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This new kind of money serves not the interests of the banking and corporate elites, or the corrupt government ministers who kowtow to them; but the people who control them alone. This is by no mistake, as cryptocurrencies are fundamentally better at storing value than any fiat currencies in existence today. This is because the fixed and known monetary supplies and inflation rates of cryptocurrencies; but more importantly, the social consciousness and consensus that allows for them to exist.
People can now control their wealth with nothing more than the power of cryptography. Cryptocurrencies are rewriting the entire way that money is understood and used—and with that, who gets to control and benefit from these systems.
What an insane use to put it! For it is a recognized characteristic of money as a store of wealth that it is barren; whereas practically every other form of storing wealth yields some interest or profit.
Today, each and every form of fiat money is nothing more than a legal tender that holds value simply because governments command it. However, if we look over the course of history; again, and again, we see states fail, governments collapse, and their money inflate to nothing. This is not by mistake, but by design. What those in contemporary finance and government fail to see is that bitcoin and cryptocurrencies are a radically departure from state-sponsored financial systems and the tyranny that they enable.
For the better part of modern human history we have simply had to deal with the fact that government officials could show up at our places of business or our homes, rob us at gun point and call it legal.
That they could fictionalize up mountains of money and give it to their corrupt banking and corporate friends, and tell us it was for our own good. Again and again, we see the powers-that-be prod us down the road to serfdom, and tell us it is the yellow brick road to the Emerald City. We have seen what happens to those who follow that path, and the poverty it creates for all of us. The revolution that we have all been waiting for is finally here, and it is the radical divorce of state and money from each other.
Governments were never entitled to steal the wealth of the world for themselves and for their barbaric and unholy purposes. We finally have a way to resist their tyranny and fight back with economic means alone. Just as we once saw the radical divorce of church and state fundamentally change society for the better, we will once again witness such a radical epochal change—but this time it will be from the separation of money from the state.
Those of us who hodl crypto know and understand that bitcoin and cryptocurrencies have nothing to do with money. The true purpose of cryptocurrencies is to create a new form of economic power that will be the harbinger of a new society.
It is from this base of power that we are creating that a whole new society within the framework of the web. Bitcoin will become the most value asset in history not only because it is a better form of money, but because of the astounding personal economic power it creates.
Through tearing out the economic base of the corrupt systems of fiat money; we can create a new and more egalitarian society using the power of the blockchain and the internet. The banners we will raise in this new society will have the following inscribed upon them for all to see and choose to follow if they wish:. They act as an explicit form of wealth for the individual alone, that no state can expropriate. Unlike all other forms of wealth that can be expropriated from the individual, cryptocurrencies cannot because of the cryptography that they are build on top of.
To have a truly independent form of money strikes at the very root, the very heart of the issue: Through taking our economic power and choosing to put it into a form of money that they cannot control, we create the most powerful form of political resistance that is possible: If money is the only thing that these corrupt monsters care about, then lets make it about money—how much money we can cost them?
What can we do together when we all withhold our economic power from their parasitic system? Because it is for each and every dollar that is not spent in there system, we get strong. For every single economic transaction that does not occur in their system, we become strong. For each person that realizes that the state should never have had control of the monetary system, we get stronger. It is only a matter of time until we are strong enough to take them on publicly and openly.
What should be apparent is that money itself is the strongest and the most potent political weapon that there is. Once we acknowledge that money itself is first political, and secondly economic, that we can start to understand the true nature of bitcoin.
Bitcoin is not about money, it is about power. Crypto and cyberspace is already acknowledged by all world powers to be itself a power. You have nothing left to lose but the chains of the old world, and a whole world to win! A new economy is being built on top of cryptocurrencies, and a whole new asset class is being born. One which no state government or banking cartel can stop.
Our new forms of money are fair and transparent, they are available for everyone to use. Through this new kind of money, we are going to change the world. One in which our totalitarian corporate statist nightmare will be annihilate without a drop of blood being shed. We are on the brink of a new global society being born. For those of us that have valiantly and steadfastly been working on the finance system of the future for the last few years, we are all reaping the rewards of our efforts today.
If you really want to make money, big time money with trading bitcoin and other digital currencies, here is the strategy:. Go ahead and buy some, and see how you feel about it at the start of Bitcoin will be used by governments, bankers, and regulators to track our every purchase, and monitor all financial activity. Tainting tools will become so powerful that pretty much any bitcoin transaction will be possible to de-anonymize.
