Sunday, November 21, 2021

What is Coin

A cryptocurrency or digital cash that is independent of any other blockchain or platform. The key feature of a coin is that of a currency, and the term may also be used to describe a cryptocurrency asset that is not a token. 

Unlike cryptocurrency tokens, coins are not intended to serve utility functions - such as to represent votes within a community or to denote storage capacity on a decentralized cloud storage. Instead, a coin operates on its own independent blockchain and acts like a native currency within a specific financial system. Accordingly, a coin is essentially used as a medium of exchange or store of value within a digital economic network. Most blockchains work as a decentralized, distributed ledger that tracks and verifies each transaction, and their native coins can only be transferred between participants of this particular network.

A coin, as a single unit of currency, can be traded for an agreed upon value depending on current market conditions. Occasionally it can be exchanged for a different coin or token that belongs to another blockchain, either through a cryptocurrency exchange or through private transfers (like peer-to-peer and OTC trades). Decentralized exchanges and atomic swaps are also viable alternatives for coin and token trading.

Many companies and startups in the blockchain industry choose to raise funds prior to building their own blockchain, and this is often done through an Initial Coin Offering (ICO) crowdsale. The majority of ICO fundraising events were performed on top of the Ethereum network, issuing tokens through the so-called Ethereum Token Standard protocol (also known as ERC20). This means that instead of issuing their native coin, these companies decided to create a digital token that is issued on top of an existing blockchain network. 

Usually, these ICO tokens are offered in exchange for Bitcoin or Ethereum, but some startups also accepted fiat currency or other cryptocurrencies as payment during their fundraising. In some cases, the tokens are representative of the future project and are supposed to be swapped for native coins when the blockchain is finally deployed.

https://siyasiyaband.bandcamp.com/album/coin-projeleri

https://www.twitch.tv/kritografi1/about

https://www.bonanza.com/users/50619718/profile

https://www.behance.net/gnceltv

https://edex.adobe.com/community/member/MKHwHBNyX

https://yarabook.com/wikikoin

https://www.hackathon.io/users/240445


tbDEX Protocol: Initial Thoughts Square's Bitcoin Whitepaper

Haven't done a deep dive yet, mostly skimmed through the paper.

Context

Before starting, you have to understand that the philosophy of Square isn't to "win" but to "change" some of the things that were historically inequitable about the US and world financial system. In short, structural racism has a compounding effect on societies and decentralizing it is usually the way history goes. So keep this in mind when thinking about Square:

  1. Square cares about equity and offering services to people that are historically not welcomed. Tidal effects musicians and artists, Seller lets people find good loans and start businesses, Cash App grants you access to the stock market, discounts, and bitcoin. TBDex will allow other applications like Apple or financial institutions to start building consumer-grade bitcoin applications
  2. Square believes in trust first, verify later models. The inverse of the current model, verify first & trust later.
  3. Protocols over platforms. Square understands the value of interopability. What would the internet be like today if someone using GMAIL couldn't email someone using Outlook or Yahoo mail? That's essentially the state of the crypto market. Imagine having to write an email, convert it into a yahoo mail, and then be able to send it to a yahoo owner. It's nonsense from a consumer perspective. Now an interesting view here is the concept of social media, where a Reddit post belongs to Reddit, while a Twitter post belongs to Twitter. So keep this in mind when subjects of "decentralized social media" become active in the future with engagement-based payment models:

https://knightcolumbia.org/content/protocols-not-platforms-a-technological-approach-to-free-speech

Privacy

Privacy is usually a really confusing subject for consumers because it's usually an institutional problem. Saying "I have nothing to hide" is pretty natural when you can't see the inner workings of what happens to have your mail delivered to you privately. But the truth is, once you give a human privacy, it becomes really difficult to want them to give it away. Privacy is also important digitally because of the algorithms that govern the internet. With it, it's possible to prevent algorithms from creating the conditions to start a riot at a capitol like the Trump event for example.

