From Decentralized Trustless Money to Decentralized Trustless Government


A lot of Bitcoin new sites try to cover only what they see as the core business of cryptocurrencies. There’s a lot to be said for that kind of reporting as there is real movement in the space the deserves the undivided attention of people who are trying to drive the development and adoption of Bitcoin forward.

At the same time, it’s important to remember that Bitcoin is not something that was created in a vacuum and nor will it succeed in a vacuum. In fact, it is my fervent belief that Bitcoin is an underdog currency that was only born out of the abuses of politicians and Wall Street’s Masters of the Universe. It will only succeed because those abuses become so apparent and so heinous that even those too reluctant to change their bank or switch credit cards when there are far cheaper and better options finally are confronts with that fact and have to make a choice.

Whatever one may find on the pages of Reddit, the need for Bitcoin is not limited the world of finance. First, the Internet came and allowed for free access to information and communication. Then Bitcoin comes to free the ability of people to once more hold and control their money without the need of banks and free of government schemes to steal value from the people through inflation – which allows them to pay less in the future for what they are borrowing now. After Bitcoin, there will be other ways to decentralize and disintermediate.

In the future, I can foresee the creation of decentralized companies that will work for the betterment of mankind – ones where a ruthless profit motive will not be the prime directive. I can see decentralized, trustless government where the people decide what kind of government they want and how they want it to act, and then it programmatically follows through based on math, not human foible and ambition. We will see no more of the partisan fear-mongering that freezes our government and no more of the mission creep that causes institutions meant to protect and provide for us become our jailers.

It’s unclear to me what form these institutions will take, how they will be created, or how they will be implemented. �What is clear to me is that the creating of the Internet set the decentralization revolution into motion and that eventually we are going to find ourselves reinvested with basic rights and freedoms that we can barely remember now, or which have never really been the right of the common people.

What got me started on this particular screed was a statement by the Attorney General of Ohio about Planned Parenthood, an organization that just weeks ago was the victim of a senseless shooting spree at the hands of a domestic terrorist whipped into a murderous frenzied by the highly hate-filled partisan rants of politicians who need to placate wealthy donors on the one hand and keep constituents too afraid of bogey men on the other to really ask what is really going on in their country.

This AG, Mike DeWine, is part of a state administration that has done its best to get rid of the right of women to legal abortions for their own partisan or religious reasons. DeWine is now stating that Planned Parenthood is ‘throwing out’ baby parts.

There is no indication that Planned Parenthood is acting illegally, and seems to be acting in the same manner as hospitals, a fact that DeWine brushed off as not relevant.

If Planned Parenthood was contravening reasonable laws, there would be good reason to go after them. Even DeWine is not saying they are. Rather, he is simply going out of his way to characterize them as ‘throwing out’ baby parts – a statement as dangerous in our current social and political environment to yelling ‘fire’ In a crowded theater.

As the belligerent and nearly fact-free Donald Trump continues to rise in the polls, it needs to be pointed out that facts matter, words do in fact hurt, and politicians, our leaders, have a responsibility to at the very least do no harm. Something that few enough of them recognize.

I, for one, look forward to decentralized, trustless government.