Subnostr

#BitcoinEkasi just watch this video and you will understand why Bitcoin gives so much joy and freedom! https://youtu.be/d5AvBsxRMYk

Aurelius 3y ago

Great video!

I do think that it’s important to mention something. It was said that the rolling black outs in South Africa exist because the government holds a monopoly on electricity production. Yes and no. There is a lot of corruption within Eskom, and there are ongoing lawsuits concerning the theft of $50mil+ by private contractors. There is also no public money to replace the decaying infrastructure, because its decay serves the following interest:

The neoliberal economics playbook works to 1. Undermine the ability of public service companies to do their jobs 2. Swoop in and declare that they need to be privatized for “efficiency” 3. Privatize and then skim off 30% profits. The IMF is helping as well, because privatization of a massive public utility like Eskom means it can be sold to the highest bidder, which will be a US energy company.

But awesome services our #Bitcoinbrothers are providing!

Reply to this note

Please Login to reply.

Discussion

Zoltan ⚡️ 3y ago

This all sounds great, but let me correct you in one thing. The IMF is not helping Africa at all. There is a book, but my friend was even involved in it in my country how the IMF and the World Bank makes any country way poorer. They only fund projects which are not needed (or not in that size), but at least the try to be sure the money will never made back. Their only goal is to make the funded country a slave. So if you see in your country the IMF or the World Bank you need to know that your country leaders are either bribed or simply coerced.

Aurelius 3y ago

For sure! That’s what I was saying. When I used the word “helping,” I wasn’t meaning to say that the IMF was making things better. I was saying that the IMF is trying to help the neocons to privatize Eskom and sell it off to private corporations, who would absolutely not help the situation over there.

The whole purpose of the IMF (which sits in an office in the bottom of the Pentagon) is to indebt third world countries and then to a create repayment that forces austerity measures on public works and services, as well as privatization of public utilities and natural resources within the country. The IMF and World Bank are to transfer wealth from third world countries to the US

Zoltan ⚡️ 3y ago

Then we are on the same page. But it's said that until the total collapse of the FIAT system no one can stop them.

Aurelius 3y ago

😎 I don’t think it’s too far off! The BRICS countries are already providing a good alternative to World Bank financing, and Venezuela, Iran, and Russia are pushing back hard on the assumption that balance of payment must be managed in dollars. Now Saudi Arabia is considering the same thing. The reason the average American thinks he don’t like these countries is because these are the ones most aggressively pushing forward de-dollarization, so our government paints them as “evil”. These countries are probably the best balance of payment hope for bitcoin, and BRICS cooperation and its inevitable destabilization of IMF austerity policy will allow people to ask the question, “is there a better balance of payment option that won’t leave us subject to IMF austerity control and US military dominance?” And the answer is… #Bitcoin

Zoltan ⚡️ 3y ago

I totally agree with you! The Bricks will be the example. The Mandibles book will go alive.