That's a digression but it's important. The way the financial technology system works right now is by using a system that charges you for using your own money because the settlement layer of the financial architecture is built off of a credit model. During the time your money is credited, the system verifies that you're not some blacklisted criminal by verifying your name, address, SSN, and other important identifying information. Think about that, you belong to a system where you have to pay to use your money to prove that you're not a fucking criminal.

So given that the system is not very private and depends on sensitive information, the topic of privacy, risk, and cost becomes important. What if your system has 500 million social security numbers? Could you imagine the regulatory risk behind that bank vault of data?

The Protocol

The tbDEX protocol, at least from what I've gathered so far, is that it's an institutional protocol and its very similar to the process that went behind constructing and standardizing it between operating systems like macOS and windows.

What it seeks to essentially do is use Taproot which a recent bitcoin upgrade that improves speed and meters privacy vs. risk. vs. cost. What this allows is that institutions can start to build new risk and consumer models that allow customers to instantly settle and their current credit (fiat) to bitcoin and vice versa. As mentioned before, once privacy is authentically felt, it becomes difficult to undo it. Your digital cash is authentically digital are purchasing a product results in a real-time settlement. The vault of data mentioned earlier is abstracted into the protocols that govern bitcoin

Predictions

What I'm predicting right now is that it will likely be services like Apple that deal with consumer blockchain applications with Apple Pay since they are usually the leader in consumer privacy and Square tends to build around iOS products from a hardware perspective. Other institutions like Visa, Coinbase, Robinhood, Chase, Bank of america, or any Neobank (PFI) will likely use this protocol to use communicate between wallets and services.

Personally, as an investor, I will be happy to see FICO credit scoring and identity based models change to allow consumers with low credit to access more reasonable credit services outside of a week secured card. Some of these are already under process as offered by services like:

https://www.chime.com/credit-builder/

https://dave.com/build-credit


Centaurify - ๐Ÿ•’ Launching few hour ago on BSC - ♻️ BNB Rewards - ๐ŸŒช️Huge Potential

๐Ÿ‘‹ Welcome to Centaurify

Centaurifyis a bitcoin reward contract that pays holders in bitcoin. No need to claim just hold the Mermaid token in your wallet and you will earn Bitcoins.

CENTAURIFY in a nutshell:

Imagine if TicketMaster was built on a blockchain, with NFTs representing tickets. 100% traceable, impossible to counterfeit, and programmable re-sale conditions that protect both the consumers and the event host.

Centaurify - Tokenizing tickets with NFT & smart contract technology. Your Live Event & Music NFT Universe. With fiat on ramps as well as a music NFT marketplace!

๐ŸŒ Website: https://www.centaurify.in//

๐Ÿ“ƒContract Address: 0x3f70e48a540b72DE754b971d774b911ACdBEA6c2

We allow organizers to mint their own NFT-tickets, setting their rules of the smart-contract tokenomics to reward themselves, their artists & their audience on every transaction on the secondary market.

- We allow organizers to set maximum re-sale price to prevent scalping.

- Organizers will secure their audience by using Centurify. NFT-tickets are 100% traceable and are impossible to counterfeit.

- Artists gets fixed 2% automated reflection on every NFT-Ticket transaction from Centaurify.

Link Buy

https://pancakeswap.finance/swap?outputCurrency=0x3f70e48a540b72DE754b971d774b911ACdBEA6c2

๐Ÿ’ŽCLMD (14 platinum awarded DJ) a part of the core team

๐Ÿ’ŽTeam based in Norway, Sweden, Switzerland and Estonia

๐Ÿ’ŽListed at MEXC and CMC today

๐Ÿ“ฏ Useful Links

๐ŸŒ Website: https://www.centaurify.in//

๐Ÿ“ž Telegram: https://t.me/CentaurifyGlobal

๐Ÿฆ Twitter: https://twitter.com/CentaurifyBSC


need some clarification on exchanging crypto, tax and withdrawing to hardware wallet.

