Necessity is the Mother of Invention
I was surprised to find this article the other night that almost parrots exactly what I said in my post about how globalism is impossible.
Globalism Has Failed, Long Live Crypto
The CEOs of the world are stepping down, the venture capitalists are drawing their purse strings, and the banks are running out of cash. Local grocery stores are out of food, and Amazon can’t even fill my orders for the next month. Our hospitals are being overwhelmed, our supply chains are broken. American senators are insider-trading and dumping tens of millions in stocks, crashing their own economy. Yet another American election is being rigged in front of our faces.
Democracy is dead. The free markets are over. Globalism has failed.
The fallout of the global recession and depression from the effects of the coronavirus are going to be much worse than the virus itself.
This is it. This is crypto’s opportunity to show the world there is a new way, a better way. As the shackles of slavery tighten in an effort to save lives, the rules of past generations no longer apply as the powers that be struggle to hold on to what little power they have left.
Okay this guy is obviously a bit unhinged from losing his job and all that, but still the message remains the same. Also he clearly believes (or just hopes) that the powers that shouldn't be are having a hard time maintaining control.
I'm not going to go that far. This feels like a controlled demolition. However, I do believe this whole situation is forcing them to reveal their agenda much more than they normally would. It is the clearly hope of everyone here that more and more citizens will wake up to the fact that they are being lied to and abused on a daily basis without even realizing it. This whole COVID lockdown could be a big part of that awakening.
Kudos to Justin Sun for giving us a preview to how this all might go down. Remember when I was jokingly writing "Dear Diary" entries and talking about a Tron occupation of Steem like it was a physical occupation of a country? Yeah well I get the feeling by the time this is all over I'll be doing it again... and it won't have any of the same sarcastic tone. Riots and martial law are a real possibility at this point given the unknown timelines we face.
Crypto moves much more quickly than real life does. Bitcoin has 4 year boom/bust cycles compared to the 12 year legacy economy. Bitcoin lost a year's worth of gains (50%) in a single day rather than it being long and drawn out. Steem was able to hardfork to Hive in two weeks after being centralized. It will take years/decades for these things to materialize in the legacy economy.
Remember how much it sucked during those two weeks while we were under Tron occupation? Remember how much we struggled and worried about what was going to happen? Now it feels like we are over the hump and in a much better position than we ever have been before.
Hive is trading 50% higher than Steem, and Steem is up 10% today... exactly 1 week after the fork. This is pretty incredible considering how many accounts are aggressively dumping it. Make no mistake, a high Steem price is absolutely an amazing thing for all parties involved. I hope Steem never dies; doesn't mean I want to hold my bags there.
If the centralized shitcoin known as Steem can survive (and even thrive) then Hive is in an amazing place. Don't you guys see how crazy this is?
Everyone is getting what they wanted!
Trons needs a social media. China needs censorship. Hive needs freedom and decentralized development. Justin Sun needs control (he's even got 5M Hive... no big deal). Hive members need the opportunity to dump their Steem bags and fully migrate over without crashing Steem to zero. Sun need to keep the value of Steem higher than 10 cents or he looks like a complete and utter failure.
It's all working out in everyone's best interests.
And this is what crypto is all about. Did you guys think we were going to win this war against the Great Satan by defeating him in mortal combat? C'mon now, that is just laughable. What needs to be offered is a better deal. We give those greedy assholes a path that is more profitable to them and us at the same time. That is the only way this Trojan Horse is going to be allowed into the economy with open arms.
DPOS
This is why I'm so stoked on DPOS. While the idealist Bitcoin maximalists look at us with absolute disdain, we are the ones bridging the gap between legacy governance and crypto governance (representative republics). We are showing the sociopaths in charge that they can adopt these systems, make more money than they already are, and still retain a good amount of control.
Justin Sun's survival should actually be important to us even though we fucking hate him. He is the one leading the charge to bridge the gap. We are on the other side.
A Win for Justin is a win for crypto. Just like a win for Libra is a win for crypto. The idealists can't see it. They see it as an abomination. That's just life. There must be sacrifices and compromises.
