I have written an article on bitcoin. Please find it below.
MANIFESTO OF DECENTRALIZATION OR HOW BITCOIN BRINGS FREEDOM FROM FINANCIAL SLAVERY AND WORLD PEACE TO THE PEOPLE OF THE EARTH
It is known that all wars in this world are organized by banksters. This word was formed from the merger of two words: banker and gangster.
The monetary system of almost any country is created, first of all, to enrich the elite of the country, where it prints new money out of thin air and arbitrarily changes the refinancing rate, not following the principles of the free market, but doing it in a way that is beneficial to the banking elite. They only tell us in words that supposedly the principles of a market economy operate in the West or in Russia. In fact, these principles are not at the forefront, and no one relies on them.
If such a state monetary policy benefited ordinary people, then there would be no point in creating another, alternative monetary system. However, this is far from the case and it must be admitted that in almost all modern countries of both the West and the East, the monetary system was created to enrich the elite, not ordinary people.
Let's take the US and most Western countries for example. In the United States, there is the Federal Reserve, which is actually a private organization that completely manages the monetary policy of this country.
The Fed has several basic mechanisms through which the elite appropriates the lion's share of the country's income and impoverishes millions of ordinary people.
This is, first of all, printing money out of thin air, where the Fed creates new trillions of dollars that are not backed by anything and after creating new money, this money is sent to the United States to finance various kinds of projects. At the same time, the elite, which has the necessary contacts with the right people, receives insider information about such projects in advance and buys up in advance the shares of those companies that will benefit in the form of, for example, government orders or government financing of these projects. No one conveys such information to ordinary people and therefore they do not have the opportunity to benefit from such manipulations.
As a result, the rich get richer and the poor get poorer.
Another mechanism for redistributing money is a low interest rate. When the US had extremely low interest rates of almost 0%, the elite had access to very cheap loans, which they used to buy up shares of companies that were expected to rise greatly as a result of certain events in the stock market, about which they were informed in advance by representatives of the elite.
Ordinary people did not have access to such cheap monetary resources and as a result, again, the rich become richer and the poor become poorer.
It must be said that the monetary system in the West is very confusing and most ordinary people in the West do not understand exactly how it happens that the dollar has been falling for 100 years, the rich are getting richer, and the poor are getting poorer.
If we take Russia, then in Russia the mechanism of robbery of the population by the elite has a simpler and more arrogant principle.
For example, in the mid-90s, the elite of Yeltsin’s Russia arrogantly robbed the country’s population through so-called loans-for-shares auctions, at which tens of thousands of enterprises that previously belonged to the people were privatized for pennies.
As a result, just like in the West, the rich became richer and the poor became poorer.
Russia also has a Central Bank that manipulates interest rates and can print money out of thin air. The only point is that the Central Bank of the Russian Federation does not have such wide opportunities to print money out of thin air, as their colleagues from the United States do, due to the fact that the US dollar is still the world reserve currency, and the “wooden” ruble is not such a currency.
Despite this, the Russian authorities do not lag behind their Western colleagues in robbing the population and rob them even more cynically and cruelly than is done in the West.
This article does not aim to provide a detailed explanation of all the mechanisms of robbery of the population. It is quite sufficient to understand several basic methods of robbing an ordinary person, which were described above.
How can an ordinary person fight this and not allow himself to be robbed?
Of course, everyone knows that you can become a professional participant in the stock market, buying and selling shares, and thus try to solve your financial problems. However, for this you need to have the necessary knowledge and capital, and such a mechanism is not available to the common man.
On the other hand, you can also invest all your free money in purchasing physical gold and silver. But there are also several problems that prevent the average person from benefiting from such activity. For example, constant manipulation of prices for precious metals, namely their artificial price reduction over the course of decades.
A large number of investors are used to protect their money by purchasing residential real estate, which they then rent out. However, here you need to understand the fact that since the real estate is located inside the country that the investor lives in it will not be possible to remove an apartment or house from that country, the prices for it depend on the events taking place in the country. For example, in 2014, when the ruble fell 2 times against the dollar, real estate in Russia also fell 2 times against the dollar, although it did not fall in rubles.
It is not at all interesting to find yourself a hostage to the ruble system or any other country currency system like Peso, Dinar, Kwanza etc.
When the ruble falls and our asset is tied to the market of the country in which the ruble system operates, then we, one might say, become hostages of this situation.
Such dependence can be called slavish dependence on the country of our residence.
That is, citizens of different countries find themselves in slavish dependence on the monetary and financial policies of the country in which they live.
Around 2009, the anonymous author of Bitcoin created the concept of a new electronic currency that solves all these problems and frees man from such slavery.
We will not now delve into a detailed presentation of the principles of the functioning of Bitcoin and cryptocurrencies in general, but let's look at some basic principles that destroy this financial slavery in which billions of people living in the modern world find themselves.
The most important principle that makes Bitcoin superior to any fiat currency is the principle of decentralization. The principle of decentralization means that there is not and cannot be any central authority in the world that manages the cryptocurrency network.
Thanks to this circumstance, government agencies of countries that systematically rob their populations using slave fiat currencies cannot arrest or close or liquidate anyone. Who should I close? Who should be tried and imprisoned? No one. The cryptocurrency system has no single owner, no central authority. This invulnerability is only possible through decentralization.
According to the principle of decentralization, the owners of the cryptocurrency payment system are all the people who have opened their crypto wallets. Now there are several hundred million of these people around the world. Soon there will be billions of them and even more, until the entire world population begins to regularly use a variety of cryptocurrencies.
Just a few years ago, one could laugh at such ideas and call Bitcoin supporters and preachers crazy, but in 2024 the situation changed dramatically.
Now large corporations and banks and even the governments of some countries are starting to buy Bitcoin. It is now clear that this process will only gain momentum.
