The Chinese people are now able to make a statement
Hi people.
With the government regulating and banning ICO's lately, like is described in tons of posts in the last 3 days, I only have one thing up in mind which is:
Now is the chance to show the world has enough of high positioned suits and ties say what people are allowed to do and what not!
The whole decentralised perspective of the blockchain technology's are bringing is that there is no central power to say how to live and not to. The original concept of bitcoin, the meaning of it is to checkmate those powers consisting of a few souls who control and decide for the mass on how to live and behave. So with this Chinese government banning something the public wants or likes, is a chance to proof that blockchain technology is unstoppable and the time of mass control has come to an end.
There are BILLIONS living in china, allthough a very small percentage is known to centralized services and currency's yes, the consensus is growing. It's a pity indeed that the amount of scams and ponzy schemes is growing, and especially in china where there is a lot of counterfeit destroying the trust of the public for homegrown products ''made in china'' on a scale that chinese people rather buy stuff for a higher price when it's branded by a western european label than when it's made in China themselves... Like Jack Ma from Alibaba calls it, that counterfeit products are a 'cancer' that needs to be treaded for whatever the costs are...
But a government banning things, things that people like and want, that bring opportunity, that add to freedom, that stand for freedom is just something to get mad at. The people of china, a billion+ people are controlled by just a few thousand in the government... and it seems they are okay with it. Never forget the true hero and first ever that in public showed to have enough of the bullshit.. the world sees this hero as a legend too! TANKMAN!
Now it time to show that no government ever is going to decide about people using the blockchain technology yes or no, the problem here are the ICO's that are in schemes a lot. Why not make a petition or install a decentralized regulation or investigation party chosen by the public and transparent to follow in their works who investigate the ICO. Or give rules made by the public about what informations and dedications or actions the people who are behind projects need to commit to when having an ICO. Like lawfully decide the amount of communication to public, the state of developments, a reduced or limited holding of shares and minimum amount of years to hold those share like IPO's have too instead of banning it completely.
The chinese are the first to show here that decentralisations via the blockchain is UNSTOPPABLE and that the governments are completely out in these days when it comes to freedom and finance. If the chinese people don't do anything about it right now, then I fear that the US criminal government is following very soon. The CIA who is actually the US government is the worst one to trust anyways. Those criminals start unfair and unnecessary wars each decade with some lame excuses anyway and if bitcoin and blockchain technology really becomes a threat to their love of killing or for their god called the dollar than it will be easier for them to fuck up everything that has been created by us after our father satoshi released the original whitepaper of bitcoin. And when that happens we are all back to zero and all of our dreams go up in smoke.
So main of this story in my believes is that China here tries to put the first domino stone down and when it falls the governments worldwide will follow. And when they succeed bitcoin will fall and all was for nothing and we will go back to the stone ages again and be nothing more than tax slaves for ever.
So to the people of China I want to say: Don't be pussy and respect yourselves and your freedom more than submit to suits and ties that are not even elected by the public.
Correct me if I misunderstand completely btw.
Peace out and steem on!
Crypto will be the revolution of the people!
I hope so! We all need a revolution!
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