If you are itching to get into investing but you don’t know where to look, what helps me decide if I want to allocate time to learn about something is simply the ethics backing a project. There are many problems with our traditional financial market, you don’t have to stand too close to realise the game is permanently set on hard mode, and policies boasting financial benefits for the public seem to consistently flow to a small number of benefactors. If there is one small thing that irks me I try to pay attention in the beginning, and if I see any more actions that highlight this 'irk' - I take my business elsewhere.
One year post the 2008 Global Financial Crisis, a famous excerpt from The Economist read: “Having spent a fortune bailing out their banks, Western Governments will have to pay a price in terms of higher taxes to meet the interest on that debt. In the case of countries (like Britain and America) that have trade as well as budget deficits, those higher taxes will be needed to meet the claims of foreign creditors. Given the political implications of such austerity, the temptation will be to default by stealth, by letting their currencies depreciate. Investors are increasingly alive to this danger…”
Because of recent and continued disruptive global events, people are now looking for more stability in the currency they use, and therefore looking to invest in opportunities more immune to bad policy, banking practices or deceptive tactics. The consequences of a big financial failure or a strained economy is always felt by those that can’t afford it. You have a lot more power behind you than simply changing your social media tile to demonstrate your support for causes. You can choose to reward those who deserve it with your money. You vote every day. Every time you buy clothing, food and sign up to social media with your clicks it all counts. A lot of us are accustomed to buying more ethically once we can afford to, why not shape the future world you want to be a part of. Hell, if you like somones article on PUBLISH0X make sure you tip them on the bottom of their page. It's free, no cost to you but encourages the author to not only hone their skills but demonstrates support for their original ideas, passions and opinions. You can learn more about the process
The crypto space is very new and malleable right now, organisations who don’t essentially put their crypto where their mouth is, or overtly re-neg on protective customer practices due to external pressures gives you some insight into the internal company principals. Whatever verbal sugar coating some companies are spouting to right now regarding screwing people out of their own money, you know better. Don’t let anyone pull the wool over your eyes. New companies need to understand the nature of a freer market. The money we spend now, will shape the world we live in tomorrow. Remember, in a competitive market like this you can always take your money elsewhere..