I have a kraken and kucion account with similar assets, bitcoin and alt coins, but different amount and I want to withdraw to hardware wallet I have to pay withdrawal fee and some crypto withdraw fee is pretty high. Is there a way to withdraw my assets for a low as possible fee? I heard about converting to xlm or something then withdraw then exchange using changelly or something on the hardware wallet but every one of those are taxable events and more taxable events mean more tax to pay? also those exchange on the hardware wallet is not ~1 to ~1, that is for example 10$ worth of xlm is not 10$ of ada (excluding the network fee) so overall withdrawing to a more secure wallet means high loss unless the profit is so great that it is insignificant no? or is there a better way?


The Blockchain Heralds The Death Of The State

Hey Reddit,

(LONG POST AHEAD)

In light of some of the negativity we’ve been facing in the last couple of months, I’d like to take the time to express my views on why things are likely going to get better. Not just a bit better, but much better.

I believe that we are headed towards a society that will be more free and more prosperous than we even had before lockdown started. I believe that while things will likely get worse in the short term, they will ultimately get better in the long term.

I believe that the State as we know it today will come to an end within our lifetimes.

Now I realise that this is a bit of a big statement, but allow me to explain.

From my perspective, society has been structured in certain ways due to the nature of the world at the time and the nature of individual humans at the time. Then there would be events that completely shook up these dynamics and changed the entire face of society. And from what I’ve seen, it seems that these changes (when they do occur) bring change more rapidly and more astronomically the more technologically advanced the society is.

HOW WE GOT HERE:

Here’s a brief history lesson.

Humans started as hunter-gatherers where we were small tribes likely led by a chieftain and circle of elders. This is consistent with currently existing hunter-gatherer tribes in the world. A group of elders lead and advise the tribe, and a chief makes the final decision. The elders gain their right to authority through age and experience where the chieftain gains his right to rule through strength and power. This made sense in a world where strength and experience were the key elements to survival. Every day was a struggle and without strength and experience, you never knew if today was your last.

But then the first “shake-up” event occurred that would change the way society was structured - the Agricultural Revolution

We could now farm the land, breed herds of livestock, and store food for the harder months. This allowed us to stay in one place and live much safer lives. But now it wasn’t power or age that so heavily dictated who was in charge. Now it was food and resources. If you had the biggest farm and thus the most food, you were the wealthiest in the community. If you accumulated enough wealth, you eventually rose to be the sole owner of food production in the area. And if people wanted some of your food, they had to earn it through working for you.

And thus we had the beginnings of kings and lords, with most people being serfs and peasants.

Absolute monarchy continued for millennia. Kingdoms and empires rose and fell. We went through the classic period of Rome and Egypt and Mesopotamia. We went through the early middle ages and well into the dark ages. Monarchy was the norm for civilisation for all these centuries.

But then the second “shake-up” event occurred - the advent of the printing press.

The printing press allowed the free flow of information and literacy. The institution that, at the time, had a monopoly on information and books was the church. And when the printing press came along, the church was not happy. They tried to ban and destroy it to prevent people from gaining the information that eventually set them free. Unfortunately for them, people had the genius idea of using the printing press to print instructions on how to build and operate your own printing press. This was disseminated amongst the people and thus the church was powerless to stop the process.

And it is thanks to the printing press and the freedom of information that allowed men to consider a world without monarchy. To consider a world where the individual could take control of their own lives and live it freely in the manner that they wanted to. This was the birth of the American Revolution.

Once free from the shackles of the British empire, the newly formed American nation erected an institution to replace the monarchy. They created an institution that would serve the same purpose, but would be manned by the people and would be directly answerable to the people it served. This was the State, and in theory, this sounds like a great system.

Unfortunately the State had a weakness the monarchy didn’t really have. The monarchy was very isolated and the average person would likely never find their way in the royal family. The State, however, allowed any citizen to participate. This allowed those attracted to power (megalomaniacs, narcissists, power-hungry despots, and all their ilk) to worm their way into power. And once they had that position of power, they would manipulate the system to keep themselves in power for as long as possible.

THE SOLUTION:

This is where we currently stand. An institution by the people, for the people (the State) is essentially turning on the population. And this is the case in every democratic country of the modern age. Even in those countries with good leaders you’ll still find these people in some position of power.

