Discuss why you are all in one Bitcoin and it is not just for economic gain.
I am stating the reasons as to why I am chose to opt out of the banking world in 2016 completely and go all in on Bitcoin-Inflation forces regular people to invest in the stock market to preserve wealth, because most people are not professionals in investing they rely on financial institutions who have a horrible track record of not acting on behalf of their clients best interest. (There’s a CSPAN congressional hearing of congress asking goldman sachs employees why they sold their clients equities even though they knew they where terrible) (Source this please)-Negative interest rates will start punishing people for saving as in the case in germany where depositors of over 100k euros will be charged for having their money in the bank IMF Plans to try to push -The IMF is already making a case for how to make negative interest rates work forcing a cashless society on its citizens allowing banks to print unlimited amounts of money further devaluing savers money and forcing people to spend (Reference Source below please)https://blogs.imf.org/2019/02/05/cashing-in-how-to-make-negative-interest-rates-work/ -Fractional reserve banking and how banks only have to keep 10% of depositors on their balance. They make money off your deposits while you get very little interest. If you have below a certain amount they will charge you a $10 fee and if you accidentally spend more than what’s in your account they charge you a $35 overdraft which overwhelmingly effects the people most in need, banks make billions off of overdraft every year.- Not your keys not your crypto applies to banks as well. During the great depression 100s of banks went belly up and could not pay back their depositors. The federal government established the FDI to regain consumer confidence but the problem remains. What makes matters worse is that you are at the governments whim, they can freeze your account or impose capital controls to restrict the flow of your money. Current examples of this are in Lebanon (Source) and the most infamous was in the 1930s when the NAZI’s froze every jewish persons bank account. Source: https://www.smithsonianmag.com/history/1938-nazi-law-forced-jews-register-their-wealthmaking-it-easier-steal-180968894/
