U.S. Credit Default Or Kick the Can?

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Is doing the same thing over and over again the true definition of insanity? Well, from the actions that are currently going on within the legacy system it would appear to be so. There are so many moving pieces occurring that it could make your head spin. Yet, here we are yet again with a potential US Sovereign credit risk event.

However, I don’t see a US credit default. Although, kicking the can down the road solves very little as it pertains to the banker/politician created debt. Instead, it creates more of the same economy of rising food prices and bridges to nowhere. And like it or not the people will have very little to say as it relates to these events.

Even a potential reset/reorganization of the debt based monetary system may go unnoticed by many Americans. Instead, the event may occur on a Sunday night when no one is looking. Or perhaps on a holiday when no one is paying attention. And most of the people will not be asked of their opinion.

So much for democracy. Now more then ever blockchain can protect wealth and future purchasing power against these type of mechanisms. These monetary moves will occur regardless of what the average person thinks. This at it’s core is the most sinister aspect of the legacy system.

Many of these decisions over the next few years will impact the lives of millions. Yet, these moves will be put in motion by a select few people. Sadly, this will occur regardless of what you think. Again, the importance of blockchain will be revealed as these matters play out.

All of this has been tried before. It didn’t work then and it won’t work now. New financial ideas are needed now more then ever. Blockchain technology has the potential to provide for every living person on planet earth.

And it will be done regardless of what the media says or what some billionaire thinks. Frankly, the kings of the legacy system could care less about blockchain. They like things the way the are; them on top and us on the bottom. But you can work in one of their factories for $16 hr though.

Enough to get by but not enough to thrive. Well, I for one can see the writing on the wall. Many people believe that there is only one financial system. Well, now with blockchain there are many. All it takes is a little understanding.

As the financial storms continue to rage just remember we all have a choice. Free will is a powerful thing if you use it correctly. Freedom is also a priceless gift that many in our society take for granted. You really don’t understand how priceless it is until it is lost.

Now I can’t see the future but I do know everything is wrong with the legacy system. I can see these issues with my own eyes as it relates to my own financial situation. The lopsided wealth distribution will soon be revealed for all to see. Fairness in the legacy system no longer exists.

A college degree used to mean something back in the 90’s. Nowadays I’m seeing college grads making very little in hourly wage. This at it’s core is a disgrace. Yet, this is the new reality created for us all by the legacy puppet masters.

So, another trend I see on the horizon is the great opt out of the legacy system. Once blockchain reaches it’s true purpose we may see many of these college graduates seeking a better way. Fair compensation without the middle men rent seekers will onboard them in droves. And why not?

Is it fair that the previous generation pissed away their inheritance on endless wars and bridges to nowhere? Or saddled them with endless student loan debt for degrees that are now worthless? It’s a sad state but this is the reality that currently exists for them.

This will be a tough pill for most to swallow. Looking for equitable work is now a full time job for most. Although the power brokers will argue that there are plenty of jobs available. Yet, the majority of these jobs cannot sustain a family. Unless, of course you want to live in your mother’s basement.

And I hate to be a bearer of bad news but the legacy people will not fix this. This problem of fair income distribution will not be solved by raising the minimum wage since prices will rise accordingly. Not to mention these jobs will eventually become automated.

So, blockchain will now become the solution. The primary goal should be to increase income for all people. And to allow anyone to start with nothing and build it into something. People like to know that their efforts are rewarded accordingly.

This blockchain journey will reach it’s apex once bitcoin reaches new heights. However, we must not lose focus on the true purpose of blockchain. To prosperous all people in every nation.

U.S. Credit Default Or Kick the Can? | Ecency