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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW

Bitcoin Halving Countdown: https://bitcoinblockhalf.com/
The Creature from Jekyll Island: https://www.goodreads.com/book/show/66499.The_Creature_from_Jekyll_Island

I realize that most people cannot take the time to fully understand the complete technicalities of things like cryptocurrencies, and their underlying code. But I will always hold out for the fact that anyone can comprehend what makes something valuable and useful.
By beginning the pursuit of understanding things like Bitcoin and other cryptocurrencies and why they exist in the first place, you will essentially be killing two birds with one stone especially if you are not already well-versed in the world of economics. The two birds being understanding what gives Bitcoin value and utility and gaining a better perspective of how the current economics of your USD, Euro, Yen, South African Rand etc is being challenged.

So with that being said, here are three great starting points for those of you who are new to learning about Bitcoin and other cryptocurrencies, but most importantly I want to remind you to always follow up with asking “Why” in this scenario, it’s in your best interest to be that annoying toddler that is always asking questions and is curious about how everything works and is always asking why:

* Who is against Bitcoin- Most likely these people will fall into either of these categories: they own, are employed by or are heavily invested in companies that will be heavily disrupted and possibly made insignificant due to the growth and adoption of borderless, peer-to-peer transaction protocols.
Or, they are not generally gifted with a strong sense of foresight, and instead they heavily rely on the approval of others before they come around to any kind of new innovation. Quite frankly, they’ve most likely found a whole lot of comfort in what they already know and understand.

Understanding who is against Bitcoin is important because most often these are the narratives that dominate the mainstream media.

* Who controls transactions of fiat (banks, credit card companies and other third party processors like PayPal)
It’s becoming increasingly more prevalent that individuals are being censored in more ways than one. Facebook and youtube are known for this from time to time if the content being posted doesn’t fall in line with their political agendas, but even more unfortunately, censorship is also being seen in the transmission of money. PayPal has been notorious for shutting down accounts of individuals who represent a business or ideal that isn’t copasetic with Paypal’s political objectives. This has also been seen by banks themselves not allowing certain transactions and credit card companies as well. Which should really make your blood boil because essentially they are declaring it to be their money and not yours and you can only spend it in ways that THEY see fit.
Then steps in Bitcoin and other cryptocurrencies which allow you to use their networks to send to anyone anywhere in the world without worrying about some far away company blocking it because they don’t like it.

* Inflation and what this does to purchase power over time (New Monetary Theory)
This third topic is logical, yet I believe many people have become blissfully ignorant of how this has affected their lives on a daily basis.
An inflating currency is a currency that will become less valuable over time.
This one is deceptively simple because unlike Bitcoin, the supply of currencies like the USD and the Euro, are completely dictated by each countries central banks. Banks which are not a part of any governmental body, and therefore are completely independent from the requirement of acquiring the votes of the individuals who are forcefully subjected to using that particular currency. Suffice to say that the supply of these fiat currencies are not reliable and are very much subjected to the whims of those who run that central bank.
Perhaps this is why many people are blissfully ignorant, because they aren’t burdened with the act of participating in the economics of the currencies that they have to use.
If you’re interested in learning more about what these central banks do and how they make money, please read The Creature from Jekyll Island by G. Edward Griffin.

Before I forget to mention, the complete supply of Bitcoin is forever known and the rate of newly created Bitcoin has been specifically written into the code of Bitcoin and DECREASES over time.

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12 COMMENTS

  4. Tonight, the price of Bitcoiin broke through the psychological level of 9,OOOusd. If bulls can no longer increase the volume, then the price will roll back to the area of 8,9OOusd. After short-term consolidation, growth might continue to around the 9,5OOusd level. so everybody should buy more and join the gain, for me i advice you multiply the little you have with Frank's strategy, i was able to make 7bt with I.5bt in 3 weeks with the same strategy, reach him via mail franktrading99@gmail. com or telegram: +1 (661) 372-0157

  7. All this and I have to get back what I lost, and only started well less than a year ago, however found myself today nearly same money I have started off with, my master card whom i never had debt with wont let me use with Uphold exchange, but uphold will let me use my debit card, but not stupid I have most of my crypto in my nano S, even this will the communists find my nano S, mmm not too sure

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