Thursday, April 29, 2021
Why a blog on CYPTO CURRENCY AND YIELD FARMING?
Simply put... why should we NOT write about this amazing technological achievement? Ask yourself this: can I really afford not to study the subject?
With the crypto age upon us, will you be one of the many who let it just pass them by? Or will you eventually come around, just a little too late to make much of a profit after the market has cooled off?
Anyone who knows anything at all about this subject will know exactly why blogs such as this one are needed and necessary as our global political and economic trading community begins to evolve out of the technology age, and into the crypto age the product of previous era.
What is the crypto age? Why the time in which, due to the development of protocols such as Bitcoin and Ethereum, we are able to begin the process of DECENTRALIZATION of our most precious financial assets: currency, money, credit, and any type of database information traditionally kept by centralized authorities such as: banks, insurance companies, state governments, educational institutions, voter data and much more. If it can be put into the form of computer bits, it is controlled by an authority without your best interest in mind.
Who can best trust to control and dictate your finances and information? Why you THE ACTUAL OWNER of that data.
This is the basic premise behind the system known as Bitcoin and its associated Block Chain protocol which in the early 2004 gave us for the first time, a coherent, simple and organized system by which this protocol could be developed.
Cryptocurrency is born.
Decentralize what exactly? Why every organization whether financial, political, health, or otherwise, which extends its control over the majority of state citizens and traditionally depriving people of various freedoms of use and control over OUR OWN PROPERTY, whether it be financial or otherwise.
Freedoms such as:
Controlling your personal information, who has it , who sees it, etc.
Controlling your finances, who receives them, and who knows about it
Controlling citizen data
Controlling where, when and with whom citizens spend their money
Controlling patents, intellectual materials, master copies, and other personal data now readily stored throughout the world in government and organization databases.
Then, finally continuing to control this information once the transaction is complete! Its seem less and quiet but its REAL.
These are but a few examples of how our traditional systems of centralization which grew out of necessity for security and consistency across, in particular, the global financial system, allowing select people to partake in it.
The key term there is SELECTED people. Traditional centralized systems generally exclude any persons they choose to, for whatever reasons they want... not very fair indeed.
The natural tendency of technology so far has been that states and central governments have gained more control over the populace.
This protocol reverses that trend, countering the balance toward the individual creating a system which exerts LESS CONTROL over the personal decisions, data and information relating to our transactions and banking.
Centralization, and its evil twins government OVERREGULATION and TAXATION begin a slow contraction as decentralized global cryptocurrencies and blockchain technologies proliferate.
This is only possible in an environment wherein each participant absolutely trusts the others, wherein confidence in the integrity of the entire transaction or state of trust is ALL BUT GUARANTEED.
Hence part of the premise of Bitcoin, and cryptocurrency industry which it has spawned.
A complex system of exchange wherein the a participants may ensure not only security of transactions, but also the data across an entire ecosystem.
That ecosystem in respect to Bitcoin is called the Bitcoin Network, but this is just one of many.
How is this possible? Creating alternate systems by which all people in all places can buy, sell and trade with a sense of security, confidentiality and freedom of choice.
Wednesday, April 28, 2021
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