Listen To This Episode:
Simply Bitcoin” hosts Nico and Phil joined the “Bitcoin Magazine Podcast” for a dialogue about censorship and international occasions.
Starting the podcast off with freedom on the forefront, the hosts of “Simply Bitcoin” say, “I think Bitcoin is going to usher in this mental idea that no human being should have the right to censor another human being’s speech. Period. And speech includes your ability to transact with somebody else.”
They go on to posit that Bitcoin could be the Trojan horse for a decentralized internet because communications can go from one person to a server to another person with Bitcoin nodes acting as that server, instead of a centralized hub.
The audio system transfer on to focus on their issues about commodity costs and the way these relate to the rising prices of every thing else. When oil costs rise, the value of delivery items goes up, leading to elevated costs. Wheat is one other commodity that impacts the worldwide meals provide. Food shortage and the following starvation can lead to societal unrest which can result in Orweillian technique of management reacting to actions of hungry residents. Phil and Nico acknowledge that even discussing this risk makes them sound like conspiracy theorists.
Phil and Nico make the daring declare, “In 2003, if social media was around, we would not have invaded Iraq.” Because of the media’s skill to management data in addition to the narrative round it, meant they may act as gatekeepers of knowledge. The web has disintermediated the legacy media and they don’t know the way to management data anymore, so they are counting on censorship.
If Bitcoin can result in a technique of speaking and transacting with anybody across the globe with out counting on a centralized web, then it might create a world with incorruptible freedom of speech.
