The rise of blockchain technology is ushering in a world of new possibilities. It has the potential of changing the world, even beyond the realm of finance. Many of the problem solving developers in the crypto community wrap themselves in the plight of the “unbanked” around the world, meaning those whose societies, for whatever reasons, have not developed enough to have bankers peddle their usury to the populace. They see the decentralization that blockchain brings with it as a way of freeing these people from the often corrupt and self-defeating governments they find themselves under, never considering why this seems to be the state of so many of them. For those of us on the Right, it presents many opportunities that we might leave unrealized to our own detriment. One of our best memes is that which encourages our people to “secede in your mind,” but blockchain brings the possibility of seceding in more tangible ways beyond that of ideas.
Some of us know what it means for the eye of Sauron to turn its gaze upon us, losing even the privilege of holding a checking account at a major bank. Gab had to start searching for a new bank for the fifth time recently, as the rug was once again pulled from beneath them for purely ideological reasons. As this plays out, the current incarnation of the libertarian party shouts “build your own bank,” an idea never peddled to the Third World rabble. Decentralized currencies and finance present solutions to our own “unbanked” in this scenario. Holding a physical crypto wallet, in a sense, makes you your own banker. There are even opportunities for DeFi loans. These loans are over collateralized in most cases for now, as this area is still in its infancy, but even that presents many openings for the forward thinking dissident. Anyone can make a digital wallet and participate in the new trend of DeFi, or find that altcoin gem destined to multiply an investment by even one hundred times.
Most of those who’ve been doxxed can tell you that one of their primary fears is that of the personal financial impact. So many of us, though liberated in our thinking, remain chained to employers that hate us. The crypto arena operates mostly on open source code, which is open to anyone with the skillset to understand them. If you can pick up the skills, it’s not difficult for a driven dissident to carve out a space in these communities, sometimes even operating under sock accounts, because the community generally values privacy and autonomy. Much of the work is being put out as bounties for free lance coders, making it easy to move and operate without worrying about some corporate HR department labeling you as a wrong thinker.
There was recently a discussion on the Tim Ferris podcast with Vitalik Buterin, one of the creators of the Ethereum blockchain, about where Ethereum is headed in the future. They used the term “digital nationalism.” Despite looking at ways to apply blockchain to dissident problems, the term hadn’t occurred to me before. One of the possibilities that blockchain and crypto holds is not merely participating in the cutting edge of currency and finance, but creating our own. Whether it’s a non-fungible token that functions as a digitally minted challenge coin for members of dissident groups, or doing the work of creating a currency and economy that operates parallel to the current empire’s control economy; there are many ways in which we can secede from the current evil system.
Blockchain will be a big part of the future, possibly having as big an impact as the internet. It’s important that dissidents educate themselves in regard to how it works, and take advantage of the doors it could open. We can sit around complaining about modernity, prognosticating about some future collapse scenario, or pining for ways of life that are well behind us. Or, we can take hold of the future in a proactive way. These collapse fantasies may not happen in our life, but change is certain. We should ride this tiger, and leverage it toward our own visions of a better future for our own people.
O I’m a good old rebel, now that’s just what I am. For this “fair land of freedom” I do not care at all. I’m glad I fit against it, I only wish we’d won, And I don’t want no pardon for anything I done.
I agree. This disruptive technology has tremendous potential for us though I’m not quite sure which way is best to embrace it. I’ve really spent a lot of time thinking on it with still no clear answer.
Are we better off creating a Dixiecoin (or maybe call them Magnolias)?
Or should we just go I with bitcoin (or clone) , which could be traced by a sophisticated party simply because it is the leader right now?
Or should we go with Monero (or clone) which is supposed to be untraceable?
Or should we go with a proof of stake (pos) coin like Peercoin (or clone)?
A proof of work (pow) coin like bitcoin could potentially be sabotaged (probably at a loss) by an ideologically driven enemy with deep enough pockets. They would have to invest very heavily in mining but it could be done, especially with a new coin that isn’t already an industry in China.
Another factor to keep in mind is that these digital currencies are not as decentralized as they are claimed. Whoever is in charge of updating the code becomes the central bank and issuing authority.
It could certainly pay well for some early adopters just like bitcoin did but given that we can count on show trials from here on out, whoever does launch a coin for us had better know how to cover his tracks. That makes me lean more toward a monero clone for privacy, but it is “egalitarian proof of work” which is hard to mine with dedicated equipment so ppl with just a pc have a chance, but it is a matter of time before the specialized mining equipment catches up, or somebody will just set up an operation with a million cheap used laptops.
A lot of hard questions and I am no programmer. But you are certainly correct in pointing out the potential. It would be hard to imagine digital currencies not changing the world as we know it.
While I will agree that as it is developed more in the future it can have an effect on the choke hold of the (((bankers))) influence, but just having it exist does not mean your masters will allow you to use it. Need I remind you that Dixie comes from a term related to our own money, we wouldn’t need block chain or anything else if not for murderous imvaders. We can print all the money we want to right now, but it is against the law to use it. There is only one real answer and that is to overthrow bankers and their puppet nations, until then money will be defined as whatever they say it is, at the barrel of a gun as it has always been. Its always nice to see a fellow Gabber, you can add me @TheRougarou.
One last thing on your usage of the term “collapse fantasy” that is no fantasy, it already happened, it just happened slowly so you think what you are seeing right now is real and not the smoldering remains of a civilization that collapsed long ago. The only fantasy is you believing otherwise.
There is a company starting to use BCT for the purpose of publishing eBooks that cannot be erased or banned. Ownership and payment are anonymous and untraceable. While the paper book is always preferable, this is a move into other areas and it’s only the beginning.
—PG