"The Bitcoin Psyop?" I hear you shout....."WTF?"
Although it may appear click-baity, the title actually isn't 😁. It refers to James Corbett's description (from Jan 2018) of what is going on behind the scenes, as presented in his excellent video report on the subject. It seems more relevant now than ever! For convenience, I have embedded the video at the bottom of this post.
The 'psyop' does not refer to BTC itself, rather to the (deliberate) move - much more obvious now than it was in 2018 - to present centralised blockchains and digital currencies as if they were Bitcoin-esque, and thus tricking those who might not know otherwise (...a VERY large chunk of humanity??).
Whether one perceives the current covidrama as a massive plague threatening humanity's very existence or as a fearporn pLandemic used as an excuse to exert more and more control over human affairs, it ought to be pretty clear to us in this decentralised space that Big Finance is looking to move in on the crypto game in a BIG way.
There are plenty of folk on the blockchain talking about Central Bank Digital Currencies (CBDCs), proposals and preparations to roll out digital versions of national currencies; and other issues like the 'cashless society' and various forms of digital universal basic income (UBI). Global giants like Facebook are in advanced stages of issuing their own centralised digital token, Libra.
This ought to sound like music to the ears of those already in the crypto space - we're the early adopters after all right? ...and since they're copying us, we're miles ahead and bound to benefit....right?
However, there is a big catch - an issue that is hidden from those who do not, cannot, or choose not to see it. The catch is the massive issue of CENTRALISATION, and with it, the central control over an on-off switch which can be hit by those who press those centralised buttons.
Yes, the blockchain is truly revolutionary. Yes, bitcoin is Tulipmania 2.0. Yes, cryptocurrency is a nail in the coffin of the bankster parasites. Yes, digital currency is a tool of the totalitarian tyrants. No, these statements are not contradictory. But don’t worry if you think they are. You’re just a victim of “The Bitcoin Psyop.” James Corbett
I consider myself to be part of a decentralised blockchain where there is no middle-entity through which I deal. When I transact, I do so peer-to-peer in a trustless system. I am responsible for my keys and assets and uniquely have full control over them. I am my own banker, my own publisher and my own publicist. I can network or not and do it in a manner free from censorship. My funds cannot be frozen by anyone, no matter how powerful in the physical world.
But that is because I am on a truly decentralised blockchain called Hive - a 'trustless' space, where there is no need anymore to 'trust' third-party institutions with funds or secrets in order to conduct transactions. I am, in this scenario, in charge of my own destiny.
Not so in a centralised system, which may resemble what we have (or what Bitcoin offers) at a superficial level (the label 'digital', the term 'blockchain'), but it is a system which fundamentally functions not so differently from the system it purports to replace. The middle entity may no longer exist, but transactions - like we have here on Hive - are by no means peer to peer. Control over assets by the masses is the illusion, control over assets by enormous central entities the continued reality!
Is it likely that the Powers that shouldn't be would relinquish 'power' voluntarily? Is it likely that 'power' will not be abused? Does any of this happen in any human domain, especially where money is involved?
The many who may have heard of Bitcoin and the benefits of the blockchain - or not - (and who may soon to be caught up in crypto-mooning FOMO) who go on to trustingly adopt CBDCs and centralised shitcoins like Fakebook's Libra, are, as Mr Corbett declares, victims of 'The Bitcoin Psyop'.
I'll leave it at that with a strong recommendation to watch this cracking 30 minute report. It's an eye-opener! Further info, transcripts, resources and sources can be found on the corbettreport.com website. The embedded video is from PooTube, so if you'd prefer not to give them your clicks you can watch it here on bitchute.