But here’s the good news.

We’re in the middle of the third “shake-up” event, and it’s happening at a rapid pace.

What we’re seeing today (lockdowns, masks, vaccine passes, etc) is the kicking and screaming of this system as it dies. The State is losing power, and thus they are lashing out and doing all they can to seize and hold power for as long as possible. Just as the church tried to prosecute and denounce as heretics those that printed their own works that didn’t fit the doctrine, so too is the State persecuting those who will not comply to its rule. Unfortunately for the State, however, its death is inevitable.

The third “shake-up” event that will change the face of human society started with the advent of the internet. The internet was the concept of the printing press, but on an unprecedented scale. And while the first two decades of its adoption happened slowly and with many hiccups, we are currently in a society where the internet has permeated all of human life. It is now at mass adoption level and we are finally at the point where most people not only have access to it, but are also proficient at navigating it (this will only prove more true as generations continue).

But the internet is only one piece of the puzzle. Just as the printing press was the machine that allowed books to be created, the Internet is the machine that allows for the technology that will truly end the State.

And don’t get me wrong, the State has done its best to co-opt the internet for its own uses. Through media manipulation, spying, being in bed with big Tech (i.e. social media), etc. they’ve done admirably at using our own tools against us. But the internet has given rise to a new technology that will rapidly start stripping them of their influence.

This technology is the Blockchain.

DECENTRALISATION

Now for those of you familiar with the Blockchain, you may immediately think of Bitcoin. But I’m not talking about the tokenized version of the Blockchain that lets you invest and make money. Whilst crucial, it’s not exactly what I’m talking about.

I’m talking about the actual technology of the Blockchain. I’m talking about the decentralised nature of the Blockchain.

I won’t go into the specifics of how it works since that would take ages. I do, however, encourage anyone curious to look into it themselves. For now just know that we can achieve decentralisation through the Blockchain.

Why is this important?

Think of all the ways the State has manipulated the Internet for their benefit. Big Tech censorship? Gone with decentralisation. Media manipulation? Gone with decentralisation. Voter fraud and election “fortification”? Gone with decentralisation.

As Blockchain technology is developed, the State loses more and more of its power. This is why there is such a heavy push by the MSM against technologies like Bitcoin. Not only because it would destabilize the economy (to their detriment and your benefit), but also because of the technology it’s built on.

Understand that the Blockchain is here to stay and due to how much money it makes investors, the free market is pushing it into the hands of the people. The State can’t stop it because they can’t control it. Its decentralised nature prevents them from really putting an end to it. There is no “Bitcoin head office” they can shut down. It’s a global network.

And if this post wasn’t enough of a white pill for you already, consider this: all the people who are in favour of Blockchain and Bitcoin and decentralisation are the the people who that very technology is currently enriching. Imagine a world where some of the richest people, those who have real sway and power, are people who advocate for decentralisation and the Blockchain because that’s what made them rich in the first place. And trust me, with all the regulatory attacks, those investors are very unhappy with the State and its shenanigans.

CAUTION:

Now before I close off, let me just give a few words of caution.

The future looks bright and there is a very high likelihood that in about twenty years we’ll truly see what a world with little or no State looks like. But before that happens, we’re fighting a gigantic beast. We’re fighting a gigantic beast that is wounded, on its last legs, and with nothing left to lose. It has been forced into a corner and will now do all it can to ensure its survival.

If this means that it must co-opt the very technology we’re using against it, it will. Take a deep look into the very dystopian nature of Central Bank Digital Currencies (CBDC), which are built on the Blockchain, and you’ll see what I mean. The Blockchain allows for decentralisation, but it can also be centralised and used by the State.

We face a long and arduous road ahead of us. It is littered with uncertainty and danger and fear. But things will get better. They will likely get worse first, but it will eventually get better. All we need to do is ensure we stand firm and resolute. Support and utilise the tools that allows for your freedom. This is the only way.

