All cryptos are the same and you need to get in now because they are extremely low priced for the invention of Computational Trust!steemCreated with Sketch.

in #bitcoin7 years ago (edited)

Crypto-currency should be referred to as an ownership right (token or share certificate) to a platform, or a specifically designed currency, built on a blockchain backbone. Why you need to get in on many of them and 'hold' as they will all be able to be interchangeable (shape shift) with ease through a shape shift application (app) or soon in your computer browser.

Shape shift, sounds like an X-Men movie eh?
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To give my almost 1,000 followers an update, I am still waiting on my VW Van as the tachometer is giving us trouble. I will be moving into 50 square feet and traveling the Americas soon. I should have been headed south already as I only bought summer tires and Edmonton Alberta Canada has already seen snow. This week I am off to Nelson BC to do some errands and get my shed to lock up stage. I had to stop in-between Trail and Castlegar BC Canada, for this beautiful shot of a pond:
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Bitcoin is a 'utility' and since it can be used like money some are doing such like me and my friends. The utility is: the most secure data base ever invented. As simple as that. My analogy is: picture it like a big spread sheet (an excel spread sheet) with 21 million cells. Each cell has a password assigned to it and that is called the keys to that cell. These keys can be transferred to other cell keys and are then owned or controlled by the new keys. Cool eh! There is even an open source protocol that releases these cell ownership controls over time ensuring decentralization and utilizing consensus systematic for any updates.

Currently, the market capitalization (net worth) of all cryptos is around $129 Billion USD. This time next year I predict $1.2 Trillion USD. That is a 10x gain. You need to sell some of your assets and get in NOW! Please note I am not a financial advisor but have 35 years of generally accepted accounting expertise.

Speaking of shape-shifting: The financial world is not what you think:

The existence of an economic super-entity as the study authors call it has never been documented before. I suspect that control is less now than a hundred years ago but I don't know that. The fact that these large data sets have only recently become available has restricted antitrust institution actions and pretty much went unnoticed. I suggest it is time these organizations are forced to act on this information. It has been proven small cross-shareholding companies can effect market competition. It seems to me to be common sense as we just look around. We don't see too many price wars at our local gas stations, utilities, banks, etc. Is it because they have the same shareholders and are either conspiring or simply a wink and nod, or is it the smart way to make more money? Back to following the money and it all makes sense.

The blockchain is like water any type works for your survival. Tap water, lake water, spring water, creek water or bottled water. Now then how does a token become money: it becomes money when a value is attached to the controlling or ownership of the token. Why would someone want to own such a utility or a portion of it? There is value in someone notarizing contracts in a manner so secure it has had zero down time and zero hacks or errors from the early stages - currently the bitcoin blockchain is now running over 9 years worth of 10 minute blocks of transactions. I call it triple entry accounting: a transaction 1) buyer 2) seller 3) witness by ledger and community. Or debit, credit and witness. You can sell services on this backbone and therefore owning control allows for a return on investment. Computational Trust!

The current economic system is designed to keep you from becoming super rich and threatening the power that is currently in place. I see the finance world wasting up to 20% of the gross domestic product (GDP) keeping you drenched in expenses like bank fees, lawyer fees, insurance fees, etc. You need to be the change and the best thing you can do is shop local!

The system has us all numb through sugars, alcohol, prescriptions and limited education. Even gambling and buying lottery tickets has the government keeping your money so they can waste your taxes the way they decide.

Here is a picture of the lobby of the Castlegar casino I had excellent Russian borscht (soup), a few days back. I am not a gambler and or speculator my investments in crypto-currency is based on years of experience in finance and not trusting the current system:
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The current volatility of the crypto-currency (bitcoin) world is there as big money can pump and dump it to shake you out of it as they buy it all up. What I mean by all crypto's are the same, is because of shape shifting, you can be paid or spend in one while shape shifting into the one you trust while not needing to use it.

Most of them are positioned to fight the up coming inflation that I see.

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Excellent post, you are absolutely right, now is the time to enter the game and start your own business. Many of us probably did. Thank you @greenman and your thoughts are close to me, so I Upvote and resteem

Thanks for re-steeming...that is the only way to get more awareness spread!