We can fix this. Blockchain technology and cryptocurrency can be leveraged to build new and better systems designed to fit the needs of humanity, and no longer serve the sociopathic elite. The crypto community has been waiting for an opportunity to prove itself, and despite the horror of the present reality we now face, we are capable of overcoming this attack against humanity. The Globalist agenda must end. The future must be decentralized.
The road ahead is riddled with obstacles.
We do not have the infrastructure to make all of this happen at once.
Crypto very heavily relies on the legacy economy as a bootstrap.
In my opinion, no cryptocurrency is legitimate until their community has food/water/shelter supply lines. How many do? Zero.
If we can't provide the basic necessities required for a human to survive, we ain't shit.
Simple as that.
This is the ultimate centralized attack vector against any group of humans on Earth.
Necessity is the Mother of Invention
The more resistance we face, the harder these communities are going to push for their relevance.
Hive is living proof.
Worried about centralized internet?
Attacks against crypto via ISPs will be met with massive mesh-network development.
Worried about quantum computing cracking modern encryption?
There are already coins and code for that.
Worried about OS backdoors and government snooping and/or hackers?
- Airgap wallets are your friend.
- I'm still surprised that crypto-Linux doesn't exist yet.
- Anonymity and privacy are key
- Paying rent and Internet bills anonymously isn't impossible.
Worried about facial recognition?
- Ironically we have an excuse to wear facemasks now.
- Personally I think that face paint and makeup will become a fashion statement in the event of aggressive authoritative facial recognition. Just another way for the corporations to make money.
It doesn't matter what you're worried about.
Crypto is going to respond accordingly.
Is it going to suck?
Yes.
Will there be growing pains?
Yes.
Will there be suffering?
Yes.
Will it take longer than we want to wait?
Yes.
That's just how it is.
Conclusion
Crypto get's pushed.
Crypto pushes back.
The more adversity we face the faster our evolution becomes.
Embrace adversity and quench your fear in the progress it brings.
Is there anything yet for Hive like SteemitBoard was, where we can see a ranking of Hive and HP holdings?
I doubt he has any powered up.
As to your question: no idea.
Ah, the idealism of youth! I cannot fail to admire your zeal, as well as your ideals, but confess I have had those beaten out of me during my decades of seeking to undertake to be free and prosperous in America.
Nietzsche said 'what does not kill us makes us stronger', but that isn't true at all. Ask any paraplegic. Ask folks with scarred lungs after surviving viral pneumonia, or after being shot or beaten during a protest, and being crippled for life. It's easy to think it's true, until you actually bear the scars of such adversity.
Then what you realize is that failing to prevent adversity from crippling you doesn't make you stronger at all.
Adversity you prevent from crippling you makes you stronger, and that requires defeating your adversaries by crippling them, or killing them, before they can cripple or kill you. Zeal and idealism are motivations, but unless they're supported by power and superior strategy, they'll just get you crippled.
Libra will not be good for crypto. It's a trap that legacy financial institutions will use to gain more power over most everyone by surveilling their transactions, possessing the power to turn off their accounts if they dare to speak against the government, or more relevantly, the banksters that run it, and ensure their taxes, fees, and fines cannot be unpaid or miscalculated.
FEDcoin will not be decentralized. It will be far more able to exert control over people, just as the 21 million fewer cell phone users in China today reveal. Those 21 million people were availed (forced) Alipay with which they could pay their rent, buy stuff online, and needed those phones to even be able to walk on the street after China mandated their citizens use the Health app that assigned them either red (infected), yellow (maybe), or green (clear) avatars, and only allowing those with green to travel now. Those 21 million people aren't free now. They're either crippled socially and financially after China turned off their accounts so they can't even sleep on the streets, or dead.
Banks, cops, judges, politicians, most lawyers, etc., are criminals, know they are criminals, and deliberately act to secure their power and wealth by committing crimes on purpose. ZuckerBorg is one of them, and his creation will be used for the purpose of increasing his and his allies wealth and power.
