This might be speaking to the choir but this is becoming more evident by the day. We see a host of individuals and entities coming out against Bitcoin. Are they for freedom or serfdom?
I think the answer is obvious.
When you have people like Senator Elizabeth Warren coming out against Bitcoin, you know what the answer to the above question is.
"Cryptocurrency has created opportunities to scam investors, assist criminals, and worsen the climate crisis," she said. "The threats posted by crypto show that Congress and federal regulators can't continue to hide out, hoping that crypto will go away. It won't. It's time to confront these issues head-on."
Of course she has to throw the climate crisis in there. That is how they garner a unified front against Bitcoin. After all, if you love your children you cannot support Bitcoin.
As we know, recently El Salvador passed legislation that made Bitcoin legal tender in that country. This, naturally, got a call from the powers that are. First the IMF showed up to, presumably, voice their dissent. Then we saw the United States State Department chiming in that El Salvador better regulate it (no word on the what else was but we can conclude it was there).
Does this sound like freedom to you? Or is this more in line with tyranny?
Private, Cryptographically Secured Money
This is something that should not be overlooked. When talking about freedom, we need to take it to every level. In this discussion, we are obviously referring to money.
When trying to move away from totalitarianism, it is important that people have control over their lives. This is the entire point of Bitcoin.
Those who speak out against it, no matter what their justification, are calling for totalitarianism. There is no other way to look at it. Either you are with us, or against us. There is no middle group.
Calls of this nature are effectively wanting to cede control over every single transaction in one's life, every interaction, and the freedom to buy what one desires over to the State. Certainly this is in line with the thinking of Senator Warren.
Bitcoin, as well as other cryptocurrency, prevents this. Here we see the ability for people to opt for what they want. The State is not in the middle of every transaction. In contract, this is more in line with Freedom.
CBDCs: Programmable Money For Governments
Almost every nation in the world is looking into Central Bank Digital Currencies. They are going to be sold as a pathway to UBI, which they probably will be. It also is one that brings us on the road to serfdom.
China is not known for having an open government that is concerned about freedom. Instead, it is recognized for the tyrannical way it wields power. Is it any surprise that this was the first one to jump onto the CBDC bandwagon?
The most recent action was to ban miners. Did the Chinese government do this because they were concerned about Bitcoin miners carbon footprint? No way. The CCP could care less about that. Its actions were simply because Bitcoin posed a threat.
After all, a country like that cannot have private, cryptographically secured money filtering throughout the population. That would cause them headaches they do not want. Instead, everyone is going to have to use the digital Yuan, something they fully control.
We can presume that Senator Warren is envious of this. It would seem her hope is to bring that situation about here. After all, the State knows best.
The sad thing is tens of millions of people swallow this stuff. Of course, they, perhaps inadvertently, are against freedom and are opting for tyranny.
Senator Warren, along with others, point to the fact that Bitcoin is used in crimes. Well so are cars. Perhaps we should do away with them also. I know, it sounds stupid.
Let's go a layer worse and talk about air conditioning. People who commit crimes use air conditioning. Also, air conditioning uses an enormous amount of energy as compared to opening a window. Hence, since it is used by criminals and is energy intensive, perhaps we need to careful look at doing away with it.
After all, why should the comfort of people matter? It is the moral interpretation set down by the State that is important. If something is energy intensive, it is bad for the environment.
The list could also be amended to include clothes dryers, refrigerators, airplanes, manufacturing facilities, and roads. Do you think Senator Warren uses anything of those (or items from them)?
No matter how absurd this seems, I can assure you it is well within the realm of what is taking place here. Discussions like these rarely operate at the level they frame them. The matter with Bitcoin has little to do with energy and all about control.
The likes of Senator Warren, Elon Musk, and Mitch McConnell if he knew what a computer was, are not on the side of freedom. Their ilk is all about controlling the masses, delivering their edicts upon what people can do.
With Bitcoin, as well as other cryptocurrencies, their power diminishes. Their goal is to be able to control every transaction, every interaction, and know everything about what people are doing. That is their main intention.
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