Post
Topic
Board Economics
Re: One of the biggest problem in our society is that average person don't have
by
Fortify
on 05/02/2024, 20:53:58 UTC
Average person don't have access to capital flow.
And cryptocurrency should be working that way like the average person so everybody can have access to capital and make wealthy themselfes and family.
Now If you go to the bank to ask money even If they see you have good skills good knowledge they still don't give you If you not meet the criteria of requirements.
But to meet with those requirements it's allmost impossible. (The game is rigged)
And even If you get the funds you pay back with high % you end up just working for those who got money it's humilation but all they have done is just they been born into right family the upper class to get good education so they can be privileged and If you meet with them and talk many of them  they are not genius at all but what they have in common is that they want to get profit from someone else hard work and they can do that only because they are the very few people who got access to capital and most of the people don't.

I happened to watch "dragon den" show i see that people there they acting like big hedge funds does it so they just looking for people who want to be working for them for just little money what they offering so all those talented people will do the hard work and top on that they agree to get humilated on tv and then they will be working for capitalists, it's always easy to do business If you have access to capital and money that's the key to keep you poor.
With cryptocurrency everybody can access to endless liquity and finances and that's nice the average person without education or even financial background can earn money here without rigged rules or restrictions.

Let's cut the long story short the system doesn't serve us the way we can be wealthy.
Cryptocurrency is here no restrictions no limits and only your imagination how much you can earn.


The banking system works on trust, it is really quite simple. Banks are companies, they make their profits from the gap between taking in deposits (which they may pay a certain reward on in the form of an interest rate) and being allowed to lend out a certain leveraged amount in the form of loans. They are not designed to give money away and have to do their due diligence on anyone who wants to borrow money, if they don't do it properly then you end up with a situation like the 2008 financial crisis. They have a regulator who is meant to keep order and check on things. Lots of people have wonderful ideas, but are unable to compose useful products and services that fill a niche at the right price, which is why so many people get turned down for bad concepts.