...
As a crypto-enthusiastic, state-detesting "Anarcho-Capitalist," one might not expect to hear criticisms and doubts about Fintech or crypto tokens from me. Indeed, most AnCaps and Voluntaryists are all on board when it comes to encrypted, decentralized networks and markets.
I am too, don't get me wrong. Bitcoin and now especially Steemit, have already revolutionized my life, and that is really no exaggeration. The exchange of ideas, the people I've met, and the financial benefits of being connected to my "niche market," as it were, in the context of a money that is directly transferable (and with no middle man), on a social media platform where writing quality posts and creating content is incentivized, have been and continue to be of inestimable value to my life. The revolution is just beginning!
But what about the potential death of cash, the most private means of transacting there is? What about potential for unprecedented mass state surveillance? If you've read any of the news on proposed new legislation which would require you to declare your crypto holdings at airport security checks, you'll know what I am talking about. Governments worldwide already want a piece of your crypto pie. And they already are talking about a cashless society.
The surveillance and push for a cashless society are only going to get worse as the value of these fintech phenomena continue to rise. So what do you think? Do we ride the wave, holding to libertarian principle and these technologies that have already so greatly improved our lives, or do we shun crypto and attempt to hide from the mass surveillance state that seems so likely to emerge?
None of the above? Something in between?
I hope you will enjoy the video above, and let me know what you think in the comments!
Peace!
~KafkA
Graham Smith is a Voluntaryist activist, creator, and peaceful parent residing in Niigata City, Japan. Graham runs the "Voluntary Japan" online initiative with a presence here on Steem, as well as Facebook and Twitter. (Hit me up so I can stop talking about myself in the third person!)
thanks