The situation turns out to be that the same representatives of the elite who systematically deceived the local population by manipulating fiat money themselves began to buy Bitcoin in huge quantities because... they don’t want to miss the train of fortune that more and more supporters and users of cryptocurrencies are seeking.
It follows from this that the cost of Bitcoin and many other cryptocurrencies will never fall to zero, as Bitcoin skeptics warned us, and will continue to grow and it is quite possible that the time will come when one Bitcoin will cost $1 million or more.
The US government, around the period from 2016 to 2018, realized how dangerous Bitcoin and the principle of decentralization were for the dollar, and they tried to destroy this network. But fortunately for all of us, they were unable to do this because... the principle of decentralization prevented them from doing this.
If the US authorities could not do anything about this phenomenon, then moreover the authorities of any other countries will certainly not be able to do anything about it.
People living in various countries of the third world investing into bitcoin and other cryptocurrencies might hear claims from local nationalists that withdrawing money to Bitcoin and other cryptocurrencies is unpatriotic, that this is a financial weapon of the West. However, we must explain that this is a lie.
In fact, cryptocurrencies are a new financial instrument that helps to get out of financial slavery not only for residents of third world countries, but also for residents of all other countries in the world including all the Western countries, because they are also exploited by their elites. This is a new international mechanism for liberation from financial slavery for a citizen of any country.
Now there is talk about the abolition of cash in all countries of the world, we are also frightened by the fact that a Pandemic Agreement is going to be signed, which will violate the sovereignty of the countries that will sign the Pandemic Agreement, wherein the new world government, through the WHO, will begin to dictate to countries what to do and what not to do, what vaccines to deliver, how exactly to eat, that is, refuse to eat meat and instead eat only insects, undergo mandatory vaccination, etc. and so on.
And those who resist this will be cut off from the financial system, their bank accounts will be closed and thus deprived of the opportunity to buy food so that they will die of hunger.
Fortunately, Bitcoin and cryptocurrencies make it easy for anyone to solve this problem by using cryptocurrency for payments rather than the fiat money they are trying to cut us off from.
And one more interesting observation. Opposition channels in Russia are increasingly inviting people to organize themselves and collectively solve problems with migrants, vaccinations and other problems that have befallen them lately. When the people are divided, it is easy to break them and force them to do what is beneficial to the parasitic elite. And when a people unites in the face of danger, it is no longer so easy to destroy or enslave them. This is the basic principle of the fight against the global elite, which wants to turn us into their slaves.
So, the principle of decentralization used by cryptocurrencies is very similar in form to the principle of self-organization and mutual assistance between different people who, for example, may live in the same area or city and decide to unite to effectively protect their rights from various types of attacks on their way of life, for example, when protecting themselves from migrant mafia or from forced vaccination or evacuation.
Only if ordinary people accept the cryptocurrency payment system, millions and billions of ordinary people living in different countries will become owners of crypto wallets that cannot be confiscated and, therefore, the attempts of the global elite to turn us into slaves will not lead to success because crypto gives any person access to financial freedom, and no one can forbid him to buy food in order not to die of hunger, if this person does not want to be vaccinated, eat crickets and generally wants to live the way his ancestors lived for centuries .
That is, in other words, the cryptocurrency settlement mechanism can unite millions and billions of people living on different continents, and effectively protect their way of life and their freedom from the parasitic global elite and the parochial elite that could be bought by the global elite.
A serious disadvantage of Bitcoin is sharp fluctuations in the value of Bitcoin and other cryptocurrencies. Due to such huge fluctuations in value, Bitcoin cannot be used as a store of value.
However, fiat money also quickly loses its value due to fairly high inflation. For example, the US dollar lost over 95% of its value over the past hundred years.
Unfortunately, Bitcoin fluctuates even more, it can initially fall in value by 80% and then rise by 200% a year or two later. Fortunately, after large investors began to enter Bitcoin, its value began to fluctuate less and less. The more people open cryptocurrency wallets and actively use them and store their savings in it, the less the value of cryptocurrency will fluctuate, and then over time the fluctuations in the value of bitcoin will be no greater than fluctuations in fiat currency rates. Everything is going in this direction.
Additionally, Bitcoin has virtually no inflation. This ensures that over time, people will be able to hold their savings in Bitcoin and not have to worry about the value of their assets decreasing due to inflation, as happens with our fiat currency savings. The time will come, and thanks to the principle of decentralization, people will forget that money can depreciate. And then the times of financial slavery will be a thing of the past.
And the parasites who sit in the financial elite and are accustomed to sucking the juices out of the population will have to invent new ways to fool ordinary people.
By the way, the global elite is preparing another dirty trick for ordinary people in the form of new digital dollars, digital rubles, digital euros, etc. The new digital currency or CBDC will be programmed in such a way that the state will be able to control people as slaves by controlling how people spend their own digital money. Cryptocurrencies are also an effective and very cheap way to bypass these slave restrictions.
In other words to make a long story short politicians in Washington and other European countries are cheating on ordinary people by creating various kinds of government boondoggles that are taken advantage of by the same politicians in various schemes wherein they are siphoning off huge amounts of money to enrich themselves to the detriment of a general population.
All these government boondoggles lead to distortions in the economy and these distortions are taken advantage of and monetized by the Wall Street and their rich clients.
In contrast to this Bitcoin is an honest money that can’t be taken advantage of by politicians because no one can print Bitcoin out of thin air.
All transactions in bitcoin are present in the blockchain for anyone to see and verify. The more people start using bitcoin and other cryptocurrencies on a regular basis the less money can be created by politicians out of thin air and the less government boondoggles can be arranged by them which could lead to less distortions in the economy and therefore less chances remain available to politicians to rip off the general population .