#www3 — Public Fediverse posts on home.social

Reverend Elvis @[email protected] · 2026-07-07 · 07:00 UTC

Slave to the #system?
I deliberately left the bit about Bitcoin in my #Cypherpunk Manifesto article. I’d copied it and included a link to it. It was addressed to the W3 crowd on Nostr, who see Bitcoin as the savior. Here, Bitcoin is seen as the Antichrist, facilitating the rise of fascism. Both are oversimplified analyses. That’s why I’d been hoping for a discussion, as I’m not entirely sure myself.

However, both #Thiel and #Musk made their fortunes through predatory platforms, mainly via #PayPal. The most horrific things in the world happen because #BlackRock and the like speculate on food. Because the military-industrial complex is flooding the world with weapons. All without Bitcoin or crypto. There’s also the Bitcoin Africa movement, which simply doesn’t fit into the ‘scammer-hater’ narrative.

Nevertheless, I think that as long as the world is ruled by #money (and it will be for a long time to come), it’s better to have decentralized money than #centralized money managed by states or companies. In Germany, they say, ‘Money doesn’t stink’. With money, you can buy flowers for your loved one or weapons to fight the enemy.

The dollar and the euro are ultimately controlled by a select few.. Crypto could, if viewed positively, be #democratic. I think this is a worthwhile discussion.
Think in terms of #structures, not #ideologies.

https://word.undead-network.de/2026/07/07/slave-to-the-system/
#bitcoin #crypto #decentral #freedom #money #slavery #w3 #www3