To go with the flow.

Just like money, that is issued by banks, they can be used as a currency.

Some are pretty stable

The Banking Monetary Governance {BMG} system has a hard time defining Cryptos. Yet, at the moment of writing it is considered unimportant by the big money players in the realm of the BMG. The usual desinformation is being spread of course, generalising all Cryptos. Even while research has shown that banks and their issued money are still the winners when it comes to corruption. And it is hard to hide transactions of value when using Cryptos like Bitcoin, it is, after all, an open ledger. All transactions done on Blockchains like Litecoin, Vertcoin, Digitbyte and Dogecoin can be traced all the way back to the first time they got mined into excistence. Blockchains like those of Bitshares and Steem are even more transparant. Therefore a lot of Blockchains out there are totally unfit for doing secret covert and/ or obescure transactions. Every transaction done on any of these public ledgers can be traced in any direction.

Entities that thrive on being active in the dark and obscure realm are most unlikely to use open public ledgers for their covert activities. Still it is stated, over and over again, that Cryptos like Bitcoin are being used by entities that are basicly considered to be a threat to humanity. It is part of the constant spreading of Fear, Uncertainty and Doubt {FUD} by anything that can be considered the so called mainstream. First Cryptos got ignored by banks, governments, multinationals and mainstream media. Then they got ridiculed systematically and now Cryptos are under attack, almost constantly, on a weekly base. Some central banks try to stop Cryptos from being used as currencies. Politicians spreading fear and calling out for a ban on Cryptos. Which seems like they do not understand what decentralization actually means. But it does scare some newbies out right away and seems to prevent new investors from entering the Cryptos realm. And yes, the market cap took hit after hit, yet still has gained about 1268 percent in a years time.

Another statement made by some in the BMG {Banking Monetary Governance} system realm is that Cryptos are extremely volatile. So the people have to be protected against that and this has to be done through governance. Sure, of course, it is a kind of weird though, coming from the mouth of bankers. Are they going to lobby for regulation of the stock-market in that same way? It is almost too ironic to even think about that one. Thing is, banks are unable to centrally control Cryptos, except for Ripple {XRP} maybe, which is owned by a private company. Yet, the biggest value of the Cryptos market comes from free decentralized open and transparant public ledgers. And at one point they can function without money, as issued by the banks. No matter if it is digital and/ or cash. That is the part where Cryptos have created an alternative decentralized liberty system for all of human kind. In effect meaning game over for the thousands of years of reign of the Banking Monetary Governance system. All those who were rich in money, issued by banks, will be broke instantly. Now that conclussion must have crossed some minds in that realm and scared the shait out off them. So, the final stage for them? Attack Cryptos on all possible levels and by all means, or so it seems.

Build in devaluation

Cryptos are unstable in value, therefore can not be used as a currency? A director of a so called central bank claims that to be able to function as a currency it has to be stable in value. Now that is weird, nobody did protect us against the banking debt crisis of 2008, the banks did not help us, we even had to safe them from falling over. Why? Well, their friends, the governments, told us to do so. Pay taxes, more and more, new ones, more and more and as a thank you we got into an economical crisis, caused by the banks and their money system. Money, issued by the banks, is no way near stable by the way. How would you notice this? Well, maybe you did hear this one before: "Everything is becoming more expensive every year." Or this one: "At the end of the month I'm out of cash, but still have bills to pay." And maybe you do know some more of those. But basicly it is the effect of a build in error in money, as issued by banks. Now maybe I will bother you with the cause of that another time, but, so you already know, it is called: Fractional Reserve Banking {FRB}...

