Decentralized Society

Cryptocurrency provides economic freedom for individuals and restores the value within money | e/acc

[Decentralized Society @DistributedBank]

"A Second American Civil War would be a network-to-network war to control minds, rather than state-to-state war to control territory."

- Balaji S. Srinivasan

[Just In Politics @ancapquotes]

"I am free, no matter what rules surround me. If I find them tolerable, I tolerate them; if I find them too obnoxious, I break them. I am free because I know that I alone am morally responsible for everything I do." - Robert A. Heinlein

[Just In Politics @ancapquotes]

"Always stand on principle.... even if you stand alone." - John Adams

[Just In Politics @ancapquotes]

"Everybody is in favor of free speech. Hardly a day passes without its being extolled, but some people's idea of it is that they are free to say what they like, but if anyone says anything back, that is an outrage." - Winston Churchill

[Decentralized Society @DistributedBank]

@fluffypony Someone give me a TL;DR

Looking for both Monero enthusiasts as well as Zcashers

[Charles Hoskinson @IOHK_Charles]

Seeing all this Epstein stuff makes me wonder if the guy just spent 24/7 getting as many rich, powerful people to sleep with children. Literally everyone and their uncle seems to have a first or second order Epstein connection apparently.

What's extraordinary to me is that while we seem to be able to appoint special prosecutors for everything these days, the largest cabal of public official compromise and child abuse ever discovered is somehow beyond our national ability to investigate.

We all know why. So why do we tolerate it? When do we finally have enough and make this one of the core issues?

[Decentralized Society @DistributedBank]

@MrJPE If you are referring to the simplicity of some GNU/Linux based operating systems, then I totally agree. Only pitful is specific drivers and applications only compatible with Windows. Gaming on Linux would be huge for normie crowd. But running wine and other things doesn't cut it

[Decentralized Society @DistributedBank]

@BillyM2k Yes. If you can't be the change, tyranically force the change upon others. That's what I learned from my government when I was younger

[Decentralized Society @DistributedBank]

@NekoSilver Econ 101 suggests one of the 3 primary requirements for money is store of value. Along with unit of account and medium of exchange. It's not a matter of wanting a long term store of value, but rather how modern money has stripped that aspect entirely away from money

[Decentralized Society @DistributedBank]

If you can't opt out is it really a democracy?

[Decentralized Society @DistributedBank]

@NekoSilver @vikrantnyc IOU's become automated with smart contracts. But even if you don't like that it's not to say we replace fiat overnight. The goal should be to exist in parallel. Redefining the notion of value. Evading tyrannical capital controls. Restoring competitive currency markets

[Decentralized Society @DistributedBank]

@NekoSilver @vikrantnyc The key difference is Gold extraction itself requires energy. The money itself isnt based on debt, the IOU is a contractual agreement of repayment

Creation at the click of a button removes value out of the system

[Decentralized Society @DistributedBank]

@NekoSilver @vikrantnyc Will the US become any of the above stated countries, it's unlikely. But the bigger picture is a forever decent in the negatives. Modern fiat money is entirely 100% based on debt since the end of Gold and Silver standards

[Decentralized Society @DistributedBank]

@NekoSilver @vikrantnyc It doesn't matter. Re-read the second line. The point is if a small group has complete top-down control to create infinite money that the masses use, it will be weaponized

Money used to be free and open (Gold/Silver)

Then, it became controlled in an attempt to simplify

[Decentralized Society @DistributedBank]

@vikrantnyc People say crypto is risky as of a nation state fiat currency isn't. Look at Turkey, Venezuela, Argentina ect

"Yeah, but we're not them." : It doesn't matter, it's the concept of centralization vs decentralization

[Decentralized Society @DistributedBank]

@vikrantnyc I think the bigger dilemma is assuming the dollar is less risky because $1 = $1

A complete shift in mental model away from nations state fiat currency is necessary to presume the free money revolution

[Decentralized Society @DistributedBank]

@ofrnxmr DEX's help with this, but the primary bottleneck is ON/OFF ramps

[Decentralized Society @DistributedBank]

@ofrnxmr P2P is the ethos for Cryptocurrency. Satoshi made a peer-to-peer currency. Bitcoin used to be exchanged on spreadsheets with buyers and sellers using PayPal

We need to bring Cryptocurrency, ESPECIALLY EXCHANGES, back to its P2P origins

[Decentralized Society @DistributedBank]

@darealmattkakuk @unusual_whales @SenWarren Ironically, Bernie himself became a hypocrite

His slogan was "stop the millionaires" and then he became one

Then it was "stop the billionaires"

Meanwhile, he writes a book titled "It's okay to be angry about captialism" in which he is selling for money

[Decentralized Society @DistributedBank]

Today marks the 110th anniversary of the Federal Reserve Act being signed into law by President Woodrow Wilson

It is rumored that Wilson eventually regretted signing this act into law as it made our nations credit system concentrated and controlled by a small few

[Decentralized Society @DistributedBank]

@blue_but_dark @BillyM2k WHAT? DO? YOU? MEAN? NO THEY DONT! ANGRY🤬