If we wish to ensure a better life for us and our children (and their children after them), we must embrace the technology that will give ultimate power to the individual. I didn’t have time in this post to also explain how the Blockchain will also empower us economically (which will further speed up the death of the State), but I encourage you to do your own research.

The State is dying, but it will no longer play nice with those of us who don’t conform. We must be ready and we must be strong. This is a very unique time for us to be alive. Let’s make the most of it.

Thank you.


The Blockchain Heralds The Death Of The State

Hey Reddit,

(LONG POST AHEAD)

In light of some of the negativity we’ve been facing in the last couple of months, I’d like to take the time to express my views on why things are likely going to get better. Not just a bit better, but much better.

I believe that we are headed towards a society that will be more free and more prosperous than we even had before lockdown started. I believe that while things will likely get worse in the short term, they will ultimately get better in the long term.

I believe that the State as we know it today will come to an end within our lifetimes.

Now I realise that this is a bit of a big statement, but allow me to explain.

From my perspective, society has been structured in certain ways due to the nature of the world at the time and the nature of individual humans at the time. Then there would be events that completely shook up these dynamics and changed the entire face of society. And from what I’ve seen, it seems that these changes (when they do occur) bring change more rapidly and more astronomically the more technologically advanced the society is.

HOW WE GOT HERE:

Here’s a brief history lesson.

Humans started as hunter-gatherers where we were small tribes likely led by a chieftain and circle of elders. This is consistent with currently existing hunter-gatherer tribes in the world. A group of elders lead and advise the tribe, and a chief makes the final decision. The elders gain their right to authority through age and experience where the chieftain gains his right to rule through strength and power. This made sense in a world where strength and experience were the key elements to survival. Every day was a struggle and without strength and experience, you never knew if today was your last.

But then the first “shake-up” event occurred that would change the way society was structured - the Agricultural Revolution

We could now farm the land, breed herds of livestock, and store food for the harder months. This allowed us to stay in one place and live much safer lives. But now it wasn’t power or age that so heavily dictated who was in charge. Now it was food and resources. If you had the biggest farm and thus the most food, you were the wealthiest in the community. If you accumulated enough wealth, you eventually rose to be the sole owner of food production in the area. And if people wanted some of your food, they had to earn it through working for you.

And thus we had the beginnings of kings and lords, with most people being serfs and peasants.

Absolute monarchy continued for millennia. Kingdoms and empires rose and fell. We went through the classic period of Rome and Egypt and Mesopotamia. We went through the early middle ages and well into the dark ages. Monarchy was the norm for civilisation for all these centuries.

But then the second “shake-up” event occurred - the advent of the printing press.

The printing press allowed the free flow of information and literacy. The institution that, at the time, had a monopoly on information and books was the church. And when the printing press came along, the church was not happy. They tried to ban and destroy it to prevent people from gaining the information that eventually set them free. Unfortunately for them, people had the genius idea of using the printing press to print instructions on how to build and operate your own printing press. This was disseminated amongst the people and thus the church was powerless to stop the process.

And it is thanks to the printing press and the freedom of information that allowed men to consider a world without monarchy. To consider a world where the individual could take control of their own lives and live it freely in the manner that they wanted to. This was the birth of the American Revolution.

Once free from the shackles of the British empire, the newly formed American nation erected an institution to replace the monarchy. They created an institution that would serve the same purpose, but would be manned by the people and would be directly answerable to the people it served. This was the State, and in theory, this sounds like a great system.

Unfortunately the State had a weakness the monarchy didn’t really have. The monarchy was very isolated and the average person would likely never find their way in the royal family. The State, however, allowed any citizen to participate. This allowed those attracted to power (megalomaniacs, narcissists, power-hungry despots, and all their ilk) to worm their way into power. And once they had that position of power, they would manipulate the system to keep themselves in power for as long as possible.

THE SOLUTION:

This is where we currently stand. An institution by the people, for the people (the State) is essentially turning on the population. And this is the case in every democratic country of the modern age. Even in those countries with good leaders you’ll still find these people in some position of power.

But here’s the good news.

We’re in the middle of the third “shake-up” event, and it’s happening at a rapid pace.

