A Crypto Exclusive World, Would The Government Ever Allow This?
Happy weekend community π₯°π.
A crypto alone world π will mean so much more to every citizen, especially to those who already know what having their funds and exchanges in crypto will bring. I hope to witness the day everyone will not be needing the physical bank for depositing and withdrawing because this indeed will mean we are free from the government who are reap offs in disguise π₯Έ.
A crypto world alone will mean each an everyone of us transacting and making payments online with crypto currencies, receiving money π° in crypto and our savings in crypto and this definitely mean we are managers of our money π°in crypto currencies, but would any government of a country allow this to happen? Most countries are having hard time accepting crypto as a means of transactions because their government believes and know how they will loose access to the citizens money once crypto is allowed to be a means of exchange in that country.
The issues are how the citizens are being reaped off by the government through taxes, levies and fares in many areas and making us to believe they are using the money to repair the roads and maintain peace in the society. But these in turn are all means to steal from the people they are governing . I canβt imagine how the citizens will be the ones suffering while those in power called the government will be enjoying from the citizens through how they impose one fees or the other for citizens to pay.
Why mount thugs called the area boys at every bus -stop, instructing them to collect money from every driver once they load their vehicles π. This money paid to them by drivers in turn is paid by the passengers through high cost π² of transportation. This is robbing Petter to Pay Paul and the citizens has no power to sue anyone.
How about all the charges at the banks ? Every withdrawal attracts charges both inside the bank π¦ and outside at the POS point. The one that baffles me most is why should I pay 50 Naira to a retail shop owner to make payment with my ATM Card after buying goods from him? Goods that he or she has made profit from? The excuse is that the banks are charging them once they operate the POS. So what is the need of the banks giving them the POS? The answer is to continue to reap off the citizens.
My money is still hanging with my bank for weeks now. Debiting customers when POS has declined payment is another issue. Refund back the money must take you to the bank to make complain. All these are strategies to keep stealing from the citizens you can not cater for. A sad situation indeed.
A crypto alone world π will be so hard if government of every nation does not see and embrace crypto as a means to make life become so easy for its citizens and the government too through how quickly money movements and payment transactions can be carried out without hitches both in businesses and personal money management. And this is because the government are not happy with crypto. They are even trying all they could to end crypto which can never be possible due to how its above their power.
They have seen how beneficial crypto world π is. A place where unnecessary charges will never occur and how your wallet is your bank without anyone having access to it. You have access to your money, doing with it what ever you pleases. And the crypto world is a place of opportunities of all kinds that benefits and increases our funds when we save. A very big opportunity crypto has offered so many people.
However, crypto has come to stay and going no where. It will really be amazing if crypto can take over the world π. A means where everyone buy and sell in crypto, earn salaries in crypto at the end of every month pay in crypto to obtain goods which is already going on gradually. The best thing here is that those already in crypto will be the ones to enjoy it more.
In conclusion, the only problem here is what will those without the knowledge of crypto do? Well, they will be forced to learn and those who are old will seek the assistance of the younger ones or a body will be established to handle some transactions for easy accessibility. And soon enough everyone will get use to crypto world knowing that change is the only thing constant.
This is my response to the #hivelearners featured content for week 156, edition 03, tagged βCRYPTO ALONEβ.
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