Brave New Crypto World

Why Bitcoin and crypto currencies are here to stay and might be the biggest thing of the current century.

via Pixabay

It’s crazy how this market evolved in the short period of time since I am a part of it. I bought the first fractions of crypto currencies in very early 2017. This does not sound like a lot of time, but in the “crypto world” it feels like ages. Before the flood of ICOs dominated every Ad on every Website I’ve been on. Before the enormous media hype where CNBC Fastmoney asked you to buy Ripple at about $3 Dollars. Before all that, there was another reason that sucked me into this space.

I don’t remember the exact point of time when I really understood what Bitcoin means for humanity, it was kind of a smooth transition. But one thing is for sure: If you really understand what this innovation means for everyone of us, and you have enough background knowledge about geopolitics and the central banking system, this will leave you speechless for a fraction of a second, and then you can never go back.

It’s not about killing everything that is centralized, and it is not about getting into a worldwide form of anarchy or “FU-mentality”. Often people I see on Twitter or articles I read try to aim heavily into one direction. Either “we have to destroy every working centralized system that we have now because they are the root of all evil” or “Bitcoin is the worst, it’s dangerous and it will die”. In my opinion this is not the right way to see this, because almost all of the time it’s wrong to just think in extremes. We would’t be where we are today if we wouldn’t have the systems and organisational structures we have now.

via Pixabay

But what actually happened over the last approximately hundred years or so, sure enough goes into a very bad and dangerous direction. Banks, Companies and Elites by definition control the world. They control how wealth is distributed, and if a country’s economy flourishes or not. And at this point I don’t care if you believe me with this; I’m quite fed up with people questioning such a statement. You can argue about which wars or attacks were false flags and which weren’t, but if you didn’t realize that we are living in a simulated society and have basically nothing to say you definitely have to wake up.

Generation X, Y & Z

With all the wealth we created through the industrial revolution the western countries managed to live quite well. Fewest have to starve or suffer as bad as one had to a long time ago. Unfortunately this made us some kind of blind. We blindly trusted the media, we blindly let other countries starve to death and we blindly wasted our life in a rat race where it is almost impossible to “win”. But these are characteristics that the previous generation had. They were exploited because the average Joe didn’t know better.

Generation X and the one before are the generations after World War II. They grew up hearing horrific stories about how hard life can be from their parents and grandparents. The advice they got is to literally to:

Find a good job, buy a house and raise a family. Don’t question things if that could get you in trouble, just shut up, do your work, earn a lot (doesn’t matter if you like your job), get through life. We never had the luck to be able to live such a calm life.

You can not even blame generation X for how they live their lives. That was the best thing to do at that time. But since that time a lot has changed. My generation, generation Y was (at least in most western countries) born into wealth. Enough food, good places to live, no world war (yet). That’s what the previous generation has build for us. That’s why we found the time to think about how things work all around us. And also that’s why a lot of us dare to ask the right questions.

Why is wealth so unequally distributed? Isn’t there enough food for everyone? How does our FIAT money work?

We question these things simply because we can. There are no bombs being dropped above our heads right now and we do not have to rebuild whole countries. Yet.

It is a natural cycle of the current monetary system that wars generate more money and more power for the banks. Governments are like sock puppets acting in the big play of our globe.

But what does Bitcoin have to do with all of this?

Good question. Everything. That is my simple answer. Before Satoshi invented Bitcoin in 2009 you did not have a choice. If you did not agree with the monetary system, and how inflation makes sure you will never reach your goals, you simply didn’t have a choice. Sure you could go to another country, but is it different there? Is there real democracy there? Or are politicians just tools of huge companies to make sure they survive. That is the case almost everywhere. The power should come from the people but it does not!

However with Bitcoin you do have a choice. If the government of a nation stops doing their job and does not represent the people anymore, citizens for the first time in modern history do have an actual choice. When a part of everyone’s wealth is stored in Bitcoin, communities can just swap their monetary system. This way they can show governments their limits. Stopping to use their money is stopping to pay their taxes. What makes it fall apart. This enables a power that democracy never had before in the modern highly populated world.

Since you can not really stop or forbid crypto currencies that became as huge as Bitcoin, you can never undo this again. One of the greatest Bitcoin advocats is Andreas Antonopolous. He once phrased it in a nutshell:

“But, we can not… ?!” “But, they won’t just let us…?!” “But it is! And no one will change that!”

It’s about having a choice

It doesn’t matter if it’s Bitcoin (although it’s very probable) or some other crypto currency that spreads far enough to become a stable store of value for the whole world. What matters is, that there will be one or many, and no one will be able to change that.

In this digital age, where the tech evolves way faster than we do and it’s hard to keep up to the progress that is made, we are going to need something like this more than ever before. When machines start doing all our jobs, and we could finally bring the whole world population to one level of wealth, where everybody can live a life worth living, we need something like Bitcoin. Because there is no chance for a just world with our current system. With the wealth and data in the hands of a few, we will have no chance to get to the paradise we want to get to. We need power over our money and our data. Both of this is possible with Blockchain technology.

Everyone will be able to work at something he loves, because a basic income takes away your fears. There will be no doing a job you don’t like for your whole life. This would bring back the freedom we had before the artificially created rat race, with the difference of not having to struggle to survive.

With such a technology literally in everyones hands, the power comes back to us. That doesn’t mean we don’t need governments, it just means when they stop representing us, we have a choice. A non violent but still revolutionary choice.

It’s no coincidence that the title of this article sounds somewhat like Aldous Huxley’s book. Ten years from now everything will be different and a big part of our lives will consist of interacting with algorithms. It’s on us to decide whether it will control us or be controlled by us

To sum up, of course Bitcoin can disappear or go to zero. And maybe we will not become very wealthy on the way “to the moon” with just HODLing BTC. But the technology is here now, and it will become whatever we make of it. If the above description of our future is achievable and desirable for you, it’s worth more than any wealth you can accumulate these days. It will be pure freedom and nothing else.

Thank you for reading this! I’m proud to say this was my first ever article on medium, so if you liked this it’d be great if you give me a clap and a follow here: Twitter|Instagram|Medium

Stay humble, Fab.