Saturday, 30 June 2018

Why do we urgently need a decentralized global peer to peer cash system?

"Permit me to issue and control the money of a nation, and I care not who makes its laws!" - Mayer Amschel Rothschild

And Rothschild was right. Countries such as Venezuela and Zimbabwe used to be wealthy and prosperous, until the corrupt controlled the money supply and used it to enrich themselves. In doing so, they caused their currency to be hyperinflated to the point of being worthless, causing suffering and pain to their millions of citizens. If you think only Venezuela and Zimbabwe keeps printing money non-stop, wait until you learn about what quantitative easing is. There is a massive fiat bubble coming, make no mistake about this. Source: https://www.youtube.com/watch?v=DyV0OfU3-FU

The problem with having a single government is that, it is not a matter of if but when, eventually someone corrupt will take over. And the question becomes, why is my life less worthy that I have to be subservient to a group of politicians whom are not related to me, does not know me and has never met me? Why do they get to make decisions on our behalf including sending my child, my cousins, my relatives to die in war fighting against people whom we have never met and are not my enemies? To kill or be killed against people who has not done a single bad thing to my life?

After watching this video and realizing how even a supposedly civilized government could simply destroy the innocent lives of thousands, through lies and deceit, as if these human beings were worthless like insects drives the point that power in the hands of corrupt few is horrible and absolutely disgusting. Source: https://vimeo.com/17401157

If ever we want to see a new era for humanity where there are no wars, we need to remove the power from the corrupt to print money, which in turn remove their ability to repress its citizens. And because they no longer has the power to print money, they have less financial ability to wage the wars that killed millions of people unnecessarily. The shift of power from the few to the people is critical to make this happen because I believe generally speaking, most people are peaceful human beings and does not want to harm nor kill another human being.

Bitcoin Cash, which is both digital gold and a peer-to-peer global cash system, and not controlled by any party, is our best chance for World Peace. A new era where people hold the power instead of the corrupted few. This is not about lambos but a movement to bring in a new era of world peace, not for ourselves, but for billions of others born and the unborn generations. Add to the fact that fiat currencies have a 100% chance of losing purchasing power over time and you may understand why we need a different cash system. Yes, it's 100% guaranteed that all fiat currencies eventually lose purchasing power over time so you don't even have a 1% chance of coming out better. In fact, the average lifespan of a fiat currency is only 27 years before it becomes completely worthless.

However, don't mistake Bitcoin Cash (BCH) with Bitcoin Core (BTC). During Dec 2017, the average fee for Bitcoin Core (BTC) was around $55 per transaction. Imagine each time you transact, you lose $55! On the contrary, Bitcoin Cash transactions go through everytime for less than a cent. Source: https://www.trustnodes.com/2017/12/22/gregory-maxwell-celebrates-high-fees-300000-stuck-transactions

Bitcoin Cash (BCH) is the biggest humanitarian teamwork in history where strangers across the world work together to bring economic freedom/equality and help lift billions of people out of poverty. Unfortunately, we cannot do this alone. We all need to do our part in making this happen. We each have a responsibility to think about humanity and the good of the world because it affects our own future. We weren't born on this planet to create problems but to leave a positive impact on others. You are the voice for the weak and suppressed and Bitcoin Cash is the movement for us to speak up and do what the repressed couldn't. It is more than just a decentralized global peer to peer cash system, it is a global humanitarian movement.

submitted by /u/MobTwo
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source https://www.reddit.com/r/btc/comments/8uupdy/why_do_we_urgently_need_a_decentralized_global/

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