Do You Live In A Failing Nation? by whatsup

View this thread on: hive.blog | peakd.com | ecency.com

btc · @whatsup · Sep 30 '20

$6.86

Do You Live In A Failing Nation?

![image.png](https://images.hive.blog/DQmVmPe9U36ACv4FyxfydbmPWnWRBrVqnViWqvN54DquqPC/image.png)



What is the solution if you live in a poor country or a country that reroutes all wealth back to a handful of people?

What if you are living in a country that is mostly unbanked?

What if your Nation is crumbling under the weight of it's debt and taking the currency down with it?

Crypto projects like Bitcoin are allowing people to have access to funds 24 hours a day regardless of borders and bad leadership.

Crypto projects like Hive, ETH, and more are changing lives by giving people anywhere with a smart phone or computer the opportunity to earn, exchange, and save.

When Nation's economies have failed. Venezuela and Zimbabwe, Crypto was the bridge, mostly Bitcoin.

I'm not going to fight about borders, I going to work on making them matter less.

At the time of The last Presidential Debate, the price of BTC was at $610, I was really preachy about it at the time.

I don't say much about it anymore..  Currently BTC $10,777

Be kind people.

👍 jphamer1, tipu, newhope, edicted, cryptopassion, geekgirl, adsactly, fredrikaa, niallon11, sbi4, ashtv, isaria, bengiles, steemflagrewards, morkrock, preparedwombat, investegg, richardcrill, steemexperience, blewitt, battleaxe, anthonyadavisii, followbtcnews, logiczombie, toofasteddie, rossfletcher, revisesociology, karenb54, enforcer48, swelker101, bluerobo, stevelivingston, zekepickleman, captainbob, pele23, jacey.boldart, shadowspub, markkujantunen, crimsonclad, payroll, rosatravels, jacobts, clayboyn, memehub, kryptogames, empress-eremmy, synrg, hiveqa, lucious, steemmatt, por500bolos, vieira, lynncoyle1, cryptogee, k0wsk1, lucylin, tawasi, altonos, kingsofa, baah, mrhill, acesontop, savagebits, donald.porter, and 69 others

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aninsidejob	5,828,288,787	100%
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abh12345.leo	757,851,219	60%
pal-isaria	1,928,000,438	50%
gingerbyna	511,521,434	93.48%
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logiczombie	160,122,202,905	27.77%
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ctl001	597,162,447	100%
jessy22	887,759,362	100%
bcm	939,926,809	7.5%
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gmlrecordz	628,533,457	50%
keepit2	1,304,461,954	100%
hiveqa	37,884,040,746	50%
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parung76	0	100%
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@battleaxe · Oct 2 '20

AMEN to that, being kind is free and crypto can absolutely do so much good and empower so many people when the powers that be fail them or are just morons, great post btw
There are some people who have had their lives change one way or the other from this and it's this type of post and the message behind it that keeps me in this cryptoverse

👍 whatsup

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@bearbear613 · Sep 30 '20

$0.06

North America is failing.

👍 whatsup, bearbear613

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@baah · Sep 30 '20

I mean I see non stop construction and development, the growth is hard to ignore but maybe I'm in some anomalous giant region in North America.

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@bearbear613 · Oct 1 '20

$0.03

Construction is simply taxes

👍 bearbear613

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8 replies

@bearbear613 · Oct 2 '20

Dude.. have you ever heard of the term ZOMBIE COMPANIES?

On top of that Government is very efficient with money and spending.. riiiiight? 

PS. I also like how central banks fund zombie corps.. its like real life circle.. j

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3 replies

@whatsup · Oct 2 '20

yeah, slowly but surely.

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@cryptosharon · Oct 2 '20

$0.08

While I agree with most of what you said, in Venezuela, while BTC and cryptocurrencies are enormous help for many people, our economy is mostly balancing on USD and other such foreign fiat currencies. I'm yet to find a shop that would accept cryptocurrencies in exchange for goods I'm interested in.

👍 whatsup

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@empress-eremmy · Sep 30 '20

$0.03

Crypto to the World then

👍 whatsup

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@whatsup · Oct 2 '20

BTC solves this

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@enforcer48 · Sep 30 '20

$0.05

244 years is a pretty good run for any nation.

👍 whatsup, preparedwombat, freezepeach, dandays
👎 atempt, bcm, fersher

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@whatsup · Oct 2 '20

Not bad

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@lucylin · Oct 1 '20

I would say that borders matter. (not in the nationalistic sense).

Countries are the  physical manifestation of _decentralization_

THAT matters.

👍 whatsup

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@whatsup · Oct 2 '20

yeah, I don't think I think we will ever have universal adoption, I think it will be a fiscal tool through upset, financial crashes and opportunities for others.

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@maverickinvictus · Oct 1 '20

This world pandemic really transformed my country, the Philippines, as an almost entirely cashless economy where banks offered zero transfer fees and instant transfers regardless of bank or payment gateway. 
Locally crypto wallet providers still charge a hefty transaction fee and a bit slow in transfers so hopefully they'll get better as the country having experienced that it was possible to be cashless embrace crypto more readily.

👍 whatsup

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@preparedwombat · Oct 1 '20

$0.02

>What if your Nation is crumbling under the weight of its debt and taking the currency down with it?

Oh, if only that was a rhetorical question…

![7C83E497F5ED49BFA20051EF527C8B06.jpeg](https://files.peakd.com/file/peakd-hive/preparedwombat/sfAvMQmR-7C83E497-F5ED-49BF-A200-51EF527C8B06.jpeg)

👍 whatsup

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@whatsup · Oct 2 '20

it more than doubled with Bush, Obama and Trump and will continue no matter who is elected next.. because inflation.  We are way past being able to address it

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@toofasteddie · Sep 30 '20

$0.09

After watching the last Trump/Bidden discussion, I only hope the situation does not become worst around the world...

👍 whatsup, acesontop

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@whatsup · Sep 30 '20

One would hope it could be a wake up call!

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@toofasteddie · Sep 30 '20

@tipu curate

👍 whatsup

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@tipu · Sep 30 '20

<a href="https://tipu.online/hive_curator?toofasteddie" target="_blank">Upvoted  &#128076;</a> (Mana: 40/50) <a href="https://peakd.com/hive/@reward.app/reward-app-quick-guide-updated" target="_blank">Liquid rewards</a>.

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