TROM

2021-06-20 13:04:11

The New Church of Crypto-Economy

Another UN article. This time about Bitcoin and Blockchain. https://news.un.org/en/story/2021/06/1094362

They say:

"each Mastercard transaction is estimated to use just 0.0006 kWh (kilowatt hours), whilst every Bitcoin transaction consumes 980 kWh, enough to power an average Canadian home for more than three weeks, according to some commentators."

Which is insane. But then they also say:

"Despite these issues, UN experts believe that cryptocurrencies and the technology that powers them (blockchain) can play an important role in sustainable development, and actually improving our stewardship of the environment."

Blockchain is a completely different thing. It is like coupling the Internet with Paypal. Blockchain is a very useful technology (and quite old) - as we explain it in detail in our book, here tromsite.com/books/#flipbook-d… . Unfortunately Blockchain, which is simply a more secure and transparent way to keep track of "transactions" or "interactions", is used to invent currencies. Instead it could be used to keep track of medical records, biodiversity, or the nights you could not sleep because you were too aroused, since pretty much anything is more relevant than using it to create a currency. So the Internet is a great invention. Paypal....not really, unless you compare it with traditional banking, in which case yes Paypal is slightly better (easier to use, faster, etc.). Same way Bitcoin or other similar cryptocurrencies, are slightly better than say Paypal-like entities, or banks.

But that's like saying hanging yourself is better than jumping from a 20 story building, because you can hang yourself at home, you feel less pain because the rope cuts the blood supply to your brain and you pass out very quickly, and you argue it is more safe because jumping from such a tall building you can land on someone else's head and kill them. To which I agree, hanging seems better. But that's the only difference between Bitcoin (handing), and jumping from a 20 story building (banks). But you are still dead... In the end both are currencies and both lead to massive corruption, inequality, lies, and the continuation of the game of trade that consumes us and the planet. And soon the rest of the solar system. Same shit.

The UN continues:

"One of the most useful aspects of cryptocurrencies, as far as the UN is concerned, is transparency.

Because the technology is resistant to tampering and fraud, it can provide a trusted and transparent record of transactions. This is particularly important in regions with weak institutions and high levels of corruption."

We showcase in detail in the same book, how any such technology can and will be tampered with, and it would not prevent fraud at all. This is a myth we keep on vocalizing: better security = better security. Not true! Better security simply equals different methods to bypass that security. As long as we play this game of trade, humans will be incentivized to break such security measures if that results in some advantages in the game of trade, for them.

Cryptocurrencies are the new-age religion:

In all, people who think that Bitcoin or any other cryptocurrency is better than money, are the followers and the bishops of the new church of economy. We are witnessing the split of Christianity into the Catholic church, the Orthodox one, and so forth. each believing that their interpretation of religion is the right one:

That's what's happening with these cryptocurrencies today.

At the end of the day both are religions. People believe in them without every questioning what is religion or what is a currency. Who invented these notions and what purpose do they serve...

#tromimg

TROM

2021-06-18 15:43:28

Businesses do not care about people. Period. They care about profits. Period.

This is another UN report: "Milestone moment for UN principles on business and human rights, but abuses persist " - https://news.un.org/en/story/2021/06/1094172

They say:

"The 10th anniversary of the UN Guiding Principles on Business and Human Rights represents a milestone, they added, and an opportunity for countries and corporations to gear up for a new decade of action. "

Basically they are telling corporations and governments to "please please treat your workers fairly...". And after 10 years the conclusion is:

"However, workers and communities, including indigenous people, continue to suffer business-related abuses, which are occurring across all sectors and in all regions.

Prospects for protection or remedy are few, according to the UN experts, and activists who speak out are met with stigmatization, threats and deadly attacks. "

Yeah...well...is anyone surprised?

Let me tell you, UN, why things are not working and never will. Ready?

We live in a world-wide trade-based society that transforms each and every one of us into merchants and consumers. How can we not be like that when we can't even live without doing this? No one takes care of us. You are born into this world and forced to play the game. And thus, our minds are focused to play the game all the time. And so, the nature of the game makes us want more and more and more, at any cost. Regardless of the rules.

It is that simple!

What do you expect, UN? For the players of the game of trade to care about their competitors and other humans? They cannot afford that. This will be a loss for them. If exploiting people will bring you more profits, you will do that regardless if you call yourself a communist, socialist, christian, muslim or whatever.

UN may have good intentions, and their reports are telling. But if UN doesn't understand this simple fact, then nothing will ever change. They keep on looking through each-others' butts, and all they see is narrow holes full of crap.

It is time to widen their view, and recognize that the "economy" is the biggest religion in the world, with billions believing in it. Stop trying to save the economy. Save the people from becoming slaves, dead, or profiteers. How about we talk about the human behavior for a bit!? To understand what makes these "corporate leaders" or "government leaders" or the rest of us, be so awful...

How about we take care of humans and make sure they have access to their basic needs (at least) as trade-free, so that they have time to think about today's problems, be relaxed, refuse enslaving jobs, consume less, and so forth!?

It is astonishing that UN (United Nations) seems to be so blind despite the fact that they have a lot of resources to look at these issues. #tromimg