Bitcoin helps users avoid the downfall of FTX

OpinionAn open letter for friends and families who are concerned about the future bitcoin due the fiat business practices that led to the collapse of FTX. Except for the fiat currency exchange rate, bitcoin is unaffected. These exchanges and funds are under increasing pressure to sell their assets. This has a negative impact on the bitcoin price. Bitcoin is one the most liquid assets available. You can sell it immediately if you need to. Every 10 minutes, a new block is added to Bitcoin. Bitcoin continues to run unaffected.FTX was all money, money laundering (? ), power, corruption, and trying to get U.S. regulations that only benefit those closest to the money printer. Everyday people were chasing more empty fiat profits. We cannot make a better world unless we stop chasing dollars-based gains and start saving for the future. I don’t know if you do, but I want to create a better world for my children and grandchildren. I don’t like them leaving it this way. These exchanges are all houses of cards. Many more will fail. Although there will be more cryptocurrency exchanges than ever, I am really referring to all things fiat, including banks and hedge funds as well as pensions and 401(k), plans, fiat companies, and so on. Although I don’t have a crystal ball, I can see the future. Bitcoin wins if I believe that vision. It is something I believe. We’ll see. We’ll see. Our financial system and money were designed to be confusing and complex. They don’t want people understanding it because if they did they would revolt. This is why the little guy is always being scammed. This is how it was designed. This monetary system cannot be sustained and will eventually fail. It will happen in our lifetime. It’s happening now. There is another way to do it: Buy, Hold and Use Your Own Bitcoin. Be your bank. There are no middlemen. You and your money are the only ones that matter. Use the system that was created to liberate people, not the one that enslaves them. My vote is with my money. I vote to get rid of these low-vibrational and fiat chains and become a sovereign, free being. I use bitcoin. This guest post is by Heather Everdeen. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.Tagsterms:FreedomSelf CustodysovereigntyFTX

 

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