Friday, July 5, 2013

My country 'tis of thee

I have become involved in politics.

That is a problem.  I hate politics and if the system worked I never would have needed to get involved.

But the system is broken.  Congressmen no longer represent constituents... they represent dollars.  And with that- the country is doomed.

Every industry is now slowly moving toward an oligopoly.

The credit card industry:   VISA/Mastercard,   American Express,  Discover.

The wireless industry:   Verizon, AT&T, T-Mobile, Sprint.

The airline industry:  United/Continental, Delta, Southwest, and US/American.

Package delivery:  FedEx, UPS, DHL, USPS

In all these industries the companies follow each other to fix prices and avoid competition.  It is in their interest to keep the number of players low to keep cooperation simple.  Major mergers are common and desired.  Multiple brands are kept to give the public the illusion of choice.  For example, VISA and MasterCard are owned by the same company.  AT&T tried desperately to merge with T-Mobile after successfully merging with Cingular.

These companies have enough money to completely control congressmen and by extension, the law.

I mentioned delivery companies for a very specific reason.  This is one area where a government agency - the US Postal Service - is competing directly with private industry.  This situation exists because the USPS pre-dated any of the private companies.  It also exists because the USPS has not (since the 1980's) accepted any tax dollars (so citizens aren't forced to pay for one service when they prefer to use another.)

There have been numerous attempts by city and local governments to establish free city-wide wireless internet networks to provide free internet to everyone.  In every single case, the project is squashed by wireless companies crying foul and throwing big bags of money at congressmen.   In reality, such a project would be perfectly legal and fair as long as they were not funded with mandatory taxes.  If instead there was a service fee levied against users, or the service was supported by ad revenue, or had some other business model then all would be good. 

But this won't happen because the people no longer have control over their government.  Companies can donate unlimited amounts of money anonymously to representatives, thus buying whatever vote or legislation they want.

A new age is coming.  The digital age.  We have only begun to scratch the surface of what the internet can do.  A new form of currency has been birthed into existence.  A digital currency called bitcoin, which the banks and government do not control.  Bitcoin serves a very specific purpose.  Bitcoin is digital cash.

If I wanted to digitally transfer money to another individual, how would I do that?  I would have to use a service like PayPal, or a commercial bank, which all charge service fees.  I couldn't do it like a cash trade, where there is no fee.

As more and more commerce moves to digital transactions, the commercial institutions processing these digital transactions just keep making more and more money.  The money itself is minted by the federal government, but the government is never going to develop and issue a form of digital cash because the credit card companies pay the government not to.

That's why it's so important for us to use bitcoin as much as possible - if money has taken over control of our government, then we need to take back control of our money!

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