This damned system in which we live, based on the discretionary issuance of currency by central authorities, is responsible for the fact that a fifth of the world's population holds 80% of the total wealth, for the exploitation of children to manufacture clothing that is sold for fortunes in European stores or to carry bags of cocoa beans in Africa to later sell handmade chocolates at sky-high prices in Swiss candy stores, it is curiously based on two pillars that support it: "democracy" and "meritocracy".
Both constitute two fallacious concepts that are not believed even by those who profess them and declaim them in long political dissertations from the platform for the applauders. Unfortunately, if those of us who deeply believe in blockchain technology and distributed systems do not do something, to these two fallacies we will have to add a third one called DAOcracy.
Let me explain.
The so-called "democracy" works in the following way. Corporations and international organizations (created and funded by corporations), which are the ones that really govern the planet, make the laws and devise all the regulations that favor them, divide the planet into regions, and within them, into countries. In each country, there are "observers-informers" who know well the candidates who may stand to compete in an election. They suggest the one that is closest to the ideas that suit the general corporate plan for the period considered (note that the candidate can be populist, left, right, center, or whatever, since they only have to meet the requirement that it will let the corporate system operate without problems). Once the candidate who must win and his/her staunch opponent has been identified, significant sums (created by banks and guaranteed by central banks) are allocated to show the candidate who must win as the man or woman who will save the country, and a sum far superior to show the opponent as the most corrupt of the pirates who ravaged the Caribbean seas. The mass media, at the time, in the hands of the corporations, inform and misinform the herd following the plan and the budget. When the election comes, whoever they wanted the corporations to win, wins. And the people believe that they voted freely.
They call this democracy.
I think not even Groucho Marx could have imagined it.
Image by Clker-Free-Vector-Images from Pixabay
But it should not be forgotten that the term "democracy" was created in a slave-owning Greece in which only the elites voted. So it is perfectly coherent to give this name to this farce. Democracy was created by the Athenians in the 5th century BC, it appears in the work of the philosopher Plato, The Republic, where he defines it as the "government of the people". In the system established by these cartoon characters, decisions were made in citizen assemblies, excluding women, foreigners, and slaves. As you can see, a truly transparent and egalitarian system.
Then comes the “Meritocracy”. Meritocracy is simply that the rich, their heirs, and their employees achieve "financial success" while looking down on those who don't because they "don't try hard enough." That is, the rich man despises his maid, since she cannot achieve economic success because she does not try hard enough. The "developed" countries look down on the "third world" countries because these countries are inhabited by bums who don't try hard enough. A landowner despises his ranch hands since they cannot get out of their extreme poverty because they do not try hard enough. In general terms, the merit belongs to those who have the most, while those who have the least are excluded for being useless bums who do not try hard enough. This is what is taught in the elite universities, from which the gears that are going to feed the capitalist corporate machine come out so that nothing changes and humanity “progresses”. So, according to the canons of meritocracy, a single mother from Burkina Faso will never be able to get out of poverty because she doesn't try too hard.
In this case, I think that Buster Keaton could not have imagined a logic like this for his great movies.
Image by Eric Perlin from Pixabay
Sadly, this meritocracy business reminds me of "Boxer", George Orwell's Animal Farm horse, who spent his life saying "I will work harder!", and worked for the regime trying harder every day until he was betrayed by that regime and was sent to the slaughterhouse in exchange for a barrel of whiskey for the pigs in charge of the government.
No matter how little these monstrosities are analyzed, logic indicates that we are facing a system in which only corporations and employees of international organizations can win. Clouded by the "American dream", the world's middle classes work harder and harder to get their Ferrari or their yacht.
In 2009 a light appeared at the bottom of the tunnel. For the first time, technology could be used to decentralize and eliminate the intermediaries that created the savage capitalist system that governs us. For the first time, technology could make us think of a society without intermediaries, egalitarian, without the need for permits, without borders, and without the need to trust anyone to carry out our work. In the early days, everything was in the hands of nerds who spoke an unintelligible language and formed an impenetrable elite for the common man. Then, the idea of the decentralization of the monetary issue and the distribution of transactions became known by people who found an extraordinary use in the new technology, who realized the enormous step that humanity could take if the paradigm of corporate centralization, especially the paradigm of bank control of the issuance of the transaction’s used currency, was broken. Let's remember Henry Ford when he said at the beginning of the 20th century that if people knew how the banking system works, there would be a revolution before dawn. If people can operate in a purely P2P context as the first line of Satoshi Nakamoto's White Paper proposes, banks are absolutely and definitely useless. The intermediary disappears, and by extension, all kinds of hierarchy disappear, since banks are the fundamental pillar that governments have to control their cattle.
Unfortunately, at the moment the best-known products of decentralization are cryptocurrencies and related ecosystems, which today continue to be one more capitalist tool. Cryptocurrencies were and still are treated like company shares or public or private bonds, which can be traded in supposedly free and transparent markets. The same Wall Street tools are used for a concept that is totally opposite. And to top it off, since the amounts that are operated are still relatively small, the so-called whales have a party with the money they earn at the expense of the newbies who enter new projects designed by unscrupulous people who promise Ferraris and yachts.
