Post
Topic
Board Politics & Society
Re: Revolution
by
Elwar
on 16/08/2013, 16:49:16 UTC
What I mean to assert by describing the state of the computer OS ecosystem, is that hierarchically organized power is good at one thing, and that is attaining more power. That's its ultimate goal. Its medium of operation comes second place to its pursuit of power it seems. Monopolies don't have to worry about their products because they have no competition to respond to. In the same way, we could consider that the present banking and monetary systems are monopolies. Through their use of legal, military, corporate, and social engineering, they have crafted a rather comfortable seat for themselves in the global sphere. Do they really feel threatened by crypto? I know some of you will point to recent legal action as signs towards a positive affirmation, but do they really? Will oil reserves be bought in Bitcoin? Will Blackwater (or whatever they call themselves nowadays) be payed in Bitcoin? Will Halliburton be accepting Bitcoin any time soon? How about the bond payments due to China? What about BP? How about the major banks themselves? Will JPMorgan be paying its multi-billion dollar expenditures in Bitcoin any time in the near future?

This is what I aim to change with BitPools.

Going from hierarchically organized power obtaining more power to simply organized power.

I bring this up here:
https://bitcointalk.org/index.php?topic=266502.0

Power is all that matters, nothing else. Unfortunately the thread turned into a typical right vs left game of semantics so I locked the thread.

Will Blackwater be paid in bitcoins? Perhaps, or perhaps a competitor will emerge. Who will they work for? Whatever group of people wants to pool their money to pay them. Oil reserves in bitcoin? Maybe if enough people pool their funds and want to get into the oil game.

Baby steps first. The old games are about to have a new challenger and Bitcoin will be a useful tool as a new way forward emerges.