Meta Block

avatar


learnblocklinksignaturechainblockchain.png

Last night my mind was blown, yet again.

Because last night was the night that I opened my phone only to see another completely insane rebrand.

BREAKING: Square rebrands to Block as focus shifts to blockchain

WHAT?!

How is this even possible?
Guys, the tipping point is here.
I can feel it.
These are the signs of the times.

tippingpointillustration.jpg

This isn't a thing that happens.

Never in my wildest dreams would I have imagined that Facebook would rebrand to a namespace called META. You're calling yourself meta? Wow, that's meta.

Metaverse metaverse? Metaverse!

But Facebook can't build the metaverse...

And now everyone and their mothers are talking about the metaverse like it actually exists and it's a real revolutionary thing. Spoiler alert: no. We are standing on the peak of absurdity right now.

Here are a few hints as to the actual metaverse:

  • It will be bigger than the Internet is today.
    • Although it will be part of the Internet so... yeah.
  • It will provide jobs with no bosses that pay more than anything the legacy economy could possibly hope to compete with.
  • It will be owned by no one and governed by hundreds of communities.
  • Cryptocurrency will be mainstream and used as the backbone.
  • Fiat will not exist, or if it does exist it will be in extreme decline with an entire legion of outdated dinosaurs screaming that we need to shut off the Internet so they don't go extinct.
    • The New-Age Luddite movement will be strong and have billions pumped into it.
      • The value of 'billions' is yet to be determined.
  • Several industries will be completely gutted by blockchain communities including central banking, the stock market, all intellectual property, the entire medical industry (insurance/doctor/pharma), the entire food industry (Monsanto), the energy sector, and KYC/AML itself will cease to exist.
  • The Balkanization of government and currency itself; ushering city-state governance and private security organizations that collaborate through encrypted channels.
  • The Internet itself will be decentralized and mesh-networks will take over.

Tell me, does this sound like a future that's right around the corner?

But at the same time, the clock is ticking, and this rebrand from Square to Block is just a tiny little stepping stone that gives us a clue to what's happening here.

These billionaires are quite unsatisfied with the way things are going. This whole COVID situation has really woken them up reality. It's a reality we've known about for years: Blockchain is the future of humanity. Hands down the end. There is no other option.

nolanchartassholesdiamond.jpg

The polarization is upon us.

Two kinds of billionaires are emerging from these events. Authoritarian billionaires like Bill Gates, George Soros, Mark Zuckerberg, Jeff Bezos, etc etc... and Libertarian billionaires like Peter Thiel, Elon Musk, and apparently Jack Dorsey.

But the lines are blurred.

Because if I'm being honest I think Peter Thiel, Elon Musk, and Jack Dorsey are complete toolbags. And there are huge arguments to be made about whether they are libertarian and believe in freedom or not. Because when you're a billionaire you're always under the thumb of the empire, and one must play by the empire's politics at the top end.

So while pretty much all billionaires are complete trash piles, we can still see that they are capable of dynamic change as the paradigm shift unfolds right before our very eyes. I listed Zuckerberg as an authoritarian billionaire, but it is highly likely that the more involved and indebted he becomes with crypto the more he will slide into a libertarian mindset.

Follow the money.

All billionaires follow the money. They often do what's going to make them the most of it. For the first time ever, crypto has provided the ultimate gateway that allows for both freedom and maximum profits to occur. The more crypto goes mainstream, the more billionaires are going to flock to it and readapt their entire ethos around a libertarian freedom-based mindset.

CryptoisnotgoingawayCZBinance.jpg

Who is this?

Oh, I don't know, only the most publicly libertarian billionaire on the planet. Of course, here at Hive we are honor-bound to hate him because he participated in Steem's hostile takeover, and then proceeded to lie his ass off about the situation and act slowly to rectify what he had done. But at the same time, Steem was very small potatoes and he's a busy man, so I can't fault him for that.

It is often said that it takes a lifetime to build a reputation and only seconds to ruin it. Well what I see from CZ is nothing but stunning libertarianism from his end and the empowerment of community all around the world. Hell, even CUB is built directly on top of BSC. That's the only reason why I'm giving CZ another chance.

