Categories: Bitcoin Latest News

Bitcoin Is The Trojan Horse For A Decentralized Internet

The hosts of “Simply Bitcoin” discuss how the censorship-resistant nature of Bitcoin can lead to a disintermediated internet where free speech reigns.

Watch This Episode On YouTube

Listen To This Episode:

AppleSpotifyGoogleLibsynOvercast

Simply Bitcoin” hosts Nico and Phil joined the “Bitcoin Magazine Podcast” for a discussion about censorship and global events.

Starting the podcast off with freedom at 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 speakers move on to discuss their concerns about commodity prices and how those relate to the rising costs of everything else. When oil prices rise, the price of shipping goods goes up, resulting in increased prices. Wheat is another commodity that impacts the global food supply. Food scarcity and the ensuing hunger can lead to societal unrest which may bring about Orweillian means of control reacting to actions of hungry citizens. Phil and Nico recognize that even discussing this possibility makes them sound like conspiracy theorists.

Phil and Nico make the bold claim, “In 2003, if social media was around, we would not have invaded Iraq.” Because of the media’s ability to control information as well as the narrative around it, meant they could act as gatekeepers of information. The internet has disintermediated the legacy media and they don’t know how to control information anymore, so they are relying on censorship.

If Bitcoin can bring about a means of communicating and transacting with anyone around the globe without relying on a centralized internet, then it may create a world with incorruptible freedom of speech.

Read More

The hosts of “Simply Bitcoin” discuss how the censorship-resistant nature of Bitcoin can lead to a disintermediated internet where free speech reigns.

The hosts of “Simply Bitcoin” discuss how the censorship-resistant nature of Bitcoin can lead to a disintermediated internet where free speech reigns.

Watch This Episode On YouTube

Listen To This Episode:

AppleSpotifyGoogleLibsynOvercast

Simply Bitcoin” hosts Nico and Phil joined the “Bitcoin Magazine Podcast” for a discussion about censorship and global events.

Starting the podcast off with freedom at 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 speakers move on to discuss their concerns about commodity prices and how those relate to the rising costs of everything else. When oil prices rise, the price of shipping goods goes up, resulting in increased prices. Wheat is another commodity that impacts the global food supply. Food scarcity and the ensuing hunger can lead to societal unrest which may bring about Orweillian means of control reacting to actions of hungry citizens. Phil and Nico recognize that even discussing this possibility makes them sound like conspiracy theorists.

Phil and Nico make the bold claim, “In 2003, if social media was around, we would not have invaded Iraq.” Because of the media’s ability to control information as well as the narrative around it, meant they could act as gatekeepers of information. The internet has disintermediated the legacy media and they don’t know how to control information anymore, so they are relying on censorship.

If Bitcoin can bring about a means of communicating and transacting with anyone around the globe without relying on a centralized internet, then it may create a world with incorruptible freedom of speech.

Feedzy

Recent Posts

Bitcoin Price Could Peak In 200 Days, Before US Recession In Mid-2025, Report Says

The current Bitcoin (BTC) rally could extend until mid-2025, with a potential price peak before…

2 hours ago

Bitcoin Price Steadies at $90K: Is Another Rally in Sight?

Bitcoin price extended gains above $90,000. BTC is now consolidating gains near $90,000 and might…

2 hours ago

Bitcoin Expected To Hit $100,000 Before 2025, According To Kalshi Data

Bitcoin (BTC) has hit new highs in recent days, with many users of crypto betting…

3 hours ago

The Protocol: Reinvent Ethererum, and Just Don’t Break Bitcoin

In founding editor Bradley Keoun's last issue of The Protocol, CoinDesk's weekly newsletter devoted to…

9 hours ago

Bitcoin Consolidates After Recent Surge – Metrics Reveal Moderate Selling Pressure

Bitcoin has reached a new all-time high of $90,243 following a week of relentless upward…

10 hours ago

The Truth About Bitcoin Price Models: Stock-to-Flow, Power Law, and Beyond

Predicting Bitcoin's price has always been a hot topic for investors. Matt Crosby, lead market…

10 hours ago