Updated: Jul 28, 2021
Why would a healthy mom pick up her kit and in broad daylight carry this baby to a new den? Something is wrong here. Just like this strange occurrence , we are seeing some strange stuff here in America.
Have you noticed how much everything costs now days? Do you wonder when the price increases will end? If you're wondering about these things, you're not alone. Follow me for a bit. Walk down this path and see if you can tell what has changed to make us do strange things.
I want to show you why this deal stinks. It's called inflation; and it's here because we have printed and spent much more money than we have. Now...the time has come to pay the piper. We've seen this before in many other countries. Their currency failed and they have to take to the road to escape the inflation or just to survive. I hope you will see this as a way out this predicament.
Trigger warnings. This blog post may contain peanuts or peanut products.( or some simple logic ) If you allergic to any of these, please do not read further.
How strange is it to walk into a store, pick out an item and pay for it with a piece of plastic? Or even a few clicks on a computer and you have the world of shopping at your desk? You can shop and choose and pick the best value or the best price, and never worry if the store can get it to you. Much less you have no worry that you will successfully negotiate a trade with the vendor. ???? You don't worry that you will be turned down when you shop on Amazon or when you drive up to the window at Starbutts. What? What do you mean negotiate a trade? When I go shopping , I just pay for my item and walk out the door, or I pay online and it gets shipped to me. WHT do you mean negotiate a trade? My money is good. Are you telling me; You don't like my Money?
If this conversation seems a bit strange; it's because you are looking at this simple transaction thru the eyes of consumer in the United States of America. You go to the store, or you go online and you shop for an item or service. Then you pay for it using US Dollars. This is the way we have always done it. Right? Would you believe that the dollars in your pocket are going stale. In your foreseeable future, a new currency will take it's place. Not entirely, but most of the money in your pocket will go digital. Actually , the majority of your money already is digital.
Do you have a 401 K Plan? Do you have stocks and bonds, or a savings account? And if you do; how many times have you called the bank or your financial institution to go and look at the money you have on Deposit . Go ahead, I'll wait for the answer.
Did you know the 1st electronic money transfer took place in 1871.
Western Union helped broker the sale of Alaska to the United States on March 30, 1867. It wasn’t until 1871 that they added the ability to transfer money electronically to their services. And you thought your debit card and crypto currency was a new thing. Ha!
Electronic or digital money is old hat. We just didn't understand that it has a new and more powerful push to become a household item. Actually, crypto currency is set to become a worldwide currency. Available to the masses in all countries. And this is not a bad thing. Follow me here before you start throwing out the end of the world/cashless society theory/conspiracy memes.
The end of the world is coming... There is no way around it... Until that happens, we still have to eat and sleep and work and play. We need to buy houses and food and drive to work and educate our kids. We will need hospitals and schools and lights and wine and stuff. So; what say you now? I want to go down this rabbit hole a bit more. You, as an educated modern person have all the nice things mentioned so far in this blog. Would you care to share this great life you have with some more people that do not have this same opportunity?
I'm not asking you to quit your job and join the peace corps, or start a mission in Africa to teach kids with no home how to read. You can share your wealth in ways that never before were possible. You can share and still keep your life style. Share with people that don't have a home or have never seen a highway or computer.
People that have no more than a grass hut and a cow or 2 goats. People that travel all year following crop harvests. People than store up fish and game for the long dark sunless winter when no one goes outside. Or people that pray for rain each year in order to survive the summer desert heat. "So, WHAT are you talking about Jeffries?"
I am talking about the opportunity that crypto currency offers to the financially underserved people of the world. I'm talking about a hedge against your dollar shrinking. This strange new path can serve many purposes. Here is one more.
People that have no credentials (almost 80% of the people in the entire world) that can not buy a cow and sell milk because they have no ID or credit report much less a bank or banker. People that could use some solar panels to pump water and then grow a small crop to eat and sell the excess.
Smart and motivated, but lacking in opportunities, not motivation or intellect.
They have never seen a bank or banker, but they do know how to trade and negotiate a sale. Just like you. But they need access to credit and they don't have phone service nor internet.
This is what crypto will do for the masses that live in poverty. Underserved in banking, education, communication, and medical care. All of these are addressed with blockchain technology.
Universal adoption of crypto assets and blockchain technology is a way to extend a helping hand to the people that struggle daily with life and death at the door. They can only dream of a life you take for granted. Also, this is a way to keep your hard earned money from shrinking every day. Does this seem like something that you could get behind if it means you will have to stop using folding money and coins.
Or maybe we will still have the dollars and coins, just like now. They could easily exist along side your credit card or your crypto. (PayPal, Visa, and now Venmo will accept crypto.) Right now ; 80% of all the money in the U.S. is digital. Not printed money, but digital. And it exists on a hard drive in a bank vault or a financial ledger in a Federal Reserve Bank. Greater than 80% of all homes and land and contracts are done with a digital signature and no money changes from hand to hand. This started in 1871.