Someone on another website asked me about my views on the Economy. I thought that I'd share it with you all on here and so it is!
The economy. Such a big topic...where to start? How about here: It's doomed!
Whether we are talking about the U.S. economy or the global economy, the facts are the same; both are built on unsustainable principles. Both require constant expansion in order to continue. And both are in a constant cycle of boom and bust. How do they achieve this? By enslaving the masses, and nations, in debt. All fiat currencies- the basis of all local, and therefore the world's economic system- are created by subjecting others into debt.
Debt is associated with guilt and shame. By placing the vast majority of the world's population into debt, the entire vibration of the planet is being lowered. We are literally being kept down by the man!
So what is an enlightened being to do? Invest in Bitcoin and other cryptocoins, of course! The energy behind the creation of these Cryptocurrencies is the complete opposite of that of fiat currencies.
Most people involved in these emerging markets are community minded and are very free with sharing of information. Unlike traditional investing, where your broker takes a cut whether you gain or lose, most people involved with cryptos will tell you to 'pay it forward'. Entering the world of cryptocoins can be intimidating, it is often accomplished by being introduced by a friend. One who understands, has been there, and is willing to help you get your feet wet. The currencies themselves are often started by crowdsourcing, through what are known as ICOs, and are based on the strength of the network. These are decentralized networks. Cryptocurrencies can't just be printed up in unlimited numbers like fiat currencies. Their volume is predetermined, and limited by the network. And of course, the network is ultra secure, that is the main selling point, and this is why the world's largest banks are investing hundreds of millions of dollars investigating how to implement this technology for themselves. The banks are trying to remain relevant in a world that's about to figure out that we don't need them!
So back to the economy... yeah, it's doomed, but the good news is, that it's replacement is in beta testing!
