My apologies for the slightly obscure reference to MR robot but I think that show perfectly captures the fight that crypto has ahead of its self. So, let’s explore why the future of blockchain is ether libertarian or authoritarian and how we can help this tec find its place as the ray of hope in an otherwise increasing censorious world.
First let’s define our terms what do I mean by libertarian? Well I don’t mean Alex jones (bill hicks), but he is a libertarian, I simply mean a totally free and independent system in which no entity has central control and every person has full control over their finances forget the non-aggression pact and other libertarian ideas we are only using this pollical theory as far as money and the market are concerned. Finally, it’s worth noting that you can be left or right wing and libertarian there are people which are socialist libertarian or capitalist libertarian.
What do I mean by authoritarian well just re read what’s above and invert it.
To give a solid example of an authoritarian society I will use Singapore who have no real democracy as government never changes. I stayed away from using north Korea or china as they are too overused as examples of this no one ever mentions Singapore as being in the same place just capitalist instead of socialist.
In Singapore having your own ideas can get you locked up and beaten (literally) this is an authoritarian society any drug use is also punishable by death.
This is the sort of place that buying the wrong thing or donating to the wrong cause can get you in a lot of trouble if the government so choses. Bitcoin and other cryptos if used right are untraceable and can give the freedom to pay those who oppose the society without the government knowing. Think anything that they may not like, to use china as an example people can bypass the new social credit system by using bitcoin, if you don’t know what the social credit system in china is I advise you do some research as I’m going to bring it up a lot. The social credit system is linked to a person and can prevent them from booking travel living places they want to, any card or bank you pay with is going to be linked to your name and therefore your social credit will show up.
Now you mite be thinking well if they blockchain social credit then they could create a totalitarian system where your money and social credit would be the same thing, and no one would be able to escape it. It’s a scary thought and probably something china and other country’s with authoritarian ideas are already exploring.
Blockchain itself can do away with fraud without infringing on rights but it can also be used to create an unchangeable system of control over money and people. It pains me to say that the latter is becoming increasingly the case. But the fight is not over we the people can make a choice to accept the public cryptos bitcoin and dash are both great choices.
Blockchain will reshape society more normal people need to join this fight as at the moment the narrative is being taken by those only in this for the money or power in case of governments. Bitcoin was called a scam and a poizi scheme by those who it threatens most notice how those same people have begun to champion it as soon as they found out they can control it.
When the internet came out, we weren’t ready for it and only now we are seeing it transform from a tool of freedom to a tool of control. Let’s not allow the same mistake to happen with crypto we have a second chance to remove the systems of power which are beginning to envelop us. The fact that blockchain has the power to break this system of power or make it totalitarian means that we’ve not much time, the future will be decided by this technology the time to act is now. Get involved and help us build a free future not one that increases control by those who we indented to take it away from.
Evil-coin or bitcoin the choice is ours we won’t get a second chance this time.
Welcome to the finance war – SB