There was a vote in the the EU today that was shoehorned in at the last moment, on a topic looking to limit PoW cryptos due to environmental "sustainability". Thankfully, it was rejected, but it won't be long until people who don't understand the technology, attempt to kill it because it isn't in their interest for it to survive.
Like any corporation, governments don't care about the people that they govern, they are only interested in maintaining control. And part of that control is financial shackling, keeping people bound through the currencies they use and, what they can use it on. After all, no government wants people to spend on what is not approved.
Funny really, considering that Ukraine has taken in over 100M in crypto donations so far that has helped them buy weapons and supplies in an attempt to repel Russian forces. That is a significant amount of freedom, isn't it? What happens if people get fed up with economic slavery and decide to band together and use their crypto to fund an army to help free themselves? This is the problem with self-managed and controlled finances that can't just be cut off, they can be used in ways that the government will not want.
As I see it and many might disagree, financial control is more important than gun control and has far more of an impact. In the US for example, rather than fighting for the right to bear arms, people should be fighting for the right to own their own currencies, because once that happens, they become actual decision makers and then, can make the decision as a decentralized group to bear arms anyway.
However, when we do not own and control our own wealth, we become beggars to the state, asking the people we fund for the right to do things, that we are quite capable of handling as individuals. I know, this sounds crazy, but I am quite certain that under a world of decentralized financial ownership and control, wars at any scale will be near impossible to wage, as before anything can escalate that far, it would be defunded.
Essentially, what is happening through the sanctions and asset freezes on Russia at the moment, is that they are getting defunded at a global level. However, while many might agree with this in this circumstance, turn the tables slightly and things change - for example, what if it was China and the EU sanctioning the US similarly? Or China and the US sanctioning the EU? Things get uncomfortable.
It is the economic equivalent of the nuclear option and while it might not kill a mass of people immediately, don't for a moment think that innocent people aren't going to die from it - if they aren't already. That is a lot of power to be in the hands of just a few, isn't it?
In a decentralized economy though, this power doesn't exist in the hands of the few, as it takes many to defund. However, just like the donations that are moving into Ukraine, people would still support causes they believe in. But, a lot of what countries fight over, wouldn't be an issue, because when everyone has ownership, the "state" no longer becomes a controlling force in the same sense as it does now, where nationalism is used as a way to control and direct activity of the people.
So much of the "border" is only relevant because of the economic systems involved. However, once there is global decentralized currencies, it becomes a true free market economy, which means that the importance of national borders diminishes greatly. Of course, people fear this, because we are taught to identify with where we were born, a nationality, a culture and if the borders disappear, who do I become, what am I?
It is interesting isn't it? That we define ourselves based on a line on a map, a fence, a body of water that says, I am this, they are that. Culture doesn't care for such things and I suspect that I have a lot in common with a lot of people around the world and the major differences between me and a "foreign culture" could also be found between me and someone born the same nationality as myself.
I am proud, because I was born between these two imaginary lines.
Seems a bit silly, doesn't it?
Something to go to war over, kill people over?
Yet, this is what happens, because we are conditioned to defend our identity, even if the identity we are defending is baseless and not indicative of who we are at all. But, what a way to control people and get them to do what you want them to do! How easy is it to unite under a flag to fight a common enemy? And while we defend our identity, the uniting forces are increasing their stake in the control they have over us.
Does this make for an awkward conversation?
Perhaps.
But I believe it is something that we have to think about, because everyone acts under incentive of some kind, but governments and corporations almost entirely act under financial incentive. It is the economy that they are driven by, which is why they do not want us to have control over the economy, because if we do, we control them and when that happens, we will not force them to do our bidding, we will defund them, and they will just disappear into irrelevance.
This doesn't mean governance won't happen, it is just that we will have the power to unite groups of decision makers and, disband them on the fly, meaning that in order for them to have power, we need to provide it. Stake it, Delegate it and then they will have to prove they will use it in our best interest - or they will lose the delegation. Currently though, they have our economic stake - but they also hold all the keys.
Well, almost all.
Voting is important.
Vote to opt out of the economy as it stands.
And opt into building a better one.
Taraz
[ Gen1: Hive ]
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It's okay, people can still identify by country or at leasy by continent even if/when the country borders get a bit vague
XD
I don't know if it's a these days thing because people move around more or if it's an always thing that just happened but I feel like cultural ties are stronger than actual country ties (so I think I'm agreeing with you but I'm not sure XD).
I believe the EU and the US are also trying to make their own digital system right now. The executive order by Biden was looking into that option so I wonder if they believe that they can just shove people onto their system or not. Either way, I am glad the thing got shot down.
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Reminds me a lot of one of the skits that Eddie Izzard does. He has a whole piece where he goes on about flags and how they were used to take over countries It is pretty funny but so true at the same time. Perhaps one day we will be fully decentralized.
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I have always found it a bit strange that a piece of cloth or a few different colors can evoke such strong emotions in people - it is like the worst of the football hooligans, on steroids and with access to WMDs....
Hive is kind of cool like this as, no one really cares where you are from, it is all about what you offer.
Yeah, I agree with that. Borderless and open to anyone!
