WEF, The Unelected "Watchdog and Architect of The New World" is Eyeing World Wide Crypto Regulations

in Deep Dives11 months ago

"The World Economic Forum (WEF) is a non-governmental organization founded in 1971, aimed to improve the state of the world by engaging business, political, academic, and other leaders in society to shape global, regional, and industry agendas. This membership-based organization is made up of the world's largest corporations."

This is the official so-called definition of the WEF, but a more comprehensive and closer-to-the-truth translation of what the World Economic Forum is would be simply put as the world's elites and thinkers grouped together in an attempt to gain total control over once free citizens of the world, "dreaming" of deciding what's best and worst for us.

Klaus Schwab, one of the most prominent figures of the WEF, is an old fart Nazi who has openly stated that the WEF's goal by 2030 is for individuals to not own anything and be happy... What does that actually mean? Well, the way I see it, they're not going to forbid us from owning stuff.

On the contrary, we will have properties and rights, but we'll have them the WEF way... Meaning that you can have kids, but they will belong to the state, and the state will instill indoctrination in them. You will have the right to own a car, but you will only be able to drive it as much as your social credits score and carbon credits allow.

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You will be able to express yourself freely, as long as you don't violate the misinformation guidelines. So, basically, now the WEF is also targeting crypto. They know they can't ban it because you can't simply unplug technology like bitcoin mining and blockchain functionality.

Especially when you have something like this where some have decided to mine Bitcoin using hydropower and an internet connection from Starlink... The best they (the WEF) can do is:

The World Economic Forum (WEF) recently published a white paper titled "Pathways to the Regulation of Crypto-Assets: A Global Approach," advocating for a collaborative approach towards crypto regulation on a global scale.
The white paper highlights the unique challenges and necessary considerations regarding the regulation of crypto-assets. Considering the borderless, open-source, decentralized nature of these digital currencies, their regulation requires a delicate balance between preventing harm, protecting users, and promoting innovation.

The WEF acknowledges significant progress made so far, especially through the involvement of numerous international organizations like FSB, IMF, BIS, OECD, IOSCO, and national regulators such as the EU, Singapore, Japan, the UAE, India, South Africa, the US, among others. However, many pertinent questions remain under discussion, including how to define and classify crypto-assets, adapting to a rapidly evolving ecosystem, and maintaining effective regulatory oversight.
The white paper outlines several challenges in implementing a global regulatory approach, including lack of harmonized classifications, regulatory arbitrage, and fragmented monitoring. The WEF suggests these hurdles can be overcome through collaboration among policymakers, regulators, and industry.
source

The fight is over because it's a no-win situation for them. Even China is once again opening itself up to crypto. Instead of constantly being on guard and chasing outlaws, they are starting to profit from it. The WEF is not so much about profiting from crypto as it is about exerting control and influence over our digital assets. That's why it's crucial for us to store our coins in unhosted wallets and interact with decentralized blockchains like Hive as much as possible.

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Nobody elected the WEF, just as nobody expressed the desire to have the World Health Organization, yet we still have these unelected and authoritative organizations influencing free states, and nobody questions it. I hear discussions from regular individuals quoting these two organizations, but rarely does anyone realize that they are unelected organizations desperately trying to shape our future and the world we live in.

Fortunately, technology is difficult to ban or control, and blockchain technology and crypto are all about circumvention. As the saying goes, they can't regulate at the pace developers can develop. However, we must stay ahead of the curve and choose decentralized exchanges, decentralized blockchains, and unhosted wallets as much as possible when dealing with crypto.

Meanwhile, all I have for the WEF cocksuckers are my two middle fingers pointed at them.

Thanks for your attention,
Adrian

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Atta’ boy!

That's the spirit!!!

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