Cryptos Have People Crying
After that wild ride up, it was a pretty steep downhill run later. For awhile now, it seems all Cryptos have found there value in a trading range. I like to think that's good thing. When more and more folks use something, the wild wild west movements aren't there as often.
You getting pissed off at how some of the big tech people treat you? Well competiton is growing, and there's been some for awhile.. Here's one you might like to try.. www.steemit.com
Steemit has it's own crypto currency and like most, has been at a consistant price, but lower than what the community would like to see. I'll leave it up to those with interest to go check Steemit out. Want an economic reason to look into it? I predict you'll like what you see.
So I think this ebb and flow is the world getting used to having a new technology they can actually use to live their lives. A technology that is at the gates to showing everyone there can be a life off the U.S. Dollar grid. This is bigger than SteemIt.
But for Steemit people, the idea should be to do as much commerce within the Steem Community as possible. Literally, meaning stuff you need. Theroetically, we could use Steemit dollars in every manner that we now use Fiat money ( Shout out to Zainenn :) ). This will be a Revolution for the good,
So all Crypto are ebbing. There's No real reason to pile in.
When do Cryptos move to a higher plateau? When Americans feel the noose of Progressive Socialism from the Democrats tightening around their necks. Right now, Americans don't see that happening , as America moves back towards free markets & much less interference in our lives by government at all levels.
But that's not to say it's not relevent now. When you start thinking about doing everything on a different economic platform, should you be paying taxes on those services that you're buying on the new platform?? We're gonna run into duplications.
We should be entitled to tax credits for those dupllications, should'nt we? Here's a system that competes with the dollar based system, the system that supports lots of big spending politicians ,and I think lot's of folks feel driven to look at something that could reign that in.
So you see, Crypto is a direct threat, direct competition to those who want to consolidate power in a ruling class, and today, that's the Progressive Socialist Democrat.
Posted from my blog with SteemPress : http://www.libertylightbrigade.com/cryptos-have-people-crying/