Bitcoin is going to be a trojan horse to the fiat banking system, and will destroy all government monopolies on this issuance of money. While bitcoin will be able to act as a check on the economic power of governments, in doing so it is also going to expose bitcoin to rigorous state regulations, and ultimately the full capturing of bitcoin as a whole system.
To capture bitcoin, all that governments need to do is auction off the bitcoin payment system to be regulated under the threat of force. This will cause for the destruction of fiat money, and will reassert the power of the purse back into the hands of the people.
If bitcoin becomes a global reserve currency, as the central bank of Barbados believes it could be , then bitcoin is forging a path towards capturing the state through the very means by which it has captured all of us: Bitcoin has some flaws in regards to its privacy that should scare off neer-do-wellers and privacy advocates alike.
However, through implementing such a system, states will also lose control of their choke hold on the economy, and will eventually find it slipping through their grip entirely. Bitcoin has created a whole new generation of crypto-activist who see the power of digital currencies and cryptography in a way that will allow for a new fundamental form of power to exercise itself.
There is no longer any separation between politics and economics, and that is the very space in which we will make the new digital economy, and ensure our liberties through strong crypto. Through refusing to use their corrupt money that they use for war, oppression, violence, and to keep the general population impoverished; we can force governments everywhere to respect our freedoms which our ancestors fought and died for.
Strike against state capitalism , and reclaim your financial freedom which was never suppose to be taken in the first place! When we see the kind of capital efficiency that bitcoin and other digital currencies exude from their near-zero transaction cost , scalablity, security, and most importantly not being controlled by any government, we can see there is no way that fiat money can ever win over digital currencies in terms of their economic efficiency.
Bitcoin and digital currencies will always be a cheaper monetary systems to maintain and utilize than a fiat money, partially when we consider the cost of scaling and security over the long-term, and on a global scale. Fiat money must be defended from counter-fitting, banking fraud, note destruction, and physical theft. Fiat money will always be more expensive to service, use, and maintain as a whole monetary system than any kind of digital currency system because of those weaknesses and flaws.
Digital currencies have greater security and scalability than their fiat counterparts as well. Despite the wide acceptance of the U.
That expense is imbued into all U. It is this scalability flaw within all fiat money system that digital currencies exploits to be superior money. This is not due to an actual higher interest rate of digital currencies, but due to an increase in the demand for digital currencies over the total available, fixed, known supply. This causes for value appreciation of digital currencies as demand outstrips the limited supply.
Sovereign digital capital will always out preform state fiat capital. Funny that he sees that, yet he seems to be unaware that bitcoin and other DCs are going to destroy his wealth. Due to the zero-sum nature of how currency competition economics function, bitcoin and other digital currencies present an existential threat to all forms of state fiat money. Over the next decade we are going to see one of the greatest transference of wealth the world has ever seen, and it will be from the failure of fiat money the coming economic hegemony of digital currencies.
In capitalist countries, the rulers own the means of production and employ workers. The capitalist class is also called the bourgeoisie. Means of production are what it takes to produce goods. Raw materials, satellite networks, machinery, ships and factories are examples. Workers own nothing but their ability to sell their labor for a wage. Considering how deep capitalism penetrates into all facets of our globalized society, it can be said today that capital is the primary means of production.
Capital within our society can purchase all, and can do anything, and can make any decision: Money is the central component of a capitalist system. Ironically, FDR did this to save capitalism , and in doing so he created the conditions state-capitalism. Nearly all economic exchange is taking place using fiat money; a money that cannot be differentiated or distinguished from state power itself.
Through the legalized monopoly that central banks have, the state now fully controls the means of exchange and the mode of production within advanced capitalist societies: This is nothing more than propaganda. It is part of the greater illusion that the state has any bearing on the value of money.
Through using a monetary system that is outside of the control of any state, we are creating the scaffolding for the next epoch of society. The command of money is little more than command of the economy itself. Through using cryptocurrencies we seize the greatest means of production in our society: The monetary system itself. Through refusing to use their corrupt, inflationary money; we seize the greatest means of production and deactivate the state totalitarian machine.
Through striking at the monopolization of money itself, we strike at the very root, the very heart of the problem in our globalized world today. We are choosing to use a different monetary system. One that is protected by the immanence of cryptography, and outside of the corrupt hands of the state. By striking at money itself, we can reappropriate our economic system from the hands of the state capitalism, and usher in a new era of freedom, and liberty for all.
With digital currencies acting as a new sovereign monetary force, they are facilitating the growth of a radical new sector of the digital economy that is total unregulated, and removed from the onerous regulations of all state governments.