Banned from r/capitalism-in-decay for talking about cryptocurrency.

I made the argument that the decentralized nature of cryptocurrency poses a significant threat to the central banks, the ones using USD as a weapon against certain classes of people, of common topic on that subreddit. I argued that cryptocurrencies transparency would help us weed out corruption and help power transition out of the hands of the central banks and into the hands of the people.They pushed back saying they wanted the power to transfer to them, followed by a 180 day ban. This is why centralization can't work. Groups of people (capitalists and communists alike) want power for themselves, not equal footing with their peers. And neither side is interested in hearing an opinion that doesn't exactly align with their own. Even if that opinion is not of the opposition's belief, they label it as such. Because capitalists believe power must stay in the hands of the central banks, as that's what gives them the power.Call me a cyberocratic syndicalist I guess. Neither right, nor left. I'm of the opinion that computers change everything, government included. Benevolent Monarchies are always more fair to the people than democracies, but monarchs are limited by human lifespan. So lets build an open source, blockchain enabled, decentralized governing AI. Something fast and adaptive so it can update with the changing society, while not being bogged down by bureaucracy, something compeltely transparent and verifiable.

Submitted May 28, 2020 at 01:01AM

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