Binance may have closed its doors and enforced KYC, but at the same time Mandala exchange is still up and running in the background; a perfect clone of Binance with all the same functionality, liquidity, and security. CZ is running circles around these incompetent regulators, and I think it's pretty hilarious.

satoshi nakamoto time.jpeg

And let's not forget all the real libertarian freedom fighters out there; the ones that hide in the shadows and seek to dissemble the empire in complete secrecy. The anonymous nature of the inventor of Bitcoin itself is a legit miracle. How does that happen? Are they a man or woman? Is this the second coming of Jesus Christ? Did aliens give us this technology? Probably aliens.

At this point, it doesn't matter. Bitcoin is alive, and it matters not who the parent of this child is, because this child is already completely self-sufficient and fully resistant to authoritarian BS. Bitcoin got emancipated quickly, and it's a good thing too. Bitcoin is exactly what this world needed during it's darkest hour.

currencywarrocket.png

Back to billionaires.

The ultimate Currency War has arrived, and it will not end until every last piece of fiat is totally annihilated. Corporations have realized that they no longer need to lie under the boot of central banking. Crypto is permissionless and for everyone, and therefore corporations will use it as a weapon against the agents that control the very unit-of-account as it pertains to storing value. Central banks are dinosaurs on the verge of complete obsolesce.

Of course crypto is permissionless, so even the central banks are jumping on board with CBDC. It will be interesting to see how long that silly little game lasts, because at the core of crypto is permissionless freedom, which is clearly antithetical to CBDC. This is quite funny to me, because deploying CBDC ruins their entire narrative and narrative is everything when it comes to an authoritarian empire.

Once CBDC becomes mainstream, the cat is out of the bag. This will completely legitimize all cryptocurrencies, no matter what kind of bullshit the central banks and governments are trying to spin. Everyone will know that it is blatantly hypocritical to deploy CBDC while at the same time claiming Bitcoin and other real cryptos have no value. That strategy isn't going to work anymore, and they'll have to get very creative with those mental gymnastics backflips when trying to convince citizens that they need to be ruled and lorded over like peasants. "Bitcoin wastes energy" is likely one they'll latch onto for a while, but even that is an obvious lie. Bitcoin doesn't create pollution: burning coal creates pollution.

This currency war between the corporations and central banks then allows communities themselves to quietly build out real decentralized infrastructure that can't even be regulated in the first place. While the regulators are scrambling around trying to slap CZ and all the other centralized bottlenecks of crypto the real underground movement will continue to gain momentum. The inevitable outcome is more freedom and money for everyone, perhaps even for the central banks themselves, as Bitcoin could easily become the best collateral in the world for printing more debt.

Crypto creates incentives to trade away power in exchange for money. This is why more and more billionaire will flock to it and support the libertarian movement. If paying 'employees' more and giving them freedom makes one rich, who cares if you can't lord over the peons? Just build some robots and have them do the grunt-work instead. Automation is coming.

Conclusion

Oh, I'm sorry, were you worried about number going down? How could anyone be worried about the price at a time like this? How is it even possible to be bearish right now? Facebook changed their name to Meta. Square changed their name to Block. If you can't see the paradigm shift I seriously can't help you. We can lead a horse to water but we can't make it drink.

These rebrands are completely unheard of within the circle of legacy capitalism. If it aint broke, don't fix it. It is mindblowing that these billionaires would take their successful brand name and just be like NAH and throw it out the window like yesterdays garbage, in favor of a name that sounds more like a blockchain technology. That's... I can't even. It's insane.

And yet here we are. This is happening. No one could have EVER guessed that these rebrands would occur, because these things NEVER HAPPEN. When's the last time Microsoft or Apple or Google rebranded? Give it time, Big Tech has yet to capitulate. They will all bow to the God of Crypto sooner or later. It's simply too profitable not to.

