So, a few minutes ago I received this message in my mailbox. Apparently Binance was forced to suspend EUR deposits via bank transfer for the foreseeable future, and while the establishment's narrative for this pathetic attack on cryptocurrencies is that it takes place in the name of ''safety'', it sure serves as an indicator that they are terrified by the potential of the crypto space. More and more money keeps flowing out of their claws and into the crypto industry.
Binance has been a reliable fiat gate for years now, and one that I've been using on a regular basis as of late, so it goes without saying that I do not appreciate this kind of bullshit. However, to be fair, I can still pour fiat money into my favourite assets using a credit or debit card, but it's only a matter of time until they decide to block those payment methods as well. I can see it coming.
Now, the truth is that I'm sick of this centralized monetary system that makes the rules and breaks them at will, but at the same time this brought a smile to my face. These pathetic leeches are desperate; they can see their end approaching at a high pace. Crypto is already a major pain in the asses of the warmongering elites controlling entire countries by buying puppet politicians and giving them orders 24/7.
However, I can't stress enough how infuriating it feels to be told what I can or what I can't do with my own freaking money. By those issuing said money. Money they create out of thin air and hand out at an interest rate. Money that creates debt out of nothing and induces the need for the creation of more debt for the initial debt to be paid. This shit is pathetic, but it's the best system we had managed to come up with. Until crypto became a thing that is.
As Andreas Antonopoulos said, money is one of the earliest forms of technology created by humans, and we still use it to this day. From goods to precious metals, and then to paper, plastic and digital money combined with precious metals. We now have network money; it's all about precious bits of data circulating in public, permissionless blockchains. It's the new thing, and it's here to stay. Whether these scumbags like it or not.
Will be interesting to see how this situation plays out, and what these fossils running the world will come up with in order to stop the dynamic growth of the cryptocurrency industry. The people are finally waking up, opting out of this obsolete system living war to war. The clowns in charge are no good for the future of humanity and the planet itself, but fear not, as we have created unsolvable mathematical problems to ensure they will get what they deserve.
The world is now changing rapidly, and technology feels like it's accelerating. We are living in exponential times, and everything is possible through effective cooperation. The world is craving freedom, and there's nothing stopping us from getting there. Grab popcorn, sit tight, HODL your crypto and watch all those power-hungry sociopaths run around like cockroaches in an effort to save what can be saved. Spoiler alert: they will end up grinding water.
Alright guys, that's it for now. Thank you for taking the time to read these lines.
Just my two cents. This is by no means financial advice. Just sharing my personal views and experiences. Please do not take my word for your investment choices, and always do your own research.
Stay safe and have a good one,
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