I'm not an economist. I'm just a nurse who's fed up with the current money system. That's why I've tried to make this very simple explanation that you're free to use if you want to.

I'm not an economist. I'm just a nurse who's fed up with the current money system. That's why I've tried to make this very simple explanation that you're free to use if you want to. Sorry for my English, it's not my first language. In the beginning, we bartered goods. A box of bananas for a crate of coconuts. We didn't have much material wealth, but we had a high degree of unabated freedom. Then we started using shells, resin and pretty stones as currency. A big conch for a rabbit. Our minds were already being groomed for a monetary system that would be out of our own hands. Next, some king or emperor decided it was a good idea that the crown should have monopoly on currency and the people in power started asserting value unto little pieces of metal. The world still consisted mainly of groups of people who were not being effectively governed. The wheel of time did not stand still. As time went, most of the world moved away from the bartering and towards trading. The little guy stood no chance in the face of the change that was about to happen. States, companies, organizations and corporations squashed the freedom of the little guy in the names of different ideologies that all had one thing in common: The little guy had no say. Granted, economic growth was mainly stimulated by trade facilitated by currencies and bank notes, but economic growth was certainly also stimulated by wars and other horrors. Evidently, growth for the sake of growth was not inherently good. Which brings us to this very moment. The current world economic situation is like a bad quality balloon with really old rubber that can and will tear any moment. Everybody can see the problem of endless inflation backed by nothing but hot air. Everybody can see that the traditional banking system is failing again and again. Still, the people in power fear that the little guy will start using unregulated currencies such as BTC and ETH. Said governments will rather pump endless amounts of fiat into failing banks that promise to behave than return even a tiny bit of freedom to the little guy. We all know that there is a limit to our material wealth - the polluted air, land and ocean is shoving the truth in our faces. Still, governments hold on to a monetary system that promotes the very growth it relies on while inhibiting contentment in the process. The little guy never asked to live in a big house with twice as many screens as people; big corp and governments pushed that agenda. You have already seen what has happened to the banks that didn't behave. Boom. No government bailouts. BTC and ETH represent the most feasible alternatives to traditional trading and financing. BTC is a perfect store of value and ETH can be used for anything a traditional bank can (and much more) while solving the biggest problems by being decentralized and transparent. It's possible and likely that BTC and ETH will be succeeded by or evolve into better alternatives, but for now, they're strong tools in our journey away from the current monetary system. submitted by /u/LrnFaroeseWthBergur [link] [comments]
http://dlvr.it/Skyxfy