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    Home»Cryptocurrency»Gilded Age Greed and Golden Bitcoin
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    Cryptocurrency

    Gilded Age Greed and Golden Bitcoin

    adminBy adminMay 28, 2022No Comments6 Mins Read
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    Dr. Riste Simnjanovski is a lifelong professor of public administration at the University of California Baptist. More recently, in a study published by him, he is investigating digital assets in the public and private sectors.

    In 1873, Mark Twain and Charles Dudley Warner co-published the novel “The Golden Age: Today’s Story.” Perhaps as a result of a direct attack on American politics, the text has not received the perception it should be, but it’s a great literary work that Bitcoiner might find interesting. In any case, we encourage our readers to take a look. The correlation with what Americans are facing in 21st century politics seems to overwhelmingly reflect history. In my opinion, the correlation with Bitcoin is easy to find.

    One of my favorite Twain quotes says, “Let’s say you’re a fool and a member of Congress, but again …”.

    Lesser known as Twain, Warner, who was a bit aggressive and vulgar at the time, was unconvincing and, if not true, satirical. If Twain had a Twitter account, he would have millions of followers and probably the same number of voice opponents.

    The deep-seated corruption of American politics at all levels is widespread and systematic. All views agree that corruption exists, government officials choose winners and losers of the business, and the business gives back by funding the next “elected” civil servant. Ironically, the real era, the post-Civil War America, is literally defined as the “golden era,” directly quoted from Twain and Warner’s satirical books.

    The gold plating process is very simple. To create the illusion of wealth, take something of little or no value and apply color to it. You might imagine a tin coin painted in gold, similar to a gold coin.

    At that time, what seemed to be a booming economy and industry era for the whole of America was, well, gold. There was a large disparity between the rich and the poor, and some circles focused on materialism.

    Wealthy people funded their empire behind the poor, as local and national politicians did. Some may argue that it hasn’t changed much today. Such financing methods have widened the wealth gap and created a luxury lifestyle extruded in the face of the hungry working class. What looked golden on the surface wasn’t worth it underneath. How often have you witnessed politicians finally pass a law that turns taxes into dividends for personal portfolios?

    Don’t let your business professor preach that this era was a once-in-a-lifetime economic boom in America — these moments defined greed, slavery, and corruption. Ordinary Americans were little or no reliable. If Bitcoin was present during the Guilded Age, the government itself may have been considered a sitcoin. recently, Luna’s collapse It is a reminder of this corruption and greed. As always, Bitcoin is different and the importance of this is brighter only when a more centralized fraudulent project collapses in a genocide cascade. No matter which side of the aisle you are on, if you are targeting the other side, you are not paying attention. Greed is non-political.

    During the year 1870 to 1900, The world has noticed that America is booming (for some). The result was a large migration to the west. Native British, Scottish and others bravely embarked on a terrifying sea and land journey to secure new opportunities for prosperity. Unfortunately, many of these talents were wasted, as immigrants worked primarily at large companies such as John D. Rockefeller’s Standard Oil, Cornelius Vanderbilt’s Railroad, and Andrew Carnegie’s Carnegie Steel Company. (For those who didn’t realize it, Carnegie Steel eventually became JP Morgan’s US Steel monopoly … and the oil tycoon is also deeply rooted in Big Pharma. Many medical products are oil-based. There is a reason to have. Bitcoin.)

    Perhaps Twain and Warner were working on something in recognition of the inequality of this period. Guild Age was, in many respects, a political corruption disguised as freedom and opportunity. Has there been any change, or has the veil and tactics simply been updated?

    The Bitcoin community has a popular phrase, “fix money, fix the world.” What if Bitcoin existed at the time and the excess currency earned by workers was stored unaffected by political corruption, confiscation, inflation and political parties? Technically, only gold and silver existed at the time, but many of the poorest people in the country couldn’t even buy some of the coins. With Bitcoin, you can buy fractions of coins.

    I propose that Fiat is the golden currency, the centralized protocol is the golden project, and society is witnessing the lack of proverbial paint in real time. As the media makes us believe, there are no misfortunes facing society. The misfortune is that we noticed that everything we sold and the currency we needed to buy it was all gold. Many politicians themselves are golden. If Fiat’s personality was an issue, they would have followers on Twitter who wanted their golden color.

    Yes, fiat currencies are important as a medium of exchange, but they are terribly valuable stores (and will continue to do so). The deflationary aspect of Bitcoin, specifically the fact that there are only 21 million Bitcoins and the rewards for mining coins are cut in half every four years, is the fact that people who do not own Bitcoin It just makes the asset purer for you. They look back on history and become exposed to Bitcoin. The economic crisis that is happening throughout 2022 only mint more bitcoiners.

    Bitcoin modifies money without the need for gold plating.However, Bitcoin is Unfilled soul By providing humanity with the opportunity to pursue their true purpose? My recent assumption is a society that does not trust the golden reality and may question their own existence.

    Before article When Book, I have dealt with an unsatisfied soul, but how can fixing money help the soul, can you deal with this problem in the golden world? We suggest that these concepts are not interdependent, but they may be interrelated. Yes, corrupt people with more resources spread corruption. But what about good people?

    What if good people with good intentions, strong values, and a solid moral compass could access the same resources that the Robber Baron did during the Guildid Age?

    What does the world look like? How about politics? work? industry? your family?

    The quiet Bitcoin community (QBC isn’t a trend on Twitter) recommends turning your back on centralized projects and adopting Bitcoin to build new routes for the next generation. To do.

    These newly built Bitcoiners are not gold-plated, are genuine, and are truly disappointed with fraudulent projects and centralized desires. Many of the “crypto communities” are becoming bitcoiners as they move away from paint chips.

    This is a guest post by Dr. Liste Simnyanovsky..The opinions expressed are completely original and are not necessarily BTC Inc. or Bitcoin magazine..

    culture Fiat oil opinion Politics satire
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