Internet outage, an intentional failure? Impact on the adoption of the use of cryptocurrencies.

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Avatar for Jnavedan
3 years ago

Eight chimes on the wall clock in the center hall of my apartment. Lying in bed I wait for the internet service to be restored, this causes the paralysis of the economic activity that from the workroom of my home supports the family.

Communicators have reported on social networks the partial interruption or slowing down of internet service in various parts of the world, which affects thousands of people. Not only those who use the internet as a means of entertainment, but it also affects financial traffic networks and stops the economic activity of those who depend on banking points of sale, and although I have been a technology enthusiast since I was a child when these Faults present themselves, reasonable fears and doubts come to me.

You will have noticed that at present, the policy of drastic reduction of circulating cash is being applied on the planet. Consequently, every day, the exchange of goods and services will become more dependent on electronic and digital payment systems. The final objective, the definitive abolition of physical cash to give way to digital cash and with it, to total control of the State.

Perhaps this situation causes you some fear. Perhaps, it is the reason for the crypto enthusiasm in you. Or just go with the flow and get uncomfortable when temporarily disconnected from the virtual world. I don't know what you think, but you can't deny that the system determines the supposed freedom.

Correct me if I am wrong, Bitcoin was born to free people from so-called trusted intermediaries. That is to say, of the oppression of a monetary model based on an economy of indebtedness and infinite growth, where an elite of politicians and financiers lead the masses. Even those who propose that the visible actors are those, actors, who execute the script prepared under the aegis of a higher directive body and hidden from public opinion. Sounds like a conspiracy theory. Unfortunately, the latest events seem to prove them right.

I look at the top bar of the laptop screen, it's ten minutes to ten at night, and still, the internet service of the hired operator has not been restored. I imagine the tips accumulated on noise.cash, dammed up waiting to be distributed in the valuable publications according to my taste and criteria. In the past, he would have made an angry claim and even considered replacing the operator, but when the State takes over to the detriment of private activity, you are left with almost no options. Free competition stimulates the quality of goods and services. A sentence confirmed by experience.

I wonder, in the world, how many people still do not have bank accounts? In the preceding decades, governments implemented policies to incorporate people into the banking system, meanwhile, the issuance of cash was essential for the functioning of the domestic economy. Now, the convergence of technology will enable the distribution of digital money for the exchange of goods and services with only the registration of the biometric information of each individual. This explains the reason for the rapid and progressive elimination of metallic and paper coins, a parallel process.

Source: Image by mohamed Hassan on Pixabay 

This presupposes the implementation of a computer network infrastructure and a reliable global database system where immediacy and security are the norms. In this sense, you can find on the official websites of the world's leading countries that compete in the development of a financial quantum system under a satellite infrastructure. When the information comes out to the public opinion, you can be sure that the road is well advanced and they only prepare us for what is to come.

So what is the reason for the internet service failure? In addition to being an instrument of social control, who doubts the ability of governments or corporations to control the service, to demobilize people in just claims, also in a preamble to sensitize populations in the adoption of what is designed for us.

The technology that is coming is amazing, in itself, it has nothing bad, although the final purpose they intend to give it is worrying. The rise and development of the blockchain are being used by the ruling elites to redefine the world under the plans announced on the agenda of the world economic forum and the United Nations. I am concerned that the financial freedom initiatives for the common people behind projects like Bitcoin Cash will be thwarted in the process.

Perhaps, I am raving a bit about the terrible internet service, and even exaggerating in the vision of the world of the immediate future. Perhaps, you should not listen to the rumors circulating on social media, false news, and tabloids that misrepresent the good intentions of governments. I should go back to the postulates that I was taught during my college student days, not excluding postgraduate courses. The state is necessary to impose order and prevent people from killing each other in the fight for limited and non-renewable resources. Now, on the way to the last stage of my life, I am certain that I was scammed in my good faith.

Without being an anarchist or nihilist; I think about the perverseness of the ideology that proclaims equality and the common good. It is enough to evaluate the examples in the world in the effects they produce. There is equality in poverty for the majority for the benefit of the system operators.

How do I know that I have been deceived? Consider the thesis of water scarcity and entry into the futures markets on the stock market. Planet Earth should be called planet Water. We have been taught that three-fourths of water covers the planet. So what shortage? Someone would say, it is not drinkable and the investment to make it drinkable is financially unfeasible. Did you know that 80% of the water consumed by the population of Israel comes from the sea?

Source: Image by Gordon Johnson on Pixabay

Conclusion

I am skeptical of the good intentions of governments. Many of the evils stem from the mistakes made by those who lead the world from the shadows. Those who are truly responsible for the artificial deficiencies that we suffer, including the recurrent failures of the internet service in order to prepare the way to install the new infrastructure.

I believe in the real threat against the objectives of the original Satoshi Nakamoto project, as well as the later serious projects oriented on the ideals of decentralized governance, of freedom of expression resistance to censorship, to the exchange of goods and services between people without intermediaries with low commissions and a balanced cost-price ratio. It will not be the panacea for all our ills, but it will help enormously, as we walk to the ideal of humanity that suits us best.

An original article by @Jnavedan

Cover Image by Gerd Altmann on Pixabay 

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3 years ago

Comments

In reality, these are things we cannot control. On our part is to stand firm in our conviction and try to immerse ourselves more in our purpose to achieve the greatest knowledge to implement the use of digital currency despite the circumstances.

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3 years ago

In reality, these are things we cannot control. On our part is to stand firm in our conviction and try to immerse ourselves more in our purpose to achieve the greatest knowledge to implement the use of digital currency despite the circumstances.

I agree with you. Everyone does what they can in their area of influence. I just wanted to digress a bit about it, albeit with some consistency. LOL

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3 years ago

Great one dear💟💟

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3 years ago