“No one likes to see a government folder with his name on it.”
― Stephen King, Firestarter
This is the third article I write about Anonymous Bitcoin and, in that sense, I can give for
known to the reader several details of the project. At the end of the text, I attach the reference to
my previous articles about it.
Venezuela: The worst example
I am going to tell you about a terrible situation that is bothering me. I'm Venezuelan. And I am suffering
a crisis of epic proportions. Many of my loved ones have had to leave the country, practically
for the bad economic, social issues, political situation, etc. I tell you that it is not exaggeration that there
is a significant sector of the population passed from a condition of relative poverty
to digging garbage looking for food.
Excuse that terrible introduction. I promise to get to the point:
The Government of Venezuela faces the worst crisis in its Republican history. And I say "Government" for mere courtesy.
With an external debt of $ 103.1 billion and a GDP fall of -5.7%, I think it isn´t worthwhile to report other economic indicators, saying that the unofficial VEF / USD change has had an increase during the present year of more than 600%.
Many governments will be able to give a good face in the foreground to the crypto world, but behind the scenes, I don´t doubt that they will try to retake some of the share of power that may yield to the land of cryptocurrencies. Remember, "Governments" like the one in
Venezuela and Zimbabwe have been able to keep up with their ups and downs, inducing a "happiness sensation" through a
¨ Monetary Artificial Bonanza¨. The majority of the population believes that with the continuous salary increases (product of the issuance of
inorganic money) will be able to cope with the most violent price increases generated by inflation
(basic economy 101).
And what do you think was the response of the Venezuelan State? They approved the decree on the use of cryptocurrencies and the
country's new "oil-backed" currency: The Petro. A news, that, in principle would be a very good one for the crypto-enthusiasts,
clearly, this excitement disappears, being the vast majority aware of the ¨Big Brother¨ mood (to monitor transactions) that can
have, a (centralized) state that is desperately greedy for funds. And this position of Venezuela could be extended (with its various nuances) to other countries when they see their scale of power compromised
A Bitcoin Private Copycat?
Because it is also the result of the bifurcation of the Zcl main blockchain, many would be inclined to make negative comparisons between both currencies. In this regard, Jake Greenbaum (AKA ¨The Crypto King¨) has established that one of the errors of the Bitcoin Private was that its developers could have made a little more effort in being listed in a big exchange, for which, much of its proposal (which was already quite innovative) could not reach the interest of the public (mainstream).
In those days, there was a lot of capital placed in ICOS and scammy projects that offered a very high profitability in a very short time. (And many of us know how bad they ended up mostly). For that reason, it is to be thought that the most realistic and promising projects will be a bit relegated.
Sociologists agree that Modernity entails an inherent change in the basic needs of the individual. Therefore, and because of the exposed in this article, that it is very probable that the privacy coins will very soon stop being seen
like a ¨fashion-geek-technology¨, and they will be very necessary for everyday life in a very short time.
Website: http://www.anonymousbitcoin.io/
White Paper: http://www.anonymousbitcoin.io/whitepaper
Twitter: https://twitter.com/ANON_WeAreANON
Bounty campaign: https://medium.com/swlh/anonymous-bitcoin-anon-official-bounty-campaign-7ea01c3bc4b
Linkedin: https://www.linkedin.com/company/anonymous-bitcoin/
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2173406
My Previous Anonymous Bitcoin-related Articles:
https://steemit.com/anonymous/@lallamacoin/anonymous-bitcoin-enter-now-before-it-s-too-late