Cryptocurrency Is About Freedom

The worst part about cryptocurrency is the word "currency". Here we see how the ideals got lost due to most turning this into a financial tool only. It has led to the massive speculation and mindset of Mooning and Lambos. Few are willing to take the longer-term view nor find out the true meaning of what is taking place.

We see the financial media cover cryptocurrency, especially Bitcoin, just like any other asset class. To them, it is all about the market and what price is doing. To a degree you can say this is their job. However, those institutions or the people in it never take the time to truly find out what is taking place.

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This is no surprise since they are not only part of the establishment but also responsible for delivering the message set forth by the agenda. Those in power use this mechanism to program the masses. They determine what people are going to think.

Of course, this is all part of the entire system that is structured to keeps things moving forward. We can presume, based upon a simple look at the last few decades, the path is not towards freedom. This is not their course. Instead, it is about more control and power.

Whether this was some major plan (unlikely) or simply a result of the ability to use the system over decades to amass more power (more likely), the result is we are heading towards tyranny.

Cryptocurrency Is About Freedom

The vision of Satoshi was not about people getting mega-wealthy off Bitcoin. Certainly there is nothing wrong with that as long as it is not the main intent. If it is a byproduct of what is pursued, then all the better. However, enormous wealth off cryptocurrency is a bad overall goal.

We often discuss the idea of blockchain being immutable. This provides a mechanism whereby what is imprinted on the blockchain is there. It is very difficult to get anything changed. This is in sharp contract to the centralized systems we see today.

There is also the benefit of the fact that people hold their keys to wallets. As a financial vehicle, this provides control over one's money. Of course, if the account has a larger purpose, such as for social media applications, this offers account ownership.

Here we see something that appears insignificant to many. We know most of the world pays little attention to freedom of speech or having a forum that is beyond the ability to be censored. For most, they have no problem with Facebook, YouTube, or Twitter. Even those in the cryptocurrency space who were zapped by those entities run right back to them.

The challenge here is that things will not likely to reverse course. It seems the trend is that more is falling into the category of being censored on the existing platforms. This means that more people are being displaced. Naturally, many will fight to get back on the same platforms that are pushing them out but we know this will not have much success.

Cryptocurrency Is The Tool For A New System

Ultimately this is about creating an entirely new system. The present one does not work for most people. Instead of enjoying the benefits of what is generated, they are basically slaves to the system that is controlled by a relatively small amount of people. They are the ones who enjoy the fruits from what is taking place.

We will not alter things if we simply recreate the same system that exists now. The entry into cryptocurrency by Wall Street and major corporations is playing into the same hands. People in cryptocurrency get excited about the prospect simply because they believe it will send the tokens they are holding higher. The question of whether or not this is beneficial to the long-term move towards freedom never enters their mind.

Bitcoin was designed as "the people's money". It is far from that now. Instead, we see "Wall Street money". Bitcoin has little utility. It is something that is mined and sold. Mining companies are now large behemoths that work in denominations of millions of dollars. The Bitcoin mined is sold, favoring those with the financial resources to purchase it. When it comes to that, few can outpace Wall Street.

The same is happening with DeFi. We are seeing banks starting to make moves in that area. It is obvious this is a much better system than what they are offering yet they are not intent on losing their control. This, of course, brings the interest of the regulators who are also focused upon remaining relevant. They feel that anything new is automatically theirs to control.

None of this will lead to a new system, at least not based upon its own.

Can They Stop It?

The multi-trillion dollar question is whether they can stop what is taking place? They are approaching this like anything else in their realm. There are always the solutions of money or laws.

Personally, it does not appear this will work. Certainly, Bitcoin can be taken over with money since it is finite. What most tout as the benefit of Bitcoin is also what makes it a prime target for the money machine that is Wall Street.

What makes it very difficult is that when we move passed Bitcoin, we see a different picture with cryptocurrency. That is not finite, hence cannot be bought with money. This negates the ability of the money players to a large degree since what we are dealing with is infinite. They have a lot but there is ultimately a limit to what they have.

The tools of freedom are in our hands. We saw what happened with Steem when Justin Sun came in with big money. In the end, he did get what he went after yet it was vastly diminished compared to what it was before. The ability to fork is a nuclear option that is always present.

A challenge we presently have was spelled out by @theycallmedan in his latest article where he goes on a bit of a rant. He pointed out that most of the top 100 tokens, based upon market cap, have centralization problems. There are pre-mines and founders shares in them. This is an issue since it is a point of vulnerability. If money players can easily enter and take over, the ability to push towards freedom is thwarted.

He goes onto to explain how decentralization and distribution of tokens are vital. It is not an overnight process but takes years. As things spread out, it removes a major attack vector from those who are presently in power. The ability for people to be rewarded for their activity on Hive helps to push the distribution further out over time.

Hence, the ability to forge tremendous wealth is a wonderful byproduct. We know the present system creates a huge amount of wealth. This is only going to increase with the advancement of automation.

Cryptocurrency can solve what is a major issue right now, distribution. Thus, we should seek to enrich those who are involved in cryptocurrency through the creation of a system that is based upon freedom, not simply another Wall Street casino which they will ultimately take control of anyway.

The wealth needs to come from the building out of a system that is alternate to what is in place and creates utility for billions of people. With a new distribution mechanism for the value created, we can see how this will benefit a much larger section of humanity as opposed to just a select few.

