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RE: Daily Crypto Markets Live Blog: Let Us Discuss Stablecoins (09/14/21)

in LeoFinance3 years ago

Question.
There are lot of theories of singular govt being formed using the crypto or digital currencies.
Borders will be open for all. However what about those people who don't want this change?
I don't want my life controlled by sharia law or chinese communism. Do you think crypto would let me avoid such world govts?

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Yes. Crypto and blockchain are the answer to that in my opinion.

@taskmaster4450 recently wrote a good article about how blockchain and cryptocurrency will end the nation state that it's worth checking out.

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While it's possible that Sharia Law could rule over all of us, the more likely group to do this would be the CCP. Unlike the Soviet Union which was full frontal in its opposition to the United States and its partners, Communist China uses the West's own fears and obsessions against it. Very sneaky.

However, I would bet my money (what little I have, anyway) on the Davos Crowd led by the World Economic Forum, the central banks and the BIS, its transnational partners, and its nation-state thralls. With zero loyalty not only to their own peoples but also the nations claiming them as citizens, they are even more sneaky than the rulers of Red China.

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Well China can only affect their own network. With crypto that is decentralized like BTC or HIVE, I don't think we will have this issue. So unless they block off internet access, I think we will be fine.

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Even if they block off Internet access, it's possible to operate on another global-level network. That's where Hive and other crypto platforms need to be: on a separate root apart from regular WWW.

The time to prepare for that switch is yesterday, not the day before they pull the plug. As decentralized as Hive is, at some level it relies on centralization it cannot control.

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crypto by nature is quite diverse. there are thousands of coins and tokens. I doubt if anyone will be able to shrink everything down to just one coin or community.

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As long as decentralized cryptocurrency is allowed to exist, there will always be room for alternate altcoins. So we have to ask who doesn't want to allow cryptocurrency to exist.

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