Crypto terrorists: the decentralized giant

When do you think it will start? When will we the people be classified as enemies of the state, all states? When will the citizens be labelled terrorists by their own governments for supporting crypocurrencies?

The U.S. House of Representatives passed a bill on September 26 that would establish a crypto task force to combat terrorist use of cryptocurrencies, public records indicate.

According to public records published on the official online database of the U.S. Congress, the new version of the bill has been passed by the whole House by voice vote.
source

How often does the House of Representatives pass a bill supported by the whole house?

From the US government perspective, as soon as something crosses into the bounds of terrorism, there are no longer boundaries. The continual giving up citizen rights in the name of security has seen to that and now it is an at any cost process, and the cost is our privacy. Any perceived threat to national security can be investigated and bringing cryptocurrencies into the legal framework under the broad umbrella of "terrorism" means that all action is permitted, all methods.

The narrative of decentralization even aids their cause as it behaves much like a terrorist organization, no head, compartmentalized, anonymous and of course, encrypted communications. It is not hard to get ignorant public support to hunt down the Bitcoin terror groups. Tell me, do you know if any bitcoin you have ever traded has ended up in the hands of a terror group?

As previously reported by Cointelegraph, during a Sept. 7 U.S. Congressional hearing of the Subcommittee on Terrorism and Illicit Finance, FDD CSIF director of analysis Yaya Fanusie claimed that crypto is a “poor form of money for jihadists” and “cold hard cash is still king.” According to Fanusie’s conclusions in the report, terrorist groups such as al-Qaeda, the Islamic State, and others have not had great success in raising funds through cryptocurrency.
source

Tell me then, if several weeks before the bill was passed experts stated to Congress that cryptocurrencies were a “poor form of money for jihadists” and “cold hard cash is still king.”, why was the task force created?

They don't care about terrorism, they don't care about crypto. What they care about is the last quote; “cold hard cash is still king.” It is not only still king, it is they who have the Kings ear to whisper into and hand to lead where they choose. Decentralized currencies are a threat to their source of power, the economic control of citizens.

It won't be long until the sanctioned searches begin and some harsh examples are created or engineered to make it look like what they are doing is in the name of security, in the best interests of citizens. It will be a continued but ramped up attempt to undermine the legitimacy of cryptocurrencies as a contender for the throne. They will ridicule it and punish those who support it but, it won't matter.

Because even as they restrict, it will continue to spread out of their reaches all over the world and slowly be adopted for usage by small users and the odd large entity across the globe. And the technology, they don't want to lose, there is too much value in it, too much opportunity. It will be their own greed that is their downfall.

Perhaps we are on an ultimate path of decentralization that started long ago. From church control forking into church and state and then forking again into church, state and bank. The church has lost favor to state and bank as they collude heavily, but perhaps they are beginning to get too ambitious to maintain their partnerships.

Maybe the state and bank have a growing divide in the power sharing and each wants to maintain singular control. The state is at the disadvantage in this opportunity though as they have tied their power to the bank they draw value and rely upon to fund their enterprises. The banks however see an opportunity to cutaway the dead weight, usurp the throne for themselves by forking out their long-time partner.

It is the state that relies on fiat, not the banks as they can trade in commodities, they can trade in anything of perceived value including cryptocurrencies. If they are able to play their cards right, they will be able to take a step past government and not just be financiers with equal stake, but controllers with provision provided at their leisure.

But, they still need the governments, they need the enforcer of legislation and dealer of fear to control the space so it does not get out of hand, so they can maintain grip without it fractaling into cells it can no longer maintain sight of. The game they maybe playing is a risky one though as it depends on a variable they think they know; us.

For a thousand years they have held us in their grip, trained us, punished us, directed us - and we have followed, we have supported. We have not bitten the hand that we have been led to believe feeds us, while like vampires they suck our value dry on an intravenous line of credit.

But, their value is us and the only reason it holds sway over our thoughts and behaviors is because we have been led to believe that we as a group are incapable of managing ourselves, to holding our own value and directing it to where we want it to go. But for the first time in global societal history, we don't need them.

Their system is fundamentally flawed, it is centralized it is slow and, it is us who give it any value whatsoever through the purchases we make. What happens when we realize that we have an alternative? What happens when our bank loans are blockchain investors, our insurance coverage is crowdsourced globally, the businesses we own and frequent accept the new values? When we have a self-funded universal basic income, medical research, social capital to spend where we choose?

What happens to the value of the dollar when what we used to buy with fiat we use crypto only, when the businesses from small to large decide that the banking fees are too high, the loan terms ridiculous and there is alternative funding available? What happens when the only alternative for citizens to make their daily purchases is through the stability of crypto as the fiat currencies swing wildly in the wind, useless, powerless.

Maybe we are terrorists in the eyes of those who believe that the security of state and centralization is superior. The people who think nationalism and statism are secure. Those who live via proxy, outsourced decisions, the controlled and the controllers.

Are we not going to change the way of life they are accustomed to? Are we not going to tear the fabric of society they are comfortably wearing. Are we not going to change what it means for them to be a citizen, a member of a community? Will they feel liberated if we get our way or oppressed in defeat of what they knew and loved, even though what that was, was making them ill?

The world is changing and it is being attacked at the most fundamental source of power, the financial systems that are in place to draw from the pool of citizen value to line pockets, finance wars, control nations and oppress many to over-reward a few. There are games at play that will affect the highest levels but will be played at the lowest, in the trenches except that this time, rather than mere peons, we are decentralized decision makers with power and responsibility to choose our own path though the buying decisions we make and the medium we use.

What the centralized powers have failed to grasp is that without us, they are nothing. What we have so far failed to grasp is that we are able to now control our own value and do all the things that they have done for us, without them.

We are the sleeping giant. We are maturing. How long until we awaken?

Taraz
[ a Steem original ]