The thing tries to be disguised with the so-called DAO. I would love to be able to believe in DAOs. But I have reviewed more than thirty White Papers and Tokenomics proposals from projects with different objectives, and I always find the same thing. A DAO, which should be a decentralized governance mechanism in which no one holds any power, always has a hierarchical structure of some sort. There are members who are more members than others. A "DAOcracy" has been formed, driven by new projects of a technology that precisely proposes that there be no hierarchies or any type of "cracies".
Then, seeing that everything remains the same and that the only thing that changes are the names, but the putrefaction seems to be the same, the international organizations take advantage of the situation of a "troubled river" and instruct their lower levels, banks, and Central Banks, to move forward with CBDCs to add more shit to the general confusion. On the one hand, the common people do not understand anything about how distributed systems work and, in their search for economic success, if they approach cryptocurrencies it is to get rich in a week, and, on the other hand, those who do understand the power of technology, instead of harnessing it to create a new paradigm, insist on continuing with the existing paradigm, but under the name of DAO.
So what is the proposal? The CBDCs. (Central Banks Digital Currencies).
CBDCs are the quintessential Orwellian nightmare. All those who operate with CBDC will be locked forever in the government blockchains controlled by corporations, in a way that Orwell himself could not have imagined. They won't even be able to have extramarital sex in secret. His/her whole life will be in the hands of a central controlling, corrupt and manipulative apparatus. Their lives will no longer belong to them because every transaction they make will have to pass through a controller who will have a power that has never been known before. With the CBDC system, the system becomes directly a swarm of corporate lackeys who review the transactions carried out by each individual one by one. Exactly the opposite of what Satoshi Nakamoto proposed.
Can you imagine what the power of blockchain technology means in the hands of politicians?
Fiat currencies and the control of their issuance were invented precisely in order to control people. A central entity says how much to issue and put into circulation. If you want something, you must go beg to that central entity. Unfortunately, DAOs follow the same paradigm, and as long as this does not change and a truly distributed system is thought of in which there is not even the slightest hierarchy, the system will have "changed so that nothing changes".
Some time ago I published a post here on P0x in which I proposed a kind of approach to a distributed anarchic system that managed itself with the so-called PoP or Proof or Planning. The individual, organized in small communities (size is important to eliminate the concept of greed so closely related to the big city), plans his/her work according to his/her profession, in a given period. All the members of the community do the same, and the contribution of each one is exactly what the "mutual" needs in that period. The money is not necessary. Each one makes the contribution of value according to what he/she knows how to do. All goods belong to the "mutual", and each one can obtain what he/she needs and when he/she needs it without paying anything other than his/her contribution to the "mutual".
There is individual property, not private property, and there is no hierarchy. No member of the community can be more than another. They are all equal, which also eliminates the need to have to vote to fill positions since any voting system is an implicit recognition that there are hierarchies and members of the community who are more members of the community than others.
Throughout my life, I have received all kinds of qualifications for this way of thinking, so I lost the ability to be amazed at the reactions I receive when I publish something of this type. So, please, before you tell me that man is competitive by nature, or that some miser is going to appear in the community who wants to accumulate goods, I ask you to think deeply about what money and enrichment by accumulation are for. Furthermore, let us think together about what it means to separate money from the state and propose ways of approaching anarchy that is not the same hierarchical structures that govern us today, but now with a funny name like DAO.
Conclusion.
I listen to ideas, not please the eternal “anarchy cannot exist” or “man is competitive by nature”. Implicit in this type of argument is the idea that the State is absolutely necessary, that is why it is mandatory to collect taxes. Both neo-liberalism and socialism are based on the paradigm of the State and both desperately need it as a platform for the acts of corruption that will inevitably take place during a government of either side. Both ideologies consider that, if they leave us free and without hierarchies, humans are going to exterminate each other with sticks as in prehistory. That is the reason why they "protect" us with a State.
I haven't watched television or read newspapers for more than 20 years. Instead, my wife watches television, and watches series on Netflix, despite the fact that I constantly tell her that everything Netflix shows has the function of corporately instructing the world's middle classes. She recently showed me a series in which the Danish prime minister ended up giving in to corporate pressure to exploit Greenland's oil, knowing what an ecological disaster this meant.
The message is very clear, IMO, and it could be summed up more or less like this “listen everyone if a supposedly transparent official from one of the least corrupt countries on the planet can't beat the corporations, then you simple slaves from countries with less range, don't even try. The resources of the whole world belong to corporations. Resistance is useless." No more no less. Corporate power is limitless, and that's how Netflix broadcasts it.
Is it unlimited?
If the DAOs work with the same hierarchical scheme, you will have to believe that they do, and you will be paid in CBDC, and the world will be a single office, as Lenin wanted.
Thank you for reading! Decentralize yourselves as much as you can, and much more! Work for yourselves, not for others. When you work for someone else, they pay you what YOUR POSITION is worth, when you work for yourself, they pay you what YOU are worth. No one achieves financial independence by working as an employee. Live long and prosper!
As usual, none of the things written in this post are financial advice and are not intended to replace personal research. My sole intention in writing this post is informative. Several of the things discussed here could be wrong, so in no way can this post be construed as financial advice, and in no way should it replace your own research.
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