Thursday 6 January 2022

Trigger Warning: Crypto is Not Here To Make You RICH. Crypto is Here To Make You FREE

Introduction: Opportunity for Wealth in the Cryptoverse

Nowhere else on Earth will you find similar types of gains in the cryptoverse. It is a fact, that the opportunity for wealth here is so immense that it creates dreams of unprecedented wealth even for those with a common life. Combine this with explosive price actions and hype, lots of attention and adoption are drawn into the space on a regular basis, making it one of the fastest-growing sectors in the entire human existence.

However, while everybody thinks crypto is the go-to place to make millions, it is also where entire financial life and fortune are ruined and lost. As a nascent space, crypto is warned with a lot of risks, even in a bull market, yet it is intriguing to see people pilling themselves up, thinking this is the only opportunity to escape the rat race and hence better their life. This kind of mentality does make me wonder what the hell is wrong with the current world we are all living in.

The Reality of The Current System

The truth is you can’t blame them. In the legacy system, so much wrongs are to be found that clouded their ability to judge and search for opportunities. People are enslaved to the system, both in the physical and in the digital world. They live most of their life in accordance to the work and spend cycle, conforming and following the exact same path of life as everybody else under the promise of security and happiness. In exchange, they have to give up their freedom to those who stay in the highest positions of power.

Either by forces or by influences, every human society trends toward a structure with a few in control of the majority. While this is natural to the existence of human beings, it is also what creates much of the sufferings and injustice we see throughout all human history. Being power-hungry and driven creatures, we form hierarchical structures to ensure the best cooperation between each other, yet when societies and networks expand beyond our consciousness, power tends to overconcentrate in entities that then often become corrupted, oppressive and unaccountable.

Centralization of Power and Human Nature

Reflecting on this, we can see the same presence in some of the strongest nations in the world today. When power is abused by a centralized entity, someone must suffer. If not those at the top, the price will have to be paid by those at the bottom, and this is often the case. We see this time and time over again, with the final fate of most society leading towards intolerance, civil war and eventually the collapse of the entire system.

The same can be said to the digital society today, though the difference is those in positions of power are untouchable and divine. They play the role of Gods, influencing the lives of millions and billions each year without us having a voice-over, yet we all have come to accept it because we have no other choice.

Despite all of these, people are still chasing the same damn things that make them slaves in the old system. Thinking by somehow riching off from crypto or any new innovation will make them more free and live more comfortably. This is only a delusion painted by the lies of consumerism and power-hungry culture. In a centralized system, you are neither free nor rich, you are either the few powerful or the majority powerless.

Faith in The New System

Understanding this is the first step in understanding why the world of crypto is so disruptive and why the opportunity for wealth here is so real. Wealth does not magically exist. It comes with and from people who came collectively with the same mindset, same vision and set out to do the same goal: to make a difference in the world, to build something that breaks away from the power structure of the legacy system and to create a place where fairness and freedom lie at the heart of the system.

Crypto was never made to make you RICH. Crypto was made to make you FREE. This is the vision of Satoshi for what a decentralized, trustless, permissionless and censorship-resistant system would bring to the future of humanity: A world where we all have a choice, to either give away control of our life to someone else or be the one who dictates our own fate.

Many of us realized we do not need banks, institutions and corporations to be our responsible. Many of us realized we do not need centralized entities to tell us what to do and what not to do with our life. Many of us realized that we can decide things for ourselves, and that is something we are not offered in the current system. With crypto, we have A CHOICE, and as there exists a demand for having this choice, the market responds with growth and opportunity to where it is offered.

Becoming Successful In The Cryptoverse

Understanding this is crucial to becoming successful in the space. Those who do not stick around will never win big or win at all because their minds are still plugged into the old system. The biggest winners of the space are those who understand the value proposition and turn themselves to this beautiful vision and dedicate their lives to make it a reality either through long-term capitals, through their voices and their words or through their own hands.