In the end, freedom is very enriching. This is something that we have to always keep in mind.


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In the end, freedom is very enriching.

And if it takes a disruptive technology plus decentralization to get there, we should embrace it. You are correct, the future is in our hands and the fight against the Wall Street mentality will not be an easy one. Especially as Wall Street literally has the main stream media in its pocket.

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I think it is happening no matter what else is going on around us. The trend is in motion, it is just a matter of time before more development rolls out.

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Bang, I did it again... I just rehived your post!
Week 67 of my contest just started...you can now check the winners of the previous week!
!BEER
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Freedom is worth a whole lot more than money. People will one day realize.

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The bank's current system is a legacy system that was built decades ago. I don't think they can upgrade the system so transitioning to Defi seems like an easier solution to them.

We need more decentralized systems so we can remove some control from these centralized systems.

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I agree. The more people get involved in DeFi, the more money that is removed from the centralized system.

We simply need to opt out.

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The dislike for my government as of late is at an all time high. Crypto has paved the way for myself and I'm sure MANY others as a viable way to earn income in this ever changing world and to start allowing others to actually produce income especially over the lock down (which who knows they might try and enforce once again here soon)

Crypto gives people freedoms and they are now trying to backstep, break their own laws by introducing new ones and to be honest step all over the constitution to try and get their greedy hands on more money. The last thing we should be doing is giving more money to government it's a path we DON'T want to be going down and always ends very badly.

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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I agree with all of this. I think the thing is most people basically don't care about all of the other stuff. The only way you are going to draw them in is to talk about the big money they can make. That is what gets their attention. Hopefully they learn about it and realize all of the other potential, but like I said, for a lot of people they just don't care.

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Hopefully there are enough people who do this to advance things.

Fortunately, each person who is involved does take some resources away from the present system.

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I didn't see the challenge but I think somewhere the big corporations that do dump and pump of cryptocurrency are restricting some freedom for the average investor

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The fact that cryptocurrency offers freedom is what makes it prone to witch-hunting. It becomes attractive to the wealthy who feel as always by owning plenty, they can gain profit from the not so wealthy. However, with crypto, there is no monopoly. It's the best thing about it.

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I agree with you sir. Well! Our focus will be on maximising the platforms that will enhance the prompt and continuous distribution of the crypto tokens like the hiveonboard, till the freedom is achieved.

Just like you have pointed out.

"The wealth needs to come from the building out of a system that is alternate to what is in place and creates utility for billions of people. With a new distribution mechanism for the value created, we can see how this will benefit a much larger section of humanity as opposed to just a select few."


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I agree with you sir. Well! Our focus will be on maximising the platforms that will enhance the prompt and continuous distribution of the crypto tokens like the hiveonboard platform, till the freedom is achieved.

Just like you have pointed out.

"The wealth needs to come from the building out of a system that is alternate to what is in place and creates utility for billions of people. With a new distribution mechanism for the value created, we can see how this will benefit a much larger section of humanity as opposed to just a select few."


Posted via proofofbrain.io

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I agree with you sir. Well! Our focus will be on maximising the platforms that will enhance the prompt and continuous distribution of the crypto tokens like the hiveonboard platform, till the freedom is achieved.


Posted via proofofbrain.io

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I agree with you sir. Well! Our focus will be on maximising the platforms that will enhance the prompt and continuous distribution of the crypto tokens like the hiveonboard platform, till the freedom is achieved.

Just like you have pointed out.

"The wealth needs to come from the building out of a system that is alternate to what is in place and creates utility for billions of people. With a new distribution mechanism for the value created, we can see how this will benefit a much larger section of humanity as opposed to just a select few."


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The advocates of tyranny are skilled at turning the tools of free society against the free society.

Notably, free speech is fundamental tool of the free society. The far left uses free speech to tear down the free society. When they gain power, the turn against free speech. When they gain hegemony they eliminate free speech as we see done by the CCCP.

The US Dollar was a tool of a free society. The Federal Reserve created a control structure for the dollar which favors central finance to the people at large.

As crypto develops, people need to keep an eye on the tricks that centralized commerce wants to pull on us so that they can control people with crypto.

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exactly financial freedom always makes us happy hehe

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It's gonna be tough because the establishment will do its best to retain control of the system so we must keep building alternatives and empowering people so they can become free.

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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I agree with you that cryptocurrency has provided a new opportunity to a lot of people. I am one of them who had lost all my interest in writing but now I have found a new niche to work in!

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People also forget it is about the protocol. You can build so much off of it

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Without freedom and relief from the inflation most governments seem to love, we are at the mercy of any corrupt politician who manages to get control. This does not sound like a good future!

In your opinion is a crypto with an infinite number of coins preferable?

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The powerful people amongst will most likely try to jeopardize whatever is brought before them.
They'll try swindle whatever they see.

I think the biggest hope is that blockchain technology have come to stay. The hope really is that there's no limit to how many chains can be created.

If the majority to which this freedom is given can simply move to another chain or token, when the powerful buy up Bitcoin for example, then there's no way cryptocurrency will ever toe the line of centralized asset. We just have to rule our destiny in the chain.

Ordinary people must resist the temptation of following some powerful beings.

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Freedom is far more valuable than money. With freedom, you can always find some way to create value. Without freedom, there is only poverty, no matter how much currency there is. !BEER

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