Don’t misunderstand me here… I’m not saying you should get rid of your positions in crypto, but that for everyone to be free from national fiat, you actually need to stop using it in favor of nationless, borderless, censorship resistant cryptocurrencies if the vision of Satoshi Nakamoto is to become a reality. Bitcoin was born at a time when banks had achieved one of the greatest heists in all of human history during the 2008 financial crisis. Since then there have been currency wars and bitcoin has tried to play a neutral role. But it will not be allowed to stay neutral for long.
(credit - Andreas Antonopoulos)
This is because the banking system and governments around the world are now alerted to the developments of blockchain technology but are busy building “permissioned ledgers”. In other words, they don’t want you using currency that they don’t control because then they will no longer have any power over you. It’s the third stage in the five stages of grief (as Andreas Antonopoulos puts it) where they say, “we like blockchain, just without the decentralized, borderless, censorship resistant properties, but controlled by us part of it”.
So now we’re in a race between centrally controlled digital currencies and decentralized digital currencies. If the former wins the race, we will be in for a digital panopticon, probably for at least a generation. If the latter wins, it will give value to decentralization and make national fiat worthless, which of course means that governments around the world will no longer have the money to create the wars and act like parasites.
The source of your power is not the vote, but your money. When you’re able to control your own money and have others use it, you gain power. What fractional reserve banking does is create an allowance for what you’re able to do. As children we received allowances from our parents, then when you grow up, you work for an allowance from the state which is called “social security”. This gives them the ability to tax you and use your resources as their own. You essentially become a battery that powers their system.
If you want to power your own future, you have to stop buying into their system of control. This means using decentralized crypto’s like bitcoin, litecoin, steem, etc, not just as a store of value, but as a medium of exchange as well. For this to happen, at least one of these cryptos has to become the “unit of account”. Right now, that’s the USD. We know that a switch has happened when we no longer ask how much a bitcoin is worth, but ask how many bitcoin is it.
Government authorities and banks are of course not going to fade softly into the darkness, but will fight to remain relevant. One of the tools that they will use is the chaos of the situation to convince you that you cannot govern yourselves. The reality is that you will either learn to govern yourselves or you will cause planet wide extinction. There’s no in between except for the accidental grace that befalls us until the wrong button is accidentally pushed.
Bitcoin isn’t just about financial freedom, but is about elimination of the hazard of human control (aka terrorism), by returning mathematical control back to nature.
Donations (public bitcoin address):
3FwxQsa7gmQ7c1GXJyvDTqmT6CM3mMEgcv
