Crypto Liberate

2022-10-12 00:55:35 www.cryptoliberate.com Open / Comment

2022-09-30 19:06:41 Where data is hosted is critical to true decentralization. On Ethereum, it's centralized in Big Tech clouds.

Bitcoin's network data, for example, is spread out across the globe amongst its full node operators. And anyone with a decent computer and some tech saavy can become a full node operator. This is a testiment to Bitcoin's decentraliztion.

Though Ethereum's proof of stake validators are spread out across the globe too, the data hosted on its network is on Big Tech data farms. This is not how The People take power back from technocratic giants like Amazon, Google and Microsoft.

For us to liberate from technological authoritarianism, which is running rampent in everyone lives, we must support truly decentralized blockchains and call out the blockchains which are falling short of true decentralization.

(3 cloud providers accounting for over two-thirds of Ethereum nodes: Data https://cointelegraph.com/news/3-cloud-providers-accounting-for-over-two-thirds-of-ethereum-nodes-data Open / Comment

2022-09-27 16:33:38 www.cryptoliberate.com Open / Comment

2022-09-21 03:46:50 Open / Comment

2022-08-29 01:19:16 Very exciting news today from QORTAL land! Privacy coin ARRR from Pirate Chain is now supported in the QORTAL trade portal for true decentralized swaps with QORT. This is a big one as it will allow for fully private currency swaps outside of the centralized mainstream crypto-sphere. Catch Jason and Lootz discussing this today on the Pirate Chain Discord server.

https://discord.com/events/512188534111862784/1012027945096859738 Open / Comment

2022-08-21 06:11:25 www.Cryptoliberate.com Open / Comment

2022-08-21 05:39:17 www.Cryptoliberate.com Open / Comment

2022-08-11 17:52:26 Not all cryptos are created equally. Beware of people who conflate terms. Open / Comment

2022-08-11 17:09:15 www.cryptoliberrate.com Open / Comment

2022-06-27 02:59:40 Central banks are hiding the truth about what is driving inflation and how bad it is going to get. They want you to believe that what is happening is a result of government stimulus in response to the pandemic. Total nonsense. Look up quantitative easing. Look up the Fed balance sheet. That 8.9 trillion dollars worth of assets that they purchased to prop up the economy in the years following the 2008 crisis dwarfs the stimulus. Every dollar that sits on central bank balance sheets is money that was created out of thin air and injected into the system. This is what created the inflation we are seeing now. Raising interest rates can't bring it down. That would only work if the inflation was caused by excessive lending, but it wasn't, and they know that it wasn't. The only way to prevent Venezuela style hyperinflation at this point would be to remove 8.9 trillion dollars from the U.S. economy and approximately the same amount from the EU economy. This would obviously have catastrophic consequences and draw attention to their insane monetary experiment, so instead they are playing dumb. They acknowledge that raising interest rates will likely cause a deep recession, but what no one seems to be talking about is what happens to interest payments on government debt as these rates climb. With the U.S. national debt sitting at 30 trillion, the prospect of a full fledged default isn't just likely, it's inevitable. When the U.S. government defaults, the global financial system will grind to a halt (as will international supply chains). Most people can't even imagine the implications.

This cannot be fixed. That's why they cooked up the "Great Reset". Don't let them get away with it.

@StormCloudsGathering
Discussion: @OpenSourceTheNews Open / Comment