Is this how it ends? With the top just kinda being like meh and then slowly winding down? Tell me, has it ever happened like that before, ever, during bull run FOMO? I think not.
The sharks got their wish and successfully baited bears into lowering the price. Bitcoin bears get fleeced again... pretty hilarious. Coinbase volume still sits on a solid 30k per day, which when you take into account USD volume at these high prices is insane.
I maintain that the top of this volcano is not going to erupt until $50k. That's a huge mental barrier unit-bias level. Half way to $100k. This bull run will NOT end with a whimper: guaranteed. Interpret that as you will, as there are many ways to.
This is like everyone on the Internet now, because we kicked all those mean ass Nazis off all the social media sites. As a left-wing radical, a big part of me is super satisfied about what's going on right now, and I have the echo-chamber around me to validate those feelings.
But taking a step back and actually looking at the obvious precedence being set is very alarming. An entire mindset is being forged in half the population that validates "Ends justify the means" mindset. This is an emergency, so radical steps must be taken to protect the public for the "Greater Good".
So while I'm not necessarily too upset that liberals are being given a ton of power right now... I really have to look into the future as to where this is going.
The elite will flip the script on the liberals whenever it suits them. This is the main problem. That means the precedence being set today will be used to attack the entire population tomorrow.
The biggest issue I have is Amazons AWS servers throwing the ban-hammer at Parlor. You know who else uses AWS servers? Hive and a ton of other cryptos. This could get very ugly.
Honestly I think Bitcoin (and probably even Ethereum) are safe at this point due to the institutional adoption, but once that adoption comes the same institutions and Big Tech companies that centralized the Internet will be looking to do the same to crypto.
That means delisting the "competition" on centralized exchanges. Attacking Bitcoin forks with SHA-256 mining farms. Banning "competing"/"illegal" networks from using AWS servers and any other servers "they" control.
It is amazing to watch people that I have known FOR YEARS just change their mind about core values in an instant. Remember when liberals used to be all about supporting small businesses? Not anymore! This is an emergency! We have to shut all the small businesses down for public safety! Like... are you guys fucking kidding me? You're serious? They're serious! Jesus Christ, pick a lane.
The hypocrisy really knows no bounds. Splinter-cells of the radial left wing popping up to "fight Fascism" but now those very same people agree that we should impose harsh restrictions, travel bans, denied access to essential services, all because the person doesn't have an "immunity passport"? Holy god, are you people listening to the bullshit spewing out of your mouths or what?
And I said as much multiple times. Trump is the most hated president of all time, but this is just one side of a polarized coin. The more someone is hated, the more they are loved, and vice versa. This is especially true in politics or just fame in general.
Trump was never going to win. He may have lost fair and square. There may of been cheating: it doesn't matter. He was never going to win, ever, not in a million years. And now Dems have the House, Senate, and presidency. What an amazing coincidence that could have never been predicted. Oh wait, except I did when this all started and was laughed off the stage because lol idiot the Dems could never take the Senate. Try again.
There's a reason why this is happening, and it's a top-down approach. Big Tech is erecting an invisible prison around their servants, and they are going to give power to the group that allows that to happen. Dems raised their hands and said mememememe! And the elite was like, okay then I guess the democrats are gonna win this one. Sorted.
Liberals refuse to believe there could possibly be election fraud. After all, Trump basically fully undermined himself in advance by saying he'd declare fraud literally no matter what. Dumb move.
There couldn't possibly be fraud in this election, amirite? There is no evidence. All the courts have thrown out all the accusations instantly, so therefore there was no fraud. They seem to have forgotten about the 2000 election when we all knew there was fraud and there was even less evidence than today (a lot less). It's amazing how the mind changes when your side wins.
So here the 1984 hypocrisy comes up again: as liberals who previously spouted that the court system was fully corrupt, racist, and completely ineffective are now trusting those same courts to verify the election. Are they serious? They're serious.
It's just a classic case of people being greedy, as always. Winners take the win no matter what and they justify it no matter what. We're being played against each other, as always.
All that we can do is keep building and fighting against centralization, greed, and corruption. We have front-row seats as to what is coming for us, and should be able to maneuver around this climate with relative ease.
Anyone who relies on AWS is under threat. Anyone who relies on the Play/App Store listings for distribution is under threat. That doesn't mean we can't use these things to bootstrap these systems and rocket off the ground, but if we want to make sure we don't crash into the damn mountain, robust redundant systems must be created to right the ship, should it be attacked.
The only way to fix these scaling issues as they pertain to trust in society is to build on decentralized flat architecture controlled by algorithms and ideals rather than people who become corrupted by absolute power. Even the one out of a million people who are immune to corruption and become champions of the people end up quite dead for some reason. Go figure.
And Crypto is the cure, or at least a network that constantly has to battle against the virus for survival. Who will win the war? Centralization or Crypto? I'm guessing crypto. Hive is alive.
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