Crypto World, it is Time for Lobbying
Hi, Dear Steemian Friends. I am sure all of you have witnessed the week craziness around Bitcoin climb to 10 000 $ and it remains Bullish at the moment. What amazed me the most is not the climb of Bitcoin but more the steady market cap climb with about 10 to 15 billions $ newly injected on a daily basis. Everybody is happy, me too. But let think about it a little more, where this money is coming from? We can see in most of the world countries that cryptocurrency is now a big subject in the mainstream media. So is it the awakening time for the mass to be involved in crypto or is it something else? I am sure more and more people are getting involved or just want to give it a try, we already see it happening since last year at a non-linear frequency with a lot hesitation from the newcomers, investing and dropping at the first bad news or FUD. Today's more and more people are getting involved because of the news going on mainstream but I believe t is only a small amount of the total billions $ newly invested on a daily basis. With this kind of frequency in investment, it is more likely big financial funds get moved into the crypto world. Banks, even the Bankster Jamie Dimon isn't ashamed to say JPMorgan and Chase are now investing in Cryptos when he was calling it a scam only two months ago. Financial institution even insurance is now putting some money into our beloved crypto world and they do it massively and with a Swiss watch frequency. They do have the funds to change our crypto world and make whatever they want. Some of these companies capital are even bigger than today's total market cap of cryptos. What I want to say here is these big companies are getting into the game and originally cryptos were made to avoid these companies and institution for delivering peoples from a centuries-long enslavement. So, I do really wondering what will happen in the future and I do believe all these coins and projects must be ready to fight on the legal field these banks, institutions, and governments. When I look at the crypto world today it is very exciting, many very good projects are heading in the direction of a better world for all of us. But it seems today one big thing is missing a general association of all the project with a strong international legal team to fight every coming battle against the owners of the old system, we really need to organize this like a giant lobby with a lot of influence and power like most of the biggest corporations. All the coming battles can't be fought only with a big group representing all the crypto world and not only coin by coin. I do believe it is more then the time to start to organize the defence of Cryptos and its users with a global legal team, if we don't start to do it we may lose all that cryptos are about "Freedom" and get enslaved once more by the same thugs that have ruined the all-world population for they own interest. So many good projects and coins are today strong in some ways but all have a legal team representing the interest of only the coin or project they're working for. As the mass adoption is coming slowly and as the old system start to step in we do need a big lobby and big team of legal representative for the all crypto world. All our projects are so good that we need to fight for it against the old system. I really don't want to see the crypto world getting in the hands of the Banks or Governments. Or even worst to see the cryptos going underground. It is time to get all together as a strong force and defend our interest against the legal thief. Please try to spread the idea and let's try to organize us as a giant lobby. I really against lobby in general but it is a recognised way to fight decisions of the Governments and other institutions. Time is running fast and the advantage isn't on our side.
New area is beginning ( With Crypto or not ) , thanks @ricko66 nice post
Good work! @rick66.
Could I ask you to structure your work into smaller paragraphs? I get confused about the long sentences and the main points. It would be much easier for reading and getting your messages quicker.
What you are thinking about is a real danger. It may be a bit too late as the big boys have already get onto the scene. The bulk of Bitcoins and other coins are in the hands of a few big bankers. They can play people like a flute in the future. They can vote it up or down in minutes!
You are right in raising people's awareness and they have to be prepared for all kinds of situations. They seek control and manipulation, they have he money, power and tools at their command.
Keep up the good work! Many thanks!
Good luck!
What I want to say in a shorter way is as we see all these billions coming into the crypto world. It is not due to the people but more by Banks and financial institutions. So the future will be a battle of many Governments and Banks against the people tool (crypto). So I believe it is time for all those crypto projects to unite and start a lobby with a strong legal team all around the world, to defend the only thing that can make a little wealth to the mass. Sorry for my long sentence this is my background of French literature. Sure they will manipulate the market and I am sure it already starts. They may push BTC to the highest and drop it in a fast move to buy even cheaper. In cases like that the newcomers get burn right at the beginning of their game. different topic, I want to thank you for your post when talking to Thais about not get into work scam abroad. Very true, I always try to tell the same when I listen to strange story of Thais willing to pay some third parties to go work abroad. Many life have been broken already, it is not the way to get a job in another country. Thank you.
You are absolutely right about the banking cabal already got inside crypto world!
People will get burn alright! The banking cabal has bought many skillful people to build their own blockchain projects.
How do you persuade those brilliant programmers not to work for those bad bankers?
Have you observed the new STeeM logo? Things are changing too fast!
Take care.
Ok, they start to drop already the market cap has lost 40 billion in about an hour. Bitcoin will drop I think nearly 30% even more. The cabal is behind. Hold and your Altcoins as the market will fall. If you have BTC and want to take benefit sell fast and rebuy low. Some people will try to stabilize at 10 000$ but nothing is sure. Anyway make your research before taking actions.
Thank you very much! I have read similar analysis.
I am more into silver at the moment!
Good luck and take care!
Silver is good and undervalues diversity is the best. Regards.
Yes, Steem is now moving to a larger scale, they change the logo because many confusion "people saying I earn some Steemit". Most of the programmers come from the freeware ideology, but sure the billions of the cabal can buy nearly every soul of people who aren't really aware of the truth of this world. China, Canada, and England are already working on a centralized blockchain. China is already testing it in between commercial banks. I really don't want them to win this coming battle. Thank You.
WE will have to wait and see the fight between the white hats and black hats.
Cheers.
good post thanks for shearing
It's a valued content.thanks for sharing with us this rich informations. You are right .i agree with you because the crypto will be fighted by the banks nearly due to their success.
Thank you mr @ricko66