When it really comes down to it the paradigm shift is undeniable. Billionaires are starting to realize that they don't have nearly as much freedom as they should have. That's because this entire toxic unsustainable cancerous system enslaves everyone no matter how much money they have. Even Musk and Bezos are trying to launch themselves into space to get away from this bullshit.

Back in the day, imperialism made a lot of sense. How are we going to get anything done without forcing people to do what we want? However, we've reached the peak on that front, and the only way to scale up is to embrace decentralization and distribute power back to the core communities themselves. Billionaires are starting to jump on the train, and that's good news for everyone, including Mother Earth.

Posted Using LeoFinance Beta



0
0
0.000
42 comments
avatar
(Edited)

I was working in early internet technology when the .com bubble started and also ended.

I learned that once a good idea is launched and adopted corporations with formal teams and business experience take over and dominate the new emerging technology and there is no question in my mind that's what will happen again.

It's not the outcome I want, but IT is the outcome I expect.

Posted Using LeoFinance Beta

0
0
0.000
avatar

There are certain technologies that were created by enthusiasts that could have never been build inside a corporate boardroom. Mountain-bikes are a good example of this. Also the entire MOBA gaming genre was created by enthusiasts. Crypto is one of those things that can't be developed in the top-down approach that we are used to. Intellectual property itself is no longer applicable, so it is actually impossible for corporations to lock it down and suck the life out of this movement.

Big Tech is about to become open source. If Google or Facebook was open source, on top of it being impossible to protect their brand and issue cease and desist letters... there's really no way for them to hang on to their IP at this point. It's going to take decades and perhaps entire lifetimes to rebuild an empire after this one crumbles to dust. I can't even fathom what such a future would look like. I assume inter-galactic and perhaps even inter-dimensional.

0
0
0.000
avatar

The decentralized idea isn't new, Linux and Firefox were built on the idea of decentralization called.. Open Source.

It's a once in a decade fad really.

While I hope you are right, I find myself watching everyone follow Elon and Jack.. and I have my doubts.

Time will tell!

Posted Using LeoFinance Beta

0
0
0.000
avatar

The key difference is that Linux had no way to fund its own development.
Open source tech has always relied on altruism and generosity.
Now Open source tech is funded by greed, and that is extremely powerful, however horrifying.

0
0
0.000
avatar

Excellent point!

0
0
0.000
avatar

I think ultimately the traditional corporation will die, and be replaced by DAOs and DACs, which can scale up to millions much easier. The problem I see here is tribalism. We've already seen what Bitcoin has done to the maximalists. These DAOs are going to turn into legit cults, and those cults are going to start doing some super fucked up shit and justifying their bullshit behavior.

That's when other DAOs will have to team up against these toxic cults, and inevitably I can see that leading back to a state of empire where many communities and currencies are bound by the rulership of a "higher authority". Whatever happens, gonna be super fucking weird. I can guarantee that much.

Obviously not gonna be all sunshine and rainbows.

0
0
0.000
avatar
(Edited)

Agree but I think it will not happen so dramatically fast.

Because there are enough players that will fight massive first. I think the FUD we saw from the past will 10x first, new regulations come into place, prices will dump massive,

before the people see, even after this, the strong chains still stay.

It will kill all meme coins, all centralized coins, and so on. And this will open the door.

Square as a payment provider needs to adopt like Paypal. So I don't wonder about that. But it's old institutional money and also authorian. so I don't see it bringing anything into the space.

I expect a lot of companies will follow to extract some money out of it.

0
0
0.000
avatar

Well, thank goodness this isn't the centralized system they were able to influence and dominate.

This time, power is given to the communities that will emerge not corporations

That's the outcome I expect from my end.

Posted Using LeoFinance Beta

0
0
0.000
avatar

The decentralized idea isn't new, Linux and Firefox were built on the idea of decentralization called.. Open Source.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Did something go wrong with the open source? I am not rightly informed, please educate me

Posted Using LeoFinance Beta

0
0
0.000
avatar

paid by google :P

0
0
0.000
avatar

open source and decentralization are not the same

Posted Using LeoFinance Beta

0
0
0.000
avatar

That can be true, but also.. not always.

