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RE: Crypto Mass Adoption and a Peaceful and Abundant World

in ART LOVERS5 years ago

Thanks for commenting Victor.

Personally I think the fact that fiat currencies are backed by governments and banks is not a good point. Basically they steal our fiat money by vastly inflating it (reducing the value) by printing (or pushing a button on a computer) whenever they wish, and by paying themselves fat cat salaries, even when the banks fail, although when they fail (due to stealing too much of our money) the governments just print (or press a button on a computer) more money to bail out the bank (so the fat cat bankers can continue to receiving multi-million dollar salaries and bonuses). All paid for by the common people by the decreasing value if the fiat currencies.

So yeah, they will be gone soon :-)

And as for taxes, they use them to bomb our brothers and sisters so I'm happy that cryptos are difficult to tax. A revolution is coming, and Matrix-8 Platform will enable us the common people to organise ourselves better than the powers that shouldn't be, creating and using alternate equitable systems, so the corrupt banks with their corrupt fiat currencies and the corrupt murdering governments will no longer be needed.

Rant over

Peace and Love always
Atma