Bitcoin Cash as International Reserve Currency

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4 months ago

Look close: At the nexus of violence, banking and taxes you will find the real ‘seat of power’ the three legs of the stool of government, influence and control. People have been bamboozled. Hoodwinked. Deceived and distracted in a sea of extortion without anchor or sight of dry land.

The obvious purpose of Bitcoin has always been to emancipate us from this bondage. Repealing the power of the State and to afford us the individual liberty to prosper under unprecedented equity of purpose and potential unlocked by rewriting the rulebook of civil affairs.

Bitcoin Cash’s adoption can see to it that a privileged and elite class of ruling interests with insoluble control over the legacy capital system no longer holds sway or a mortgage over the time and productivity of each person born.

Bitcoin Cash adoption in all material facets of commerce, trade and international settlement in payment for labor, goods and services as a material replacement for International Reserve Currency is and must be the urgent and full obligation and aspiration of Bitcoin Cash advocates, developers and evangelists.

Bitcoin Cash adoption is a purposeful and peaceful act with profound and universal benefit in unshackling people from the control and exploitation of the corrupt and working-as-intended legacy financial system experienced today.

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Comments

However, the unevenness in the distribution of Bitcoin Cash is problematic. https://bitinfocharts.com/top-100-richest-bitcoin%20cash-addresses.html Old elite class can be replaced by a new one.

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4 months ago

Rest assured, I’m not in that top 100 list (today). Won’t make any warranties with respect to staying off it in the future as pursuit of that credential seems like a perfectly reasonable hobby to go after. 😂

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4 months ago

But, at least the old/new elite class won't be able to print as much money as they want for them. Which is definitely an improvement.

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4 months ago

In principle, it is not so important how much BCH someone has, but how quickly it circulates. Goods and services have the right value. Money is only a unit of account and a means of exchange. That's why HODL is counterproductive.

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4 months ago

I'm talking about the fact that in the current system the elite can easily rob others by printing money and distributing it to themselves. It's not doable in the BCH. That's why for me BCH is important even if the distribution is not equal.

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4 months ago

Yeah, that's an important difference.

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4 months ago
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