Conspiracies about Bitcoin and the world of finance proliferate… as ever. Nothing new there. Whenever we feel the need, we have nowadays many, many options for forces to blame, some visible, some shadowy.
But is it possible that these last 12 months of roller-coaster uncertainty in the Bitcoin market are actually a managed prelude to Corporations strengthening their global power base still further? Not so much against the People, but against Government and Banking?
Power, throughout the last centuries, has been largely distributed between Government, Banking, Religion and Commerce (Corporations these days). Perhaps one might say that Religion is no longer such a player, but the other 3 still seem locked in uneasy coalitions with each other.
And consider some of the world’s largest corporations, all just floating under one trillion USD market cap. We’re talking Google, Amazon or Apple. They’ve all been on the up and up of late and must, surely, be considering their next step.
NOW... imagine one year back, early 2017, that say Larry Page and Jeff Bezos had a meeting with top level Gov and Bank execs and laid it out like this....
“Listen guys. Blockchain’s arrived and soon we’re thinking of starting our own global currency. You know, the Google coin or the Amazon token. You see, Larry always loved taking on dysfunctional bits of social apparatus and fixing them and, me, Jeff, well I own the biggest retail outlet on the planet. I mean, we’d be crazy not to do it. What do you think?”
You figure Banking or Gov are going to secede control of Money to Corporations? Like, how much is there going to be left for them to do if they no longer run Cash? Not so much. There’s is no way they are going to permit it whilst they have any power to do so.
BUT… what if everyone on the planet starts to get into Crypto for a year or two and it creates huge levels of social chaos. People losing money here, there and everywhere. Taxation lawyers on both sides of the fence pulling their hair out trying to figure where to go with it. Banks trying to stop people investing. Govs trying to shut down exchanges. Rumours of conspiracies worse than ever. It’s chaos.
Well, now if Larry and Jeff rock up and say…
“Let us fix it for you. We’ve already got the worldwide networks. We’ll start up our own currencies and pretty soon who’s going to give a damn about Bitcoin, Ether or whateverthehell token?”
Heads nod.
But is it possible that these last 12 months of roller-coaster uncertainty in the Bitcoin market are actually a managed prelude to Corporations strengthening their global power base still further? Not so much against the People, but against Government and Banking?
Power, throughout the last centuries, has been largely distributed between Government, Banking, Religion and Commerce (Corporations these days). Perhaps one might say that Religion is no longer such a player, but the other 3 still seem locked in uneasy coalitions with each other.
And consider some of the world’s largest corporations, all just floating under one trillion USD market cap. We’re talking Google, Amazon or Apple. They’ve all been on the up and up of late and must, surely, be considering their next step.
NOW... imagine one year back, early 2017, that say Larry Page and Jeff Bezos had a meeting with top level Gov and Bank execs and laid it out like this....
“Listen guys. Blockchain’s arrived and soon we’re thinking of starting our own global currency. You know, the Google coin or the Amazon token. You see, Larry always loved taking on dysfunctional bits of social apparatus and fixing them and, me, Jeff, well I own the biggest retail outlet on the planet. I mean, we’d be crazy not to do it. What do you think?”
You figure Banking or Gov are going to secede control of Money to Corporations? Like, how much is there going to be left for them to do if they no longer run Cash? Not so much. There’s is no way they are going to permit it whilst they have any power to do so.
BUT… what if everyone on the planet starts to get into Crypto for a year or two and it creates huge levels of social chaos. People losing money here, there and everywhere. Taxation lawyers on both sides of the fence pulling their hair out trying to figure where to go with it. Banks trying to stop people investing. Govs trying to shut down exchanges. Rumours of conspiracies worse than ever. It’s chaos.
Well, now if Larry and Jeff rock up and say…
“Let us fix it for you. We’ve already got the worldwide networks. We’ll start up our own currencies and pretty soon who’s going to give a damn about Bitcoin, Ether or whateverthehell token?”
Heads nod.