Disclaimer: this story was not sponsored by your government
FUDers, whales, rug-pull, scam, to the moon, eat the dip, it’s mooning, buy now or cry later, FOMO, pump it, dump it, hodl, build…welcome to the crypto space!
Are you tempted by crypto? Does the current bear market sound like a nice entry for you? Want to join? Ok, all you need to have is nothing, all you need to be is no one, and all you need to know is everything.
So now that you are down for it make sure to pick up a picture of your grandpa in the fifties and set it as your profile picture on Telegram. For your username, anything can work as long as it’s not your real name. Buy a token, join the chat group of its community, and get ready for a rollercoaster ride where you will have to bring your oxygen tank with you to dive with the big whales, your best salmon from the fridge to give to the bears when you visit their caves, and a solid iron shield to protect yourself from the sharp horns of the merciless bull.
I like those telegram groups. They are sometimes very organized and friendly. No one would ask you about your hometown… no one really cares. The bots make it easier for admins to ban the wrongdoers. The groups have specific rules everyone follows, and whenever there is a decision to be made, it’s up to everyone to vote on it. They have incorporated a sort of decentralized governance into their way of communicating and sharing value amongst themselves without the need for a Big Brother.
The Crypto Space Is A Metaverse On Its Own
Some people still doubt the existence of the crypto space, while others have started selling their own real-life assets to start living in this metaverse. Because, yes, crypto on its own is a metaverse — it’s a parallel world where there are no limits to how money moves. In some countries, you can still be asked for a paper proving that you are alive to have access to basic public services. You standing there in their oﬃce is not enough proof.
This crypto metaverse has also allowed a 12-year-old Indian boy to launch his own decentralized exchange with a TVL of more than $1M. People go into his platform, deposit X token and get Y token without having to prove that they are conforming to the X regulations of the Y country that is following financial laws established in 1888. I must say that this metaverse is not like any metaverse because this one is real!
Crypto Means The Value Of The People!
Living in a democracy is not enough. People need to access value, move it around freely, and get the most out of it. And everyone should protect that.
People always frown at me when they realize I’m an advocate of CBDCs. People are worried that the state would eat their life savings, and they fear a similar scenario to the one that happened in Cyprus in 2009 when Cypriot banks were ordered to confiscate all customer bank deposits in excess of €100,000 and send them to the Bank of Cyprus. Because that was the only way the EU finance ministers could lend Cyprus money.