⏰👀 "If we go to a future where digital cash is the only form of cash that exists, and I think we're heading in that direction very very fast, we have to choose between two possibilities. One is digital cash that's run by corporations that act not only as intermediaries in all of our payments, but also act as deputized members of law enforcement for every government and or intelligence agency. They have enormous power.
That type of finance takes the worst of surveillance capitalism and worst of surveillance states, merges them together in this fascist dystopia where every transaction you ever made tells something about your politics, your associations, physical location. All of this data gets collected and shared among all of the intelligence agencies and corporations, leaked. And on the other hand, if the people in power choose to, they can decide to de-bank you overnight. They turn off the switch.
Imagine what happens if your bank accounts are shut down and cash doesn't exist. They can literally destroy your life in a second."
- @aantonop
#BITCOIN IN SELF-CUSTODY IS THE EXIT
