CC PD Source: WikiMedia Commons and Brookings Institution 2008 Summit of Financial Markets and the World Economy, National Building Museum Wash. D.C.

Executive Summary: The Who, What, Where, Why, When, & How of Total Bitcoin Control

What to expect in the stories published here.

Davido Davido
What Government Will Do With Bitcoin
6 min readMay 10, 2021

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I’m a fan of Bitcoin, a believer in the principles underlying Bitcoin, and a buyer of Bitcoin. Bitcoin is open, honest, permissionless, awe-inspiring money. Yet, the evidence is overwhelming that Government can and will seize control of Bitcoin -almost certainly before this decade ends.

This Medium ‘Publication’ contains a series of articles describing the Who, What, Where, Why, When, and How -of total Bitcoin control.

· Who An Extremely Wealthy Oligarchy with an Exceptional Need for Control

· What — The Oligarchy will control Bitcoin

· WhereGlobally

· When Before Bitcoin exceeds the market cap of Gold, and during a global financial crisis, likely circa 2026.

· WhyTo ensure their control of people by eliminating Bitcoin as a competing monetary system.

· HowGovernment will control the Bitcoin mining network through regulation.

For decades a small group of extremely wealthy persons has used the financial power of their Transnational Corporations to direct the policies of governments globally. Bitcoin changes the way money works.

Until you change the way money works, you change nothing.” Michael C. Ruppert speaking of the Aaron Russo movie,From Freedom to Fascism(March 14, 2006)

The ruling oligarchy will not allow Bitcoin, a monetary system that they cannot control, to replace the fiat monetary monopoly of the governments that they do control.

“Great nations are simply the operating fronts of behind-the-scenes, vastly ambitious individuals who had become so effectively powerful because of their ability to remain invisible while operating behind the national scenery.” Buckminster Fuller, American Architect, Author, and Inventor, in his book ‘Critical Path’ (1981)

The Government Can Control Bitcoin

There should be no question whether the government can control bitcoin. Medium writer Joe Kelly, “How to Kill Bitcoin (Part 3) No Can Defend” and multiple others have described the methods by which government can fully control Bitcoin. The U.S. Government’s Defense Advanced Research Projects Agency has, for years, used University computer science departments to research how to control Bitcoin.

The government will control Bitcoin mining, -the computers used to verify (confirm) Bitcoin transactions. As described by Joe Kelly, seizing control of Bitcoin’s mining network is readily doable for a major government. The government has studied Bitcoin. The government has installed tracking software on your devices (including devices used to transact Bitcoin). Government has human agents in the hubs of the Bitcoin network.

“As far as I can tell, there is nothing bigger and more powerful than the United States military in 2021” Johnny Harris, Author, in Video; ‘The US Military is EVERYWHERE(2–24–2021)

“Nobody’s ever defended anything successfully, there is only attack and attack and attack some more.” George S. Patton, General, U.S. Army WWII, Patton and Rommel: Men of war in the twentieth century (2005)

The Government will Control Bitcoin

The real question is not, ‘Can the government control Bitcoin?’ But will the Government control bitcoin? And when will it do so? It should surprise no one that an honest monetary system, like Bitcoin, is a significant threat to a dishonest system of government (intergenerational criminals controlling politicians, military, media, and academia). Today elected representatives are directed by those who wield money, more than they are by the will of the people. A group of very wealthy individuals has consolidated control of most governments of the world. Those who seek to control the world need control of the monetary system. An independent Bitcoin will not be permitted.

A Battle is Coming to Honest Money

“The greatest purveyor of violence on earth is my own government.” Martin Luther King, Jr. Baptist Minister, Civil Rights Leader and 1964 Nobel Prize-Winner for Peace, Sermon regarding U.S. involvement in Vietnam at Riverside Church, New York, (April 4, 1967)

The attributes of Bitcoin are opposite the attributes of today’s ruling pathocracy. Pathocrats control the government and they will use the government to attack a competing monetary system like Bitcoin.

“What the government says it could not foresee, the government has planned for.” (Truth #7 of 12 Truths about Legislation)

When the government moves to control Bitcoin, it will succeed. Not forever, but for multiple years or decades. The Bitcoin blockchain will be completely controlled by the Government.

“We’re an empire now, and when we act, we create our own reality. And while you’re studying that reality — judiciously, as you will — we’ll act again, creating other new realities, which you can study too, and that’s how things will sort out. We’re history’s actors . . . and you, all of you, will be left to just study what we do.” Karl Rove, Senior Advisor and Deputy Chief of Staff to President George W. Bush, as reported by Ron Suskind, Senior National Affairs Writer for WSJ, a story in NY Times Magazine, (Oct. 17, 2004)

The morality of persons who direct the policy of empires has been recognized for thousands of years.

“Plunderers of the world, when nothing remains on the lands to which they have laid waste by wanton thievery, they search out across the seas. The wealth of another region excites their greed; and if it is weak, their lust for power as well. Nothing from the rising to the setting of the sun is enough for them. Among all others only they are compelled to attack the poor as well as the rich. Plunder, rape, and slaughter they falsely call empire; and where they make a desert, they call it peace.” Publius Cornelius Tacitus, Roman Orator, Historian, and Provincial Governor of Asia (Proconsul), in his book ‘Agricola’ (Roman General), re. speech of Northern Scotland Chieftain, Calgacus (AD 98)

This series of articles will deduce the intent, the method, and the timing of total control of Bitcoin, from the documents and public statements of those who administer policy for the ruling Pathocracy. [1].

Those who want freedom, monetary or otherwise, will need to fight for it.

“Those who do nothing are inviting shame, as well as violence, those who act boldly, are recognizing right, as well as reality.” President John F. Kennedy, Civil Rights Address, (June 6, 1963)

Liberty Means Responsibility

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“Those who expect to reap the blessings of freedom must, like men, undergo the fatigue of supporting it.” Thomas Paine: The American Crisis, №4, (1777)

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“Liberty means responsibility. That is why most men dread it.” George Bernard Shaw, Maxims for Revolutions, (1903)

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Conclusion

Be wary of betting your future on the version of Bitcoin we have today. Bitcoin mining will be attacked. The hash rate (computational power) of Bitcoin is too centralized.

“Just because you do not take an interest in politics doesn’t mean politics won’t take an interest in you.” Attributed in modern times to Pericles, Greek statesman and Athenian General (495–429 BC)

The independent, decentralized, honest benefits of Bitcoin will be steadily eliminated. Yet all will not be lost, the idea of Bitcoin will persevere. Like the human spirit, a version of Bitcoin will rise again -new and better. If good triumphs over evil, then an honest monetary system, like Bitcoin, eventually prevails.

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Additional pages covering, ‘The Who, What, Where, When, Why and How of Total Bitcoin Control’ will be published over the months ahead.

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Davido Davido
What Government Will Do With Bitcoin

Voluntarist, Agorist, not Pacifist. Don’t Tread on Anyone. Rely on Hard Assets, Hard Principles, and Hard People