The Bright Future of Crypto

• Author: Chris Remington
• Posted: 2024-08-01

It doesn't really matter if you're a huge fan of alternative economic styles and if you have everything Karl Marx ever penned on a shelf in your bedroom. The fact of the matter is that everyone shares a western society where capital counts for a lot. The vast majority of human beings are going to enter the workforce as adults and trade their labor for rent and food, barely getting by, and nothing is going to change about that. .

Even the famous politicians in America who constantly cry out for socialism are entirely funded by huge corporations. This is no secret, and this is no attempt to choose political sides. It is merely a fact that for all of his whinging about needing Democratic Socialism, Senator Bernie Sanders has three homes, millions of dollars in net worth, and his campaigns are funded entirely by large banks and corporations like Ben & Jerry's. .

This dose of reality is one of the main things that made cryptocurrencies so dominant in recent years in terms of personal investing and the demand to get away from government regulated fiat currency.

Everyone pretty much understands that the little bit of capital someone accrues during their viable working years isn't nearly enough to carry them throughout their lives. .

With the average person living to 85 but retiring at 65, there are two more decades to worry about. Personal investing is how people plan on maintaining a comfortable lifestyle after they're finished working. And for people who wisely invest in their youth, they get to retire from that workforce a whole lot sooner and withdraw from an unfair system that abuses their labor for pennies. .

Crypto is looking more and more like the only way to go, and the future thus far is looking very bright.

New Currencies, Same Demand

One of the things that is carrying crypto to unimaginable heights is the fact that more and more are popping up to meet the demands of the basic consumers..

You have to understand that, first and foremost, beyond anything printed by governments, the idea of a 'currency' is just a unit of trade that separate parties have agreed carries a value. .

Whether that value is static or changing, the point is that the medium is the currency historically, and that's how people have operated. To this end, things like salt, nutmeg, animal pelts, and most famously gold have all been used as some type of currency. It wasn't until a few decades ago that America decided to ditch its gold standard and get involved with centralized global banking that a thing like 'inflation' was even thought of.

In 1950 America, with the USD (Dollar) backed by gold, $1 was worth $1 - a static, agreed-upon, tangible medium of exchange. However, after centralized global banks got a hold of America's currency, that $1 is worth only 15 cents today in comparison. A dollar, being a flat 100, is worth only 15% of its value thanks to globalists and greed-mongers more concerned with stealing as much wealth as they could possibly hoard, on the backs of normal people. .

Crypto, of course, is far more like those old nutmeg buds as a medium of exchange, even though they're digital. They're not regulated at all by the government. Any government. They exist based on the supply and demand principles of the people who trade in crypto.

So no matter how many more of these currencies pop up, they're going to either succeed or fail based on the demand and interest of the regular people buying, selling and trading the currency. .

Mega wealthy people like Elon Musk getting in and trying to hoard billions of dollars of crypto is not tilting the market in his favor. In fact, the more that the rich and powerful try to interfere with crypto, the more these digital currencies are in demand, so the more money investors are making

Unregulated is Appealing

Having an unregulated medium of exchange is very appealing for personal crypto investors. Not because people are trying to evade taxes, and not because they're trying to withdraw from society and go live in a cabin. Rather, the government itself cannot step in and create a bunch of new digital currencies from nothing, just to do it, and so the government has zero effect on the price of these coins and currencies. .

This is why Bitcoin is so strong, and it's why new players on the field like Atbash Protocol threaten to render paper currency utter worthless.

If you're interested in personal investing, there is nothing stronger now than crypto.