Crypto-anarchy #Cryptoeconomy
Anarchism develops most easily in small social settings. Think of your friends or family when they decide to meet for a lunch, that is decided without hierarchies and with voluntary consensus and if someone does not agree, they do not attend.
The technological tools of the information age promote peer-to-peer action, and that decentralization into small communities promotes anarchism.
Democratic political systems are a recent innovation in historical terms. They had a brief existence in Greece and Rome, and re-emerged in the 18th century, less than 200 years ago.
Mass democracy went hand in hand with industrialism.
As Alvin Toffler said: "is the political expression of mass production, mass distribution, mass consumption, mass education, mass media, mass entertainment, and all the rest."
Now that information technology is displacing mass production, it is logical to expect the decline of mass democracy.
The crucial megapolitical imperative that made mass democracy triumph during the Industrial Age has disappeared.
Mass democracy is incompatible with the information age.
A moment's reflection shows that the technology of the information age is not inherently a mass technology.
In military terms, it opens up the potential for "smart weapons" and "Information Warfare," in which "logic bombs" could sabotage centralized command and control systems.
โ Cryptocurrencies are not smart contracts.
โ Smart contracts need money.
โ DeFi needs smart contracts.
Keep a monetary system simple, the more complex the more possibility of bugs and manipulation.
That's Why #Monero
That's Why #BitcoinCash
Can hierarchies be achieved without consent?
Is it possible to subdue with violence without hierarchies?
Vision is:
Think in the future, acting in the present
Think globally, acting locally
Think socially, acting individually
Embedded in the code of the first fifty bitcoins โthe genesis blockโ is a line of plain text: "The Times 03/Jan/2009 Chancellor on brink of second bank bailout".
14 years later or 818,237 blocks, some are waiting for #Bitcoin bailout by banks.
#privacy defense
The first layer of privacy defense is cryptography.
The second layer of privacy defense is being offline.
Bot warfare
The irony of the information age: AI asking you to confirm that you are not a bot.
Freedom always exists. You only have to pay the price.
โ Henry de Montherlant
Are you paying the price?
Genealogy of Cryptoeconomics
Governments of the Industrial World, you weary giants of flesh and steel, I come from Cyberspace, the new home of Mind. On behalf of the future, I ask you of the past to leave us alone. You are not welcome among us. You have no sovereignty where we gather.
We have no elected government, nor are we likely to have one, so I address you with no greater authority than that with which liberty itself always speaks. I declare the global social space we are building to be naturally independent of the tyrannies you seek to impose on us. You have no moral right to rule us nor do you possess any methods of enforcement we have true reason to fear.
A Declaration of the Independence of Cyberspace
โJohn Perry Barlow
Genealogy of Cryptoeconomics
Timothy May saw #cryptoanarchy as the technological liberation of individuals from the coercive domination of the state apparatus.
May's philosophy of cryptoanarchism was born in intimate dialogue with another original philosophy: libertarianism.
Principles of cryptoeconomics: privacy system with p2p decentralization
Genealogy of Cryptoeconomics
Marshall McLuhan prophesied the emergence of a global community from the digital ether in the late 1960s.
In 1962, the Canadian philosopher and pop intellectual Marshall McLuhan coined the expression "global village".
According to McLuhan, the advent of electronic forms of communication would overthrow the regimes of time and space, compressing the vast geographical and psychic distances that once divided the globe into the parochial categories of nation, culture or tribe.
History never looks like history when you are living through it. To ignore history is to ignore the present in the future.
To understand the present and visualize the future, one must understand that history repeats large patterns.
Is it an asset, is it a commodity, is it a security, is it money?
The definitions that regulators impose on a cryptocurrency are irrelevant if they cannot control it.
That's Why #Monero
"Pollution is nothing but the resources we are not harvesting. We allow them to disperse because we've been ignorant of their value."
โBuckminster Fuller
Centralized Digital Identity
#suveillance #privacy violated
The agreement between the European Parliament and the Council of the EU on the future regulation that will lay the technical foundations of the European digital identity.
All EU citizens will (should?) be able to use an EU Digital Identity Wallet to access public and private online services with full security and protection of personal data across Europe.
Article 45 presents severe threats to the privacy of European citizens, the security of European commerce and to the Internet as a whole.
https://ec.europa.eu/commission/presscorner/detail/en/ip_23_5651
Think about why the http://Binance.Us ruling was so quickly resolved this year.
It was not possible for there to be an ETF in the US with Binance being dominant.
The #BitcoinETF now has a clear path.
BlackRock did its lobbying.
Shadow masters.
Binance is now US gov
Binance will fully exit the U.S., as part of its agreement with FinCEN, and will appoint a supervisor for 5 years who will be in charge of the sanctions compliance program.
The http://home.treasury.gov will have access to Binance's records and systems.
Binance is neither better nor worse than traditional banks, it is a digital bank.
The US government is neither better nor worse than other governments, it is a government with global power.
They are all the same.
Developed countries have stronger govs and more advanced technology. Surveillance and control of citizens is more severe.
Underdeveloped countries have weaker govs and their technology is less advanced. Surveillance and control of citizens is less severe. A paradise for Agorism.