Because last night was the night that I opened my phone only to see another completely insane rebrand.
How is this even possible?
Guys, the tipping point is here.
I can feel it.
These are the signs of the times.
Never in my wildest dreams would I have imagined that Facebook would rebrand to a namespace called META. You're calling yourself meta? Wow, that's meta.
But Facebook can't build the metaverse...
And now everyone and their mothers are talking about the metaverse like it actually exists and it's a real revolutionary thing. Spoiler alert: no. We are standing on the peak of absurdity right now.
But at the same time, the clock is ticking, and this rebrand from Square to Block is just a tiny little stepping stone that gives us a clue to what's happening here.
These billionaires are quite unsatisfied with the way things are going. This whole COVID situation has really woken them up reality. It's a reality we've known about for years: Blockchain is the future of humanity. Hands down the end. There is no other option.
Two kinds of billionaires are emerging from these events. Authoritarian billionaires like Bill Gates, George Soros, Mark Zuckerberg, Jeff Bezos, etc etc... and Libertarian billionaires like Peter Thiel, Elon Musk, and apparently Jack Dorsey.
Because if I'm being honest I think Peter Thiel, Elon Musk, and Jack Dorsey are complete toolbags. And there are huge arguments to be made about whether they are libertarian and believe in freedom or not. Because when you're a billionaire you're always under the thumb of the empire, and one must play by the empire's politics at the top end.
So while pretty much all billionaires are complete trash piles, we can still see that they are capable of dynamic change as the paradigm shift unfolds right before our very eyes. I listed Zuckerberg as an authoritarian billionaire, but it is highly likely that the more involved and indebted he becomes with crypto the more he will slide into a libertarian mindset.
All billionaires follow the money. They often do what's going to make them the most of it. For the first time ever, crypto has provided the ultimate gateway that allows for both freedom and maximum profits to occur. The more crypto goes mainstream, the more billionaires are going to flock to it and readapt their entire ethos around a libertarian freedom-based mindset.
Oh, I don't know, only the most publicly libertarian billionaire on the planet. Of course, here at Hive we are honor-bound to hate him because he participated in Steem's hostile takeover, and then proceeded to lie his ass off about the situation and act slowly to rectify what he had done. But at the same time, Steem was very small potatoes and he's a busy man, so I can't fault him for that.
It is often said that it takes a lifetime to build a reputation and only seconds to ruin it. Well what I see from CZ is nothing but stunning libertarianism from his end and the empowerment of community all around the world. Hell, even CUB is built directly on top of BSC. That's the only reason why I'm giving CZ another chance.
Binance may have closed its doors and enforced KYC, but at the same time Mandala exchange is still up and running in the background; a perfect clone of Binance with all the same functionality, liquidity, and security. CZ is running circles around these incompetent regulators, and I think it's pretty hilarious.
And let's not forget all the real libertarian freedom fighters out there; the ones that hide in the shadows and seek to dissemble the empire in complete secrecy. The anonymous nature of the inventor of Bitcoin itself is a legit miracle. How does that happen? Are they a man or woman? Is this the second coming of Jesus Christ? Did aliens give us this technology? Probably aliens.
At this point, it doesn't matter. Bitcoin is alive, and it matters not who the parent of this child is, because this child is already completely self-sufficient and fully resistant to authoritarian BS. Bitcoin got emancipated quickly, and it's a good thing too. Bitcoin is exactly what this world needed during it's darkest hour.
The ultimate Currency War has arrived, and it will not end until every last piece of fiat is totally annihilated. Corporations have realized that they no longer need to lie under the boot of central banking. Crypto is permissionless and for everyone, and therefore corporations will use it as a weapon against the agents that control the very unit-of-account as it pertains to storing value. Central banks are dinosaurs on the verge of complete obsolesce.
Of course crypto is permissionless, so even the central banks are jumping on board with CBDC. It will be interesting to see how long that silly little game lasts, because at the core of crypto is permissionless freedom, which is clearly antithetical to CBDC. This is quite funny to me, because deploying CBDC ruins their entire narrative and narrative is everything when it comes to an authoritarian empire.
Once CBDC becomes mainstream, the cat is out of the bag. This will completely legitimize all cryptocurrencies, no matter what kind of bullshit the central banks and governments are trying to spin. Everyone will know that it is blatantly hypocritical to deploy CBDC while at the same time claiming Bitcoin and other real cryptos have no value. That strategy isn't going to work anymore, and they'll have to get very creative with those mental gymnastics backflips when trying to convince citizens that they need to be ruled and lorded over like peasants. "Bitcoin wastes energy" is likely one they'll latch onto for a while, but even that is an obvious lie. Bitcoin doesn't create pollution: burning coal creates pollution.
This currency war between the corporations and central banks then allows communities themselves to quietly build out real decentralized infrastructure that can't even be regulated in the first place. While the regulators are scrambling around trying to slap CZ and all the other centralized bottlenecks of crypto the real underground movement will continue to gain momentum. The inevitable outcome is more freedom and money for everyone, perhaps even for the central banks themselves, as Bitcoin could easily become the best collateral in the world for printing more debt.
Crypto creates incentives to trade away power in exchange for money. This is why more and more billionaire will flock to it and support the libertarian movement. If paying 'employees' more and giving them freedom makes one rich, who cares if you can't lord over the peons? Just build some robots and have them do the grunt-work instead. Automation is coming.
Oh, I'm sorry, were you worried about number going down? How could anyone be worried about the price at a time like this? How is it even possible to be bearish right now? Facebook changed their name to Meta. Square changed their name to Block. If you can't see the paradigm shift I seriously can't help you. We can lead a horse to water but we can't make it drink.
These rebrands are completely unheard of within the circle of legacy capitalism. If it aint broke, don't fix it. It is mindblowing that these billionaires would take their successful brand name and just be like NAH and throw it out the window like yesterdays garbage, in favor of a name that sounds more like a blockchain technology. That's... I can't even. It's insane.
And yet here we are. This is happening. No one could have EVER guessed that these rebrands would occur, because these things NEVER HAPPEN. When's the last time Microsoft or Apple or Google rebranded? Give it time, Big Tech has yet to capitulate. They will all bow to the God of Crypto sooner or later. It's simply too profitable not to.
When it really comes down to it the paradigm shift is undeniable. Billionaires are starting to realize that they don't have nearly as much freedom as they should have. That's because this entire toxic unsustainable cancerous system enslaves everyone no matter how much money they have. Even Musk and Bezos are trying to launch themselves into space to get away from this bullshit.
Back in the day, imperialism made a lot of sense. How are we going to get anything done without forcing people to do what we want? However, we've reached the peak on that front, and the only way to scale up is to embrace decentralization and distribute power back to the core communities themselves. Billionaires are starting to jump on the train, and that's good news for everyone, including Mother Earth.
