You are viewing a single comment's thread from:
RE: Fingerprints, Eye Scans Now Required To Buy Food In India, As Banks Cut Off Cryptocurrencies
I am not convinced that crypto currencies have ever been a decentralizing of anything more than the data. BITCOIN INC is part of the system and really always has been seeing as the funding came from the system in the first place. Those who own the Block Chain are certainly part of the system. The truth is that the big decentralization hype is a Public Relations propaganda designed to get people involved. Once in the system those who own the block chain can as they have claimed decide not to do business with you or not. Thinking it is any other way makes me crack up!
I think you are right. It was the plan all along, as predicted in the 1988 Economist cover. Until a world wide fed controlled crypto currency is established, all the current ones will be used to transfer and eliminate wealth. Then bitcoin and such will be outlawed for money laundering or terrorist financing reasons and replaced with a "safe", digital global one.
Even this virtual world is a part of it. Seeing as they destroy the morals of the society through the immoral use of steem power (Achilles 'Heal). Giving those with the most more social power. Societies as a part of there fundamental make up limit the powerful in favor of the less powerful, for the comity, peace, and security of the whole.
I'd say money corrupts, Period. The system of monetary reward for posting is IMHO already corrupting honesty and integrity. The small fish suck up to the powerful ones to get rewarded with a nickel.
But it appears as if most of the guys in the "conspiracy" crowd here on steemit are not in for the money but because of the opportunity to exercise uncensored, free speech, which is why I am here. But even here one can observe quite a bit of butt kissing...
The butt kissing is the evidence of corruption to my mind.
I note that the pandering you refer to isn't caused by rewards, but by stake-weighting. The suckups suckup to phat wallets, because they hope for phat updoots.
I have a very nuanced perspective on this question. I know many of the early bitcoin adopters and devs, and have been following the cypherpunk movement since before bitcoin was a thing.
There have been crypto anarchists who have been pushing for an electronic tool that can be used for having undetected trade for a very long time, we need that tool, especially in the age of the internet and especially in areas of the world where people face wealth confiscation
there are evil forces in this movement too, and there are good forces
there is a difference between digital currency and crypto currency
some of the best research explainging this idea a bit better is from james corbett
https://www.corbettreport.com/bitcoinpsyop/
John after listening to Corbett report I do understand that tools of every kind can be used based on the intent of the person. For me I have always understood this to be true. I operate based on facts that I can determine to be true.
Fact: BITCOIN is a corporation that is traded on the NYC exchange, and undeniably part of the system, which is morally depraved.
Fact: who ever provides access can decide not to at anytime.
Fact: While you may be the only one who can access your wallet, it is for certain that before such is provided one must be identified through, email, phone#, and I.D before access is granted.
Fact: That identification may or may not be for the purposes stated and terms of service can be changed.
Fact: Full disclosure is not possible seeing as human beings do not know everything that can possible occur and is why in a perfect world force cannot be used to insure a responsible party to a contract. Use of force by a third party is actually proof of invalid contract, seeing as a contract exist at the point where it is paid.
The truth is the electronic way of doing business has so many problems that Bitcoin can be used to solve. Hopefully people will learn to tell the difference between a real contract and the extortion that our courts represent? Society doesn't have a good track record in this in my opinion.