Capitalism’s distinction from economic ideologies is that anyone can enter a market, leverage their skill set and have an equal chance to climb the ladder based on their performance. A dictator, ruler, or union doesn’t decide how much your work is worth; the free market does. Some proponents of economic ideologies often mislabel free market capitalism as just another ideology, but they couldn’t be more wrong. Free market capitalism means that the economy is devoid of the regulatory environment required to enable groups or individuals to impose their theories on how an economy should be run through regulation, coercion, or force.
The Dogecoin cryptocurrency was Founded in late 2013 with branding that played on a cartoon dog. It quickly became a hit among the younger participants in the cryptocurrency community. Based on an internet meme, Dogecoin’s founders exploited this brand recognition among their target audience, and it worked! The website Dogecoin.com was first published as a joke, but after it went live the website’s publishers were approached by a developer who offered to compile them a Dogecoin-branded QT client.
Aside from the painstakingly obvious differentiating factors such as total supply, algorithm, and name, there are several distinctions between Litecoin and Bitcoin. Although Litecoin’s leadership and community often sells itself short by dubbing Litecoin as ‘the silver to Bitcoin’s gold’, it has several distinct advantages over Bitcoin.
“If at first, the idea is not absurd, then there is no hope for it.” – Albert Einstein
True to the words of Albert Einstein himself, DNotes global digital currency – a perceived underdog among industry peers – has often received short thrift from naysayers who have yet to formulate a valid argument against the currency. That’s primarily because they haven’t taken the time to fully understand it. After all, DNotes is not just another cryptocurrency, though it is easy to overlook the uniqueness of DNotes’ path because of the sheer massiveness of its scope. DNotes is not just simply targeting niche markets like apps or software, but instead is focused like a laser on becoming the global digital currency of the future
Governing bodies have been the sole arbiter of sanctions and stimulus for too long now, and the people have very little control over economic matters that affect their own lives. Ordinary people often lack a voice on the stage where these matters are discussed, and even if they had a voice, they have no real leverage to bring to the negotiating table. Most ordinary people face heavy burdens from debt, liabilities, lack of liquid assets, many fail to grasp basic economic concepts, and there are a lot of people who couldn’t care less. It is high time that people who do care take back control of their own lives, begin reducing nanny state economic controls, and embrace the free market on a society wide level.