powerful emotions in play https://youtu.be/8zKuoqZLyKg?t=47m20s
Indeed. Outrage is an appropriate emotion....and perhaps hope. But those poor kids will still be lost, their families will still be devastated. We owe it to their sacrifice, their anguish and their memory to ensure blockchain's potential to wipe out corruption is realized.
Problem to me is that people actually think Bitcoin will change all this. Bitcoin (and all the rest of crypto) is part of the Hegelian Dialectic (Create the Problem knowing the reaction...and then providing the "solution"). Ironically, this happened all around the same time of the 2008 crisis when most of these banking cartels stole such large sums of money that they can now completely control the entire crypto market to ensure the projects they want to succeed do...and then utilize the tribalism of those chains to destroy those chains that do not work the way they would like it to.
Let's look at some interesting points about bitcoin and mined tokens (ethereum briefly mentioned):
- Bitcoin is proof of work, which could have quite easily been controlled very early on to give multiple state actors (likely from intel agencies) a very large stake in it.
- Bitcoin is not anonymous. In fact pretty much all tx can be traced by governments.
- If Bitcoin was the answer, Ross Ulbricht would still have control the silk road (now it is controlled very likely by the same cartels that it was built to fight against)
- ASIC manufacturers are the big controllers of bitcoin and at this point I honestly am not sure if anything will fix that balance of power distribution problem that has been guaranteed to have risen up...
- Blythe Masters, the architect of much of the corruption in markets today, and other people like the Winklevoss bros (who were part of the creation of freedom-loving facebook) are in love with Bitcoin. Why??
- Microsoft (who intentionally provided backdoors in their software for the NSA) and IBM (who has a long history of terrible actions) are now accepting ethereum even though it is still largely so new that it is not even yet certain to work...(but trust me it will...because they will make sure it does,
for them).
There is much more and unfortunately this is a terrible day for me to try to respond because I'm technically out with fam, but suffice it to say, we need to really step back and think instead of succumbing to the emotional side of the argument. OUR decisions on how to use crypto...not bitcoin...are going to save or enslave us:
Click the image to read the article...