Having a look at the history of communications media, we see how people used to say things like, “With Cable TV, we will finally be free,” and “Telegram will finally be free of centralization.” The worst-case scenario would be if history continued to repeat itself. If we observed that this incredible decentralized distribution system—which is also the most effective one developed in human history—was seized by a small number of centralized stakeholders, who then took control of and monitored the communications that passed through it. Already, lawmakers throughout the world are attempting to impose regulations on yet another aspect of our lives: the internet.
But rather than wait for pesky red tape like passing laws, the government has been proactive in trying to censor the internet, for our safety of course.
Talking of decentralisation, we can also tackle decentralised money. Decentralized currencies, like Bitcoin, are produced by the people, in contrast to the majority of currencies in the world, which are established and controlled by central banks. And it is nearly hard to control that sort of thing. The currency Bitcoin is decentralized. It’s actually money via internet protocol, in a similar vein to smtp, which is how emails are sent. It’s the method by which we can transfer money online. Moreover, value can be transferred via it directly from one party to another. This implies that we do not require a bank, a middleman, or a third party similar as Western Union for money transfers. Sending money is as simple as sending an email.
Its greatest feature is that it is not governed by a central bank or by anybody else. In reality, it’s people’s money. That grants a great deal of autonomy. Why are the cost and availability of money, or interest rates, determined by distant bureaucrats? How effective is that for the people’s economy? Because interest rates control economic production overall throughout time, including whether or not we should save money or invest in new projects. Because Bitcoin is impervious to censorship, it liberates interest rates and eliminates the need for users to rely on their current financial system.
Alternatives to the heavily regulated and controlled national currencies of the world are provided by decentralized currencies like Bitcoin. However, measures were made by the government to control the buying of Bitcoin. How? It installed a large bitcoin ATM. Attorneys in the US claimed that because the internet is being utilized, many restrictions apply to banking, finance, money, and even telecommunications in the US. Starting a bitcoin ATM, a very basic product, will cost at least $25 million in total, not considering various insurance bonds and money transmitters. They do this to keep out competitors. Big Business and the government oppose and refuse to have competition.
How do governments collude with corporations, lobbyists, NGOs and academia to suppress your freedom? (20)
Having a look at the history of communications media, we see how people used to say things like, “With Cable TV, we will finally be free,” and “Telegram will finally be free of centralization.” The worst-case scenario would be if history continued to repeat itself. If we observed that this incredible decentralized distribution system—which is also the most effective one developed in human history—was seized by a small number of centralized stakeholders, who then took control of and monitored the communications that passed through it. Already, lawmakers throughout the world are attempting to impose regulations on yet another aspect of our lives: the internet.
But rather than wait for pesky red tape like passing laws, the government has been proactive in trying to censor the internet, for our safety of course.
Talking of decentralisation, we can also tackle decentralised money. Decentralized currencies, like Bitcoin, are produced by the people, in contrast to the majority of currencies in the world, which are established and controlled by central banks. And it is nearly hard to control that sort of thing. The currency Bitcoin is decentralized. It’s actually money via internet protocol, in a similar vein to smtp, which is how emails are sent. It’s the method by which we can transfer money online. Moreover, value can be transferred via it directly from one party to another. This implies that we do not require a bank, a middleman, or a third party similar as Western Union for money transfers. Sending money is as simple as sending an email.
Its greatest feature is that it is not governed by a central bank or by anybody else. In reality, it’s people’s money. That grants a great deal of autonomy. Why are the cost and availability of money, or interest rates, determined by distant bureaucrats? How effective is that for the people’s economy? Because interest rates control economic production overall throughout time, including whether or not we should save money or invest in new projects. Because Bitcoin is impervious to censorship, it liberates interest rates and eliminates the need for users to rely on their current financial system.
Alternatives to the heavily regulated and controlled national currencies of the world are provided by decentralized currencies like Bitcoin. However, measures were made by the government to control the buying of Bitcoin. How? It installed a large bitcoin ATM. Attorneys in the US claimed that because the internet is being utilized, many restrictions apply to banking, finance, money, and even telecommunications in the US. Starting a bitcoin ATM, a very basic product, will cost at least $25 million in total, not considering various insurance bonds and money transmitters. They do this to keep out competitors. Big Business and the government oppose and refuse to have competition.