The effect is that money is losing intrensic value constantly, that is called devaluation. Now, be aware, in the so called mainstream media there is talk about things like inflation and how we need economical growth to counter it. And then a lot of people start to copy-paste it, or parrot it to everybody who wants to hear it. Just to have you and me belief that it is perfectly normal that everything becomes more expensive every year. Cuts have to be made, or one just has to work harder, more hours and so on. But hey, why are bankers and directors getting bigger rewards? We are talking millions per person. Well, that way they will keep their mouth shut about this whole banking money scam, I guess. Do people get enough compensation to deal with the constant devaluation? No way, because it is stated that this will harm the economical growth if everybody got more income. Crazy thing even, taxes go up all the time and new ones are constanly invented. The claim that money, issued by banks, is stable, is a plain bleeding lie. It loses spendable value very rapidly. While those who are in on the game get extremely well compensated.

But who cares anyway...

There are Cryptos on Blockchains, like Bitshares, who's value is connected to that of a counterpart in the analogue realm. This is not only the case for money, as issued by banks, like the US Dollar, or Euro, but also for Gold and Silver. The adjunt digital counterparts are known as bitUSD, bitEURO, bitSilver and bitGold. With these pegged Smartcoin assets it very well possible to use a stable, but rapidly devaluating, currency in the money realm, as controlled by the banks. There is even a Point Of Sale {POS} system (Android) application to use it. Just like a Smartcoins Wallet with which you can use all the pegged Smartoins, like bitCNY, for instance. They can be used, as a currency, just like money, as issued by banks. And the value is about the same, although be warned that money, as issued by banks, has rapid devaluation build in. But the fact remains that Cryptos can be used for value transportation where it is closely related to its money counterpart. And if it can flow, it is probably a current and that means Cryptos are far from staticly fixed.

On a balance sheet Cryptos would not be categorized under Fixed Assets {FA}, but they would be in the Current Assets {CA} part. And so let me release the cat out of the bag here to suggest a category that might suit Cryptos very well, being known as: Current Asset Tokens {CAT}. They can be like currencies, think bitUSD, bitEURO and bitCNY. But they can also be like holding and trading stock. And those are probably more of the volatile kind. Where there maybe will be derivatives, binary options and all kinds of speculations possible also. The risk with these are for the one investing in them, just like on the stockmarket. Where I did lose quite a lot due to the banking crisis of 2008, but nobody is going to refund my loses. It is very simple the way I see it. With that investement I took a big risk at a time where it seemed like there was no limit to growth. Yet the bigger the possible gain, the higher the risk of losing a lot too. And it is the same with investing in Cryptos who's value is decided by the market. Where ever there is a pump, there is a risk of a dump and the bigger the gain, the higher the risk. It is really that simple.

Cryptos can be all

There is a kind of Crypto to replace all counterparts in the Banking Monetary Governance system. Some will be pegged to the value of money, as issued by the banks. And they are more like Current Asset Tokens {CAT} that can be used very well as a currency, despite of what some some bankers might state. But they are dishonest about the volatile value of their own money, caused by devaluation, so do not expect them to tell a lot of total truths. They mainly want to keep their business under their central control, supported by governments, multi-nationals and mainstream media. Yet, there are alternatives for humanity, in the form of decentralized liberty Cryptos for the people. All of them falling in the balance sheet category of Current Assets {CA}. And all Cryptos can be used as some form of currency, as they stream value from one virtual digital location to another. And some already can be used just like money, as issued by banks, as they are pegged in value to their counterpart currencies.

It might be a good idea for the Cryptos realm to make it more clear to the outside world how things work. That one Crypto is not like any other. That they all have their own unique use. And maybe also stop using confusing terms like Alts. It is better to be the hammer than the nail, I think. So taking innitiatives in defining what Cryptos are, what different kinds that excist and so on, could be the best way forward. Not to get tricked into battles with the Banking Monetary Governance system, but to go for offering the better alternative to all of humanity. And one important part of that is to educate and explain. Make it the best and easiest to use alterative. Just like 3-2-1 done. And by the way, remember to only invest in Cryptos what you are willing and able to lose.

May the Cryptos be with us!

Current Asset Tokens can be pegged their money counterparts

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