Competition and cultural diversity are necessary to the development of society. Economic and political boundaries between states, countries, and provinces are the backbone for every such territory.
However, over the past thirty years, the views of unification have dominated. The unipolar world order has led to an information bias. The inhabitants of the whole planet experience obstacles to free political will. Unique cultures, civilizational continents risk disappearing. In the heat of the struggle for "diversity" in terms of skin color, sexual preference, and gender, factual human diversity is under the pressure of the global standard. The crisis of value produces negative economic consequences. The planetary division of labor has made supply chains fragile. Rising prices are increasingly difficult to write off as a pandemic effect. Despite the efforts of ultra-globalists, centrifugal sentiment is growing in the U.S. and the European Union. Other countries will follow in the same vein.
The globalists' core weapon—reserve fiat currencies and the central banks behind them—have lost effectiveness. The collapse of the dollar pyramid is no longer hypothetical. The danger of the situation requires proactive thinking and creates a window of opportunity.
National Bitcoin is a socio-engineering, ideological and technological basis for a new type of money with comprehensive initial distribution, designed for interconnected regions. National Bitcoin networks can mitigate the aftermaths of the coming structural crisis. It can help create a new political-economic fabric.
<aside> 🗣 The first phase of the experiment called "Bitcoin" is coming to an end. It is time for the second phase.
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Fiat (fiduciary) currencies, which have played the role of money for half a century, are an instrument of politics.
People don't notice it out of habit but the problems do exist. Fiat currencies are constantly depreciating. Bank deposits and money market instruments do not protect against inflation; people have no choice but to take on the risks of the stock and bond markets. Transaction controls are ubiquitous and annoying; your fiat money can be blocked or confiscated. You can't pay remotely without interference from intermediaries, who can prohibit transactions at their discretion. The commissions are very high.
Bitcoin seemed like a great solution at first, but it didn't work out. Its original promise to serve as peer-to-peer electronic cash was never fulfilled. It ended up as just another speculative financial asset.
As of the end of 2021, there are only about nine million Bitcoin addresses with more than five hundred dollars worth. And if you count in people, it would probably be no more than one or two million people. Few businesses are accepting Bitcoin as payment for goods and services. It is not legal in many places. Bitcoin pioneers have failed to focus and gain critical mass. The movement has become mired in developing "alternatives" for Bitcoin and has lost momentum. Humanity has not grasped the basic meaning of Bitcoin; people's attention has become fixated on the exchange rate. Bitcoin's pricing is purely speculative; the number of users (not speculators) is negligible and not growing; volatility is very high. The energy cost of Bitcoin is too extreme. The carbon footprint in no way corresponds to the perceived utility of Bitcoin in society.
We need to account for mistakes and, this time, decentralize a new Bitcoin not only in the software code but also OUTSIDE the protocol.
<aside> 🗣 Delivering the pure peer-to-peer cash requires not only technological but also socio-cultural, if not ideological, breakthrough.
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