Without courage, there is no freedom. Without freedom, there is no opportunity. What is offered as protection in the centralized world is in disguise of restriction, to limit the rate of innovation and revolution that are happening through crypto. They will doubt our success and they will question our authenticity to change the world. But we show them why we are better and why we had to be better, and by believing and dedicating to this space, we ultimately win by bringing equal opportunities to all human beings, while expanding the potentials of human kinds instead of limiting them like in the legacy system.

TLDR: Conclusion

Those who understand the purpose of the cryptoverse will ultimately understand the opportunity for wealth that comes with it. And for as long as we, the people, come together to push it into existence, crypto will not be a single opportunity but an opportunity of a lifetime for all of us human beings. Crypto is here to stay.

Link: https://medium.com/@1607cryptocat/crypto-is-not-here-to-make-you-rich-crypto-is-here-to-make-you-free-142477ce0827

Like what I write? Consider following me on Twitter (cryptocat1607)

submitted by /u/CryptoCat1607
[link] [comments]

This Bitcoin Cryptocurrency Fact Sheet about the basics is really helpful if you're a new HODLER and wanna learn more

This Bitcoin Cryptocurrency Fact Sheet about the basics is really helpful if you're a new HODLER and wanna learn more submitted by /u/vengefulBagels2711
[link] [comments]


Planning to hold Bitcoin for next 2 - 3 years but check Coinbase far too often every day and most days makes me anxious about my investment. Should I delete the app and enjoy ignorant bliss until the day comes that I’m considering selling?

For context, the 2-3 years is based on when I am planning to purchase a new home with the intent of using some of the initial investment depending on where Bitcoin is at when I am starting to consider moving.

submitted by /u/Chin900
[link] [comments]

Trading is an art and a science

Trading is an art and a science submitted by /u/signal_fitter
[link] [comments]


source https://www.reddit.com/r/btc/comments/rwx4gh/trading_is_an_art_and_a_science/

Anyone else experience this? Told my friend at work about Bitcoin, he was really fascinated by it as an inflation hedge. Came back the next day with a bunch of shitcoins but no Bitcoin.

He said he downloaded Coinbase and bought a bunch of random coins some youtuber suggested. I asked him if he bought any Bitcoin, he said "nope, it was too expensive".

🤦🤦🤦🤦🤦🤦🤦🤦🤦

submitted by /u/ShotBot
[link] [comments]

I have been in Bitcoin for more than a decade at this point, and nothing has convinced more people around me to start DCA saving some of their income in Bitcoin than sending them Michael Saylor videos to help explain Bitcoin to them in a vocabulary that they can understand

Getting too technical doesn’t explain it to the average person who doesn’t understand the fundamentals of economics to comprehend the technical lingo.

You know, if we embraced dumbing stuff down for the masses, we’d probably reach a lot more people, instead of trying to act like an angry Econ professor who's scolding them for not understanding the fundamentals after a lifetime of being raised to be clueless on this subject.

I get that there are people here who hate the way he phrases things or uses metaphors, thinking they that can make better metaphors to help people understand Bitcoin.

Well if you think that way, then good! Make those better metaphors and post them here! We need all the dumbed downed explanations of Bitcoin that we can get to reach the masses. We're not even at 2% global usage yet, so we need simple ways to explain it to the other 98+% of the world's population that has yet to try to get to know Bitcoin.

