be their own problem.
If you think that the crypto industry/decentralization(and technological progress in general) could possibly change all this inequality,then you are pretty naive.
Centralization or Decentralization,it doesn't matter that much.The rich elites might take control over the process of decentralization and create a "pseudo-decentralized" economy.
There's one way of saying which is easy to understand and that is we have a corrupt government which are driven by their self interest. Businessmen owns the world, they have politicians which are their puppet that serve their personal interest. I do know exactly what crypto is capable of but even if it's decentralized but the world is manage by corrupt government, it would still be useless as we are all subject to the law of our land.
If we totally choose the great reset, what is the better then? Centralized or decentralized? Has all countries in this world ready for the decentralized systems? I think no, decentralized and centralized should be implemented conforming to how the system in each country ready for it.
If it is talking again about the use of cryptocurrency after this pandemic over, we can see it right now. So far, many more people are interested in doing some great things on crypto, many projects still exist and many more people reveal the world of cryptocurrency.
So, the crypto will never end and will probably give a big influence on it.
Decentralization is quite a good idea, but I don’t think it is something that will be put fully in place. We have governments, and one of the areas that the government never jokes with is the finance, because our finance is the main thing when we are talking about the economy.If it is talking again about the use of cryptocurrency after this pandemic over, we can see it right now. So far, many more people are interested in doing some great things on crypto, many projects still exist and many more people reveal the world of cryptocurrency.
So, the crypto will never end and will probably give a big influence on it.
So, as long there is government, it’s all going to be centralized. Decentralization will only be to a certain extent, like we have it now, and I really don’t think it will pass that level so much. If you look at the way things are going, the government are already looking into cryptocurrency and trying to gain control over it.
If the reset will happen it will not be due to covid.
This "dangerous" virus is infecting thousands of people in Europe every day and there's no panic. They will develop a vaccine sooner than this virus can cause any serious damage and I'd like to remind you that it's mostly old people who are dying. If there's a reset it will be in the politics where old farts who still support communism will no longer be there to vote.
This "dangerous" virus is infecting thousands of people in Europe every day and there's no panic. They will develop a vaccine sooner than this virus can cause any serious damage and I'd like to remind you that it's mostly old people who are dying. If there's a reset it will be in the politics where old farts who still support communism will no longer be there to vote.
Crypto can be our hope towards sustainability of our necessities to survive. It is not that easy to earn cryptocurrency if you are scared and ignorant about it but this is the way for you to become still during the Great Reset. This crypto can be our aspiration during dark times, so trust crypto on what can it do to your life especially during struggles. It is really beneficial if you know how to utilize, control, and store it. As long as you're doing your best to manipulate it properly you will probably have some funds while you are staying at home following the rules and regulation during this pandemic. Just do a research and then invest.
As far as I can see this pandemic gives a lot of trouble in many peoples lives and most of businesses are shutdown and it affects many peoples. Now most of the workers are working at home through internet and the system of transaction is cashless that's why the role of crypto during this pandemic has a big role, hopefully more people will see the brightside of it.
These cryptocurrencies will be our backup and financial source during this pandemic and I know that this investments are really worth it.
Although some people are still doubting bitcoin, I believe that it can change and help a lot of lives. I'm really not a type of people who are always doing digital transaction in a common way like buying goods and etc, but this is one of the advantages of crypto, to do a cashless transaction during this crisis.
Crypto has the modern Gold that is being used in the market with the application of advance technology, it is called bitcoin, which we use as an asset.
"The global economic transformation now faces the main question: What to choose — centralization or decentralization?" What is 'The Great Reset' you might ask?
This topic can be very sensitive, but it's something that needs to be thrown at your face sometimes. We are still and will continue to be in an economic recession for god knows how long. Will crypto be the solution? Maybe for part of it...
Raoul Milhado produced a hell of an article that outlines what the world can look like in the coming months. He takes note of the WEF (World Economic Forum) making an impartial statement about a need for urgency for "global stakeholders" aka one-percenters to manage the outcomes of what is called "The Great Lockdown" <-- (SERIOUSLY READ THIS) His article can be found here: https://cointelegraph.com/news/what-role-will-crypto-play-during-the-great-reset
This 'lockdown' we have entered could be known as a cover to remake the world. The cost COVID-19 pandemic has surpassed every single epidemic/pandemic the world has ever seen. We've seen industries shift 90 degrees and take a bullet to the head but we have also seen industries flourish from the ground up, resulting in a new wave of entrepreneurs and people finally looking out for themselves. Don't forget to mention the current curriculum is dying as they aren't teaching what is hot like "How to Tik-Tok" or "OnlyFans 101." Even though it may be frowned upon, we're all adults and need to be faced with the truth behind reality whether it sucks or not.
Either way, it's nice to see crypto have a resurgence in the past months as an alternative to traditional finance and business. My dad, a blue-collar worker that will rely on his retirement is FINALLY reaching back out to explore investment opportunities in Bitcoin...
What are you hoping to get out of this 'Great Reset?' Are you adapting? Because at this point, whether the industry, it is evolving to something similar to The Hunger Games or even the survival of the fittest.
Don't forget to smash that poll button with your vote because it's important to me and it's provocative; it gets the people going!!!
This topic can be very sensitive, but it's something that needs to be thrown at your face sometimes. We are still and will continue to be in an economic recession for god knows how long. Will crypto be the solution? Maybe for part of it...
Raoul Milhado produced a hell of an article that outlines what the world can look like in the coming months. He takes note of the WEF (World Economic Forum) making an impartial statement about a need for urgency for "global stakeholders" aka one-percenters to manage the outcomes of what is called "The Great Lockdown" <-- (SERIOUSLY READ THIS) His article can be found here: https://cointelegraph.com/news/what-role-will-crypto-play-during-the-great-reset
This 'lockdown' we have entered could be known as a cover to remake the world. The cost COVID-19 pandemic has surpassed every single epidemic/pandemic the world has ever seen. We've seen industries shift 90 degrees and take a bullet to the head but we have also seen industries flourish from the ground up, resulting in a new wave of entrepreneurs and people finally looking out for themselves. Don't forget to mention the current curriculum is dying as they aren't teaching what is hot like "How to Tik-Tok" or "OnlyFans 101." Even though it may be frowned upon, we're all adults and need to be faced with the truth behind reality whether it sucks or not.
Either way, it's nice to see crypto have a resurgence in the past months as an alternative to traditional finance and business. My dad, a blue-collar worker that will rely on his retirement is FINALLY reaching back out to explore investment opportunities in Bitcoin...
What are you hoping to get out of this 'Great Reset?' Are you adapting? Because at this point, whether the industry, it is evolving to something similar to The Hunger Games or even the survival of the fittest.
Don't forget to smash that poll button with your vote because it's important to me and it's provocative; it gets the people going!!!
This is a bunch of fluff. There's no solution crypto offers for the pandemic. The problem is a lack of economic activity caused by the need to stop or slow the spread of a the virus. Economic activity itself spreads the virus because the movement of people is what spreads the infection. Until there's a vaccine, the world will have reduced economic activity as people seek to limit their exposure. There's absolutely nothing crypto can do to solve or alleviate that.
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