There were branded versions of Lenux, like RedHat. Much like there is ltc and btc.

A co-worker of mine left and went to Redhat where he was a millionaire on paper for a few minutes after the IPO.

I agree not always the same, but cousins maybe.

Posted Using LeoFinance Beta

0
0
0.000
avatar

sorry my upvote is not worth more, I actually never even heard of Redhat. Learning so much here on Hive !

0
0
0.000
avatar

haha, never worry about the upvote amount!

0
0
0.000
avatar

Metaverse is a parallel decentralized world. It can't be left to only facebook.

0
0
0.000
avatar

This one is a bit all over the place. I love it! I had read about that Square rebrand. I didn't pay too much attention to it. The whole Facebook/META thing has me a bit torn. I feel like they are just squatting. They don't have a clue. This whole thing hasn't even coalesced yet, they just want to have the name tied to it. Anyone run out and pickup meta.nft domain yet?

Posted Using LeoFinance Beta

0
0
0.000
avatar

The world is seemingly all over the place.
Look at all this scrambling going on.
Something big is coming down the pipe.

0
0
0.000
avatar

This is all just the beginning.

Thank you for mentioning that the Metaverse is not here nor is it around the corner. There is too much technologically that needs to be created.

We are decades away.

Posted Using LeoFinance Beta

0
0
0.000
avatar

i can't help but wonder if these big platforms are contributing to their own demise on purpose to usher in the new thing/new tech.

things like youtube removing dislikes, foolbook "scandal"/rebranding. im just waiting for that myspace "accidentally"deleting archives to happen to youtube. there are many things to dislike about youtube, but it is an amazing archive that will never be recreated once its gone

0
0
0.000
avatar

I wouldn't be surprised if the government does try to ban crypto while supporting the CBDC. Just take a look at China since they banned crypto so I wouldn't be surprised if they are hypocrites.

Posted Using LeoFinance Beta

0
0
0.000
avatar

The problem is when you try to define "banning crypto".

The absolute worst thing they can do is sever the connections between the legacy banking sector and centralized exchanges like coinbase and bittrex. While this would temporarily devastate the market, it would also evolve the networks to create workarounds, forever cutting the banking sector out of the picture entirely. It would actually be a blessing in disguise if they tried to ban it (on a long-term scale). This would accelerate decentralization in a way we haven't seen before.

When we look at a network like Hive, we already have ways to earn crypto off the grid and spend it off the grid. Banning crypto would crank up this side of development to 11 and create a real thriving economy outside the bounds of regulators.

0
0
0.000
avatar

forever cutting the banking sector out of the picture entirely.

When this happens, somebody is gonna put OFF the light mannnnn!

We are living really interesting times! I'm enjoying and learning a lot with you guys.

Fuck Pachamama!
HIVE is my new god!

0
0
0.000
avatar

It was a clear move that Jack was seeking that freedom to develop on this honeypot. I see a lot of people here making predictions on how all this will happen, well, there really isn't a need to worry about how prices dance to this, or how the drama unfolds, the truth remains that the developments are on going, call it a pathway to righteousness your lordship :)

0
0
0.000
avatar

Crypto creates incentives to trade away power in exchange for money.

I can't help but see how this still means trading power for power, because on systems running a DPOS mechanism, those positions translate to influence, so it's more like acquiring power from a network of possibilities...

0
0
0.000
avatar

This sentiment ignores the competition involved with opt-in governance structures. When DPOS politicians have to compete for votes, and those votes come from accounts that have to compete for tokens, number go up and everyone wins.

Also, with hundreds of DPOS networks in play, if one becomes corrupt people can leave and reenter another network that hasn't been corrupted. Not to mention the ability to fork the network like Hive did to cut out the corruption. There are a lot of flaws with DPOS but it is superior to republic governance in every possible metric.

0
0
0.000
avatar

I could agree more about CZ.

I am continually impressed by his ability to nimbly think outside the box, innovate and profit.

I am amazed that more isn't written about CZ and Binance as a force to be reckoned with in the cryptoverse and as one of the richest crypto influencers alive.

