Thursday 24 October 2019

What's Really At Stake

At times I believe people forget that bitcoin is a political protest. I am afraid that over the course of mainstream adoption we have undereestimated how dangerous governments could and would be and what their motives would ultimately be to 'tame' bitcoin. And this control they have comes almost exclusively from their ability to attack custodianship. The point of bitcoin was to politically prohibit this elitist behavior by removing custodianship, yet 10 years later, we are all reliant upon centralized exchanges.

This has to stop. And the main manner in which it will, is when we have decentralized liquidity. Decentralized liquidity is the determining factor, and in order to do that we need for people to be able to host their liquidity the same way they host a seed for torrenting, in almost the same exact manner. We need to completely remove centralized servers and centralized processsing from the equation, virtually everything needs to be run bittorrent style, but especially liquidity.

The average person should be able to host liquidity for a small rebate, and this in turn will create a giant web of millions of people with a net effect of far more liquditity than any centralized server can provide, than any centralized custodian. Without this type of extreme decentralized self custodianship, we will continue to be subjugated by tyrannical governments who want to usurp democracy, as people like Snowden have outlined so clearly, and often while claiming they are preserving it underneath some guise such as the Patriot Act, when the entire time they were doing the opposite.

The US has been guarding oil and opium for 18 years in the middle east, while bankers use the petrol dollar to enslave the globe to their neoliberal monetary policy, a form of debt enslavement, and they always use any excuse they can to call you a criminal for demanding your democracy and constitution actually be respected.



Submitted October 24, 2019 at 09:11PM by samdane7777 http://bit.ly/2JkqTMD

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