By Jeff Berwick – Dollar Vigilante –

Dinosaurs will die. And decentralized systems – like bitcoin and 3D printing and even WordPress – are the asteroid which will ensure just this.

I’ve been doing a lot of thinking, and I simply don’t think totalitarianism can withstand the global political awakening we see taking shape before our very eyes.

Things are changing on Planet Earth. I can tell because the dinosaurs are getting desperate.

The United States as whole looks a whole lot to me like the German Democratic Republic (East Germany) did during its existence. My head researcher Justin O’Connell and I were just talking about how the wall fell, and he cleared some things up for me I wasn’t 100% sure about. He will be writing an article on that in the coming week…

Let’s just say, the things he and I talked about, in regards to the German Democratic Republic (GDR), look a whole lot like the US of today. Like the GDR, the US constantly looks bad in the world media. It also looks a bit behind the times…

And it’s politicians make (or try to make) similar totalitarian decrees as the former German Democratic Republic counterparts.

When I read that Senator Joe Manchin (D-W.Va.) called for a ban on bitcoin, I laughed out loud. Obviously, this guy has no idea what he is talking about, and obviously he has deep psychological issues which force him to want to control…things. I can’t wait until he learns that you can print a gun using 3D printing.

He wrote a letter. Or likely an assistant wrote a letter. Maybe it took a few assistants and Manchin to write the letter, since we all know the state of US public education.

Anyway, “he” addressed it to the Treasury, Federal Reserve, and multiple financial regulatory agencies, saying that bitcoin and digital currencies are “disruptive to our economy.” If he had to direct this anywhere, he really should have directed this at Congress, since that is where the power is supposed to lie in Washington, D.C.

Here is most of the text in italics, with my comments in regular font.

Read more…

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