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RE: Warren Buffett Calls Bitcoin "A Joke" As US Population Systematically Impoverished - Record 30% Of Adults Living With Roommate

in #bitcoin7 years ago

"...crypto is likely the ONLY way out..."

That better not be true. If there's only one way, there are no ways at all, because crypto can be crushed, and no matter what the cost, they will crush anything to maintain their power.

Your internet can go away, and they won't care. You can die, and they won't care.

If every single person invested in crypto needs to die to leave them in power, they can do that, and nibble toast points.

They don't care. We need a multiplicity of vectors to build wealth, so they CAN'T choke just one off and keep control. We need them to lose at a game of whackamole.

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This is why the decentralized aspect (and, the large number) of cryptocurrencies is so important. Sometime we rail on about Steemit being weak in.

Good point. Agreed. I guess I was just saying that with crypto it AT LEAST LOOKS like we can POTENTIALLY get out of bondage, if we play our cards right. But I agree that it is MOST PRUDENT to them diversify our wealth into various other assets, including (for me) physical gold and silver. Ideally, I strive to take WHATEVER earnings I make on crypto and put them into HARD, relatively stable assets.

Getting out of bondage is, at this point, practically synonymous with getting enough wealth to check out of the corporate system. Hopefully, crypto can at least provide that for some of us.