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(Getting back to hive a lot later than normal, dropped a comment on your other post thanks for the tag :D)
It’s crazy what’s going on. This is absolute testing grounds for the agenda they want and are actively pushing. It’s terrifying because of the fucked up shit they want and will end up doing with this if we don’t wrestle some control back from these animals. Soon it will be zero protesting or your assets are frozen, as we saw in Canada. Then if you don’t comply with the latest scam to control you, assets are also frozen. So many ways these crazy fucks are going to try to coerce and force people into doing things their way. I know there’s a lot of important things going on with crypto and even internationally that are beneficial though, they are showing their cards and did so quite prematurely with Canada in my opinion. People who don’t want to be messed with are making moves into decentralization and also taking steps to protect themselves, their families and what assets they can. I think if they didn’t do the shit they did, and didn’t do it in Russia now as well, people would still be blaisé about it all. Let’s just hope that we can affect change before it’s too late! This issue is the most important issue in modern human history I think.
Also isn’t it funny how all of a sudden gun control isn’t an issue for people and handing civilians guns is totally fine to fight those Ruskies? Ah the hypocrisy.
An incredible event - but barely any press considering.
Or you will have products blacklisted at the supermarket, to make sure you are following the dietary recommendations - double flouride toothpaste is a must! :D
I agree. This is the chance we have to make a better world. Miss it, and it becomes the matrix.
The environment isn't either - with many countries putting their environmental targets on hold to ramp up energy production - but are still complaining about Bitcoin....
It is an interesting thing - the thing line between control and freedom. I believe it requires a balancing act. In the crypto space for instance, if regulators must come in and be accepted it must be as partners interested in the next financial technological revolution and not simply as obstructionists and control freaks
Basically I say you let us build the space and do what we want, but call out the bad eggs who abuse the freedom and use it for evil
Regulation is good, but centralized regulation never leads anywhere good long term. Decentralized regulation that can move more dynamically within constraints, can shift and change as the needs shift and change - much like the code of Hive.
Vote with your spending, first. There be relatively healthy and sustainable industries.
Within the current continuously increasing in terms of complexity and uselessness framework, though, even providing sustenance becomes unsustainable.
The consumer has so much power - unfortunately, the consumer is also often, an idiot.
Yea. I saw it too. The proof of work concept was hardly kicked against, but the majority carried the vote. It's not that they don't understand the power behind it, but they are just afraid that it WILL take over their rules and render them useless with time.
They want the power of control to remain within their spheres. But the blockchain has disrupted it so gallantly, so the only way they have is to pull a voting stunt against it. It's so interesting they couldn't beat it. SEE! It's high time they begin to understand that it's better to join than to fight.
The decentralized concept can only die (maybe) when the internet seizes to exist.
FAR FROM WHAT CAN HAPPEN
Perhaps what is keepoing them at bay at the moment, is that banks are investing into Bitcoin and PoW tokens like Eth - they know who feeds them.
Financial control is the most utilized weapon in wars. The current has showed us why and how warring parties could utilize the financial tools they control to manage war. Having upper hand is always beneficial but the dollarized financial system we witness this time must have triggered panic to many nation states out there.
At some point, that dollar collapses and is unrecoverable - there has to be something to replace it - I wonder what? :)
I did read somewhere about Putin wanting to get rid of the Petrol-Dollar, being the reason he invaded Ukraine, i'm in no way knowledgeable enough to pass on the information but it's well worth a look. I found it interesting but like anything you read with your coffee in the morning, my attempt to pass on the information is utterly poor. Still, i do not condone violence.
The countries that have attempted to use alternatives to the dollar for oil, have been attacked.
Luckily, in a few months, just about the only relevant chain still using PoW will be Bitcoin, and since it is so introduced in the institutions, I don't think governments will even think about locking it.
It is already happening at a small scale in DAOs, and I believe sooner or later countries and states will slowly move into a liquid democracy where citizens will have a continuous power of decision vote instead of every several year elections.
I haven't heard of liquid democracy before, but since 2017 I have been writing the odd article around similar perhaps. One I was able to find is from 2019:
https://beta.peakd.com/@tarazkp/charging-the-potential-of-proof-of-brain-for-so-much-more
That's why they have been expanding the sanctions against Russia day by day.
Yes. Defund the war. All is well, when you are against what is being defunded, until you are not.
I’ve been trying to figure out how the EU planned to enforce this. For years, crypto people have believed that governments can’t control Bitcoin. Would that have magically changed because the EU said so?
No, I don't think so, it would have just slowed it down for a bit. If the EU banned mining, it would be a boon for the US, especially after China banned it.
However, all they can really do is shutdown the farms they know of I think. However, if it is for environmental reasons, it is better to have the lining in Europe and, it can be one of the driving forces for clean tech, as it can essentially self-fund its development.
You make a solid point about turning the tables and having economic sanctions applied to us. It's funny, it very much sits OK with me when it's an 'Us vs Them', and we're the 'Us'.
It is always the case. the bad calls by the referee are only bad when they are against my team. The ref got it right when punishing the opposition.
Countries are only interested in production, money and industrialization. They don't care about environmental problems , people's awareness is not for their interest. In my opinion, we should not have relations with the state and be independent in our business fields, what do you think?
I am not sure anyone cares about environmental issues enough to actually do something meaningful.
MAN indeed has actually dominated to his injuries, somehow I fear that this war won't cause them to place a ban on crypto since it is borderless.
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