Tons of FUD against bitcoin, and much more to come.

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Hello everyone...

Everyone knows that it is nothing new the great hatred and disgust that JP Morgan and the IMF feel towards bitcoin, and this is an example that has been followed by others who have labeled it as the spawn of evil of the global crisis of 2008. And on different occasions, there have been skeptics of bitcoin and cryptocurrencies describing them as frauds or risky.

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But regardless of what these organizations think about the decentralized economy, many have chosen to adopt it and have seen firsthand many benefits and others who want to take those benefits to a greater degree are making very visionary plans.

Like the president of El Salvador who announced that he would use bitcoin as legal tender, which means that the entire economy of that nation would move using bitcoin as the national currency. Undoubtedly an excellent move by the millennial president, but this rebellion is contrary to what is the natural order of what is established by old bureaucrats and anchored to an old system, is a great challenge to Nayib's plans, since what has been proposed goes against what is considered normal.

With this decision, the savior is telling the US banks and the IMF that their services are no longer needed in the country.


The JP Morgan, has already expressed their concerns saying that this example or move can also be imitated by other small nations and that it will eventually lead to a total economic failure like the one that the savior will have and a great nuclear cataclysm to the world economy.

But before giving in like sheep to FUD and fear, we have to think about something very important and that is why I want to illustrate it with a good example:

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Imagine you have a well-established business where you sell lithium batteries, your business produces thousands of billions of dollars a year thanks to sales with major technology companies. But now everything changes when you discover a new element 10 times cheaper than lithium and 100 times more efficient.

How would you feel, if the business that you have had for years and that has given you a lot of money starts to collapse because of a discovery that changes the market? You will surely do everything in your power to discredit this discovery, among the many strategies that you could use is that this new element is very deadly for daily use.

And maybe at first it will work and your sales will be maintained, but when little by little the truth will be discovered, and everyone will know that what you say is a big lie and all those companies that used to buy lition from you will now buy this new element much cheaper and more efficient, and that's how long your business will last.

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But you know what? this is real, it happened with alternative energy, with WiFi, with 5G technology, and with many other things that were a technological innovation that threatened the traditional market.

Well now we are seeing a very similar situation with bitcoin and the other cryptocurrencies, we are seeing how tons of FUD is being spread right now and all because these bureaucrats do not want to lose their billion dollar a year business, they will fight to the death and use all the economic and informational resources at their disposal so that the great truth will not be discovered, that no banking agency, nor the IMF or any other financial agency is necessary for humanity.

So this is what the Savior is doing, they will criticize it in many ways and all so that the other nations will never have the idea of following his example, but something that these old economic bulls do not know is that at this moment information is everywhere, with a simple click you can access to truthful information.

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Imagine that someone on Twitter reads the links you share and is curious about cryptocurrencies? for sure that person will tell 4 more people and so on, and in the long run it creates the most beautiful domino effect where everyone can see that what big brother of the economy says is a lie.

So, at this time and for the rest of the year get ready to see the biggest FUD campaign against the decentralized economy, where the errors of this technology will be exposed with exaggerations and even legal actions will be taken against those who promote them, also be aware that prices will decline much more maybe bitcoin will reach $19K, the war will be very hard, but obviously, we already know who will be the winner.

KEEP BOTH EYES OPEN.

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4 comments
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(Edited)

This...

Well now we are seeing a very similar situation with bitcoin and the other cryptocurrencies, we are seeing how tons of FUD is being spread right now and all because these bureaucrats do not want to lose their billion dollar a year business, they will fight to the death and use all the economic and informational resources at their disposal so that the great truth will not be discovered, that no banking agency, nor the IMF or any other financial agency is necessary for humanity.

Exactly

And good comparison...

Imagine you have a well-established business where you sell lithium batteries, your business produces thousands of billions of dollars a year thanks to sales with major technology companies. But now everything changes when you discover a new element 10 times cheaper than lithium and 100 times more efficient.

The logical impulse is to discredit.
We must all steady ourselves for the onslaught

FOMO AWAY...

But it still does change the facts about bitcoin or cryptocurrency.

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To the victors go the spoils

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