Bitcoin is Not Democratic

Bitcoin is not Socialist. It is not Democratic. It is a system of voluntary, entirely non violent, free association.

There is yet another article on a mainstream media news site about Bitcoin.

There are many misconceptions about what Bitcoin is. That’s not at all surprising. Some of these misunderstandings are quite natural; Bitcoin is something radically new and different, and so coming to terms with what it is can be a daunting task for the computer illiterate that does not know what money is. That combination, computer illiteracy and economic ignorance, are the toxic cocktail that makes it impossible to understand Bitcoin.

Some of the misconceptions however, have nothing to do with misunderstanding monetary theory. They are simply wrong, as it is wrong to say, “liquid water is dry”.

Bitcoin is not democratic. Let me say it in big letters…

There is no universe where Bitcoin is democratic.

There. I said it in a way that is unambiguous. Bitcoin is not democratic. It has never been democratic. It will never be democratic.

It is important to understand this, so that you can know exactly what you are dealing with when you use and think about Bitcoin.

IMAGE “ASCII Bernanke” Bitcoin’s creator knows what money is and what needs to be done about the inherent problems associated with fiat currency; destroy the Federal Reserve irrevocably and return the control of money production to individuals acting in concert voluntarily. This the only way the problem of inflation is going to be solved. That is what Bitcoin does. The portrait on the right is embedded in the Bitcoin Blockchain as a tribute to Federal Reserve Chairman Ben Bernanke, who destroyed the Federal Reserve Dollar in a Keynesian frenzy of money printing, defrauding millions of people.

Bitcoin, by design, is not democratic. No matter how many times you try and assert that it is, it is not, and it never will be. And it is also not socialist.

Removing all of the fascinating, revolutionary technical details, the core of Bitcoin is that it is voluntary and the transactions and ledger entries made with it are mediated by a computer programme. You choose, as a free human being, to download the required software, use Bitcoin and be bound by the nework’s fixed rules.

There is no voting involved, no coercion, no obligation, social or otherwise to use it. You are not even required to donate your CPU and bandwidth to the Bitcoin network in exchange for using it. When you use Bitcoin, you volunteer to use it. It is as simple as that.

Lest you have any un-clarity about this, making a choice in and of it self is not “democratic”. More on that below, but to understand why Bitcoin is not democratic, we need to understand what democracy is. I do not need to explain why Bitcoin is not socialist, because I have already done that.

What is “democracy”?

Democracy is a coercive political system where people in a geographic area are “enfranchised”. This means that they all have a “vote”, allocated one man per vote, that they can cast in “elections” where the winner of the most votes wins, and then takes “office”. No matter what the winner thinks or his plans are, he gets extraordinary, unrestrained extra-judicial, extra-ethical powers over the “electorate” and near total immunity from the law.

That is all that democracy is.

I shall leave out that once in power, these people steal, murder, lie, corrupt and poison to their black heart’s content, with almost absolute certainty that they will get away with whatever evil they do, no matter what the scale. In fact, the bigger the scale of their crimes, the less likely they are to face any justice of any kind, and the more likely they are to be rewarded.

Now back to Bitcoin. At no point in the Bitcoin process do you have a vote over any aspect of how Bitcoin works, who owns what Bitcoin, how they are distributed, transferred, their value, or anything whatsoever to do with how it works. If you do not like it, you are free to decline to use it.

The fact that you can choose one good over another does not mean you are participating in democracy or acting “democratic”. You cannot say that, “Ice Cream is democratic”, because you can choose whatever flavour you like in Baskin Robbins or Carvel. Or choose Baskin Robbins over Carvel. You cannot say that choosing a Volkswagen over a Ford Fiesta is, “a democratic choice”. Democracy means only the hermetically sealed one man one vote political system. That is it. That is all.

Because millions of people have been brainwashed in government schools to believe that the system of government that educated them is the best, they have been encouraged to misuse the word “democracy” as a synonym for everything good or anything that is beneficial. I have even heard people saying, “that’s very democratic of you” when someone does another person a good turn. This is how distorted the meaning of the word “democracy” has become.