What we’re seeing today (lockdowns, masks, vaccine passes, etc) is the kicking and screaming of this system as it dies. The State is losing power, and thus they are lashing out and doing all they can to seize and hold power for as long as possible. Just as the church tried to prosecute and denounce as heretics those that printed their own works that didn’t fit the doctrine, so too is the State persecuting those who will not comply to its rule. Unfortunately for the State, however, its death is inevitable.

The third “shake-up” event that will change the face of human society started with the advent of the internet. The internet was the concept of the printing press, but on an unprecedented scale. And while the first two decades of its adoption happened slowly and with many hiccups, we are currently in a society where the internet has permeated all of human life. It is now at mass adoption level and we are finally at the point where most people not only have access to it, but are also proficient at navigating it (this will only prove more true as generations continue).

But the internet is only one piece of the puzzle. Just as the printing press was the machine that allowed books to be created, the Internet is the machine that allows for the technology that will truly end the State.

And don’t get me wrong, the State has done its best to co-opt the internet for its own uses. Through media manipulation, spying, being in bed with big Tech (i.e. social media), etc. they’ve done admirably at using our own tools against us. But the internet has given rise to a new technology that will rapidly start stripping them of their influence.

This technology is the Blockchain.

DECENTRALISATION

Now for those of you familiar with the Blockchain, you may immediately think of Bitcoin. But I’m not talking about the tokenized version of the Blockchain that lets you invest and make money. Whilst crucial, it’s not exactly what I’m talking about.

I’m talking about the actual technology of the Blockchain. I’m talking about the decentralised nature of the Blockchain.

I won’t go into the specifics of how it works since that would take ages. I do, however, encourage anyone curious to look into it themselves. For now just know that we can achieve decentralisation through the Blockchain.

Why is this important?

Think of all the ways the State has manipulated the Internet for their benefit. Big Tech censorship? Gone with decentralisation. Media manipulation? Gone with decentralisation. Voter fraud and election “fortification”? Gone with decentralisation.

As Blockchain technology is developed, the State loses more and more of its power. This is why there is such a heavy push by the MSM against technologies like Bitcoin. Not only because it would destabilize the economy (to their detriment and your benefit), but also because of the technology it’s built on.

Understand that the Blockchain is here to stay and due to how much money it makes investors, the free market is pushing it into the hands of the people. The State can’t stop it because they can’t control it. Its decentralised nature prevents them from really putting an end to it. There is no “Bitcoin head office” they can shut down. It’s a global network.

And if this post wasn’t enough of a white pill for you already, consider this: all the people who are in favour of Blockchain and Bitcoin and decentralisation are the the people who that very technology is currently enriching. Imagine a world where some of the richest people, those who have real sway and power, are people who advocate for decentralisation and the Blockchain because that’s what made them rich in the first place. And trust me, with all the regulatory attacks, those investors are very unhappy with the State and its shenanigans.

CAUTION:

Now before I close off, let me just give a few words of caution.

The future looks bright and there is a very high likelihood that in about twenty years we’ll truly see what a world with little or no State looks like. But before that happens, we’re fighting a gigantic beast. We’re fighting a gigantic beast that is wounded, on its last legs, and with nothing left to lose. It has been forced into a corner and will now do all it can to ensure its survival.

If this means that it must co-opt the very technology we’re using against it, it will. Take a deep look into the very dystopian nature of Central Bank Digital Currencies (CBDC), which are built on the Blockchain, and you’ll see what I mean. The Blockchain allows for decentralisation, but it can also be centralised and used by the State.

We face a long and arduous road ahead of us. It is littered with uncertainty and danger and fear. But things will get better. They will likely get worse first, but it will eventually get better. All we need to do is ensure we stand firm and resolute. Support and utilise the tools that allows for your freedom. This is the only way.

If we wish to ensure a better life for us and our children (and their children after them), we must embrace the technology that will give ultimate power to the individual. I didn’t have time in this post to also explain how the Blockchain will also empower us economically (which will further speed up the death of the State), but I encourage you to do your own research.

