It is said to hit your target, you need to know what you are shooting at.
Many people feel the banks are in full control. While it is easy to admit they are a formidable foe, the truth of the matter is the bankers do not know what to aim at. They believe they do yet they are going for a target that is not the major problem. Essentially, they are trying to root out the symptom while missing the disease festers.
We know the bankers cannot stand Bitcoin. They attack it at every turn. The recent FUD that was spread all over the mainstream media shows this. All cryptocurrencies are under this umbrella yet Bitcoin bears the brunt of their attacks. It is still the one cryptocurrency the masses can identify.
I fully admit that cryptocurrency is a major problem for the banks. However, it is nothing more than a symptom of what is taking place.
If we look under the hood we find blockchain. This is something the bankers compliment in their statements such as "Bitcoin is a fraud but blockchain holds possibilities". Let me state that the bankers do not like blockchain. What they like are shared databases that they control. That is not blockchain. It is more misdirection by bankers to fool the public.
Nonetheless, blockchain is not the problem either. This is the vehicle by which the banks will get slapped around.
The main problem the bankers have is decentralization. This is what upsets their entire house of cards.
To comprehend why this is, it is important to understand the web that these people wove. There is a mesh of organizations that are all controlled by them.
The media is owned by them. This is why the FUD is so effective. The bankers have the capability to spread their message repeatedly across many platforms. Since the masses rarely do anything more than catch a headline or two, this is very effective. If there is someone with a counter voice, the censorship machine goes into high gear to shut that viewpoint off. We are seeing that with the likes of the "traditional" social media sites.
They also control the governments of the world. Controlling the currency means that they control the government. Old man Rothschild reportedly made this perfectly clear well over 100 years ago. It matters little what they governmental system is, all require money. The bankers established an elaborate network which gives them full control over that. Without the banks, leaders around the world have no treasury. Outside of the rare tyrant in some small country, all major economies has this as a foundation.
We also see them owning large chunks of the major public corporations. This enables them to profit off most everything the masses consume. This simply keeps increasing their stronghold over the public while they get richer. Of course, the countries under their control get poorer since they are saddled with debt.
The secret to this scheme is that it is a centralized, highly controlled system. The bankers are at the middle of it all. Essentially, their control is without challenge.
That was until now. We are starting to see the foundation being laid that is a tremendous threat to the elites way of life. Their control is starting to crack and they do not like it. Sadly, they believe it is Bitcoin and other cryptocurrencies which are the problem. Again, this is just a symptom.
The basic problem facing the banks is that their centralized model is being blown up. This is causing more action by them which actually accelerates this process. Isn't it ironic that those entities under banker control are the ones causing the headlines with censorship and banning of crypto advertising? In my mind, this is only helping to promote the idea of decentralization.
I repeatedly have stated that I feel it is a mistake to market Hive in a fashion that touts the money aspect of things. It seems that the message is "get rich quick" posting on this blockchain. Perhaps that is why we have so many leave in frustration.
Instead, I feel we should simply tout the advantages we have over what is offered under the bankers. A lack of censorship, no advertising, absence of data mining, and no hacking are all facets of this blockchain. There is a large contingency of the masses that are starting to wake up to these ideas.
Hive is about freedom. That is something the bankers cannot compete with. Decentralization trumps a centralized system every day of the week. While it tends to give up something in performance, although graphene helped in that area, the other benefits are simply overwhelming. It is for this reason that the banks are essentially cooked.
Their playbook when threatened is as follows:
In this case none of this will work.
Some people get caught up on number 3 believing the bankers could buy up all the cryptocurrency with their fiat currency. While it is possible for them to buy up a particular token, the fact remains they would not own the blockchain. Remember, tokens are attributed to blockchains, which can be forked.
For example, if they went out and bought up the majority of the $HIVE, what do you think would happen? The second word got out that this blockchain was under banker control, someone on here would fork it. And where do you think the 60K daily users would go? My guess is they would start posting on the fork as soon as the new tokens were issued.
This is one of the unique features of blockchains and cryptocurrencies. Although there are a limited number of coins available since it is plugged into the blockchain, forking can happen an unlimited number of times. Essentially, there is no limit to the number of tokens which can be created.
Of course, the challenge in this is that people will actually have to decide to use the new fork. As Bitcoin Gold shows, simply forking does not equate to a large number of people joining the new blockchain. Many forks of this nature will end up amounting to nothing, leaving the tokens basically worthless.
Which is what the banker investment in Hive would be if they bought up the majority of the coins and the masses opted to post another another fork. That token would carry the value, not what the bankers were holding.
This is the essence of freedom. No matter what they try, the masses can do what they want.
Decentralization also has another big advantage; innovation. Under a centralized system, all innovation has to be planned or, at a minimum, approved. Not with blockchain. Anyone can create something and tie it to this blockchain. If the people use it, then it is a success. The community decides what it uses and what it does not.
The fact that decentralization is nothing new tends to give people pause. Why will things be any different? Microsoft made billions by charging people for an operating system on almost every computer sold in spite of their being free operating systems out there. People went with the totally centralized Windows as compared to community projects such as Ubuntu. For the last 25 years, this was the case. What makes me think anything will be different now?
My answer to that is summed by the word "incentive".
People have incentive now to decentralize. The fact that blockchains are tokenized means that one can get paid by using them. While I am not for espousing the get rich quick stuff, I do not see a problem telling someone that, in addition to all the other things I mentioned that Hive offers, one can make a couple thousand a year on here is he or she works at it. Anything after that, should be considered gravy.
Therefore, people have incentive to move away from the centralized, control system. The "get paid to ______________" is a method which we can offer up this idea. Behind it, is decentralization. Each post that appears on this blockchain is one that is outside the scope of the centralized entity called Facebook.
As people move away from the centralized system that are all part of the banker web, the power base becomes spread out. Suddenly, the banks are the ones who are suddenly under attack. It is not a war like we are accustomed to. Rather, it is simply people voting with their feet as they say. Instead, of utilizing centralized services, people opt for decentralized.
And presently, it is in the area of money that many people are starting to make this shift. While the centralized structure is still in place and exerting a great deal of control, we are starting to see things starting to change. Again, money is just one area, the one that garners the most attention. What is truly flying under the radar is the fact that people are joining decentralized networks like they never did before. Ubuntu would have put Microsoft out of business before Y2K if it had the growth rate we are seeing on these blockchains.
The next phase of this evolutionary process is we will start to see decentralized corporations show up on these different blockchains. These entities will not be funded through the banker system. They will not exist on a centralized exchange like NASDAQ. Instead, they will operate, from a financial perspective, on a decentralized exchange while the entire corporation is blockchain based. All decisions will be done by consensus from the holders. Unlike stock, this is not a direct representation of the corporation but, rather, the blockchain itself.
What is a challenge for the bankers is these DAOs will compete with their established entities. Here again, there is a good chance that the advantages offered by blockchain enter the picture. It might be hard for some of the traditional companies to fend off this new threat since embracing change tends not to be commonplace among a lot of the larger corporations.
Therefore, give a little smile each time you see a banker (or one of the henchman sent out to spread FUD) ripping on Bitcoin knowing that attacking that will not solve their problem. Everyday, thousands of people are joining decentralized networks.
And this is the banks major problem.
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