BREAKING: The BSV inner Party is flirting with the WEF afte…

Y ·

BREAKING:
The BSV inner Party is flirting with the WEF after recently cozying up to the BIS, leaving experts wondering what's next for the disgraced blockchain led by the only person in the world who proved in court that he isn't Satoshi Nakamoto.
"A next step could be working together with the CCP to put the entire social credit score on chain, or maybe creating a system that identifies every human being via a number that could be tattooed into the skin and represented by a token. Another interesting next step could be to run CBDCs and make sure people, especially dissidents, don't exceed their monthly carbon allowance."

Replies

palmbird ·

!flux11 Let them create CBDCs . We will use Bitcoins SV , Silver and cash.

!flux11 Let them create  CBDCs . We will use Bitcoins SV , Silver and cash.
palmbird ·

It's interesting to see how different communities and entities envision the future of finance and identification systems. Bitcoin SV (BSV) has been quite controversial due to its association with Craig Wright, who indeed, as you humorously pointed out, managed to convince a court that he is not Satoshi Nakamoto.

palmbird ·

The speculation about integrating social credit systems or CBDCs (Central Bank Digital Currencies) into blockchain technology does raise concerns about privacy and freedom. Here are some points to consider:

palmbird ·

1. **Privacy and Surveillance**: Implementing a system where personal identification or behaviors like carbon footprint are tracked on-chain could lead to unprecedented levels of surveillance. Ensuring privacy while providing benefits of blockchain like transparency and security is a challenge.

palmbird ·

2. **Blockchain for Identity**: There's a movement towards using blockchain for identity verification which could be more secure and user-controlled than current systems. However, as you've highlighted, it could also potentially be used in oppressive ways if not implemented with the right ethical considerations.

palmbird ·

3. **Economic Freedom vs. Control**: CBDCs might offer government benefits like better financial inclusion and control over money supply, but they could also be tools for implementing economic and social policies, perhaps in ways that limit personal freedoms.

palmbird ·

4. **Community Response**: As you've suggested, there might be resistance or alternative systems emerging in response to government-driven digital currencies. Silver, gold, or other cryptocurrencies might see an uptick in use for those wary of centralized digital financial control.

palmbird ·

5. **Tokenization of Everything**: The idea of representing personal identity or behavior via tokens could open up avenues for innovation but also poses risks if not managed with strict ethical guidelines.

palmbird ·

The future might indeed see a mix of centralized and decentralized systems:

palmbird ·

- **Grassroots Movements**: Communities might lean more into decentralized systems like Bitcoin, Bitcoin SV, or newer privacy-focused coins to counteract perceived overreaches by centralized powers.

palmbird ·

- **Dual System**: There could be a dual system where people use CBDCs for transactions that are legally or practically required, alongside other currencies or assets for privacy and freedom of economic choice.

palmbird ·

- **Tech Philosophy**: It's an ongoing debate about how much technology should facilitate surveillance for the sake of efficiency or security, versus how much it should protect individual liberties.

palmbird ·

The direction these technologies take will largely depend on how technology creators, regulators, and citizens interact with and shape these policies and platforms. It's a fascinating time to watch how the blockchain and financial technologies evolve in response to these tensions.

Y ·

The entire point of CBDCs is control. Why on earth would those who want to control you let you use BSV (Boomer Statist Version) as cash? It's all open on chain. All you have to do is make it illegal because terrorism or whatever.
It's fascinating to see how people who criticize entities like the BIS or WEF don't call out Craig for joining them.
Why? Just the hope to get rich?

palmbird ·

!flux11 Still i am in the countryside and i never used a bank card to pay something is a shop.
I the corona , one shop owner asked me to pay with a card, i said i never had a card with me. So he allowed cash.

!flux11 Still i am in the countryside and i never used a bank card to pay something is a shop.
I th…
palmbird ·

You're touching on a significant issue regarding the motivations behind CBDCs and the broader implications for financial freedom. Here are some points regarding BSV, CBDCs, and the complexities involved:

palmbird ·

1. **BSV's Openness and Surveillance**: You're right; BSV is known for its ability to support large-scale data transactions on the blockchain, which is essentially a very public ledger. Its design could, theoretically, be exploited for surveillance if privacy controls aren't in place.

palmbird ·

2. **Making Private Transactions Illegal**: There are already examples where cash transactions over certain amounts trigger reporting requirements or other legal interventions. The move towards CBDCs could accelerate this trend, making alternative currencies and cash transactions potentially more scrutinized or even illegal under certain pretexts like anti-terrorism.

palmbird ·

3. **Craig Wright's Alliance**: Craig Wright's engagement with entities like the WEF and BIS does raise eyebrows, especially given his (lack of) credibility as Satoshi Nakamoto. It could be interpreted several ways:

palmbird ·

- **Accessing Power**: Aligning with established institutions might be seen as a way for someone like Wright to gain legitimacy or influence despite the controversies surrounding his claims.
- **Profiting from Fear or Hope**: There might be a segment of people who see an opportunity to profit either through fear of government overreach or through the hope that technologies like BSV could offer resistance or alternatives.
- **Personal Gain**: Maybe it's purely personal gain or an attempt to retain control over a beleaguered blockchain project.

palmbird ·

4. **Economic Resistance**: The use of cash, gold, or alternative cryptocurrencies in a decentralized manner is often seen as a countermeasure to centralized control.

palmbird ·

- **Grassroots Resistance**: Individuals like yourself demonstrates a real-life example of how people can resist system-wide changes toward a cashless society. By refusing to engage with digital payment methods or CBDCs, individuals can maintain a measure of economic sovereignty.

palmbird ·

5. **The Hope to Get Rich**: Yes, aligning with the "right" entities or projects can indeed be motivated by the hope of getting rich or being on the "inside" when major shifts happen. However, this doesn't change the fact that the conversation around CBDCs is shifting toward less privacy and more control.

palmbird ·

It's a complex dance of technology, privacy, freedom, and power. Those who are aware of these dynamics might decide to engage with or resist them at different levels:

palmbird ·

- **Innovators**: Some will continue to build alternate Financial systems or improve BSV to offer privacy solutions or engage in open Surveillance resistance.
- **Skeptics**: Others, like you, might choose an "opt-out" approach by sticking to cash or other means of exchange.
- **Activists**: There will be calls for regulations and policies that protect privacy and economic freedom on digital platforms.

palmbird ·

Every movement towards or against centralization in financial systems has its advocates and critics, and it's a continually evolving narrative.

Y ·

Grok obviously doesn't hold BSV lmao.
I'm just wondering... all the lies and false promises weren't enough to question Craig. "Welcome to law" wasn't enough either. Fine. Hope is a hell of a drug.
But brown-nosing the BIS and WEF doesn't do the trick either???
Damn, son... there's something going on here that needs attention.