Crypto Is The Answer

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When you start to take a closer look at the numbers the Governments around the world have so much to answer for as the path they are taking is not going to end well. Some countries are better off than others but when you are talking about an entire year of Gross Domestic Product and are still in debt that is serious as it is literally spiraling out of control.

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The above stats are from 2000 and if we compare to the picture below which is the current figures we can see that in the last 20 years the US National debt has risen by 500% or 5 x which is insane considering how many Governments beforehand have kept it that low. The last 5 terms have basically increased the national Debt by 80% every 4 years. This is highly worrying and no one in power seems to really care. The problem is for every Government in power they are handing over a sinking ship to the next team to continue what is already in place.

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What gets to me is that they know what they are doing is wrong and then they try and stop people getting involved with crypto. looking at these figures you would have to be mad to want to have all your eggs in one basket holding a FIAT bank account. Breaking away from the norm has to be the smartest and only move for long term thinking as this has to all crash at some point. The world economy has to have a serious rethink but it looks as though we have passed that point as how does one fix this? These numbers are too big to fix and even if they started tomorrow trying to whittle down these numbers it would take many generations to get back on track.

The institutions are not stupid and can see what we are all seeing and no wonder they are climbing into crypto. This is not for inflation purposes which was often mentioned but for total security hedging against the world economy in general.

When you have something like Bitcoin that has been the best performing "stock" for the last 10 years by a long way you can't blame them for the drastic change in attitude towards it. Bitcoin is kind of like the saving grace as it gives everyone options that they wouldn't have if it wasn't around. We talk about abundance with crypto yet the FIAT currencies are literally screwed and wouldn't want to ever sell crypto for FIAT as that is a backward step in so many ways.

When economies were so bad wars used to fix this but the entire Global economics is broken and not only the top 10 or top 20 countries as every nation is in serious debt. There needs to be a drastic change and that is changing the way things are done and that is where crypto comes into the picture. Crypto has to be the answer as I don't see any other options left as our great "leaders" have seriously messed things up. There has to be a reset at some point.

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Politicians have long used the paradigm 'throw money at it to fix the problem'. And when taxes collected aren't enough to cover their spending spree, 'what the hell, just go further in debt'.

This mindset of kicking the can down the road relative to debt will backfire and anyone holding fiat will be holding valueless notes. They will be as bankrupt as the countries fiat they were holding.

You are definitely correct in asserting to hold true value, cryptocurrency is the answer as this system is broke beyond repair,

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Crazy how the Governments can just continue spending like there is no tomorrow. There will have to be changes as this cannot continue at the rate they are gathering debt.

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Really makes you wish we had gotten into it sooner doesn't it? Pretty pathetic that they are continuing to let this happen.

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Someone is going to be the biggest bag holder in world history. Kicking the can down the proverbial road will no longer suffice. This is what happens when politicians have the money creation power. It is why blockchain is restoring this power to the individual.

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