I still use Binance, and I was pretty bummed when they closed their bridge, until I realized my account was a bridge. And transactions there are cheaper than the Bridge. I must confess that everything on BInance seems to work. I have read people having horrific times with customer service there, but so far I haven't interacted with them, so I have an open mind.

The billionaire stuff is pretty interesting. I learned in the corporate world that the higher you go, the more powerful people think you are, but the less powerful you actually are, because you become beholden to the real rich people in this world and greatly constrained in the use of your power.

I agree that the real power never steps into the limelight, and when they do, they are an embarrassment o the real powerful rich and can get quickly whacked or suicided...

Your political pyramid was a great piece of work. We all start out think of politicians as ours or theirs, not realizing they don't belong to any of the common folk, only the rich.

Life's a bitch and then you die, so focus on having some fun and don't spend all your life working for a gold watch and certificate. Neither is worth a life of servitude.

Posted Using LeoFinance Beta

0
0
0.000
avatar
(Edited)

When they come with the argument that Bitcoin wastes energy I always think about how much energy costs to print paper and mint coins. It's very clear that the costs have to be in fact much higher in the latter option.

0
0
0.000
avatar

Am not surprised Big take is starting to make moves, trying to seize the narrative early. As you rightly stated, the real underground work being led by small (near invisible) individuals and corporations who are building the so called metaverse one chip at a time

0
0
0.000
avatar

really needed this message today after seeing all the regulations coming to the EU in 2022+ I never realized that they had us by the balls all this time already and now they want to completely control the transactions of all cryptos (say what?!)

This is about reclaiming our autonomy now and sticking it to the regulators. They might control all of the fiat and our bank accounts soon, but crypto is by its very nature unregulateable. The question is, how will we be able to utilize it in the real world? I hope someone has an idea, because we really need a clover one right about now.

0
0
0.000
avatar

What's happening is telling us that the world is changing every day,if time didn't taken,we will forget about Fiat money.

Posted Using LeoFinance Beta

0
0
0.000
avatar

It does feel like these big companies are making a sudden shift towards blockchain. Both Facebook and Square in such a short matter of time is crazy. I can't help but think it will take years for people to think of Facebook as anything other than "Facebook," like I still think almost everybody around me would be confused if I asked them what they think about "Meta"

0
0
0.000
avatar

Same thing can be said about the "crypto.com" center.
Everyone is like "it will forever be the Staples Center"
turns out forever isn't actually that long.
give it 5 years.

0
0
0.000
avatar
(Edited)

I hear you and feel the tipping point . thank you for your inspiring words nailing the zeitgeist to the wall for us all to read .

Posted Using LeoFinance Beta

0
0
0.000
avatar

We're going in the completely fucking wrong direction by going to the metaverse.

Ready Player One should be all the normies need to know about to avoid the metaverse like the fucking coof.

Totalitarianism is the future and you and I are going to be franchished into one thing or another.

Read, "Snow Crash" if you haven't already.

Posted Using LeoFinance Beta

0
0
0.000
avatar

This is so and it is happening faster than we think. It seems somewhat distant but nevertheless the signs indicate that the update times are already here. Very good post, thanks for such an exquisite reading.

0
0
0.000
avatar

What a great post !
And the best GEMs in it are those few links to your old posts in December 2017

Posted using LeoFinance Mobile

0
0
0.000
avatar
(Edited)

Ah yeah!

Best part is that I promoted the xmas 2017 post for $60 (AKA 6 SBD) and only got $1 in return.
lol

That was before I knew you could just buy votes straight up and that promoting them was always a waste of money. oops.

0
0
0.000
avatar

Congratulations @edicted! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You got more than 22000 replies.
Your next target is to reach 22500 replies.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Feedback from the December 1st Hive Power Up Day
Hive Power Up Month Challenge - Winners List
0
0
0.000
avatar

Because if I'm being honest I think Peter Thiel, Elon Musk, and Jack Dorsey are complete toolbags.

Ha ha! I think Thiel has a few interesting ideas. Musk and Dorsey are just egotists.

0
0
0.000