This means the money in your pocket is worth less. Your next paycheck is worth less.
Even if you don’t live in the United States, your money depends on the value of the U.S. Dollar. Whether you know it or not.
Cryptocurrency exists to solve this problem.
It is not a conspiracy theory. Playing with the money supply is not sustainable.
For some context, if the $6,000,000,000,000 stimulus package were a GDP it would be the third biggest in the world. — Nathaniel Whittemore (@nlw)
Let’s upgrade money. Let’s stop repeating history. Let’s escape the existing financial institutions.
Bitcoin is digital money that no single entity controls.
There is no government and no CEO. It’s powered by anyone and everyone.
There will only be 21 million bitcoin. More cannot be printed. You don’t have to be manipulated.
Bitcoin is divisible. You can buy 0.01 BTC. You can hold it, send it, spend it, love it. You are in control.Buy Bitcoin
Ethereum makes digital money do fancy things.
Ethereum + digital currency enables new applications and markets, just like the internet + data did.
Financial systems, like lending and trading, are now permissionless and open.
It’s more adventurous than Bitcoin, for better and for worse.Buy Ether
Please, just remember…
Crypto puts you in control.
- Having full control isn’t always enjoyable. The government and banks cannot f*** with your cryptocurrency, but they also do not bail you out, protect you from fraud, save you from scam artists, or provide insurance.
- Digital currencies are still new. Unexpected things can, and do, happen. Sometimes that means crypto loses value, just like the stock market and government-issued money have lost value.
- You earn your income in government-issued money (aka “fiat” money), you pay your rent in fiat, you buy dinner with fiat, so you are still relying on fiat to retain its value.
- You will also be relying on cryptocurrency to retain its value relative to fiat. Please do not purchase more crypto than you can afford to lose.
- Do your own research. Research, research, and then research more. Spend less time on the markets and more time on the magic that creates trust and aligns incentives between total strangers. That’s the real value. You can start with our curated list of resources →