Can we tolerate a bit of crypto musing today?
Bitcoin's distributed and decentralised design stands in pretty stark contrast to traditional power structures.
Consider the gaming industry.
Massively centralized games can slip surreptitious misinformation and propaganda presuppositions to entire populations, or generations, and do it more subliminally than any dozen Trump-deau-ian election conspiracies or Goebbelian propaganda regimes.
Yet (a) central bank interest rate hikes continuing after economic deceleration has already begun, (b) Biden's shooting down a few Chinese drone balloons and (c) Liz Warren's fretting about Chinese components in G5 networks, look a lot like falling for Cold War diversion tactics. Somebody is afraid we plebians might notice the actual war has already morphed from mere Surveillance Economy into fully-meshed Subliminal Influence wars.
Like the old Shakespearean adage, “Methinks he doth protest too much”, Bitcoin protocol’s ability to sidestep hegemony makes the ferocity of attacks by the Jim Jordan - Peter Schiff - Liz Warren - CBDC (central bank digital currency) cabals look an awful lot like fear to me.
Far from labelling BTC a mere financial Ponzi scheme, their behaviour smacks of a rather desperate attempt to disguise their panic.
Beginning with the earliest days of Phil Zimmerman releasing PGP into the public domain in anticipation of pending US arms trafficking export controls and continuing until Satoshi Nakamoto’s Bitcoin white paper, 'crypto' today is actually in the process of exposing, not hiding, the manipulation and corruption at the heart of contemporary government and finance.
The ‘friction’ in the Bitcoin execution stack lies not within the BTC protocol itself, but rather in global banking’s massive collusion against processing any Crypto/Fiat FX pairs.
So, you tell me. What is the best process that allows us to trade or invest long transparency and short hegemony?
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