Bitcoin is a beneficial technology, so quite naturally, these uneducated people will use the word democracy in association with it, despite it having no relation of any kind, way shape or form to democracy. Thinking about it, it is rather good that these people think Bitcoin is democratic. If they understood its true nature, they would rail against its mass adoption, as they have been trained to do against any threat to the violent system that has them in a hypnotic spell.

And these people are very well trained. And totally hypnotized. It should come as no surprise then, that Bitcoin, the software that is going to be of benefit to billions of people on the Earth, is being called “democratic”; sorry to shatter your mesmeric delusions democracy lovers, Bitcoin is not democratic, and using it has nothing to do with majority rule, force, voting or anything that touches democracy in any way. Bitcoin is without your taint, or stink.

Back to the crazy article, which goes on to say

“So how is this a democratic tool? For the first time in history we have the ability to guarantee that each individual has a voice, and that voice is not impersonated. We can guarantee one vote per person and we can guarantee that it is that person casting the vote.”

This nonsense stems from the fallacious idea that consumers spending money is somehow a “vote”. It is not. It is an economic choice, that does not impose any rule over others, has nothing to do with achieving a majority, etc. Note also how the author misuses the word “voice”. This is the only way that the democracy booster can make an argument; by distorting English till words lose all their meaning. People spending money do not “have a voice” (or as they say in the UK, “have their say”) they have a choice. Even if they are using fraudulent central bank printed paper money, their voice is irrelevant at the moment of choice and exchange.

Even if you were to re-purpose “the Blockchain” to act as a voter registration and voting system (ironically it would then truly become a chain; a Chain of Fools that holds people as slaves to disgusting mob rule). This would not make Bitcoin the money transport system democratic, it would simply be another creative use of the Block Chain software, this time for an antisocial and completely evil purpose; enforcing the hold, coercion and violence of democracy.

Think about the horror of that for a moment.
The miners would become de facto gaolers.
Stealing Bitcoin would mean that the political system
could be bought — literally — for Bitcoin.
The idea is as nauseating as it is wrong.

All of this absurd posturing and conflating of Bitcoin with democracy (or socialism) however, is now nothing more than faintly amusing noise.

The people who love democracy are going to find out first hand what democracy really means and what it did to them, by virtue of its abrupt absence and the contrast of life before and after democracy. Bitcoin is going to de-fund the State by absorbing all the fiat currency in the world, so that eventually the the deluded slaves of democracy can vote all day and all night without the votes cast having any effect whatsoever. The Libertarian society, protected and powered by Bitcoin will not allow the violent, deluded and sick devotees of democracy to wage war, steal money, or interfere with voluntary contracts and exchange.

Bitcoin is not democratic; it is voluntarist. No matter what you say or believe, the nature of Bitcoin does not change. You can call it a fruit cake, a leprechaun, cotton candy, a joke, Koosalagoopagoop or anything that you fancy. As it is with the ocean, if you dive into it, you will get wet. What you want does not come into it. If it is your desire to stay dry, don't jump in, but you cannot expect to stay dry and go swimming at the same time. Calling Bitcoin democratic when it is not is utterly absurd, and frankly insulting. The world has had quite enough of it, and its virus like variants, thank you.

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Finally, Bitcoin doesn't care what you think. It doesn't care about anything. What you think doesn't matter; that is the ultimate power of Bitcoin. Bitcoin is like a force of nature. You must conform to ethical standards of behaviour in the Bitcoin mediated world, or starve, since the option of violence is taken off of the table. The implications of all of this will only become clear once it is too late for the democracy lovers to stop it, who will be left scratching their heads wondering what happened, why democracy died, and crucially, why everything has not fallen apart…

But is now infinitely better.

Bitcoin is not democratic. And that is a good thing.

Double espresso, two Madelines

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