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RE: Amazon enters blockchain space! ...build builds on Ethereum?
It's pretty much just a cringe moment to me. Ethereum is like BTC. It's old prototype news. Amazon has thin profit margins and the only real advantage they have is money. But the few billions of EOS should be sufficient for that too. There are also other project trying to ake smart contracts accessible for everyone like Metaverse. The only way I see Amazon being a big deal is through hashgraph technology which is the best suited DLT for the company at the moment.
Mike Maloney is a legend in the fight against the fiat system. There is not one video in his series of Hidden Secrets of Money I have not watched but I am starting to think that there is more to the world financial system than pure numbers. Those who control the human mind have the power to shape reality into any form no matter what the numbers might say.
Even Mike says its's all a Smoke and Mirrors game. :)
I actually realized that the entire economy is just a game even before I got into studying it. Economy is a pretty much like any game you play. It's not something real. Things are given values by people and they are exchanged. The point is to make the game deliver greatest consequences. Played in the commie way things start to suck for everybody. When people understand that the values are subjective and money/wealth are simply about production, consumption and saving the difference; economic activities can produce great results. Why? In such a world people are just trying to get the best for them using economic activities as sort of a platform. There won't be any importance given to economy other than treating it like a tool/platform/medium.
In modern days "Economy" is considered a big deal as it is some unfathomable existence like a Lovercraftian monster/god. We could see this in the BTC community. Instead of treating it a tool and becoming the master, some started to worship it as some divine entity created by the patron saint Satoshi Nakamoto. All hope of usable functional currency got lost. What's happening to BTC is pretty much what happened to "Economy".
I always walk around telling people that I want to break this game. You know, like in a video game you always get a glitch in the game or something the coders did not anticipate and once you figure that out you are unstoppable (breaking the game).
I wrote a post on one of these tricks which I figured out while buying a house. I will do the same for buying a car one of these days. I am still young and will definitely learn a lot more going forward.
Probably the best game breaker out there (that I know of) if the Dollar Vigilante and I found his interview on not paying tax most interesting.
We should actually start a website with tips like this for every country and f#%k these banks and big corporations.
I read your post. It was really good. I'm also pretty young and barely starting. You might also like http://nomadcapitalist.com Ieven wrote a post about them here.
There is a saying that Capitalism breaths through loopholes. But all greatness involves some shortcuts/loopholes etc. Human progress and evolution is all about flipping he script and re-creating the world to your own liking. That was the case with fire, housing, farming and even blockchain and hashgraph.