I am sad and happy at the same time❗ But why❓ Why I'm happy will be simpler, explaining why I'm sad will require a little more lines.

🦝 Will you read my writing as always❓

So what is the only reason that is positive about the emergence of Bitcoin ETF❓

Many people may now think that, like the hedge fund company owners, I do applause for the inflow of capital. Well, that's not the case! There was only one real reason for the appearance of the Bitcoin ETF.

Namely, the fact that the original Bitcoin protocol passed the exam with distinction❗

It has been proven that it is impossible to manipulate and it is impossible to create an arbitrary „playground”. So what did the system of financial oligarchy do? It has created an environment in which the inflow of capital from institutional investors can be monitored in a centralized system, according to their own arbitrary rules of the game.

🤔 But, why am I sad❓

✅ The reason is because while the Bitcoin protocol passed the test, the social consensus failed, which can mostly be attributed to YouTube's influencers. Of course, respect for exceptions.

I see useful information in lectures by Michael J. Saylor or, say, Raoul Pal. They see through the truly innovative financial technology topics, but still only examine the developments through the lens of a fund manager, and not from the perspective of the average person. What I see as problematic is that the majority of people watch the exchange rate changes between cryptocurrency and fiat money due to the influence of influencers and try to make a profit based on this. Please! It's not profit, it's a balloon. The use of the exchange rate gain against the other currency creates a money growth that has no economic product behind it!

What I miss, which might not be a solution yet, but the beginning of something meaningful 👇

People have very little self-confidence. And it's also terrible to see that societies start to atomize. I mean by this is that cooperation is being re-educated to an unhealthy extent and the phenomenon of „I deal with my own business and don't care about others” is gaining ground. 

People feel that they are powerless against a state❗

By the way, this is because most insurgencies throughout history have been put down. However, when I say state, rather in quotation marks, I would express it as „national state”.

A little 📜 historical review to understand why I use quotation mark in the word of state! 

From the end of the Second World War, the effects of the market economy were initially only very intense in the far-western areas, and as time progressed, the effects were also strongly felt in the eastern direction.

The biggest problem – which unfolding today – is that the nation-states have actually fallen under the market economy, so capital dictates❗ The result of this is that when you vote for a parliamentarian, it does not actually represent your image, but multinational capital.

The result of this is that the nation-states have lost their original function, so nation-states can only be spoken of in a figurative sense, which is why I used the quotation mark.

There is a beautiful saying: although the galley is above and the water is below, the water is the master 😉

With this saying, I wanted to express that although people feel that the state is all-powerful, people can dominate. After all, the state is nothing more than a legal order drawn over a geographical area, a country. And this legal order, or parts of it, live as long as you use it.

It is decided in your head what you will do with the option that is in the Bitcoin protocol. 👇

I think Bitcoin is not a good payment tool. And the thing is, I don't even consider it a cryptocurrency. I think of it more as an alternative to the fiat monetary system. Bitcoin will therefore always be a great value storage tool, and with cryptocurrencies, the exchange system of various services/products and value (cryptocurrency) can be solved on a DeFi basis.

But what is the point, and we are now arriving

👏 to the important part of what I am saying, that the power of self-healing is always encoded in society by its very nature, regardless of the circumstances. What you think, why the oligarchy want to atomize societies❓

It depends on the societies what they do with the Bitcoin protocol!

• Is there an unmanipulatable payment system?

✅ Yes, it exists, it's called the Bitcoin protocol.

• Is it possible to pay exclusively on a DeFi basis with a cryptocurrency in such a way that the gas fee is minimal?

✅ Yes, there are many cryptocurrency projects with almost penny based gas fee.

• Can I convert these cryptocurrencies to a secure point where my assets are maximally safe and only I can access them?

✅ It's not a new thing, you can convert any cryptocurrency to Bitcoin and vice versa.

💭 If all the possibilities described ☝️ above are given, what else is needed❓

Only for your decision what made in your head and on the will to put it all on a collective basis, i.e. teach your environment.

Since you don't get anything meaningful from influencers apart from speculative options, I would like to offer you some situational ideas. 👇

1. Does your child have a problem with any of the subjects at school?

Solution: private tutor. Teaching is actually a mental product. Pay to him / her with cryptocurrency. If he / she can also spend it on something interesting to him / her, then the thing is already working.

2. Are you blessed with a good writing skills? Could you help businesses with one or two good articles?

Solution: ask for cryptocurrency in exchange for work.

3. An intellectual product is one thing. But the most important thing is the physical product, especially when it comes to food. The fiat system puts societies in the most vulnerable position precisely in the area of food. 

Solution: society should regard the peasantry as the most important layer. Here I am thinking of those people who have already realized the importance of self-care and have started tending various eco-farms on an experimental basis. They are our only bastions of survival, like it or not. Obviously, this is not such a simple thing, it is quite complex, since the workers on the organic farms have to acquire the raw materials, which they can currently only do in exchange for fiat money. But playing with the ideas I described and trying to implement them should start somewhere.

Obviously, what I have just shared with you through my publication is not a solution, but a healthy thought on which to build. If you look around the Internet, you will not be able to hear or read such thoughts anywhere. The essence of the thoughts conveyed by influencers always ends up somewhere in the exchange rate gain. But the exchange rate gain will not create any value, it will not satisfy you. Exchange rate profit is just a kind of speculation, with which you get more from a given currency compared to another currency. You, on the other hand, will only be able to benefit from this at the expense of others. So that you understand, in order for you to be able to take more out of the economy with the surplus of the exchange rate gain, others pay with their blood and sweat. This is exactly why the Fiat system is good only for its creator. That's mean 1% of 1% of the Earth's population is. I expressed this 💡idea when 🔗 I wrote about the problem of interest of money.

In conclusion, I can say that I am sad because the truly value-creating ideas expressed in the article do not really find a place in the Internet sphere. I would be very happy if there was a collaboration at the social level, in the framework of which, for example, we would organize into a database those contributing people and businesses that are happy to accept cryptocurrency directly. Don't blame me, I don't drink wine and I don't preach water, so I can proudly announce that for example, I personally accept cryptocurrency for my SEO activities, and I don't convert this income to fiat. I spend directly in cryptocurrency.

👋 Postscript: Initiatives like Binance Pay are a great thing. It really gives you the opportunity to spend a cryptocurrency directly. At the same time, trust is a very important thing, and I think it can develop within societies in the process of organizing from smaller groups to larger groups. That is, if X knows Y and X teaches Y, it can be a result. This, however, requires people to care about each other, so the exact opposite of the current atomization process is needed inside sociaties.

Bitcoin ETF❓ 😂 Well, Bitcoin's reputation is in big trouble when people like Larry Fink say that bitcoin protects you, the common people. Such billionaires never worried about ordinary people, because they were robbed, that's why they became billionaires, that's why they got so much wealth.