4. The toxic power of VCs and the Financial Industry
Crypto is a curse and a blessing
1 ) While crypto allows for gains to be individually secured, interest generated and a certain level of privacy, it also opened the door for all fraudulent companies already perverting the idea of open economy and liberal capitalism. We need a shift to an open but carefully planned economy, John Keynes used it to rebuild Europe after two devastating wars.
2 ) The blue collar, working class populating our supply chains, operating our machines and keeping our economies afloat, should be given equal opportunity to hold and capitalize on companies they support, invest their time and money, and believe in.
3 ) Toxic VCs and investment funds should be largely excluded from public raises since the distribution of stock to the very own native community of a company allows for genuine support. The prestige and simple joy gained by supporting something you chose to follow voluntarily will always outperform the so called expertise of hired agencies who are overpaid, unmotivated and lazy.
The idea of decentralizing the hiring and global job economy is the future, which we chose to believe in.
Dr. King had the right hunch, he felt the movement of the world, he lived in a time where TV was used as a medium to show the public the atrocities the US was commiting in Vietnam. For the first time people were able to see the truth. Similar to the transmission of information through TV and Radio, the internet, an original military application gave us the tools to operate business from anywhere in the world. SImilar to the Dotcom bubble people have their doubts in blockchain and rightfully so.
The medium that will now again change our world, accelerate the wealth distribution of this century and maybe ultimately even the millennium is infested with parasites.
The crypto pest has several forms and symptoms. But the driving force is the financial industry. Namely VCs, family offices and hedge funds. The very instruments of banks, governments, colonizers and conglomerates using their multi corporatist network to enrich themselves on the back of the powerless. These monsters pushed regulators to allow crypto assets on the stock markets since they didn’t want to miss out on their gains.
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