CRYPTOCURRENCY (BITCOIN) BYPASSES FIAT AS A CURRENCY

By Wolf2015 | My Crypto Info | 15 Jun 2021


The first thing you have to realize, in order to understand all of this, is that money is simply just a ledger of trade. For example; A nine year old girl has two Black Canary cards and she just needs a green arrow card to complete her collection. On the other side a nine year old boy has two green arrow cards and he just needs a Black canary card to complete his collection. They both talk and agree to trade. The boy trades one of his green arrow cards for a black canary card and now they both have completed their collection. The trading cards had value to those two children, these cards now just became money.

 

Understanding that example we can now look at a recent chart that shows clear proof that Bitcoin, cryptocurrency, is more secure and scarce than fiat currency printed by the Federal reserve.

 

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As you can see from this chart, the only score where Bitcoin received LOW was Government issued. This means that it can not be controlled by a central authority in order to rob you of your wealth. This should be looked at as a positive.

 

Let me direct your attention to the 8th block where it is labeled Scarce (Predicted Supply)

 

Notice Bitcoin received a High rating, due to the fact that it only has 21 Million for the total supply that can be mined. This is proof that Bitcoin is inflation Proof. This is the Main reason the Fake News Media Outlets, The Private Western Central Bank, and all those that have been ripping you off for years hate this so much, it is because they can not manipulate or control it. They have to rely on fear.

 

 

 

While we are at it, let us look at the 10th Block where it is labeled Decentralized. Fiat received a low, because it is centralized. True there are some pretend Cryptocurrencies out there that take up the same traits of a centralized Bank, but that is why you need to research the white paper and be sure that mining or staking, or something that keeps that coin decentralized is the verification method.

 

I hope this information puts your minds at ease to know that those of you earning Cryptocurrency are the front runners of a great new world.

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Wolf2015
Wolf2015

Author, Veteran, Journalist, Investigator, Patriot. Determined to staying Curious as My teacher, who passed, always told me to do. Believe no one, Listen to everyone, but only trust what you yourself can verify with your own research. Never believe anyone


My Crypto Info
My Crypto Info

Education of cryptocurrency from a person who actually lives off of mining and how to understand the many ways you can earn. Must research all for yourself, because results can vary depending on your miner and internet connection

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