New Money vs Old Money, What Side are You On?

in #bitcoin8 years ago (edited)

The Power of the Blockchain.

"Blockchain is a vast, global distributed ledger of database running on millions of devices and open to anyone, where not just information but anything of value - money, but also titles, deeds, identities, even voted - can be moved, stored and managed securely and privately.

Trust is established through mass collaboration and clever code rather than by powerful intermediaries like governments and banks."

  • Don Tapscott

There is a War Going on Between the Old Money and the New Money.

Every day we wake up we have a decision to make. What system are we going to support? My household has chosen New Money. That includes working for Crypto Currency, using Crypto Currency for our expenses and sharing the news of this New Money.

We really have no use for Old Money. Going into a bank is like stepping back into time. Spending time at a government institution is a great reminder of inefficiency. We are in the process of buying a car and having to deal with all of these Old Money institutions is literally making me a little nuts. I can foresee blockchain companies coming in and taking over most of the mindless jobs using math and coding. We are not too far away from this reality.

Congratulations to all of you who are using crypto currencies in your every day life or have just gotten started using blockchain social media like Steemit. You are literally part of the New Money Revolution!

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Awesome piece as always. Shared on twitter. Stephen

Thank you Stephen!!

It's the new money!

Time to move forward. No stepping back in time, no more looking back! Great post as always! @hilarski

If you get some time, go to my page and read "What's my Story...???" Thanks, Pocket Change...

New money is obviously a lot more volatile right now but I believe it is the future. I still feel safer with old money for the time being

Per this YouTuber, every investment asset is being repriced in terms of cryptocurrencies like bitcoin and the monetary authorities are letting the US Dollar fall, since it represents OLD MONEY that is being phased out.

TVR [#349] 05-17-2017 WHAT TODAYS MARKET SELL OFF REALLY MEANS
Algo Capitalist
May 17, 2017

New money for now, later, moneycide.

I like new money that's why I am here.

Steem on!!!!

everyone is on the same boat here :)

Hi i think nowadays a lot things has change, crytocurrency is a new revolutions, but there are many people out there still not aware of this. For me personally i prefer new money, it is efficient and safe to use. .lol

i like new money like BTC,STEEM,DASH.

Am I a member of TDV? Yes

yea me too...big fan of JB....what do you think abt his alt coin recommendation on SYS?

made a mistake of buying STR instead of SYS for my first attempt at Poloniex....and my portfolio for STR is up 60% and SYS is down ard 5%....

guess we have to learn more from our mistakes.....:))

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