Why true decentralized exchanges are important

Why true decentralized exchanges are important

By CloudCoin | CloudCoinConsortium | 6 Nov 2019


Why true decentralized exchanges are important?

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It’s unlikely you haven’t noticed, but just in case you haven’t, countries fight economic wars.

Some time around 1815 Nathan Mayer Rothschild stated:

“I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets.” “The man who controls Britain’s money supply controls the British Empire, and I control the British money supply.”

At that time the Rothschild’s controlled England’s money supply.  They are reported to still do so through a web of legal contracts and corporate entities.

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England was lost when the Rothschild’s caused the British stock market to crash using Fake News. When it crashed he immediately bought up all the English stocks and debts for practically nothing. After that he literally controlled England and even ended up with 2 square miles of his own sovereign country located within London, called “The City of London.” “The City” as it is called today, still exists and is one which even the Queen cannot enter without first getting permission.

Today countries of the world, especially the United States are using economic warfare to force countries to their knees and either bow to their control or face economic and social disaster.

Cryptocurrencies and the decentralized Blockchain on which they are based were supposed to be a solution to economic domination. But now even the big centralized exchanges like Binance and Bittrex have capitulated and are toeing the line created by Washington’s economic sanctions, and not allowing citizens of countries like Cuba and others to use their exchanges.

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As reported in Mosaic.io, 19 of 44 cryptocurrency exchanges have restricted Cubans from accessing their platform, making Cuba the sixth-most blocked jurisdiction by crypto exchanges, followed by the United States, which is blocked by 30 exchanges, Iran and North Korea with 24, Syria with 23 and Sudan with 20.

Note that the United States is blocked by 30 exchanges. It’s blocked by more exchanges than block Iran, North Korea, Syria, or Sudan.

But it’s not just the United States who does it. Economic sanctions are used by many countries for various reasons. They may include various forms of trade barriers, tariffs, and restrictions on financial transactions.

What this all adds up to is a cut in commerce, a cut in trade, and a cut in one of the most vital forms of communication between the peoples of nations.

Commerce and trade is what prevents wars. It acknowledges the value of the other guy regardless of his color, nationality, religion or beliefs.

Now, that doesn’t mean that a country shouldn’t have any control over who they can conduct commerce with, but there are limits. I can say I don’t want to communicate or do business with you, but I don’t have the right to prevent others from talking to you or doing business with you.

Restricting or cutting communication has been used as a tool for eons. Churches have used excommunication and a lack of acknowledgement which is a basic break in the communication line.  I experienced that as a child when the Catholic Church didn’t recognize my parents’ marriage, making me in their eyes “a bastard,” or so my father thought. The American Indians also used it against those they felt transgressed beyond what was acceptable. They would sometimes simply not even acknowledge a person’s presence. That person might walk through their encampment, but would be a ghost to them.

So, could it be appropriate in some circumstances? Yes, it could, but it had better be a severe situation because it is a sharp two-edged sword.

Without communication, there cannot be true understanding.

Foreign Ambassadors or Diplomats are primarily communicators who represent the position of their country and work to obtain agreement on key issues. When things get really bad between countries they even withdraw their Diplomats. In cases like this, the only remaining communications tend to be kind of solid. Two men punching each other out in a bar fight are communicating very solidly.

So how do we handle this? Well, each circumstance is different, but doing whatever we can to maintain open and free communication usually wins.

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When the Berlin Wall fell, it wasn’t because of tanks and planes, it was primarily due to communication, communication in the form of things like Radio Free Europe that shared the concepts of democracy and the rewards available in a capitalistic society versus communism.

So, does one country have the right to restrict the trade of others with that country? It’s unlikely.

I doubt that Cuba would remain very communistic if allowed to experience the economic freedom that comes with open trade.

Those can be complex problems. Each is individual onto itself, but the basic principle of free communication is senior to all. That’s why we have freedom of speech in our Constitution.

If people could really trust in their governments to be sane, honest and operating in their true interests, and if the banks of the world could be trusted, perhaps we would not have to worry about all this. But right now, “Big Brother,” in all his manifestations operates in a self-serving greedy non-caring manner and is only interested in creating more of a slave society. In other words, they can’t be trusted.

So, we come up with things like cryptocurrencies that do not depend on trusting a centralized authority.

But cryptocurrencies are fragile.

They are vulnerable, and I’m not just talking about being vulnerable to the upcoming quantum computers, that is a given in my mind. I’m talking about right now.

It’s already possible for Bitcoin and the other cryptocurrencies, which use a decentralized blockchain system to have their transactions tracked! This is not theoretical. The Danish Police have been able to track criminals using this method.

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Ref: https://hackernoon.com/anonymity-and-bitcoin-what-is-bitcoin-mixing-and-why-do-people-use-it-84c62ccb20c2

This all leads back to the need for something better.

The new cloud-based digital currency named CloudCoin offers the best possibility, but even with a currency that is not itself vulnerable, unless people can make due with only peer-to-peer transactions to carry out their trade, and don’t absolutely need fiat to do business, the exchange points, from crypto or CloudCoin to fiat will be the bottleneck which prevents full adoption.

True decentralized exchanges are essential.

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Things are moving fast. Big things, dangerous things, are happening. The Blockchain is already in the process of being centralized, and its corrupted incarnation will be one of the most suppressive control mechanisms imaginable. It’s already in progress in China, India, Russia, Canada, and elsewhere, including in the E.U. and the USA. Once it’s in place Big Brother will have total control of all your finances.

“I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets.” “The man who controls Britain’s money supply controls the British Empire, and I control the British money supply.”

This applies to any state, any nation or any world...

 


CloudCoin
CloudCoin

Our mission is to provide a "perfect" global currency that cannot be counterfeited, double-spent, mined or lost, is 100% private, requires no public ledgers, accounts, or even encryption; a monetary system that is fair.


CloudCoinConsortium
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The CloudCoin Consortium is a group of businesses and individuals around the world who are interested in seeing CloudCoin be successful. The CloudCoin Consortium is not a legal entity. It has no bank accounts. It has no headquarters. The consortium is a Libertarian organization who are very interested in Freedom. The Consortium was a Platinum Sponsor at Freedom Fest in Las Vegas in 2018.

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