The Coming Black Blockchains

in steem •  8 years ago  (edited)

I


was going to just wander away from Steem, but ironically, I just can't bring myself to read from other sources, and this last 24 hours three articles I read all were pointing at something that I feel I have to speak about. Here, of course.

First up, from @kurtbeil, about a very disturbing government defined credit/rating system being rolled out in China:

https://steemit.com/steemit/@kurtbeil/china-s-sesame-credit-a-very-scary-reputation-system

Next, our @dantheman more or less completely destroyed any arguments in favour of proof of work based block production (miner controlled, i.e. China):

https://steemit.com/censorship/@dantheman/are-blockchains-really-censorship-resistant

And then from @kingscrown, a piece explaining how the attack by the chinese franchise of the central bank Camarilla specifically is targeting term deposit and loans that are used by exchanges to enable margin trading:

https://steemit.com/bitcoin/@kingscrown/understand-the-power-of-china-over-bitcoin-and-current-pboc-controls-driving-the-price-down

The connections between all these stories is that cryptocurrency is an exercise of speech, and the big boys are not going to let us provide a credit market between us when they don't get their cut.

The Sesame Credit tells you what direction they want to move money - so they can cut you off and you will end up on the street, and probably in jail or maybe eventually targeted as a non-person and disappeared or enslaved.

Cryptocurrencies specifically aim towards decentralising the issuance of currency. Or at least that was the marketing schtick. Bitcoin will be turned into a virtual Chinese Yuan. The gates between crypto and fiat are going to get tighter control. The IRS demanded the entire database from Coinbase.

It seems very unlikely to me that the USA franchise of the corrupt banking system is not watching China and will do all the same thing to "unapproved" cryptocurrencies. They are cultivating an image for Bitcoin that it is "good" and "regulated", and alts are going to become the targets of more attacks because the community as a whole is starting to realise that monetary systems are government systems.

Bitcoin can become their currency. @dantheman eloquently explains how in his article above.

So what can we do about this?

Unfortunately, it means that me, with my sad little Silk Road and Black Market Reloaded related conviction, and someone like @charlieshrem and trading bitcoins for dollars... we are going to all end up on the same side, in the same corner, with the same enemy opposing us, with its many tentacled reality distortion field and its mercenary and brainwashed dupe armies.

I don't know how bad it is going to get, and I don't mean in any way to be scaremongering. They have a serious disadvantage in that they depend on lies and people not questioning it.

Should we all be going anonymous and stop them from building their official credit rating on us? It brings to mind recent events in Australia with the welfare agency pumping out thousands of incorrect debt claims on people.

Living, as I do, amongst a lot of people who are qualified as being the new underclass, the undocumented, convicted black and grey marketeers, independent researchers, drug addicts and alcoholics, and as one of my associates pointed out, they give us "free" shelter, in a jail with nearly identical rules about what you can bring inside.

They are slowly moving towards normalising the idea that those whose natural tendencies make us the ones that fail one or several of their criteria for government approved credit ratings, and perfecting the creation of ghettos full of people who they hide amongst the people so they are unlikely to organise, if they even could do anything anyway...

Then - District 13 type scenario... In fact a real event in the USA happened for real once - bombing a ghetto...

So what should we do?

Well, it further cuts into the resources we might apply to countering it. I wrote about the idea of Steem having a credit market, cannot happen under a public listed company like Steemit, Inc. being able to create such a market anyway. Several new laws already signed into the jurisdiction dictating to Steemit, Inc, also will become a lever against Steem blockchain carrying "fake news".

I will make a prediction that because the construct of corporate registration prevents Steem from realising its goals, that there will be "black" forks and maybe built from scratch, anonymously, of DPOS blockchains. The credit market will be made illegal. The "unapproved" news is already illegal. Steem will ultimately follow Dogecoin to the grave, and the same pressure will be applied to Dash, Zcash, Monero and others, any blockchain that violates their rules will be frozen out of the "legal" blockchains, and more and more the legal blockchains will be controlled by agents of the banking Camarilla.

But there is a bright point to this. Right now, probably a quarter of bitcoin transactions are black market, that is going to sap the strength of bitcoin a lot... More and more they are looking at moving their markets to privacy oriented blockchains. But the drug market is not the most important. What is going to be more important, is a black market in crypto credit (deposits and loans).

Credit markets are the main source of the power of the Camarilla. The "black" cryptos will create a credit market full of people who are in, or are slated to be pushed into a new ghetto. While some of this will power the contraband market development, most of it will go towards fostering the development of havens and security against the Camarilla.

The cat is out of the bag and from this point the battle really starts. But mainly we just need to survive the purges. We don't have to fight them, but rather, to empower ourselves to escape their attacks and form temporary autonomous zones where resources will accumulate and be distributed profitably that enable this disappearing act.

It is no coincidence so many people here are either expats, entrepreneurs on the margins of the black market, independent researchers or live in places that are relatively isolated from the System. I have been amongst some parts of these future haven places and I know that the crackdowns there will be halfhearted and relatively easy to avoid.

I have been saying for years, if somehow inventors like Nikola Tesla could get funded by underground people, within a decade or two as they turn every border into a fenced checkpoint, that we will have ways of traveling they can't stop or control. Eventually our own kind of Zion.

Closing Remarks

I am making pretty dire predictions but it just shows that my gloominess about Steem is not without grounds. I have been on the margin since before I became aware of this gradual process of consolidation towards a single, but concealed, global governance system.

But I have also much hope, that black blockchains will arise, becausr the majority of blockchains remaining will have their block queues controlled by tentacles of the Camarilla. I have seen firsthand enough of the underground in places I am saying are becoming havens for us, to know that it will happen and it will work.

Buckle your seatbelts, Dorothy, because Kansas, is going bye bye!

😎

We can't stop here! This is Whale country!

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Very interesting thoughts, thanks for sharing them with us!

Thanks for your post. I don't understand a half of it but I am afraid that the life will teach me.

Your predictions are interesting, bold and dark. Yes, global governance will do everything to assimilate blockchain as a media. It is like with every other media throughout the history. But the humanity is stronger. We will prevail.

Maybe not in my lifetime but eventually we will. We are doing it for our kids and their kids.

I hope :) I am an optimist - forever :)

This is the final chapter... We are on the brink of stellar migration. Within our lifetime humanity can split not just into one but many small splinters flying off to start again. This is what balances my prediction. But it is going to be difficult for a while. I don't mean to kill the mood but Steem is not positioned to become a black market in anything but information, if it is untethered from a corporate charter. We can move when it comes time.

Do you really believe that it will happen in our lifetime?

Interesting years ahead :) Good, it is high time.

No transition is easy...

Absolutely. Look at how NASA backtracked on electrostatic and then now resonator propulsion systems. We are really close to lowering the cost of escaping the gravity well.

Poignant post.