Coins, tokens and shitcoins

Now that we have set the stage for the new series of streams: KingHONKspiritSEE - From clownworld to freakshow: Incometax = slavery - Free Roger Ver! it's time to align our concepts. Many people have a different understanding of crypto. I'm not here to tell you what is right or wrong, instead I'm going to explain you my understanding of the concept and give you my definitions. If you feel like your values align with mine, please consider participating in the upcoming streams, because the power of a crowd is the only power we have today.

10 Years ago I was debanked because of my involvement in crypto. I told myself never to own a bankaccount again in my life and so far I managed to pull it off. I've worked with a variety of different form of currency and money and yes, I ofcourse also still use debt currency in cash form. I don't have the intention of living isolated, my goal is to show society around me a different solution is available.

 I all fairness, it hasn't always been easy. Society is highly corrupted by over a century of central banks and fractional reserve banking and most people have too much to lose to just make the switch to something new. Bitcoin is only 15 years old today and for me that means all of crypto is still an experiment that could fail at any moment. For that reason, if people ask me what is the best start, I always tell them to buy some precious metals like gold or silver as a start. The town near the Liberland Opposition Headquarters does not have a single business that accepts any form of crypto, but with gold and silver you got around 6 jewelers that each pay you a fair price, based on the spotmarket value of that moment. None of them require you to show any form of documentation like a passport, which I think is an important aspect of this particular blogpost. 

When I bought my first Bitcoins for just under 10$ on MtGox, I had to register myself to open an account with the company. After that registration I was free to withdraw my bitcoins to any address I wanted to. After the company went bankrupt in 2014 I basically stopped buying bitcoin under my name. Today I don't have any registered account on my name. It has cost me a lot, I lost well over 500 bitcoins on various exchanges that just disappeared overnight, cryptsy.com being the biggest one of them all. Today, I just use the Komodo Platform for my trades, this is a platform that allows for p2p transactions in-between blockchains. You are not required to trust any 3rd party and with use of this platform I funded the acquisition of the Liberland Opposition Headquarters with use of the Dutch Bitcoin, eGulden EFL.

Blockchain technology gives humanity a huge opportunity to free themselves from the ever expanding debt cycle, but also forms one of the biggest threats to our collective freedom. Since 2017 traditional finance got involved in the crypto economy and they have successfully changed the narrative of crypto from "freedom money" to "digital gold." I welcome you to read the book "Hijacking Bitcoin" for a more detailed explanation. Most people who are active in crypto today are not interested in building an alternative economy that doesn't require the use of violence and exclusion for it to function. Instead of abandoning the double standard of monetary apartheid people just want to make sure they are on the "good" side of that double standard so they can profit from it for their personal gain. This is the main reason why I have started this new series of streams. I believe the story of Liberlander Yoshi Livo and communitycoins has all it takes to change the narrative back to a more hopeful outlook for all who want humanity to experience a bit more freedom. The time to act is running out, I predict within 24 months regulations for stablecoin and the introduction of a digital ID will make any attempt obsolete. Once all the on and off ramps of debt based currencies are completely locked down it will become significantly harder to build an alternative value system. 

So let's set the record straight and mention some definitions I use. First of, coins. Coins are crypto protocols that host their own blockchain. Examples are Bitcoin, Litecoin, Ethereum or eGulden EFL. Each protocol stand on its own and can have different technologies and emission schemes.