Things are moving very quickly. Since the outbreak of the coronavirus, the entire world changed. There is a new "normal", unfortunately we do not know what that is.
One thing we can be sure of is that politicians live by a simple code: never let a crisis go to waste.
We are already seeing a massive power grab by governments of all sizes. In the state of Massachusetts, walking outside your house without a mask on is now fined to the tune of $300. People all over the world are on lockdown, prevented from working or providing for their families.
A recent study was done in the United States which concluded the average worker lost almost $9,000 thus far due to the corinavirus. Ironically, 20% of those who lost money are still working. They either had their wages cut directly or hours reduced. Either way, less money coming in.
Of course, the governments answer was a massive bailout which gave each individual $1,200. It doesn't take an advanced math degree to see people are running a big deficit.
We are now starting to see some rumblings about certain governments banning private ownership of gold. As absurd as this sounds, it was done in the United States during the 1930s. Some of the discussion is starting to focus upon Europe being the first to move in that direction. The Eurozone has been going down the toilet for more than a decade with no end in site. The ECB is entering the second half of a decade with negative interest rates. Since they are running out of option, there is little left to do but confiscate wealth.
Bill Gates is out advocating everyone be vaccinated and chipped. He already got this idea pushed through in India where millions are being treated like cattle. This film could be coming to a theater near you.
A bill in the United States House of Representatives that provided more "stimulus" had a clause in there where digital cash was proposed. Of course, the digital dollar seems like a great idea until it is realized that it would open all transactions up to government "censoring". As we learned with Facebook and Google, the one who runs the platform can take away any information desired. When that information is an individual's money, it puts one at great risk.
This is the world we are now living in. The coronavirus provided the perfect opportunity for the power brokers to assume more control. Ultimately, this power grab could make the moves after 9-11 look tame in comparison.
Those of us involved in cryptocurrency know that decentralizing our world is vital. As long as we operate on centralized platforms, we are at the mercy of governments and mega corporations. Neither of them have our best interest at heart.
Thus, it is crucial that we see the expansion of decentralized blockchains and cryptocurrencies. If governments start going after an asset such as gold, we will see another path of wealth protection eliminated. Cryptocurrency is vital in the defense of individuals.
Fortunately, as much as they want to attack it, there is little they can do against cryptocurrencies. As we see, they can make all the laws they want, yet if people keep using it, the efforts of the tyrants is for naught. The numbers are simply on the side of the populous.
Recently, it was revealed that, in spite of the two year long bear market, Ethereum wallets have increased significantly.
This is a very optimistic sign. While we do not know how many individuals this accounts for, we can presume there are tens of millions of individuals with at least some Ethereum. Bear in mind this is only one of the thousands of cryptocurrencies out there.
We have no idea how many people are involved in cryptocurrency at this point. However, we can conclude the numbers are growing. If the situations I mentioned keep getting worse, we can expect the numbers to grow at an increasing pace.
The early entrants into cryptocurrency might be those looking for Lambos. We might see the next major push coming from people simply looking to survive. As the "new economy" starts to take over, it is possible that people realize what took place. Such a massive push toward the eradication of freedoms is already waking a few up. Certainly, it is not the masses at this time but the numbers are growing.
Cryptocurrency is a threat to the centralized governments of the world. Their power grab comes at a time when they are becoming less important. As we exercise our rights as "Netizens", the amount of activity spend in the digital realm will only grow. This means people are free to go wherever they desire.
A new world is forming, something governments are ill-equipped to deal with.
The quicker people realize what is at stake, the faster things will change. Development is ongoing, providing options in the digitized world. In this realm, gamification of everything is possible. That is something that does not exist in the physical arena.
Cryptocurrency is vital in this pursuit. The breakthrough that Bitcoin provided was the ability to monetize any peer-to-peer transaction. It is something we overlook now but, when we consider it for a moment, it is huge. Anyone can sent money to another individual without the need of a 3rd party. A little more than a decade ago, that was not really possible.
We could be witnessing desperation from the existing power structure. These people are very intelligent. They know what is taking place and the threat presented. It is likely why they are behaving in such a manner. Desperation can often push people to the edge.
The decentralized movement is capturing the attention of the elite. They realize it is a viable threat, one that they likely cannot stop. All the big guns will be pulled out in an effort to protect their place yet it is slipping away. Another few years of progress within this industry will turn the tide.
Technologies, once they start being accepted, can spread like wildfire. Today, with billions online, the speed of change never was quicker.
We could see a paradigm shift in record time when it comes to money. People might not have an option.
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