Blockchain Republics: good news?

 

 image credit: takeneo.com

I would not have been able to define the word “blockchain” before reading J B Shurk’s column at American Thinker.  Here’s how he describes it -- and why it makes him optimistic:

. . . blockchain is a decentralized database of transactions, and the rate of its adoption around the world is occurring twice as fast as the internet's during its genesis.  It is transforming the world of finance by introducing the existence of digital cryptocurrencies and other financial instruments that cannot be controlled or manipulated by central banks or government spendthrifts.  It will not stop there.  It represents a revolutionary redesign in the ways information, wealth, and governance function by undercutting centralized authority and empowering everyone else.  It is the ultimate tool for slicing and dicing international authoritarianism into parts too dispersed for search engine and social media censors, corporate news propagandists, central bank thieves, or one-world government oligarchs to control.

If you have wondered why totalitarianism has come back into fashion and why Western leaders have spurned freedom for talk of wobbly notions of "democracy," it is because the decentralizing benefits of blockchain technology have the potential to flip the hierarchy of power on its head.  Imagine a future where banks become unnecessary, central banks become obsolete, trade of goods and services no longer requires third-party lawyers or brokers, and personal wealth is secure from the snooping eyes of State agents.  Imagine if Google's search engine, Twitter's and Facebook's fake "free speech" platforms, and breaking news websites could not be manipulated by corporate intermediaries working to stifle certain points of view and push others.  Imagine if services once traditionally left to the government sphere could be contracted among private towns and citizens without any space for regulators or lawmakers to intervene.  Imagine a world in which free speech and free trade are truly free, private property is secure from government taxation, Election Day votes are all easily verifiable through a public ledger, and people can choose to share information and ideas without the cultural Marxism of political correctness turning rights into liabilities.  Moving away from transactions controlled and monitored by "elites," corporations, and governments and toward blockchain transactions that are "housed" nowhere, cannot be altered, and remain secured from bad actors means a system where censorship, coercion, and government monopoly fade away.  

In other words, blockchain technology is the mother of all nuclear warheads against the Davos crowd's dreams of global empire and domination.  No wonder we've had to go into medical lockdown for two years while the super-secret 1% of the 1% figure out how to "Great Reset" the world before the world figures out how to great reset them.

I remain convinced that we are on the threshold of a renaissance for freedom that cannot be terminated early by the collection of corporate, banking, and government powers working so hard today to maintain total control over their populations.  . . .

Read the full column here.

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