The core technology still works in a decentralised manner, just like it always did. They realised they couldn't ban it so they coopted the end-points and hoped it would be enough.

Getting black pilled just because the government gained control of some websites you don't actually need to use is silly.
I believe that bitcoin was created by glowniggers to test cryptocurrency before it was adopted by governments. I mean... how else would a government test such a technology? It's really not the type of thing you fuck with in a lab and then deploy. You can't risk the digitization of a central currency on anything but real world deployment.
Why would they need crypto? It achieves nothing they want that isn't already accomplished by existing digital currency systems and several of it's inherent features are major headaches for governments.

The only advantages crypto holds are for groups who want to bypass the banking system that supports their entire regime.

@Eiregoat @Humpleupagus @sun

As long as crypto currency can be purchased by United States Dollar Bills or other types of money controlled by the federal reserve it can never be used to achieve freedom because the federal reserve owners can generate unlimited money and then use that to buy the majority of any type of crypto currency

You already said that. It's still a broken argument.

1. By that argument nothing can be used to achieve freedom because someone will always sell some of it for some amount of USD.

2. Hyperinflation exists. If they print infinite USD to try to purchase all of some commoddity then the USD will become infinitely worthless.

@Eiregoat @Humpleupagus @sun

1st step to freedom

Convince at least 50% of police and 50% of the military of the following

not to believe in the moral legitimacy or moral authority or factual accuracy of claims from the following

list of governments that are currently members of the United Nations

clergy of all major religions. I did not say the religions but the clergy

mainstream media

Universities and schools

In addition teach at least 50% about cultic "mind control"

@Eiregoat @Humpleupagus @sun

When they no longer believe in the things I listed it will follow that they will no longer use violence to enforce the value of money

Money has no value without violence because it's only utility is to pay taxes so you do not go to jail

If property taxes and possibly certain other taxes are not enforced with violence then money will lose it's value

People can still trade in other things than money

With property tax gone people can grow their own food

> Money has no value without violence because it's only utility is to pay taxes so you do not go to jail

Before crypto took off I would have agreed, but your theory has to account for that glaring counterexample. No one violently enforced the value of bitcoin or monero or any of the other crypto and yet many of them are soaring in value.

As for the rest, yes, if you can convince a majority of the mechanism of violence within a state to abandon it then the state will collapse. At that point monetary collapse is just a detail though since they won't be able to enforce anything.

@Eiregoat @Humpleupagus @sun

You can not eat crypto coins or build physical objects out of crypto coins

Crypto Currency also has unlimited potential for inflation

Even if there are a finite number of a specific type of crypto coins that can be created, there are a unlimited number of types of crypto coins that can be created, resulting in a unlimited supply of crypto coins because people can just create new kinds of crypto coins

The value of crypto coins is mental & created by faith

> You can not eat crypto coins or build physical objects out of crypto coins

That hasn't affected it's success so far.

> Crypto Currency also has unlimited potential for inflation

> Even if there are a finite number of a specific type of crypto coins that can be created, there are a unlimited number of types of crypto coins that can be created, resulting in a unlimited supply of crypto coins because people can just create new kinds of crypto coins

That's not how inflation works. The US dollar didn't become weaker when the Zimbabwean government started printing trillions of Zimbabwean dollars.

Equally as more fly-by-night crypto projects took off it didn't make bitcoin less popular.

> The value of crypto coins is mental & created by faith

Yes. The same is true of any currency.
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@Eiregoat @Humpleupagus @sun

So I just think the world would be a better place if they did things because they want to accomplish a goal and not to make money

I think the world would be a better place if people stopped doing things for money or currency and started doing things to get the physical objects or services they want

I suggest we would be better off with a distributist but not Marxist economy with gifting, voluntary trade but not money nor involuntary taxes

Money, markets and prices are a useful communications technology that helps people communicate value and efficiency over long distances and a very wide network without requiring close social ties.

It's not supposed to be the moral bedrock of society but it's power as a system shouldn't be discounted.

I've seen various ideas about how distributism could work over the years, but I think it's best chance of getting off would have to involve a strong market economy.

As for "gifting" I think our strongest solution to social problems was having small institutions funded and run locally. Basically bring back monestaries and convents.
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