Why government and big bank are afraid of cryptocurrency.
Currency which is not private to it’s own holder shouldn’t be used this is my opinion. What I want to tell everyone is the fact that the currency which we are using is not for people welfare it is used by government of every country to keep eye on their citizen and control them by manipulating the currency production rate, increasing or decreasing tax or interest rate. This is not it big bank of every country who have largest user base manipulate the government according to their will so they can make as much profit they can and government support them because at they end they will also get something. They are trying to twist the reality and want to prove that government own all money and after doing all this kind of twist and breaking the system they say it is democratic government but they forget basic definition of democracy which say “Democracy is government of the people, by the people, for the people.” According to this we hold the government and we should own the currency.
Technology which is disrupting every field of industry, it’s like soul reaper knocking everyone door and when they open it he take their soul. But when technology knock the door of currency, government and banks start to panicking and start spreading the rumors like cryptocurrency is fake, will not survive for long time, it’s fraud, blla-blla and many more stupid things. The main reason of the panicking is removable of control from currency and at the end of the day from people. They will become powerless they can’t collect taxes, bank will not get interest rates and every single human have power to use their money, without giving a part of what they earn to government for no reason. No one can track you, no one can block your account. The biggest fear of every powerful system is their peoples freedom if they start feeling free to do any things they stop following redundant rules made by system (vice-versa) and then system collapse this is what every time happens, when people stop following rules made by country who occupied their country they got freedom, when they stop following their dictators rules he is dethroned, this time also he have to do the same the get the freedom.
We have to do it because at the end of the day economy is one of the biggest factor which matter, from small service men/women to the MNC CEO the money is biggest factor which matter, from the poorest of the world to richest person finance is what they want to maintain, if the currency itself is controlled by someone else then how should anyone make their house or company finance as they want to.
Now it’s our responsibility to take over the ownership of currency from government to on your own.
