Bitcoin and the crypto-revolution...REVERSING ELITISM, or just churning it?

in #beyondbitcoin5 years ago

The bitcoin/crypto revolution is, without a doubt, the most significant revolution in the "universe of quasi-immaterial things" since the invention and wide-scale dissemination of the internet in the late 90s. Not even Facebook, Twitter, and the "social media" revolution, or the rise of alt-media/news, has had the impact (especially the potential future massive societal impacts) that crypto has had on the world economy and polity.

While the sociological impacts are bound to become even more ENORMOUS as BTC and other cryptos begin to gradually gain significant "market share" in the world of exchange media, there is a major "clash of titans" in the offing. Nothing better exemplifies this than the fact that the U.S.A. power brokers have stationed elements of the U.S. NAVY off the coast of Venezuela, and that they continue talking about "military solutions" in the mainstream American press, without really saying much of anything about what military intervention would be FOR. Well, the truth is, Venezuela is a major threat with their employment of the new crypto--"Petros" --to the entire under-pinning of Western elites' control over Western societies. Venezuela directly threatens the central bankers even more than does the fact that several major nations of the world are leaving the USD as a reserve currency. That is now, given U.S. official reactions, self evident.

This threat from "The Petro"--one of a few cryptos that is actually backed by a valuable hard asset-- is obviously just a microcosm of the overall threat to the banksters that the BTC revolution initiated years ago, and about which the central bankers are obviously now very, very nervous. But it is a more IMMEDIATE AND VALID threat BECAUSE it is backed by something tangible, valuable and very desirable. A crypto BACKED BY SOMETHING is a far superior currency to Federal Reserve notes, British Pounds, Canadian dollars, etc., that are nothing but IOUs backed by the "good faith and credit" of the same debt masters that issue these junk currencies and that maintain the facade of democracy and a "western civilization" built on usury. A global reset under such circumstances will soon become inevitable, and Wall Street equities are reflecting that harsh reality as I write.

But, when the dust settles--if, indeed the world survives and it ever does settle--there will undoubtedly be a whole new set of power elites running the world. A lot has been made of the egalitarianism inherent in the block chain and some of the cryptos that are linked to it, but that is not part of the "bitcoinverse" at present, and not even, really yet, (despite lots of good hardforkian reform talk behind the scenes) true here on Steemit, either. But, IMHO, the degree to which blockchain (i.e. uncensored) cryptos capture larger proportions of the cryptoverse, prior to the final war between fiat and crypto, the better the world is likely to emerge on the other side. A truly egalitarian world, along the lines of 19th century America prior to the rise of robber barons, may be possible.

Elites that run the world now are largely made up of families who got to the top through rapine activities-- monopolistic trade practices, military interventionism, colonialism, the drug and/or sex trade, etc. In other words, they are families largely made up of some of the most unscrupulous, egotistical and vile people on the planet. The whales of the broader cryptoverse seem to be a much more diverse set, and we can certainly take comfort in the fact that they are not likely to be as bad as the current "masters."

The revolution of cryptos against established banker-controlled fiat currencies is going to churn the social/economic layers of world society. Make no mistake about that. Many people who were once very poor, poor, and middle class will suddenly become powerful. Families that have been rich for decades, especially as a result of banking activities, are going to quickly become far less relevant.

From what little I know about the whales here, they seem to be very anti-centralist, libertarian, freedom-oriented and "laid back." If they are representative of the big fish in other crypto markets (and some evidence strongly suggests they are) we need to be prepared for a decentralized world (post reform) that will look very, very different from the one we have now. FREE ENERGY technologies will quite possibly ease the transition greatly, but the personalities, proclivities, and priorities of the new emerging elite will determine a lot about how the world operates, post banksterism.

Still, we must be ever vigilant in identifying and opposing demagoguery, mob rule, and the old maxim that "power corrupts, and absolute power corrupts absolutely." We may want to think about using social mores and other techniques of "crowd control" (Our U.S. Constitution being a very good example) and their own philosophies thrown back to them, to bind these newly-minted super wealthy to those egalitarian and anti-centralist tendencies they currently profess. Otherwise, the inevitable tendencies of nouveau richeness could doom us all to merely becoming slaves of a new type of global elitism.

Steemit truly has the potential to save the entire crytpoverse revolution from eventually providing new elites who fall back into old patterns and old ruts of selfish elitism from arising from the ashes of bankster "capitalism." We must all work together to advance that potential, and to squelch human nature and to bind it to a new master--the rule of egalitarian republicanism and laissez-faire capitalism.

Sort:  

Just my opinion, I think bitcoin and the likes are created by the powers at be. Going digital will be the thing no more cash it goes well with the Transhumanist agenda. That's one reason we saw the Trans agenda (baphomet) along with corrupting God's design. They think its all about spiritual alchemy. Kind of like quantum computers being 1 and 0 at the same time. I know it sounds crazy but the more you look into it the crazier it gets.

You nay very well be right, my friend. I would NEVER suggest anyone invest anything in internet-dependent sources of (temporary/current) revenue than they can afford to lose.

HARD ASSETS...especially food, guns and ammo, are the name of the game.

I would add silver and gold to that list historically they have always been worth something. I just view crypto currency as fun money. I've invested some bitcoin coin into steem mainly so I can up vote people with good content like yourself.

Thanks, brother, I appreciate that. Right. Isould definitely suggest people have (in this order):

  1. Food, clean water and ammo.
  2. Gold and silver coins.
  3. Cryptos
  4. Junior (Canadian) gold companies...with good drill results, and with accessible land holdings (power, water, decent roads, etc.)

Coin Marketplace

STEEM 0.35
TRX 0.12
JST 0.040
BTC 70734.57
ETH 3561.52
USDT 1.00
SBD 4.75