Modern Alchemy .:. How to Turn Paper Into Crypto

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    ph1102

    Published on Feb 19, 2021
    About :

    I can't believe that I have created yesterday a post about bank savings how they are bad, and today I will deny that statement myself! It's just incredible how things can change fast... So, maybe banks aren't that bad, in the end? Or something else is rolling behind the hill?

    Actually, this is more about some other financial institution and not just banks... If we think about savings from a "noob perspective", why would someone pay interest rates for your money? I think that we have to split these institutions into 2 categories... The first one would be the one that has easy reach to "freshly printed money", and they have ZERO interest in your money... They don't need it as they can create new whenever they want...

    The other category is more interesting, and they have no access to printed money, so they NEED your money... They need it if they have the market to invest in and profit... If there is no market, there is no demand, and there are no interest rates...

    So, with this crazy Bitcoin hype, we saw some big names entering the crypto markets buying BTC and ETH... A lot of rich people have invested a percentage of their personal wealth into crypto... But, what is even better than investing your money in crypto? Investing OTHER'S money and making the most of the profits for themselves... Well, that is happening currently and will be happening even more in the future...

    Check out the video for more details...

    Thank you for your valuable time,

    ~ph~


    Modern Alchemy.jpg
    Created in Canva.com


    Music in video:
    Growing Up by Scott Buckley https://soundcloud.com/scottbuckley
    Creative Commons — Attribution 3.0 Unported — CC BY 3.0


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