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Necessity is the Mother of Invention

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I was surprised to find this article the other night that almost parrots exactly what I said in my post about how globalism is impossible.

Globalism Has Failed, Long Live Crypto

The CEOs of the world are stepping down, the venture capitalists are drawing their purse strings, and the banks are running out of cash. Local grocery stores are out of food, and Amazon can’t even fill my orders for the next month. Our hospitals are being overwhelmed, our supply chains are broken. American senators are insider-trading and dumping tens of millions in stocks, crashing their own economy. Yet another American election is being rigged in front of our faces.

Democracy is dead. The free markets are over. Globalism has failed.

The fallout of the global recession and depression from the effects of the coronavirus are going to be much worse than the virus itself.

This is it. This is crypto’s opportunity to show the world there is a new way, a better way. As the shackles of slavery tighten in an effort to save lives, the rules of past generations no longer apply as the powers that be struggle to hold on to what little power they have left.

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Okay this guy is obviously a bit unhinged from losing his job and all that, but still the message remains the same. Also he clearly believes (or just hopes) that the powers that shouldn't be are having a hard time maintaining control.

I'm not going to go that far. This feels like a controlled demolition. However, I do believe this whole situation is forcing them to reveal their agenda much more than they normally would. It is the clearly hope of everyone here that more and more citizens will wake up to the fact that they are being lied to and abused on a daily basis without even realizing it. This whole COVID lockdown could be a big part of that awakening.

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Kudos to Justin Sun for giving us a preview to how this all might go down. Remember when I was jokingly writing "Dear Diary" entries and talking about a Tron occupation of Steem like it was a physical occupation of a country? Yeah well I get the feeling by the time this is all over I'll be doing it again... and it won't have any of the same sarcastic tone. Riots and martial law are a real possibility at this point given the unknown timelines we face.

Crypto moves much more quickly than real life does. Bitcoin has 4 year boom/bust cycles compared to the 12 year legacy economy. Bitcoin lost a year's worth of gains (50%) in a single day rather than it being long and drawn out. Steem was able to hardfork to Hive in two weeks after being centralized. It will take years/decades for these things to materialize in the legacy economy.

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Remember how much it sucked during those two weeks while we were under Tron occupation? Remember how much we struggled and worried about what was going to happen? Now it feels like we are over the hump and in a much better position than we ever have been before.

Hive is trading 50% higher than Steem, and Steem is up 10% today... exactly 1 week after the fork. This is pretty incredible considering how many accounts are aggressively dumping it. Make no mistake, a high Steem price is absolutely an amazing thing for all parties involved. I hope Steem never dies; doesn't mean I want to hold my bags there.

If the centralized shitcoin known as Steem can survive (and even thrive) then Hive is in an amazing place. Don't you guys see how crazy this is?

Everyone is getting what they wanted!

Trons needs a social media. China needs censorship. Hive needs freedom and decentralized development. Justin Sun needs control (he's even got 5M Hive... no big deal). Hive members need the opportunity to dump their Steem bags and fully migrate over without crashing Steem to zero. Sun need to keep the value of Steem higher than 10 cents or he looks like a complete and utter failure.

It's all working out in everyone's best interests.

And this is what crypto is all about. Did you guys think we were going to win this war against the Great Satan by defeating him in mortal combat? C'mon now, that is just laughable. What needs to be offered is a better deal. We give those greedy assholes a path that is more profitable to them and us at the same time. That is the only way this Trojan Horse is going to be allowed into the economy with open arms.

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DPOS

This is why I'm so stoked on DPOS. While the idealist Bitcoin maximalists look at us with absolute disdain, we are the ones bridging the gap between legacy governance and crypto governance (representative republics). We are showing the sociopaths in charge that they can adopt these systems, make more money than they already are, and still retain a good amount of control.

Justin Sun's survival should actually be important to us even though we fucking hate him. He is the one leading the charge to bridge the gap. We are on the other side.

A Win for Justin is a win for crypto. Just like a win for Libra is a win for crypto. The idealists can't see it. They see it as an abomination. That's just life. There must be sacrifices and compromises.

We can fix this. Blockchain technology and cryptocurrency can be leveraged to build new and better systems designed to fit the needs of humanity, and no longer serve the sociopathic elite. The crypto community has been waiting for an opportunity to prove itself, and despite the horror of the present reality we now face, we are capable of overcoming this attack against humanity. The Globalist agenda must end. The future must be decentralized.

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The road ahead is riddled with obstacles.

We do not have the infrastructure to make all of this happen at once. Crypto very heavily relies on the legacy economy as a bootstrap.

In my opinion, no cryptocurrency is legitimate until their community has food/water/shelter supply lines. How many do? Zero.

If we can't provide the basic necessities required for a human to survive, we ain't shit. Simple as that.
This is the ultimate centralized attack vector against any group of humans on Earth.

Necessity is the Mother of Invention

The more resistance we face, the harder these communities are going to push for their relevance.
Hive is living proof.

Worried about centralized internet?

Attacks against crypto via ISPs will be met with massive mesh-network development.

Worried about quantum computing cracking modern encryption?

There are already coins and code for that.

Worried about OS backdoors and government snooping and/or hackers?

  • Airgap wallets are your friend.
  • I'm still surprised that crypto-Linux doesn't exist yet.
  • Anonymity and privacy are key
    • Paying rent and Internet bills anonymously isn't impossible.

Worried about facial recognition?

  • Ironically we have an excuse to wear facemasks now.
  • Personally I think that face paint and makeup will become a fashion statement in the event of aggressive authoritative facial recognition. Just another way for the corporations to make money.

It doesn't matter what you're worried about.

Crypto is going to respond accordingly.

Is it going to suck?

Yes.

Will there be growing pains?

Yes.

Will there be suffering?

Yes.

Will it take longer than we want to wait?

Yes.

That's just how it is.

Conclusion

Crypto get's pushed. Crypto pushes back.

The more adversity we face the faster our evolution becomes. Embrace adversity and quench your fear in the progress it brings.


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Necessity is the Mother of Invention was published on and last updated on 27 Mar 2020.