So if you're inspired to write a better metaphor than Saylor, then do it and post it. Hopefully it is better and it helps new people coming to this sub read a nice simplified explanation on Bitcoin that they can understand. Like a student in a class with a great professor who can help analogies foreign subjects to them in a way that they can relate to, and attain a comprehensive grip on the subject, making it so they have a place to start on their journey to eventually learn more.

submitted by /u/ThrowAwaydntopnddins
[link] [comments]

BISQ a decentralised exchange for buying and selling bitcoin. NO KYC

BISQ a decentralised exchange for buying and selling bitcoin. NO KYC submitted by /u/iammasvidal
[link] [comments]


Only 1% of the world owns Crypto, it is silly to say we aren't early.

submitted by /u/Plastic_Log_2470
[link] [comments]

source https://www.reddit.com/r/btc/comments/rws4mb/only_1_of_the_world_owns_crypto_it_is_silly_to/

BTC mining: Internet Blackout Reported in Kazakhstan Amid Escalating Anti-Government Protests

BTC mining: Internet Blackout Reported in Kazakhstan Amid Escalating Anti-Government Protests submitted by /u/poomata
[link] [comments]


Blockfi vs Celsius vs Crypto.com - 2022 Comparison

Blockfi vs Celsius vs Crypto.com - 2022 Comparison submitted by /u/Ribtin
[link] [comments]


source https://www.reddit.com/r/btc/comments/rwug00/blockfi_vs_celsius_vs_cryptocom_2022_comparison/

“ Internet has been down in Kazahstan for a few hours where roughly 18% if Bitcoin's hashrate is. Looks like the impact on the hashrate is so far 12% drop just in the last few hours since internet went down.”

“ Internet has been down in Kazahstan for a few hours where roughly 18% if Bitcoin's hashrate is. Looks like the impact on the hashrate is so far 12% drop just in the last few hours since internet went down.” submitted by /u/Egon_1
[link] [comments]


source https://www.reddit.com/r/btc/comments/rwten4/internet_has_been_down_in_kazahstan_for_a_few/

Wednesday 5 January 2022

Crypto.com Visa Debit card: $25 instant bonus, free Spotify, and 2% cashback on all purchases

So I tested Crypto.com and wanted to make my own opinion about it:

Crypto.com offers Visa debit cards that give 2% cashback and a range of other perks like free Spotify. This is a very big company. Recently they started a huge ad campaign starring Matt Damon and they bought the naming rights to the Staples Center in L.A. for 20 years.

The Ruby Steel card tier offers a $25 instant bonus, free Spotify and 2% cashback on all purchases, and a premium metal card. To get the card you need to stake €350 worth of CRO coins and hold it for 6 months. After this time you're free to sell them again (or keep if you want to retain the card benefits).

Important note: you don't need to put crypto on the card, you can just load it with Euro or USD and spend it!

All cashbacks and bonuses are paid in the CRO cryptocurrency. You can immediately sell the CRO in the app for pounds/euros, which you can use again for purchases with the card if you want.

--

Personal experience:

I've been using the card for two months now. Lost a small amount as CRO dipped a bit and my staked amount is worth less than before. Yet I got on all purchases a 2% cashback which is currently worth $21 (over all purchases were $1050). I use the card on a regular base but I don't have many running costs. In these two months my Spotify got paid back in CRO ($12.99 each month) and I started staking my CRO on their DeFi Wallet with a 12.58% annual reward.

Also the metal debit card looks awesome :)

--

If you want to start too with Crypto.com you can follow these steps:

  • Sign up through my link: https://platinum.crypto.com/r/kgy6vgv3jx or use code kgy6vgv3jx in the app. Non-ref link (no bonus): https://crypto.com
  • Verify your identity
  • Purchase and stake €350 worth of CRO for the Ruby Steel card tier
  • The $25 referral bonus will be credited instantly after you've staked for the card and you can sell it for pounds/euros straight away if you want.
  • After your card has been delivered, be sure to set it as the payment method for Spotify so that the 100% rebate can be processed automatically.
submitted by /u/Klaasiker
[link] [comments]

source https://www.reddit.com/r/btc/comments/rw531c/cryptocom_visa_debit_card_25_instant_bonus_free/

The Sound of 2021 🎶🥁

The Sound of 2021 🎶🥁 submitted by /u/ShotBot
[link] [comments]


source https://www.reddit.com/r/btc/comments/rw3gh7/the_sound_of_2021/