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RE: An open letter of thanks to central bankers for creating the world's shittiest currencies
For months friends/family have been telling me to take my money out of crypto. Why? So what I've earned can immediately start losing value?
No thank you!
A little too late cus they've come up with a new plan and it is working for them. Do you wanna know what's the new plan?
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Ripple
Godammit!!! and "we" still fell into their trap again!!!.
There's no patch for human stupidity
That's right enolife. Ripple is not decentralized. It is not mined, but the company has full control over it and they can release up to 1 billion coins per month. Ripple is getting all the attention just because companies like Santander (SANPRA), Bank of America (BAC) and UBS (UBS) are using it.
Looks like gov and huge organizations are getting closer in controlling the crypto market.
Here's to hoping that situation corrects itself once new investors have a better understanding of the crypto market place, and why it makes no sense to get into crypto only to give your money right back to a centralized institution.
They must not know. Crypto is the way to go. Before long paper money will be gone. Most people don't understand that most money is already digital money. In America only ten percent of are money is in actual paper money. Trillions of dollars is already digital. People just can't grasp it. People who have used cash all their life. But use a card still don't get that all they do is push a button or swip when they use their card and digital money is transferred. Also a lot of people don't understand that a lot of these coins and tokens are more of an investment into these companies more than they are actual currencies that people can use day to day. Although several are and will be actual currencies like Bitcoin ethereum,Litecoin,Verge,and so on but if people only knew how their dollars could multiple over night with a little homework and the right investment. I started with a $100 and have absolutely killed it and found my future hiding in cryptos and block chain investments. Hope more people wake up before they miss the train.
Thanks, this will be my excuse from now on. I don't want my money depreciation rate subject to a bank or a government's whim.
I don't even want to take my initial investment out despite everyone telling me I should... I'd only end up spending it on crap I don't need so if I lose it ¯_(ツ)_/¯
Hell yeah . Absolutely I haven't taken mine out and won't. My job pays me paper. Then I flip all I can afford over to Bitcoin and so on nothing like seeing the extra $100 I can afford here and there double and triple and more sometimes. It's crazy to leave your money on a worthless peice of paper not even backed by our government backed by some evil people in a chamber somewhere plotting on our next recession or depression.