The miner consortiums that control BTC, it's inflation, and etc., aren't secure. Remember the day BTC crashed from it's high? Remember that was the day the BTC futures market began operating. Also remember transaction fees were as high as 25% at the time. You couldn't sell BTC to save your life. The banksters didn't need to invest one slim dime in BTC to crash it's value.
Don't underestimate them, and don't make the mistake of thinking they can't do permanent damage. I know this because I can barely walk today. This means I won't be leaping any barricades.
I can't remember if anyone has ever called me an optimist... ever.
Let me be very clear: I don't think I'm going to survive this.
I've already severely overplayed my position with nothing to show for it.
How many of us are on some BS government watch list? Who knows.
An individual is fragile.
Life in general is incredibly resilient.
We are approaching an age of mass extinction, radical environmental change, and hyper evolution.
If I happen to be cannon fodder for the first line of defense, so be it.
Bitcoin crashed from 20k because it was bubbled AF. Derivatives can't tame a beast that is doubling in size every year. If anything I thank the futures market for lowering the volatility of Bitcoin by crashing it early. Don't act like Bitcoin hasn't already bubbled and crashed in exactly the same way several times over with no futures market involved.
Also, Bitcoin is not the coin of the people. If anything it would serve as a great world reserve currency used only by governments, banks, and corporations to transfer around huge sums of money quickly and permissionlessly. This is exactly what's going to happen if enough fiat currencies go under and can't resurrect themselves. Oh but wait... wouldn't it be nice if they rolled out G5, facial recognition, banned cryptographic communications, and monitored all online transactions before they embraced Bitcoin?
Oh wait... that's happening right now. LOL. Bitcoin is going to go x???? over the next two years... and that's not a bullish statement. It's going to be fully co-opted. What I'm hoping for is the trickle-down effect to fund every other project. Maybe we'll fund something good out of Bitcoin's corruption. Crypto is exploring every available option. Most paths are dead ends.
Derivatives can be structured to multiply exponential growth, or just as profitably quell it. I find it almost unbelievable that JP Morgan is keeping the price of silver down despite the immense crash of stocks, and at a time when silver is at its all time low relative to gold. It's quite a trick.
Hell, they dropped the price 25%, although it's bounced a bit.
BTC has far less financial interest, and is therefore far more manipulable. When you can conjure infinite amounts of money out of thin air and deploy it however you want, you sure as hell can control the price of anything.
I read Amazon has discovered one of their wagies is infected. Is that not in your neck of the woods? Stay safe.
Also you're just flat out wrong about Libra.
There is a reason why Zuckerturd got slapped down hard.
Libra represents a threat to central banking.
They don't want the competition.
He would have just as easily got the green light if it had value to them. It doesn't.
Pretty soon corporations are going to be wondering what the hell they need central banks for. They can be their own central bank. In the war between revolutionary tech companies and central bank dinosaurs, I'm betting on tech companies. The destabilization of the balance of power this war causes will allow real decentralization to trickle through the cracks.
I don't care if hundreds of millions of people get fucked over by Libra if it gets hundreds of millions of people more accepting/educated of crypto in general.
It's possible he has a lot more than 5 million hive, no?
Possible he has less as well.
Of course, but the way you phrased it made it sound like it was a certainty that he only had 5 million. There was literally tens of millions of steem purchased on the exchanges in the days leading up to the snapshot, and it's entirely possible some of that was Justin Sun. If it was, it is now entirely possible he owns tens of millions of hive at this point. Just pointing that out.
Yeah I just felt like a lot of people don't realize how much stake he has in Hive even after 80M coins got funneled into the @steem.dao
crypto is about to take the world by storm crypto is the future
I love your optimism, matey.
I'm not intentionally wanting to burst your bubble, either....but...lol
What if every cryptocurrency we know of, is already owned by the the powers that be?
(the money amounts are irrelevant, but the control it offers isn't)
We would be naive to think that 'they' haven't already though of this - far ahead of 'us'
Crypto is the future for the globe. If crypto is not the future for the globe, then i am waiting to know the future for the globe