The Political Nature of Cryptocurrencies

“Government is instituted for the common good; for the protection, safety, prosperity and happiness of the people; and not for the profit, honor, or private interest of any one man, family, or class of men; Therefore the people alone have an incontestable, unalienable, and indefeasible right to institute government; and to reform, alter, or totally change the same, when their protection, safety, prosperity and happiness require it.”

Massachusetts Constitution, Part VII, John Adams

Cryptocurrencies by their very nature are political because no single government can control them. They act as an explicit form of wealth for the individual alone, that no state can expropriate. Unlike all other forms of wealth that can be expropriated from the individual, cryptocurrencies cannot because of the cryptography that they are build on top of. People are coming to understand that cryptocurrencies are better forms of money because they are governed by code alone, which makes the contract a digital sacrosanct.

Cryptocurrencies exist only for the benefit of those that hodl and use them while creating an explicit economic program of counter-economics in which the state’s coercion and violence is banished. Through building money on top of cryptography–a communication explicitly designed for war–a new kind of value is created from the explicit incapacity of governments to control them.

With the recent abolishment of the largest bank notes in India, Venezuela, Pakistan, and Australia’s announcement to join them, the war on cash is coming. This is a war for the total economic control of money by both governments and banks. This is not for our safety, or security–it is to ensure the theft of our wealth, and the continued enslavement to banking and political interest of the oligarchs.

To have a truly independent form of money strikes at the very root, the very heart of the issue: politics and economics are one in the same.

To Politicize Money

Money is the most fundamental of the social contracts. When we can come to understand that the monopoly that all governments and banks have on the issuance of money under the guise of ‘safety and security’ is nothing more than a ruse for their own enrichment, we can start to understand the very real power we now have to fight back.

Through taking our economic power and choosing to put it into a form of money that they cannot control, we create the most powerful form of political resistance that is possible: economic resistance.

If money is the only thing that these corrupt monsters care about, then lets make it about money–how much money we can cost them? What can we do together when we all withhold our economic power from their parasitic system?

Because it is for each and every dollar that is not spent in there system, we get strong. For every single economic transaction that does not occur in their system, we become strong. For each person that realizes that the state should never have had control of the monetary system, we get stronger.

It is only a matter of time until we are strong enough to take them on publicly and openly. What should be apparent is that money itself is the strongest and the most potent political weapon that there is. Once we acknowledge that money itself is first political, and secondly economic, that we can start to understand the true nature of bitcoin.

Bitcoin is not about money, it is about power.