GFY #10 - fractional reserve Bitcoin

In todays video I talk about the dream of Satoshi Nakamoto to establish p2p cash and make people less dependent on governments and banks.

I believe the direction in which Bitcoin is heading is not moving towards that goal, but instead is moving towards servicing a control state with limited freedom for individuals.

Blockchain technology regulates itself, it is a market in which people voluntarily participate, unfortunately the majority of participants follow the popular narrative and endorse regulation in order to make a short term profit in debt currencies, they are not interested in creating an alternative value system and prefer convenience over free.

Achieving p2p cash will be a never ending battle that I believe we should strive to fight for. One of the initiatives I support and speak about in this video is https://communitycoins.org which is a collaboration of likeminded people that propose the use of global blockchain initiatives in order to service a specific local community.

I need your help to grow this message, it's a task I simply cannot perform by myself. I have opened several trades on the EFL markets on the komodo platform, my prefferred currency for the trade is DOGEcoin because I like to support Elon Musk his message to use crypto as a currency, but many other coins are accepted. If you don't see a trade against your favorite crypto yet, contact me so I can open a trade and allow you to participate. Do yourself a favor, and take my offer!

Please follow the channel and share this video with your community so this message will be heard by an ever growing community.

EDIT: after watching back this video I would like to correct myself. I state that liquid is permission less, but this is not true. It kind of explains itself later when I talk about how liquid works, but in order to use liquid you need permission of the liquid federation. My apologies for this mistake.

X: @infoliberland
Telegram: https://t.me/honklerhangout