Like the custom of strong and strong leaflets, I thank you for your efforts and participation with us and I hope to be like you
I will be as successful as you and I will owe you if you support me
I love you@greenman

I agree, we all need to learn and move forward. Thank you!

Wow.. Wonderful and creative writing about cryptocurrency @greenman..😊
Really grateful in your effort..👌
I'm very new to your community and going to be a part of it.. So, Followed you, upvoted and resteemed..👌👍😊🤗
Cheers..🍺🍻

Thank you for the kind words and the re-steem - 100% upvote for you!

Right now you got 942 followers and I have 866.. Collect my 866 to your community.. Because I'm going to give my maximum support to you.. I will resteem your every post to my followers..😊 Cheers..🎉🍻

thanks for sharing keep it up...
I Upvote and resteem

Thanks and congrats on so many followers.

I'm looking forward to an article about your bike, how did it look?

I am too! The bike looks great and is so much fun to ride - goes real good on sand, gravel, trails and grass. I expect next week some time I should post a full video of the van running and the bike hanging off the back of her.

it's your bike?? @greenman

This the one which @greenman have

Yes, it's very interesting how are your advances with the bike and how much battery is enough?

Right. I have a second electric bike that is a road bike and goes faster but after about 2 hours I was peddling the heavy bike for the last 20 km as the battery died. Lucky the fat tire bike is better technology and I bought an extra battery pack. I will keep everyone posted on how I find things - can't wait to fly around the Grand Canyon with an electric bike.

Have a great trip to you and make the batteries last long, keep us informed, I'm interested!

This bike is greenman ?

Yes

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you are most welcome duddy.

The more we distribute, the more people will know, this is a good textbook.

A broken tachometer, that is a blessing i would say, you can sell your van in 20 years with the same amount of km :-)

I resteemed your post, it is a funny coincidence i just posted a similar post questioning authority and financial power.

All hopes on the blockchain, thanks for posting sometimes.

Thank you for sharing the info!

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i agree @greenman, such a useful information really helpful in long run.

greenman you ar relly good man..!!

wow @greenman what an excellent post! This is such a big and deep issue, and its good to see you giving so many reasons why our current Free Market Capitalism has had its day, and why Crypto is such an amazing alternative.

We don't see too many price wars at our local gas stations, utilities, banks, etc. Is it because they have the same shareholders and are either conspiring or simply a wink and nod, or is it the smart way to make more money?
This is just one tiny symptom of a system that has past its prime. The real free market ended quite a long time ago, and now everything is corruption, shady deals and infinite greed.

Finally we are waking up, and have now invented something (Crypto) that is ready to pick the pieces when the day does come that this archaic 'survival of the fittest' mentality dies, and our current systems break down.

We are on the cusp of real change, and for now we just have to live our lives in the most positive and productive way we can. It's high time for us to create real security for ourselves, like you have.. It may take years or even decades for real change to come, but when it does I believe great things will be seen around the whole world.

thank you! re-steeming this one!

Excellent comments - thx!

i agree with you @greenman, no doubt so thoughtful comment.

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Excellent, informative and thought provoking article. I also have a very similar line of thinking about the future of crypto and world money management. I am currently in a phase of increasing my investment's weekly with as much as I possibly out it. My holding's at this point include Silver, Bitcoin and Steem with thoughts of looking into Siacoin, Bitshares and/or Kexcoin as I truly believe in these projects.
I remember first hearing about shape shift and thinking, "Wow, this could be a game changer." And I still think it is/will become even more so as you described in your piece. Glad I found this today and I look forward to going over some of your other work as I am still very new to the platform. Good luck with your investments moving forward!

Strongly agree! They are cheap! good time to buy in and get rich after a couple of years!
Good post! Upvote, resteem!

It's really helpful for us , thank you sir .

Please also visit India 🇮🇳 , my birthplace it's really beautiful and great journey for you sir .

Upvoted and resteemed 😊

resteem, thanks for sharing

I already got some cryptos ) thanks for sharing your thoughts, resteem

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