The Internet of Money (vol. 3)

Description

ch. 4 "[Libre Not Libra: Facebook’s Blockchain Project](https://www.youtube.com/watch?v=7S6506vkth4)" discusses Facebook's blockchain Libra, which [*Sel de la Terre* n°111](http://www.dominicainsavrille.fr/le-sel-de-la-terre-n111/) critiqued in "[La Révolution par la monnaie](http://www.dominicainsavrille.fr/?ddownload=9038)"."Chapter 5. [Inside Out: Money as a System of Control](https://www.youtube.com/watch?v=FyK4P7ZdOK8)" (esp. §5.2.2, ¶54.1's "los[ing] access to the lifeblood of trade") reminds me of Pope Pius XI's 1931 encyclical [*Quadragesimo anno*](https://www.vatican.va/content/pius-xi/en/encyclicals/documents/hf_p-xi_enc_19310515_quadragesimo-anno.html) (§105 speaks of a concentration/centralization of wealth, as in a plutocracy):> 106\. This dictatorship is being most forcibly exercised by those who, since they hold the money and completely control it, control credit also and rule the lending of money. Hence they regulate the flow, so to speak, of the life-blood whereby the entire economic system lives, and have so firmly in their grasp the soul, as it were, of economic life that no one can breathe against their will."In 1970, Richard Nixon signed the [Bank Secrecy Act (BSA)](https://mises.org/library/bank-secrecy) and turned money into a system of control."cf. also Chapter 7. [Escaping the Global Banking Cartel](https://www.youtube.com/watch?v=LgI0liAee4s) (which mentions Treasury Secretary [Steven Mnuchin](http://brothernathanaelchannel.com/files/videos/15845843981f114.mp4))ref:61.1: "In our modern world, there is such a thing as a license to launder money: it is called a banking license."* * *While many books explain the 'how' of Bitcoin, The Internet of Money series delves into the 'why' of Bitcoin. Following the world-wide success of Volume One and Volume Two, this third installment contains 12 of his most inspiring and thought-provoking talks over the past two years, including: Universal Access to Basic FinanceMeasuring Success: Price or PrincipleEscaping the Global Banking CartelLibre Not LibraUnstoppable Code: The Difference Between Can't and Won'tAround the world, governments and corporations are increasingly pursuing a reconstruction of money as a system-of-control and surveillance machine. Despite the emergence of an interconnected global society and economy through the decades-long expansion of the internet, the trajectory of these bureaucratic policies foreshadows dire consequences for financial inclusion and independence.Andreas contextualizes the significance of Bitcoin and open blockchains amid these socio-political and economic shifts: What if money could be created without an authority? Are corporate coins the first step towards techno neo-feudalism? Is the real "darknet" run by state intelligence agencies? What if everyone could have a Swiss bank in their pocket? Can we build digital communities resistant to gentrification?In 2013, Andreas M. Antonopoulos started publicly speaking about Bitcoin and quickly became one of the world's most sought-after speakers in the industry. He has delivered dozens of unique TED-style talks in venues ranging from the Henry Ford Museum to booked-out meetups in the Czech Republic and Argentina.In 2014, Antonopoulos authored the groundbreaking book, Mastering Bitcoin (O'Reilly Media), widely considered to be the best technical guide ever written about the technology. On 7 September 2016, Andreas launched his second book, The Internet of Money Volume One, on The Joe Rogan Experience podcast (the interview has since been viewed more than 300,000 times).The Internet of Money offered something that was desperately needed: an explanation of the philosophy, economics, politics, and poetics behind this technology.Make this book part of your collection and see why the internet of money will continue to transform the world and the internet itself