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RE: A Clearification of Earthship performance in northern climates

in #ungrip6 years ago

Ahhhh. That would explain why I did not remember. Well, to be fair, I don't remember the link either. But I'm glad that you are getting ready and I would agree with your land assessment. The trick will be keeping it in good standing after the collapse. That is when people will be kicked off the land, for failing to pay those extortion fees. The Amish will definitely help you.

Please forgive me as my memory is still struggling. That was the whole point for me to start blogging here a couple years ago. I'm glad you found me again. As we chat, I'm starting to recall your story. Bravo to you for getting prepared. I feel it will happen sooner than later.

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That is when people will be kicked off the land, for failing to pay those extortion fees.

This is where my plan for bitcoin comes in (a trade for the tangible in exchange for the intangible). Most of us will eventually be kicked off chain due to the high transaction fees (@anonymint says that this is by design). Bitcoin (BTC) is a store of value, but the protocol has ossified to the point that it will likely never be a good medium of exchange. As for the transparency of it all (and lack of privacy), transactions on chain will likely be > $1000 USD and be primarily between nation states and elite bankers. @anonymint says that's what it was designed for and it will likely pan out that way.

If you aren't aware of the potential of the segwit donations attack, you can read about it here and here.

My next post will be in regards to steps we can take in that eventuality. I still believe that all currencies will be usurped at some point, even gold and silver. One cannot eat gold, bitcoin or even steem. But those tools will help with the transition. In the end though, knowledge of Mother Earth will be required as she will provide for all our needs when that time comes. This will require a multi-step strategy to work through the coming times.

While my mind struggles with the complexity of what you shared, my gut tells me that you are right and that bitcoin and many other crypto's will fall under the control and ownership of the elite. We must be diligent in our efforts.

@anonymint has mentioned that bitcoin will eventually be useless for buying anything in the physical world due to capital controls. Once they seize the means of production (Amazon is already well underway in this model), then bitcoin could be used for services, but no tangible delivery.

His blog lays out theological implications as well for how this is likely to play out.

PS from @anonymint:

I agree that privacy would be nice if we never plan to exchange that cryptocurrency for anything in the tangible or centralized fiat world that governments can regulate. Bitcoin doesn’t have a fungibility problem on-chain. The fungibility issue is when exchanging into the regulated, tangible world.

But for Bitcoin, we will all be either kicked off by high txn fees or political persecution, and the uber wealthy don’t need to fear the governments, because they control the governments behind the curtain.

The lack of anonymity on Bitcoin is a designed feature:

To kick everyone but the uber wealthy global elite banksters off-chain
To force a separation between the black market and fiat-compliant BTC economies