Bitcoin: The Key to Economic Freedom?
If governments could have shut BTC down, they would have already done it.
Is bitcoin dead? David Waugh, Managing Editor at AIER, doesn’t think so. In this episode of Liberty Curious, we discussed the philosophy and intrinsic value of Bitcoin, the problems and politicization of centralized finance, the reasons BTC may have been created, and what the future might look like.
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The separation of money from shared value generates an interjecting medium or agency between giving and receiving in free association of trust or mutual agreement. A token of exchange that becomes leverage over the life function of exchange.
The quantification of qualities is always lost in translation, such as to set worth in terms of measures that serve getting over a fear of lack, to seek external validations of worth, without its corresponding qualities. In short money seeking money rather than wealth in service to life.
Yet no matter our fine or flimsy robes, we are life and the giving and receiving of life set within systemic capture to a 'monelylender' in the Template we are not even aware of.
I've yet to hear someone grounded in simple human presence sharing the why-for of BC or similar - excepting some who simply spread risks and store some 'money' in BC.
I don't see it being anything but a prepstep for CBDC, even if along the way some get rich on it, shift money around in more direct ways or lose all their tulips - because it is a speculatively variable digital credit relative to fiat currencies that are NOT government owned or controlled but run by private banking BTW. (In theory Govs can withdraw the Fed reserve act or similar. In fact Banks withdraw govs to operate regulatory capture.
State terror - global or regional - could in my view stamp BC with terrible penalty while giving amnesty to exchange with whatever terms they set. How resilient are the exchanges? How camouflaged is the code of such a transaction from being identified as such, back to its sender/recipient. The Whales may keep it for a while just as they access banks for laundry, so as to first deny the smaller fish. But as in Tolkien's prescient 'fantasy', only one wields such power, however many align in what it seems to confer them.
True power is giving and receiving as one. This is not a bargaining of getting more for less. But in such power we can learn to release a mind for-getting that sees relationship in terms of what we get out of it rather than what we bring present to meet and share in.
The currency of false or contradictory thinking runs parallel to that of possession and control set over life rather than resting in what we have and are.
I sense that what truly belongs to us is part of us even if temporarily denied by what doesn't belong but which we stuff into or over a sense of lack as ongoing boosters to a deeper insecurity that may not show while our 'normal is supported!