Why BitcoinCash?
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I am unsure if you had been following the news but Lebanon has some serious crisis immediately. Their currency had lost over 75% of purchasing power within weeks. Capital controls are in place to stop depositors from withdrawing their own money from the banks. Adding thereto misery, the govt is getting to steal a percentage of the depositor's money. this is often theft on a national scale. If you think that your money within the bank belongs to you, just ask the Lebanon's now if they feel an equivalent way.
So you'll think Lebanon is that the exception, let me assure you that this is often absolutely not true in the least . The American government is robbing the country as we speak, to the tune of $4.3 trillion dollars in bailouts, at the expense from ordinary taxpayers such as you and me. Yes, you heard it right, it is $4.3 trillion dollars and not billion dollars. The American government is that the biggest looter during this crisis. Source: https://prospect.org/coronavirus/unsanitized-bailouts-tradition-unlike-any-other/
So you'll think Lebanon and America are the exceptions, let me assure you that this is often absolutely not true in the least . Back in 2013, Cyprus stole up to fifteen of the bank depositors money to fund the country deficits (mismanagement and corruption by the politicians).
So you'll think Lebanon, America, and Cyprus are the exceptions, let me assure you that this is often absolutely not true in the least . Back in 2011, Greece stole up to 50% of the bank depositors money to fund the country deficits (mismanagement and corruption by the politicians).
Did I ever tell you what happened in China or Germany or Yugoslavia or Venezuela or Zimbabwe? the great people in these countries have experienced their entire savings became worthless overnight thanks to hyperinflation. And there's absolutely nothing they will do about it (until now that is).
One of the foremost dangerous thing you'll tell yourself is, it won’t happen in my country. It absolutely can and given enough time, it absolutely will. And if you're not angry at somebody else stealing your hard-earned dollars from you, I am.
That is why i'm in Bitcoin Cash for the end of the day . Capital controls? Not my problem. Hyperinflation? Not my problem. Bailin and Bailouts? Not my problem. Government robbing depositors money? Not my problem. Rioting and looting from citizens realizing that they had been robbed by the government? No problem, I can leave to a different country and begin life afresh.
Because with Bitcoin Cash, it's a world currency and you and only you, has full control over your own money.
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