DECENTRALIZATION EXTREMIS: SATOSHI INADVERTENTLY UNLEASHES …

Twetch ·

DECENTRALIZATION EXTREMIS: SATOSHI INADVERTENTLY UNLEASHES A WORLD OF CLOWN FINANCE

Imagine a world were cryptos are just the new “website.” Everybody has to have one because their customers expect it. Walmart doesn't want to use Ethereum, Walmart wants to run on WalmartCoin. The long imagined day when Amazon accepts Cardano is blown the fuck out by an announcement that Amazon will be developing Amazoncoin instead. Etc. etc, ad infinitum ad nauseum until the inevitable McDonaldscoin arrives. And of course, the real pioneer in the field of microtransactions, Chucky Cheese, launches ChuckyCoin- the most advanced crypto of all time. It let's you play to earn on real arcade games in the real world while earning interest towards free Pizza!

Everybody needs their own currency now because it's in style! Every celebrity has their own blockchain. Britney Spears is making a high tech comeback with her SignaturePussy Coin. Kanye has finally solved the J Question by launching YeToken. You can go around the Semitic Embargo and direct buy shoes from his US factory with it. Why use crusty, bloated networks with baggage when you can have a shiny new one?

If there's one thing cryptoheads aren't known for it's thinking their philosophical positions ALL THE WAY out. So when shitcoiners started pumping a “decentralization” narrative years ago, perhaps they were deluded by their own egos as devs and gamers. Computer coders were the new Medieval priests, afterall. Only they could translate the language of the new tech Bible. They kept that language inside their bubbles like Medieval Churches. Assuming they were the chosen who could translate the new language gave them an edge over the peasants. Have fun staying poor! They could front run the world; creating overcomplicated systems the average human could not understand. Shit, then create another whole industry around “educating” the general public!

Fast forward 10,000 cryptocurrencies later... that number still exploding upwards. Every day a dev decides to dev yet another crypto, but they actually make a loud public statement that all 10,000 cryptos were flawed, don't they? Really? Not a single crypto out of 11,000 could do the things you wanted it to so you had to make another?

Amplify this 100x when a company as large and significant as Samsung announces after 5 years of research, they've decided not one out of 15,000 cryptos available would work for their use case, so they will just make their own!! This is the trend- crypto dying a wet death of market saturation. An industry bent on the propaganda of “scarcity” trying to make a use case for its own existence when every Hollywood nut can cut and paste another whorecoin.

Unless you're an artist or soldier you don't understand the blowback. Maybe you do, if you're a chaotician inside the Jurrasic Crypto Park, dimly aware that every action has an equal and opposite reaction. That pre-mined crypto smart contracts would show up for sale on Facebook. Crypto billboards popping up around you as you walk the dog. You stop for a chat with the ice cream store owner on the corner who says she would rather have Suzy's Ice Cream Coin than Solana because Solana sounds like a drug she doesn't want associated with her business.

Suddenly, each gas station company wants its own currency... the top 10 cryptos soon getting BTFO'd by Sunoco Coin. Who would have guessed how quickly BP Token ($BPT) would overtake Internet Computer Protocol?

Well, Einstein was both the architect of nuclear energy and nuclear death! As America and Russia face off again over his “civilized” creation, it is unclear to this author how he can be considered 100% genius but zero percent mass murderer and that's the bottom line. The truth is, that inventors have no control over the ramifications of their inventions. To attempt control over such raw power is a fool's errand. In this not-so-hypothetical nightmare where Burger King Crypto appears with the Burger King King on its face, Satoshi's vision of sound money can become the catalyst for clown finance- a dystopian future of 6.5 BILLION currencies. Like Einstein's vision of unlimited energy became our current idea of mutually assured destruction.

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THE CRYPTOGRAPHIC POST- Crypto fake news and views for adults.
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