You are free to listen to an unknown person or a known pseudo-intellectual.
You are free to listen to Satoshi Nakamoto or Yuval Noah Harari.
As a cooperator, choose your fighter. Because you’re one, please choose well!
Harari admits that bitcoin is akin to digital gold but he does not like it because,
“When I look at Bitcoin, I don’t like it because this is a money built on distrust. We don’t trust the banks, the governments, so we don’t want to give them the ability to create as much money as they like, so we create this Bitcoin.”
Damn. This guy is coping hard!
— DΛVID 🟢 (@DavidShares) May 11, 2024
WEF contributor and professor of the department of History at the Hebrew University of Jerusalem, Yuval Noah Harari, has this to say about #Bitcoin and cryptocurrencies:
"When I look at Bitcoin, I don't like it because this is a money built on… pic.twitter.com/WZ9Acr46En
Harari admits that bitcoin is the future, but he likes governments to print more and more money out of thin air—
“I do think that the future belongs to electronic money, but what we have seen over the last centuries is that it’s actually a good idea to give banks and governments the ability to create more and more money, in order to build more trust within society.”
It’s free to be this stupid. Just remember that stupidity has its costs.
What happened in 2008 and why did this Satoshi Nakamoto invent bitcoin?
Harari knows, but he might as well do hara-kiri if he admits so.
Satoshi said,
“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.”
And in the first page of the original bitcoin whitepaper, which you can download below, it states,
“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.”
The doodle-screenshots above are from “My First Bitcoin and the Legend of Satoshi Nakamoto” beautifully done by Cash App. Cash App is a digital financial platform developed by Square, Inc., founded by Jack Dorsey. It allows users to transfer money, receive direct deposits, purchase bitcoin, and make payments at various merchants. Launched in 2015, Cash App has 55 million daily active users.
The good news for cooperatives all around the world is that bitcoin and Lightning are open protocols.
Using CoopPay, you can send to and receive bitcoin from Cash App and any other bitcoin or Lightning wallet.
CoopPay is the world’s first Lightning wallet for cooperatives!
CoopPay lets you send/receive money from abroad the cheapest way — Whether to/from the US, Canada, Europe, the Middle East and Africa. See “CoopPay & Strike connect OFWs”
CoopPay is the cheapest way to save a little in bitcoin — Download the Blink wallet and simply send from your CoopPay Lightning Address (e.g. maria@pouch.ph) to your Blink Lightning Address (e.g. maria@blink.sv)
About Lyman Manzanares, Esq.
Founder and CEO, Law.net.ph. Founding and managing partner, Manzanares & Partners Law Offices, est. 2011. A lawyer based in Makati City, Philippines, he is a Lifetime Member of the Integrated Bar of the Philippines, Makati City Chapter, and the Philippine Bar Association. He graduated from the U.P. College of Law in 2004 and has been involved in various legal cases and discussions, particularly in the realm of commercial and cooperative law. He has provided insights into the world of jurisprudence and law through a platform called “A Case A Day,” where he discusses new cases and updates on different areas of interest such as criminal law, civil/family law, commercial law, and technology law.
Learn More
- See Yuval Noah Hariri’s best-selling infantile pseudo-intellectualism
- Read Lyn Alden’s “Broken Money”
- Read Florin Hilbay’s “Bitcoin: An Introduction”
- Visit Lightning Payment Network for Cooperatives
- Visit the bookshop at The Co-operative Exchange
- Support ChatMPC via https://app.pouch.ph/coop
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