Excuse me for using the word enemy in the title of this article, but it's hard not to feel angry at the current narrative of mass media trying to confuse and manipulate people, creating a negative opinion matrix about cryptocurrencies in general.

Bitcoin must be discredited and relieved on the fringes; it is the objective of the forces that sustain the system, and with it, drag the rest of the excellent cryptographic projects that promise to revolutionize the world, returning power to the people.

Source: Image by mohamed Hassan on Pixabay

The problem is that most people are still not clear about the war that is being waged behind money, a millennial power game that is based on deception and force.

Let me ask you a question, what is money?

As someone will always say, "what a silly question, we all use them to buy and sell." You're partly right; I should feel a little stupid for asking this kind of question.

Now I ask you, is bitcoin money?

If you are a crypto addict like me, you will not hesitate to answer me, "Sure, silly!"; But if you are one of the nearly two billion people who do not have a bank account and still use notes and nickel coins, you will look at me doubtfully and say with good reason, "I don't know."

There is an unfounded myth that money arises from the need to replace barter as a system of exchange. This is how I remember reading it when I was a graduate student in logistics.

In reality, money is an invention to solve the problem of the double coincidence of needs, and in this sense, it introduces the concept of debt based on an agreed registry for the exchange of goods and services.

In this sense, money requires six basic characteristics:

• Scarce

• Durable

• Portable

• Divisible

• Expendable

• Recognizable

Satoshi Nakamoto was clear about this concept when he proposed accounting in a Blockchain distributed in multiple nodes. Great! A public ledger of debt accounting that leaves out trusted intermediaries.

In the 21st century, the world turns to digital technology and incorporates new features that redefine and expand the concept of money.

Take a moment, and look closely at the chart that I have prepared and updated in this regard:

Concerning fiat money, someone of these last generations might ask, "Was there any other kind of money?"

If you don't know, of course, Yes!

Before the twentieth century, private banks issued their own money; at one point, the political establishment imposed "the money of legal tender or forced."

You do understand, they took a monopoly on the issuance of the money, to the point of issuing it without backing. Fiat money is not scarce, and therefore inflationary.

Yes, so far the brief introduction about money. I know the chart raises other questions, but I don't want to deviate from the main topic. In another article, I will develop my thoughts about it. So excuse me for that.

So, Bitcoin is an excellent candidate to replace the fiat money scam, a system that, based on infinite debt, enhances social inequalities.

Bitcoin intends to end this situation, which is why it generates so much resistance and enemies.

Enemies of Bitcoin

David against Goliath (The threat of CDBCs)

Excuse me again. I don't want to hurt anyone's beliefs if I use a passage from the Judeo-Christian bible as a metaphor. I admire King David beyond epic feats.

Those who impulse Bitcoin are like little David and the international financial system, Goliath and his brothers.

Source: Image by Jeff Jacobs on Pixabay

The drama for our time; is in who will impose electronic payment in digital currency (DCEP) on a global scale. This technology is associated with China; since this large economy is the pioneer in carrying out the first tests in its territory.

The empires of the past failed to impose a single currency on the empire to establish their total domination. But now, it is the first time that technology could allow it overwhelmingly.

The central bank of China will issue the digital Yuan with cryptographic technology but not Blockchain. In this sense, it is diametrically opposite to Bitcoin.

The Chinese government will eliminate current financial intermediaries such as ALIPAY and WeChat Pay, which dominate electronic payments.

In addition, the Chinese Communist Party will have all the information of its citizens' online transactions, which will allow it to intervene according to its policies, such as fiscal ones, or even impose controls such as social credit.

The Digital Yuan is an exponent of the Central Bank Digital Currencies (CDBCs), the Chinese Goliath. But the European Union (EU) and the United States (US), and sixty other countries work on their digital currency.

Although, only those proposed by the large economies choose to be hegemonic, and perhaps one of these will be the single world currency if a world government is founded.

Goliath's other brother (The Corporate Menace)

Bitcoin has formidable enemies in state governments, but perhaps the most dangerous is within large corporations. I think you already know that I talk about Facebook with its Libra project, today renamed "diem".

Governments hinder the launch of this project with global scope, considering the available user base, they know that it threatens the claims of domination of the states and countries.

The diem is the digital currency of corporations (CDCs).

Source: Image by Edar on Pixabay  (Image Modified by the author)

The objective of "diem" is to allow the sending of money between people throughout the world without the intermediation of international banking from an application from your mobile phone.

This digital currency is a kind of stablecoin, that is, a currency that will combine the stability of the world's reference fiat currencies with the blockchain technology of a private network managed by the members of the “Diem Association”.

In this sense, diem is similar to Tether but with the particularity that the value of the diem coin will not depend on supply and demand, but on the support of financial assets.

In addition, diem will have several modalities called Single-currency coins (currencies adapted to the countries) and multi-currency coin (A conglomerate type currency) for cross-border transactions.

Sounds great! But like central bank digital currencies, it is a centralized option, and users are not guaranteed the privacy of their digital identity.

Now, you do understand. Why these types of currencies are related and are highly risky for people. In fact, Goliath's brothers came closest to killing King David.

Bitcoin. The new David

Bitcoin is a project, still young, started from the niche of programmers, and that embodies the spirit of freedom that people need.

Faced with the threat of governments and corporations, which are twinned in the purpose of maintaining and deepening dominance over the people through the new type of currency in the digital age. Bitcoin offers:

• Decentralized government

• Distributed record of transaction entries

• Freedom of use of funds

Bitcoin, like David, faces the forces of a system that outright surpasses them. Many imagine that he will be defeated, but they are wrong. Bitcoin is also:

• Easy to use and versatile

• Fast in the transaction

• Cheap

Wait a minute, you may wonder, which Bitcoin are you talking about?

Obviously, not from BTC. It was long ago that it was kidnapped by Goliath and his brothers. Only BCH represents the real Bitcoin.

Closing thoughts

Bitcoin Cash, the real Bitcoin, has powerful enemies. I think of the deluded people who follow fake Bitcoin, people seduced by greed and speculation who believe that Bitcoin is a store of value similar to gold, which will make them rich overnight.

Bitcoin Cash must beat its enemies because:

• Bitcoin is a revolution within the social system, which seeks to return the freedom that the powerful take from the people.

• Bitcoin is the last weapon in an unequal fight.

• The failure of Bitcoin means that slavery will intensify in times to come, where states and corporations will exploit you like never before while brainwashing you.

If you do not want to be a slave and enjoy life without meaning, you should support the success of Bitcoin, but be careful, do not be confused, support the real Bitcoin, support Bitcoin Cash.

Source: Image by Schäferle on Pixabay

An original article by @Jnavedan