Absolute Power Corrupts Absolutely

Good Morning Everyone,

We’re living in a strange world right now where the censorship appears to be at an all-time high. We have formerly “mainstream” media or perhaps better labelled corporate media that is proving day after day to be untrustworthy and in many places around the world appears to be operating almost as an extension of government at this point. Certainly a significant divergence from the primary purpose and importance of having a free press or free media.

Whether it be regarding the enormous protests in Melbourne that have been running for more than 6 weeks straight with one of the protests it was estimated there were upward of 400,000 people while corporate media downplayed the numbers by many orders of magnitude or simply just completely ignored it altogether.

We have seen absolutely rampant censorship on tech platforms like youtube where channels have been demonetised or received strikes and/or channel suspensions for many reasons including notably criticising COVID responses or mentioning Ivermectin - which not only won a nobel prize in 2015 but also appears to have had a profound impact on the implications of SARS-COV-2 in both India and Japan following both nations adopting it as part of their recommended treatment.

In the US we’ve seen Jack Dorsey step down as CEO of twitter and within days of Jacks exit some very dubious account suspensions including @trackertrial and @NancyTracker.

One shared updates relating to the case of Ghislane Maxwell - perhaps the highest profile case in US history in relation to a child tracking and pedophilia ring involving a who’s who list of psuedo-elites. The account aiming to inform the public as the corporate media were seemingly silent. The second, an account tracking Nancy Pelosi’s portfolio holdings that simply made already public information about the portfolio holdings of a senior US public official easier to find.

What seems clear is that there is an ongoing attack on information and the truth.

Our ability to transmit information is a fundamental human characteristic, and not a right that we are granted or can have taken away. It is as fundamental to being human as it is to breath. The notion that some overarching power structure can suppress us from transmitting information is preposterous, and ultimately over time, I believe it will be the increasing decentralization of technology that will make it not just difficult to attempt, but self destructive for anyone that tries.

These issues are just a symptom however of a larger problem. A core issue is the formation of centralized power structures, with insufficient mechanisms to check and balance the weilding of this power. The other is the incentives structures that exist within each system or entity.

The topic of centralized vs decentralized is all about what we are optimizing for. It is not a simple binary situation where we want everything decentralized or vice versa. There are myriad examples where a centralized system provides better outcomes - where to decentralize the system would simply slow things down and fail to add value.

Money is without question one such instance where it is not just beneficial, but at this point in history it looks to be essential for the technology of money, that is our ability to transmit information to one another, to actually function and provide net positive outcomes for our global society. What we see in the world right now can largely be viewed as higher order effects of a broken and corrupted monetary system, and an accumulation of power within a small number of centralized entities.

As Lord Acton, a British Historian wrote in his letter in 1887

“Power tends to corrupt and absolute power corrupts absolutely”

The transmission of money is the transmission of information. It is an expression. It is a language. It is speech.

The notion that any 3rd party should have any capacity to censor this human expression is in complete opposition to the vision of a free and open human society.

Thankfully Bitcoin solves for this, and is the ultimate and most pristine abstraction of money to date. The silver lining is that the more censorship there is, the more the free market is motivated to solve the problem and offer up solutions, and the more users are motivated to exit platforms that facilitate such behaviour.

It is this very behaviour that ultimately leads to the entities demise and redistributes this power. Absolute power corrupting absolutely. Somewhat poetic.

While i’m optimistic the issues around censorship improve, decentralized solutions couldn’t come soon enough. It’s only a matter of time. Stay optimistic, ignore the noise. Bitcoin is the mission.

Wishing you all the best, and hope you have a great day.

AK

I’m on a mission to get this information to as many people as possible. Please support this work by sharing, liking and following on twitter, youtube and instagram to help wake up as many people as possible and support the adoption of a system that enables humans to flourish! Appreciate you being here! 🧡

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