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RE: Fixing What's Broke - A Crisis of Leadership

in #crypto8 months ago (edited)

Yes and no. I am saying we should quit using fiat. However, I am not saying we should use cryptocurrency, although that presently does largely avoid many of the harms of fiat. I do recommend exchanging goods and services for goodwill, because that avoids all the ills fiat introduces. However, goodwill cannot be exchanged with just anyone. Only honorable, good people are capable of transacting in goodwill, and while many transactions are impossible for this reason, I consider that a benefit, causing us to carefully consider who we transact with, which I believe strengthens society by strongly encouraging people to be honorable, by excluding people without honor from exchanging valuable goods and services for goodwill.

I believe cryptocurrencies in their present forms are traps, because people naturally use the internet to transact, and we do not own the internet. It is owned by the same people that benefit from fiat, and being dependent on the internet for our treasure's value makes us vulnerable to censorship, which the owners of the internet can impose at any time, at their sole option. The internet is not a stream flowing in the woods, on public land, that any bird, squirrel, or thirsty traveler can drink from freely. The internet is a privately owned structure we pay to use, and that use can be restricted at any time by it's owners. They do not owe us use of their property.

Cryptocurrency can be devalued by being censored. It's just data. We observe lots of communications on the internet are censored by the owners and operators of the various platforms, services, and mechanisms comprising it, sometimes at the orders of corrupt governments. I do not have confidence in cryptocurrencies because their value depends on being able to transact in them, and that is dependent on being able to be transmitted on the internet, which is currently allowed us by our enemies that own and control it. I believe they do that to bait us into becoming dependent on them for the value of our treasure, which they can use to extort us at some future time. Many people were coerced into being jabbed by the threat of losing their jobs, and by that same mechanism people can be coerced into actions by the threat of losing the value of their crypto holdings. Delisting from exchanges is a form of censorship that has threatened Monero's value recently. Hive not being listed on many exchanges reduces it's value. There are more intrusive censorship mechanisms that have not yet been used that are even more destructive of value, and as long as we depend on infrastructure owned by our enemies, we are vulnerable to such hazard.

Goodwill is not dependent on the internet, and is not threatened by any form of censorship that yet allows people to communicate and interact at all. It is far more robust than any cryptocurrency.

Thanks!