The State is dying, but it will no longer play nice with those of us who don’t conform. We must be ready and we must be strong. This is a very unique time for us to be alive. Let’s make the most of it.

Thank you.


The Death Of The State Is Coming

Hey Reddit,

(LONG POST AHEAD)

In light of some of the negativity we’ve been facing in the last couple of months, I’d like to take the time to express my views on why things are likely going to get better. Not just a bit better, but much better.

I believe that we are headed towards a society that will be more free and more prosperous than we even had before lockdown started. I believe that while things will likely get worse in the short term, they will ultimately get better in the long term.

I believe that the State as we know it today will come to an end within our lifetimes.

Now I realise that this is a bit of a big statement, but allow me to explain.

From my perspective, society has been structured in certain ways due to the nature of the world at the time and the nature of individual humans at the time. Then there would be events that completely shook up these dynamics and changed the entire face of society. And from what I’ve seen, it seems that these changes (when they do occur) bring change more rapidly and more astronomically the more technologically advanced the society is.

HOW WE GOT HERE:

Here’s a brief history lesson.

Humans started as hunter-gatherers where we were small tribes likely led by a chieftain and circle of elders. This is consistent with currently existing hunter-gatherer tribes in the world. A group of elders lead and advise the tribe, and a chief makes the final decision. The elders gain their right to authority through age and experience where the chieftain gains his right to rule through strength and power. This made sense in a world where strength and experience were the key elements to survival. Every day was a struggle and without strength and experience, you never knew if today was your last.

But then the first “shake-up” event occurred that would change the way society was structured - the Agricultural Revolution

We could now farm the land, breed herds of livestock, and store food for the harder months. This allowed us to stay in one place and live much safer lives. But now it wasn’t power or age that so heavily dictated who was in charge. Now it was food and resources. If you had the biggest farm and thus the most food, you were the wealthiest in the community. If you accumulated enough wealth, you eventually rose to be the sole owner of food production in the area. And if people wanted some of your food, they had to earn it through working for you.

And thus we had the beginnings of kings and lords, with most people being serfs and peasants.

Absolute monarchy continued for millennia. Kingdoms and empires rose and fell. We went through the classic period of Rome and Egypt and Mesopotamia. We went through the early middle ages and well into the dark ages. Monarchy was the norm for civilisation for all these centuries.

But then the second “shake-up” event occurred - the advent of the printing press.

The printing press allowed the free flow of information and literacy. The institution that, at the time, had a monopoly on information and books was the church. And when the printing press came along, the church was not happy. They tried to ban and destroy it to prevent people from gaining the information that eventually set them free. Unfortunately for them, people had the genius idea of using the printing press to print instructions on how to build and operate your own printing press. This was disseminated amongst the people and thus the church was powerless to stop the process.

And it is thanks to the printing press and the freedom of information that allowed men to consider a world without monarchy. To consider a world where the individual could take control of their own lives and live it freely in the manner that they wanted to. This was the birth of the American Revolution.

Once free from the shackles of the British empire, the newly formed American nation erected an institution to replace the monarchy. They created an institution that would serve the same purpose, but would be manned by the people and would be directly answerable to the people it served. This was the State, and in theory, this sounds like a great system.

Unfortunately the State had a weakness the monarchy didn’t really have. The monarchy was very isolated and the average person would likely never find their way in the royal family. The State, however, allowed any citizen to participate. This allowed those attracted to power (megalomaniacs, narcissists, power-hungry despots, and all their ilk) to worm their way into power. And once they had that position of power, they would manipulate the system to keep themselves in power for as long as possible.

THE SOLUTION:

This is where we currently stand. An institution by the people, for the people (the State) is essentially turning on the population. And this is the case in every democratic country of the modern age. Even in those countries with good leaders you’ll still find these people in some position of power.

But here’s the good news.

We’re in the middle of the third “shake-up” event, and it’s happening at a rapid pace.

