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22 Mar 2022 16:41

CRYPTOCURRENCIES AS AN ANTI-SYSTEM WEAPON:

The inventor of Bitcoin had the goal of removing power from bankers and establishing a democratic currency in which our money is not governed by an oligarchy, but is instead issued, managed and controlled in a decentralized and transparent way.

Decentralization is important in every sector, from technology to politics, and it is precisely the decentralized systems that have proved to be the most solid in maintaining the balance of the system.

Think for example of a federal government system like that of the United States that was able to partially control and stop the corruption of Biden and Washington. Or to the P2P BitTorrent platform, which allows you to share data and information in a decentralized way. The TOR network, which allows investigative journalists to use the Internet shielded from the control of totalitarian regimes.

Governments all over the world are wary, and this is why they want to create their digital currency (Pound sterling, Euro, Dollar, etc.) on the same technology (blockchain), hoping to attract capital. However, these solutions will be centralized in the hands of governments, and totally discordant with respect to the noble concept born with the cryptocurrency par excellence which is Bitcoin.

We need to create a system where governments stop taxing citizens, where our money is our money and we don't have to justify it, where our assets cannot be seized by unjust laws, and where money can be exchanged at a global level in 5 minutes instead of days as it happens now.
This is what cryptocurrencies offer and much more.

Used as an alternative to traditional currency, they guarantee stability and give an extra weapon to the population, in case governments become too restrictive.
Just having this possibility will guarantee more balance and give the reins back to those who really make the economy run, that is, those who produce and those who work.

For those who want to learn more, the book "The Bitcoin Standard" is a good starting point.

To date, Bitcoin is the main currency of the crypto world, and allows to achieve the following objectives:
- transparency of transactions
- decentralization
- fast transactions
- global single market
- non-governmental and unseizable

To be independent from banks, start moving at least 10% of your capital into cryptocurrencies and diversify your risk.

Some recommendations:
Buy cryptocurrencies from brokers who do not require KYC or documents. There are some in the UK and some based off-shore.
Keep cryptocurrencies in a secret key wallet, not on a DEX.
Only the cryptocurrencies in your wallet are unseizable, those you leave on an Exchange could have risks of hacker attack or risks due to financial regulations.
Never send your crypto to anyone claiming they are going to make you earn more money.

Remember that Bitcoin, and cryptocurrencies in general, do not necessarily hide transactions.
The Bitcoin blockchain is public.
Transactions can be tracked, but they cannot be blocked.
With Bitcoin, our money cannot be seized.

For those who want complete anonymity, the cryptocurrency Monero allows for safe and untraceable transactions.

You can also have untraceable transactions as follows:
- Buy crypto
- Exchange it for Monero
- Exchange Monero back to your preferred crypto
- Send it to a different non-custodial wallet

Note: The new non-custodial wallet must be dedicated to crypto only coming from Monero transfers.

Privacy is a right. Where you spend your money is no one else's business.
Reject the idea that the Govt can assume you have something to hide because you want privacy. The Govt is not there to control you, but to serve you.

To get started, download the open-source Trust Wallet and buy some crypto directly from the app:
https://trustwallet.com/

Start learning about blockchain and crypto on Binance Academy:
https://academy.binance.com/

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