Bitcoin is the Antidepressant of Money
Crypto-finance is changing this desperate situation. People can now enjoy finances and financial topics. They want to learn more about it. They can feel that their money is valuable. The emergence of cryptocurrency has made this possible, especially through Bitcoin, which offers fun and excitement. It is based on sound money and a sound payment system. It incites potential for innovation. But above all, it is not debt based. Bitcoin encourages happiness.
This happens because of Bitcoin’s programming. Bitcoin is decentralized and not controlled by a group of actors who can manipulate it and confuse people. Bitcoin spurs incentive to learn about its protocol and creation process. Since there is no authority confusing people with complex ramblings on a fiat system, Bitcoin beginners can rely on their own judgment and knowledge. They will actually want to venture out and gain comprehension. This fuels the discovery process, and thus people begin to manage their finances without anxiety and fear.
The Bitcoin platform is open source and transparent, too. Anyone can alter it so long as the network unanimously agrees on the change. This is ultimate democratization of finance. This simple idea sets the precedent for an enjoyable financial world, because people do not have to feel like slaves to money. They can feel free to alter the system through a process of consensus, or they can simply create their own cryptocurrency to compete for space. The current financial system is built on financial totalitarianism, where only a few currencies in a given region are heralded as the only viable option, and other currencies are potentially made illegal.
The other exiting property of Bitcoin it is its deflationary nature. Since fiat currency is debt dependent, and can be printed at will, people do not consider saving it. This makes them unhappy. Bitcoin, however, is based on a protocol that sets a limit on how many units can be put into the ecosystem, which is precisely 21 million. So people know for a fact it is valuable. This incentivizes savings. This denotes that Bitcoin is the antidepressant of money.
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Bitcoin Gets all the Gals
A New Kind of Person
The aforesaid reasons are why society will start seeing a new breed of person emerge. This individual will be the kind of person who wants to hold money. This person will stake his life on it. It will be the kind of person who feels monetary freedom, and has interest in all areas of finance. This will not be a person who is burdened by debt, and taught that money is evil from an early age. This type of person will be a potential entrepreneur, and who will have a real grasp of economics.
This won’t occur because people had to teach him money, especially in the humdrum and boring way that it has been taught. It will be because he was brought forward in a different kind of economic age, where money is truly scarce, and it is something to be appreciative and respectful of. This is the person of the future, a person who will truly enjoy finance…maybe even love it.
Learn about the Fed and Fiat Money Here: https://www.bitcoin.com/en/bitcoin-news/590739302839148931-how-cryptocurrency-can-abolish-the-fed-part-1-what-is-the-federal-reserve-systemDo you think Bitcoin will spur people to be more financially savvy?