GoFundMe Just Proved Bitcoin’s Use-Case, by Mark E. Jeftovic

Imagine GoFundMe writ large: a central bank digital currency for which the central bank or government can changes the rules anytime it wants. From Mark E. Jeftovic at bombthrower.com:

In case you were wondering what life under a CBDC will look like

By now, everybody is probably aware of the Canadian #FreedomConvoy and how GoFundMe, at the behest of the Mayor of Ottawa and Justin Trudeau, summarily closed their fundraiser, which had exceeded $10 million. They also announced that they would literally redistribute funds to other “approved charities”. Those approved charities would presumably be those mentioned by name by the likes of Trudeau (like the avowedly Marxist BLM, who have fundraising issues of their own owing to lack of financial transparency).This kind of incident is a microcosm of exactly why the world needs Bitcoin, decentralized crypto-currencies and communications protocols.

Because we now live in a world run by collectivist technocrats. They sincerely think that what they believe should be rules and what you or I believe should be thought crimes.

On its own this would be merely annoying, having to perpetually deal with shrill, sanctimonious hysterics, perpetually shrieking in your face about things they want you to think and how they want you to live.

But it’s a problem when these people congregate around the choke-points of a centralized, bureaucratic technocracy and impose their personal neuroses onto the rest of society. Not only as policy, but as official canon on what is truth itself.

The final straw is when dissent is criminalized and plunder legitimized. When all actions against those dissenters are fair game, while any civil (and constitutionally protected) resistance is by definition reprobate, then we have arrived in dystopia. At the very least: authoritarianism.

Reality will always intrude…

The Fourth Turning people observe that the generational cycles oscillate between individuality and collectivism. By extension, right now we’re in a phase of peak collectivism. They’re not wrong, but I think that misses the overall progress of humanity. On a scale of individual autonomy and empowerment, the long term trajectory is always “up and to the right”.

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