Libra, a Cyberpunk Nightmare in the Midst of Crypto Spring

[Anonymous No.14324245]

“The Libra Blockchain is pseudonymous and allows users to hold one or more addresses that are not linked to their real-world identity.”
Trust us.

But we know that’s not true because “Calibra will require users to go through an intensive Anti-Money Laundering (AML) and Know Your Customer (KYC)” on-boarding for every user.

Just like the Indian Aadhaar “voluntary” ID system where the system wasn’t supposed to keep people’s history and link it all together, all it took was the Indian government passing a law and now they have to keep the data. Then the government followed that by making an Aadhaar ID essential to open a bank account or keep your bank account open and suddenly voluntary is mandatory and we’ve slid as far down the slippery slope as possible.

Pretty soon a centralized digital ID will be absolutely required just to use the system, all for your protection. And then companies and governments will know everything you do and everywhere you go and everything you spend your money on as they track you with advanced AI/ML algorithms.

If the dream of crypto enthusiasts was to restore self-sovereign money, they failed.

[Anonymous No.14324285]

These companies took the best ideas of the crypto community and channeled them safely back through known choke points.

Maybe you thought you were working on the hope of the future when you got into crypto? All it would take was some patience and time and you could tunnel your way out of captivity.

You didn’t realize your prison escape club was sponsored by the prison association all along.

You were just tunneling into another part of the prison.

Panopticon money. Lack of control. Identities linked to everything we do so that companies know where we live, where we shop, who we’re sleeping with, who we’re friends with and more. They can track our digital and real life right down to the nanosecond. And they can see through your wallet like Superman seeing through walls and into your past, present and even into your future with predictive analytics. They will control the flow of money and make or break businesses, communities and geographies.

Soon there won’t be any market left and Facebook will have stolen your dream right out from under your nose and turned it into a black mirror.

If Libra is the ultimate winner in the space and speeds to world market dominance then crypto was the biggest waste of potential freedom ever invented.

[Anonymous No.14324318]

>>14324245

Who the fuck cares, no one ever used Bitcoin as a currency anyways. It's always been a speculation asset. The only things ever bought with Bitcoin where shitcoins.

The point of Bitcoin is to get more fiat.

[Anonymous No.14324575]

>>14324318
>The point of Bitcoin is to get more fiat.
You'll be fucked so hard by taxes it won't be worth it.

[u/nathanielx9 No.14324592]

I love all the reddit threads in biz here recently.

[Anonymous No.14324624]

>>14324245
Enter Monero

[Anonymous No.14324776]

>>14324592
It's from Hackernoon
>>14324624
good jokje