What we’re seeing today (lockdowns, masks, vaccine passes, etc) is the kicking and screaming of this system as it dies. The State is losing power, and thus they are lashing out and doing all they can to seize and hold power for as long as possible. Just as the church tried to prosecute and denounce as heretics those that printed their own works that didn’t fit the doctrine, so too is the State persecuting those who will not comply to its rule. Unfortunately for the State, however, its death is inevitable.

The third “shake-up” event that will change the face of human society started with the advent of the internet. The internet was the concept of the printing press, but on an unprecedented scale. And while the first two decades of its adoption happened slowly and with many hiccups, we are currently in a society where the internet has permeated all of human life. It is now at mass adoption level and we are finally at the point where most people not only have access to it, but are also proficient at navigating it (this will only prove more true as generations continue).

But the internet is only one piece of the puzzle. Just as the printing press was the machine that allowed books to be created, the Internet is the machine that allows for the technology that will truly end the State.

And don’t get me wrong, the State has done its best to co-opt the internet for its own uses. Through media manipulation, spying, being in bed with big Tech (i.e. social media), etc. they’ve done admirably at using our own tools against us. But the internet has given rise to a new technology that will rapidly start stripping them of their influence.

This technology is the Blockchain.

DECENTRALISATION

Now for those of you familiar with the Blockchain, you may immediately think of Bitcoin. But I’m not talking about the tokenized version of the Blockchain that lets you invest and make money. Whilst crucial, it’s not exactly what I’m talking about.

I’m talking about the actual technology of the Blockchain. I’m talking about the decentralised nature of the Blockchain.

I won’t go into the specifics of how it works since that would take ages. I do, however, encourage anyone curious to look into it themselves. For now just know that we can achieve decentralisation through the Blockchain.

Why is this important?

Think of all the ways the State has manipulated the Internet for their benefit. Big Tech censorship? Gone with decentralisation. Media manipulation? Gone with decentralisation. Voter fraud and election “fortification”? Gone with decentralisation.

As Blockchain technology is developed, the State loses more and more of its power. This is why there is such a heavy push by the MSM against technologies like Bitcoin. Not only because it would destabilize the economy (to their detriment and your benefit), but also because of the technology it’s built on.

Understand that the Blockchain is here to stay and due to how much money it makes investors, the free market is pushing it into the hands of the people. The State can’t stop it because they can’t control it. Its decentralised nature prevents them from really putting an end to it. There is no “Bitcoin head office” they can shut down. It’s a global network.

And if this post wasn’t enough of a white pill for you already, consider this: all the people who are in favour of Blockchain and Bitcoin and decentralisation are the the people who that very technology is currently enriching. Imagine a world where some of the richest people, those who have real sway and power, are people who advocate for decentralisation and the Blockchain because that’s what made them rich in the first place. And trust me, with all the regulatory attacks, those investors are very unhappy with the State and its shenanigans.

CAUTION:

Now before I close off, let me just give a few words of caution.

The future looks bright and there is a very high likelihood that in about twenty years we’ll truly see what a world with little or no State looks like. But before that happens, we’re fighting a gigantic beast. We’re fighting a gigantic beast that is wounded, on its last legs, and with nothing left to lose. It has been forced into a corner and will now do all it can to ensure its survival.

If this means that it must co-opt the very technology we’re using against it, it will. Take a deep look into the very dystopian nature of Central Bank Digital Currencies (CBDC), which are built on the Blockchain, and you’ll see what I mean. The Blockchain allows for decentralisation, but it can also be centralised and used by the State.

We face a long and arduous road ahead of us. It is littered with uncertainty and danger and fear. But things will get better. They will likely get worse first, but it will eventually get better. All we need to do is ensure we stand firm and resolute. Support and utilise the tools that allows for your freedom. This is the only way.

If we wish to ensure a better life for us and our children (and their children after them), we must embrace the technology that will give ultimate power to the individual. I didn’t have time in this post to also explain how the Blockchain will also empower us economically (which will further speed up the death of the State), but I encourage you to do your own research.

The State is dying, but it will no longer play nice with those of us who don’t conform. We must be ready and we must be strong. This is a very unique time for us to be alive. Let’s make the most of it.

Thank you.