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The biggest rug pulls have been made by Governments.

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The biggest rug pulls have been made by Governments.

And yet somehow, some governments around the globe are still pushing the old, rusty narrative that Crypto projects are a threat to society, and yes Crypto it's a threat but to the society that they want to keep under they total control. Somehow there's people who still believe that the whole crypto universe it's just a ponzi scheme.

And yes, don't get me wrong, there are some projects on the cryptoverse that are just made for make a rug pull, mostly promoted by celebrities, or promoted on obviously scam websites like cryptomoonshots.

When you see countries like Venezuela, Zimbabwe, Argentina (who once was one of the richest countries in the world, top 5 actually). Those countries have been a victim of the biggest rug pulls that can ever be made on the history of human kind, where they actually made people work their entire life for a scam "coin" who can be printed at their will, and it will be losing value overtime at a rate out of this world. Venezuela it's up to 2700% inflation rate... Can you even imagine if crypto projects would put out of nowhere more and more and more coins into the market, and just keep increasing the ammount of coins available just 'cause they want it that way? The crypto world would be bombarded with con-arguments, and it would be on the lobbyists portfolio arguments to attack the cryptoverse.

Venezuela inflation rate over the years.

Argentina Inflation rate 2020-2021.

Even USA now are showing us from a long time ago, that they are just using their printing machine at their will to keep the government running and not failing into a default. The actual Debt of the USA governments it's sitting at a modest 28,4 trillion dollars, and they will just changing the debt limit and the crash will be just harder and harder.

US debt Limit vs US total Debt.

And, don't get me wrong, but, at least... crypto rug pulls are made to people who freely went into that project. On the otherside, you can't always choose where you are born, and where do you get to work, so you are forced to work for and with a certain currency, and you must only do transactions with that currency mostly your entire life. On the other hand with crypto you can make your homework, and choose what ever project it fits you the most, and make your transactions with that given currency (thinking long term here).

So anyways, just wanted to share a thought, I believe crypto it's way better than any government currency thinking long term, we will see massive adoption as time goes by, and people start realizing that they can now choose, what currency they can truly trust, and they can get out of that shady part of the system where they impose to them a given currency backed by armed forces and government power.

The future it's decentralized.

submitted by /u/isaac_horstmeier
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