What pushes you to be a crypto user?

View this answer on Musing.io

Principles and chances of monetary gains. 

Fiat currencies are inevitably going to collapse and return to their true value of the pieces of paper they are on and the ink that was used to make them pretty. It has been like that and will always be like that because the ones controlling it have always gone rogue and given out more paper money than what was stored as gold in the vault. 

Many don't even know about this but money, at its origin was a representation of physical gold stored in a vault.  

Meaning, that every piece of paper money banks given out was supposed to  represented its value in real gold, stored in a vault, by the bank. Needless to say, it wasn't long until bank owners went rogue. They quickly realized how they can just give out more paper than they have in gold because no one was regulating them and making sure they have that 1:1 reserve in gold, or not. Even if there was a regulatory body, chances are that they were easily circumvented by bribing officials and other means of corruption/manipulation.

Over time this devalues a currency into nothingness in a process called inflation, or in extreme cases hyperinflation.

Imagine your one dollar bill one day be worth one cent and how big of a bag you would have to carry in order to pay for a loaf of bread with cash.

Let me put that into perspective. 

This is what happens when "funny money" is printed out on a grand scale.  

Following WWI, Germany’s Weimar Republic faced historic debts. Consequently, Germany decided to fire up the printing presses, with a total of 133 printing companies working around the clock. As one would expect, their currency quickly became laughably worthless. In fact, it was used to heat furnaces.  

Note, that it's seemingly the government pulling the strings in such events but they are not. Central banks run the game. They are the boogeyman who is enslaving the world through fiat currencies, fractional reserve banking, inflation, theft (taxes) and many other enslavement schemes. REALIZE, their only purpose is to keep us under water, while they are drinking champagne on the beach. Laughing, enjoying seeing us drown in the cement shoes they put us in.

Another absurdity is fractional reserve banking. It's so absurd that, it should be an oxymoron. 

Banks worldwide are legally performing a well-known scam called fractional reserve banking. It basically gives them the power to give out more money in form of credit, than what they really have available for withdrawal.  

Basically, banks major function is to take money from Joe who has too much of it and gives it to Jane that desperately needs it. Then more unsuspecting sheeple  who don't know how the scam works, fall into the trap. The bank keeps lending out more money until it only has about 10% of what Joe invested.  

During the next 5 years, sheeple will struggle to pay out the debts, chipping away their concrete shoes, while Joe will get   2% interest on his "investment" if he is lucky. The funny thing about this is that it's Joe's own money paying out his interest. That 10% is all that was left after banks lending spree caused by Joe foolishly giving them his money.   

They make everyone who is desperate enough to take a loan from them into their little coal mine worker. Grinding away, conforming to the system to pay out some made up money.

Another 5 years go by and some sheeple can't pay up, so they lose everything,  Joe get's his 2% APR. 

How does this not sound exactly like, or even worse than bitconnect? I mean, cmmon. What's going on? How is only such a minuscule amount of people aware of this?

> Banks rake in trillions on a legal fraud, sheeple are impoverished. 

Tragicomically enough, if the banks were ever to ever run out of money, same goes for countries, they will like always,  try to bail themselves out by firing up the printing presses, again. Of course, like always, this will always be on the expense of the unsuspecting sheeple. 

 

> If this doesn't make you in the least bit mad, and I'm not awakening your inner anarchist, then you truly are a though nut to crack. Nevertheless, I have bigger hammers. 

Such "collapses" which I will from now on refer to as drownings because they are deliberately MANUFACTURED by the Central banks to literally flush out unprepared NPC's of a certain country, have occurred many times throughout history. For some reason,  your everyday Joe's and Jane's can't understand this. That's at least 70% of the entire human population, in my opinion.

Periods of such massive hyperinflation annihilating fiat currencies are inevitably going to happen on a grand scale. Presumably with the USD taking a leap down the cliff, pulling many other fiat currencies tied to it, down with it. All the way back to their true value of 0.

When that finally happens, and trust me it will. It's just a matter of time when that bubble will burst on a global scale.  It could be rather soon and anyone caught not owning any crypto, or precious metals, will have to live through some unimaginable hardships to survive. 

Those who will have crypto and precious metals will not see their money fade away into nothingness, but will rather appreciate in value over time.

That's one of the reasons I like to HODL crypto. Others include: 

1. I like owning the little money I have. With crypto unlike when it's in the bank, I don't own it, the bank does
2. I can see where the world is heading to in the future. Everthing is going to be tokenized, every activity will be incentivized, companies will pay for our attention and the entire world will be running on the blockchain.
3. I hate being extorted by my own government (taxes). Crypto allows me to easily circumvent them.
4. I can transfer value to any part of the world, for free and almost instantly. Compared to 10% fees Western Union takes and how long it takes them to make the transaction visible on the receiving  end, crypto is 10x better than what the legacy system has to offer.
5. Crypto, Steem to be exact, gives me the opportunity to earn passive income unlike anything a bank, or a hedge fund can offer. Interest rates in Croatia are around 2%. Some countries have it higher than others but, there are some where interest rates are NEGATIVE! So, basically they expect people to lend them money so that they can rake in profits by investing it and instead of giving their investors a part of that profit, countries with negative interest rates  charge that service a couple percent per year. That's so absurd, I hope I don't have to explain why. Now compare that to Steem where  I can easily make 15% APR.
6.  Decentralization is the future of business, and quite frankly, everthing. Anything that can be decentralized will be as such they are more efficient and cost less to run and maintain than their centrlized counterparts. I want to own a piece of the future and IMO, Steem is going to play a crucial role in it. 

 I could go on about this forever and this post is already getting too long so I'll end it right here.

Those are just some of my thoughts when it comes to the reasons  why I'm into crypto and why I think it is definitely here to stay and take over in the next 5 to 10 years. We are at the beginning of the most radicalshift in human history. For the first time we can transact with each other without having to necessarily trust each other. The blockchain does the middleman work for us, for free! 

This can either save us from the grips of Central banks and the soon to be crashing monetary system, or it can further enslave us if they manage to take over and popularize some of their own, private blockchains. 

Either way, blockchain technology and cryptocurrencies are the future. This is the direction in which the world is going. Our next big step as humanity. 

Tokenize and incentivize every activity, decentralize the world.