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curtmilr's avatar

I see the argument of math and energy being truth. BTC then appears to be a solution to the everlasting power/control dilemma of individual sovereignty in a socially necessary structure.

My problem with BTC being THE solution is that it is entirely dependent, initially on computational power, but ultimately wholly reliant upon the electrical grid that in scale is controlled by the same powers that be and CBs. Nuclear war would largely eliminate those structures, and a Solar Flare would end them for many generations.

The solution to that could be the legendary Nicola Tesla free, natural energy approach. We do not know how that could work in reality, though I've seen drawings of towers and the like. Yet even those are reliant upon the current manufacturing and financial structures that would be in vehement opposition to their replacement.

'Catch 22' it would seem.

I'm elderly and won't likely survive the transition to any other societal form, barring the Rapture, so my dog in this hunt is of limited relevance. But my genuine concern for the future of humanity and individually sovereign freedom is absolute.

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Michael A Ricci Jr's avatar

BB, you covered a lot of ground in this article. On the Musk side, we are in complete agreement. I have gone back and forth on whether or not he was an asset of the DS or a 'white hat' and he has finally tipped his hand to the good guys. On the financial side, I would say I largely agree with you in that Block Chain is the future. Bitcoin is a block chain creation and has the sexiness of valuation explosion vs 'traditional money' aka Gold, Silver. This gives bitcoin, a seemingly new type of money, a fair amount of appeal. The 'math' you talk about, that comes from block chain structure, has an absoluteness to it that attracts those of us who see the doom of fiat. What I would argue though, is that Gold and particularly Silver, have been suppressed by the DS and could very well be moving back to block chain valuations. Gold has had a bit of a collective breakout for a decade or so now as BRIC, or white hat, nations have gathered to gain price control. Silver, however, has not. If Silver is truly the money of the common man, it is my belief that once these assets are 'block chained' away from fiat and into a proper finite value we will see valuations increase significantly... with Silver seeing the biggest increase and Platinum and Palladium close behind. Carry on my good Anon... ~M

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