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RE: The Dark Side of the Bitcoin

in #conspiracy7 years ago (edited)

Crypto/Bitcoin and even decentralization are just means, or rather tools to achieve freedom. I believe extreme decentralization, not just going halfway, is the only possible way to limit the power of the State over the individual. Your example of Switzerland is interesting and shows how everyone including the controllers benefit from decentralization. The reality is that these things are not a silver bullet to the State. What's important though and what seems like has been let out of the bag, is that these technologies have greatly increased the average person's ability to be decentralized as possible, regardless of what the elite try to do.

In the book The Sovereign Individual, it's discussed that the ruling class will still be there and potentially be as powerful as ever; however for the individual who cares about freedom they will also have the means to live as free as possible alongside a mighty centralized power structure. This is sort of like going back to feudalist times where the informed and self-organizing factions of society lived in "free-cities", where autonomy was relatively more available compared to serfs who either went along with or were captured by the dominant ruling class. So I foresee a world where something like a large majority use crypto aligned with the State backed financial system, while the rest essentially use gateways where they can operate under a more decentralized economy.

Interesting times ahead.

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I think the same. The people above will not let themselves be snatched from power so passively, they will continue to maintain control of the current financial system, but people will have a place to breathe fresh air.

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