I agree with this reasoning and it’s a much better middle ground between no involvement and a thought out plan to cause a monetary revolution. But Bitcoin isn’t really that good as anonymous cash. Wouldn’t a project like Monero better fit this description?
Discussion
I think they want cash that they can use anonymously while they surveil everyone else
Again, just like Tor or Signal. I think those are astroturf privacy
Monero might be too good
Also, they need mass adoption. Monero is too private to get mass adoption by institutions
Is this making sense?
Yes, that makes sense.
The only thing for me which still doesn’t quite make sense is the idea of 21M. Privacy is important, but the idea of a economic system with a fixed amount of currency has the ability to completely transform the world.
It seems strange to me that they would give us such a powerful and transformative tool for economic prosperity just so that they could have anonymous digital cash and do chain surveillance.
The legacy financial system already allows them to see everything if they want, and their budget is never audited and they can already basically use our tax dollars however they wish.
Maybe they just didn’t fully understand the implications.
Yes I get your idea, but the Deep State could easily use CBDCs programmed in their favour and it would be anonymous. They run the system
Current dollars are essentially anonymous for the feds. Go and try to track government spending through an economy. There are many line items which are intentionally hidden. It’s basically impossible.
Bitcoin is 100 times more transparent on the base layer than our current monetary system (assuming you’re not the federal reserve or the government itself)
It’s complicated
Spies don’t openly run systems, they infiltrate all systems and operate from within
The CIA isn’t even technically supposed to operate domestically (LOL if you believe that)
A CBDC would leave them more visible to others than they want to be
By way of example: Edward Snowden is CIA. He exposed the NSA probably because there was an interagency squabble where the NSA was tracking everything CIA agents were doing and they didn’t like it lol. And also the NSA probably wasn’t sharing with CIA like they wanted. So some good old fashioned HUMINT went in and exposed the most sophisticated SIGINT operation in human history
I have no idea on this, i only know humans fuck it up every time. If we wish to destroy ourselves we will, i doubt it. Bitcoin exists and could also ultimately be ruined, more chance. However I hope there is a humanity level shift in consciousness where next level connections are forged. Bitcoin is amazing for this
Bitcoin is pretty unfuckable. Because it’s ultimately just an idea, and even if you fuck it a bit with a bad implementation or a cyber attack or a really bad change, it’s always possible to unfuck it.
Bitcoin is a whole new form of life, in an even more profound way than the internet. It will outlive us.
People using it for JPegs is literally so irrelevant that it makes my head hurt when people spend energy worrying about it.