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Take Back Control of Your Coins

There is a problem looming in the cryptocurrency and blockchain space in 2020.

Back in 2008, Satoshi Nakamoto gave the world an opportunity for a total reboot of the financial system. A system that has been dominated by intermediaries and toll-collectors that takes a hefty cut for moving numbers around in central databases. You see this throughout the banking system. You see this in the spread between the interest rate when you lend versus the interest rate when you borrow. You see this every time you transfer or trade money. You see this every time you spend money. With Bitcoin and the blockchain, finally the world had an opportunity to bypass financial intermediaries, and take back control of your money.

But then something happened.

New types of intermediaries in the cryptocurrency and blockchain market started to pop up, doing exactly the same as conventional financial institutions have been doing for centuries. The exact same practices of a financial system that has worked out for the few but not the masses are starting to happen in crypto and blockchain.

This cannot happen. It is time to take back control of your coins.

Every time you deposit, transfer or trade coins on a decentralised platform like Blockbasis, you vote for decentralisation. Every time you withdraw your funds from a decentralised platform like Blockbasis, you vote for centralisation, intermediaries and toll-collectors.

The blockchain and cryptocurrency space is a unique opportunity in time to unleash the massive potential society holds when people reap the benefits of their own money. Let us not pass on this great opportunity, and vote for decentralisation.