Image by 愚木混株 Cdd20 from Pixabay
In 2009 a light appeared at the end of the tunnel. For the first time, technology could be used to decentralize and eliminate the intermediaries created by the savage capitalist system that rules us. For the first time, technology could make us think of a society without intermediaries, egalitarian, without the need for permits, without borders, without the need to trust anyone to carry out our work. In the early days, everything was in the hands of nerds who spoke an unintelligible language and who formed an impenetrable elite for the common man. Later, the idea of decentralizing the monetary issue and the distribution of transactions became known to people who found extraordinary utility in the new technology, who realized the enormous step that humanity could take if the paradigms were broken, especially the paradigm of bank control. Remember Henry Ford when he said at the beginning of the 20th century that if people knew how the banking system works, there would be a revolution before dawn. If people can operate in a purely P2P context as the first line of Satoshi Nakamoto's White Paper proposes, banks are utterly and definitely useless. The intermediary disappears, and by extension, all kinds of hierarchy disappear, since banks are the fundamental pillar that governments have to control their cattle.
Unfortunately, for the moment, the best-known products of decentralization are cryptocurrencies and related ecosystems, which today continue to be another instrument of capitalism. Cryptocurrencies were and continue to be treated like company shares or public or private bonds, which can be traded in supposedly free and transparent markets. The same Wall Street tools are used for a concept that is totally opposite. And to make matters worse, since the amounts that are still operated are relatively small, the so-called whales make a party with the money they earn at the expense of the naive who enter new projects designed by unscrupulous people who promise Ferraris and yachts.
The thing tries to be hidden with the so-called DAO. I would love to be able to believe in DAOs. But I have reviewed tens of White Papers and Tokenomics proposals from disparate projects, and I always discover the same thing. A DAO, which should be a decentralized governance mechanism where no one holds any kind of power, always has a hierarchical structure of some kind. There are members who are more members than others. A “DAOcracy” has been formed, driven by new technology projects that precisely propose that there be no hierarchies or any kind of “cracies”.
So, seeing that everything remains the same, and that the only thing that changes are the names, but the putrefaction seems to be the same, international organizations take advantage of the "troublesome river" situation and instruct their lower levels, banks, and central banks, to move forward with CBDCs to add more bullshit to the general confusion. On the one hand, the common people do not understand anything about how distributed systems work and, in their search for economic success, if they approach cryptocurrencies it is to get rich in a week, and, on the other hand, those who do they understand the power of technology, instead of leveraging it to create a new paradigm, they continue with the existing paradigm, but under the name of DAO.
What's the score? CBDCs.
CBDCs (Central Bank Digital Currencies) are the quintessential Orwellian nightmare. All those who trade CBDC will be exposed forever to corporate-controlled government blockchains, in a way that Orwell himself could not have imagined. They may not even have sex, neither marital nor extramarital, in secret. Your entire life will be in the hands of a controlling, corrupt and manipulative central apparatus. Their lives will no longer belong to them because every transaction they make will have to go through a controller that will have power that has never been known before. With the CBDC system, the system directly becomes a swarm of corporate lackeys who review the transactions made by each individual one by one. Exactly the opposite of what Satoshi Nakamoto proposed.
Can you imagine what the power of blockchain technology in the hands of politicians means?
Fiat currencies and the control of their issuance were invented precisely to be able to control people. A central entity says how much to issue and put into circulation. If you want something, you must go begging from that central entity. Unfortunately, DAOs follow the same paradigm, and as long as this does not change and a truly distributed system is thought of in which there is not even the slightest hierarchy, the system will have "changed so that nothing changes".
I listen to ideas, not the eternal "anarchy cannot exist" or "man is competitive by nature." Implicit in this type of argument is the idea that the State is absolutely necessary, which is why it is obligatory to collect taxes. Both neoliberalism and socialism are based on the state paradigm and both desperately need it as a platform for the acts of corruption that will inevitably take place during a government of either side. Both ideologies consider that, if they leave us free and without hierarchies, humans are going to exterminate each other with sticks as in prehistory. That is the reason why they “protect” us with a State.
I have not watched television or read newspapers for more than 20 years. Instead, my wife watches television and watches series on Netflix, despite the fact that I constantly tell her that everything Netflix shows has the function of corporately instructing the world's middle classes. She recently showed me a series in which the Prime Minister of Denmark ended up giving in to corporate pressure to exploit Greenland's oil, knowing the ecological disaster that meant.
The message is very clear and could be summed up more or less like this: “Listen, everyone, if a supposedly transparent official from one of the countries with the least corruption on the planet cannot beat the corporations, then, you simple slaves from lower-ranking countries, nor even try. The resources of the entire world belong to corporations. Resisting is useless." No more no less. Corporate power is limitless, and that's how Netflix broadcasts it.
Is it unlimited?
If the DAOs work with the same hierarchical scheme, you will have to believe that they do, and your work will be paid in CBDC, and the world will be a single office, as Lenin wished.
I will continue.
Thank you for reading! Decentralize yourselves as much as you can, and much more! Work for yourselves, not for others. When you work for someone else, they pay you what YOUR POSITION is worth, when you work for yourself, they pay you what YOU are worth. No one achieves financial independence by working as an employee. Live long and prosper!
Never forget:
As usual, none of the things written in this post are financial advice and are not intended to replace personal research. My sole intention in writing this post is informative. Several of the things discussed here could be wrong, so in no way can this post be construed as financial advice, and in no way should it replace your own research.
If you have any questions or comments, please feel free to leave them down below
You can also contact me at gerardo.saporosi@gmail.com
Twitter https://twitter.com/SirGerardThe1st
LinkedIn https://www.linkedin.com/in/gerardosaporosi/
Follow my blog Anarchy: the Final Solution:https://gerardosaporosi.substack.com/
Mensaje para hispanoparlantes. Pueden seguir mi podcast MACROESTRATEGIA en Fountain. ¿Sabían que en Fountain pueden ganar sats solo por escuchar episodios de sus podcasts preferidos? No se pierdan esta oportunidad de juntar sats para usar en la Lightning Network.
Bajen la aplicación Fountain para IOS o Android y hagan una cuenta con mi referral link
https://fountain.fm/sirgerardthe1st?code=7ea0b680d3
Cuando la hayan hecho, podrán empezar a acumular sats solo por escuchar sus podcasts y sus episodios favoritos.