Federal Reserve Bank, Washington D.C., Photo by Katie Moum on Unsplash

Who Will Control Bitcoin? -Summary

Global Government Will Control Bitcoin

Davido Davido
What Government Will Do With Bitcoin
8 min readMay 21, 2021

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Last edited January 26, 2023

The government will control Bitcoin and will do so globally. Multiple policies that affect us are already global (International Monetary Policies [IMF, BIS, World Bank, WEF], Global Carbon Limits, Global Health Care Rules). Governments are controlled by those who control the flow of money. Governmental policies are directed by the owners of the world’s largest transnational banking corporations. Despite the inspiring principles written into our Constitutions, we the people have lost control of our Governments.

“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.” Olive Cushing Dwinell, in her book The Story of Our Money, describing the monetary theory of Thomas Jefferson. (1946), pp. 71–72.

Understanding the coming Governmental actions toward Bitcoin requires insight into the government itself.

“Those who want honest money must first create an honest government.” Davido of Olympia, Medium.com 2021

Oligarchy, Plutocracy, Corporatocracy, Pathocracy

Oligarchy, Plutocracy, Corporatocracy, or Pathocracy. It is possible to have any of these forms of government. Today we have all of them. The fate of Bitcoin will be determined not by the benefits it can provide, but by the character of a small group of people (Oligarchy), who possess extreme wealth (Plutocracy), share a common pathology (Pathocracy), and control political policies globally through the influence and monetary power of their transnational corporations (Corporatocracy).

An oligarchy is a governing structure in which power rests with a small group of people.

A more specific type of Oligarchy is Plutocracy. A plutocracy is a form of government controlled by people of great wealth.

The Plutocracies of today direct the policies of nations by skillfully wielding the wealth and influence of their Transnational Corporations. Western governments have been subverted into Corporatocracies. Corporatocracy is an economic and political system controlled by corporate interests.

The small group of extremely wealthy individuals who control the world’s most powerful Trans-National Corporations (Banks) share traits that are usually described as personality disorders. They share a Pathology marked by an exceptional desire for control, a disregard for morality, a lack of empathy or remorse, and a lack of acceptance of responsibility. Among their prevailing character traits are lying, exploitation, heedlessness, arrogance, cunning manipulation, and delusions of grandeur. These traits define psychopathy [1]. A society in which the positions of ultimate power are held by persons with a personality disorder is called a Pathocracy.

The pathology of this wealthy group leads them to believe they should rule others because they are among the few willing to do what is necessary to control their fellow man. They are willing to commit bribery, extortion, murder, and mass murder. They are willing to destroy the world, and they are certain to destroy an open, honest, independent monetary system like Bitcoin.

Real Power Is Unelected

It does not matter which side of the political spectrum is elected. The small group of ultra-wealthy use the financial power and influence of their corporations to control both political parties and to preselect the people’s legislators. These preselected ‘representatives’, are funded to serve the interests of the Pathocracy which paid for their election. Our governments have become totalitarian systems turned against their own people, with national policies determined by a few wealthy groups from behind the scenes[2].

“Real power is unelected. Politicians change, but the power structure does not. The Network (a global Anglophile financial elite power structure) operates behind the scenes, for its own benefit, without ever consulting those who are affected by its decisions. The Network is composed of individuals who prefer anonymity. They are “satisfied to possess the reality rather than the appearance of power.” This approach of secretly exercising power is common throughout history because it protects the conspirators from the consequences of their actions.” … “A primary tactic for directing public opinion and “government” policy is to place willing servants in leadership positions of trusted institutions (media, universities, government, foundations, etc.). If there is ever a major backlash against a given policy, the servant can be replaced. This leaves both the institution and the individuals who actually direct its power unharmed.” Joseph Plummer, in his book, ‘Tragedy and Hope 101: The Illusion of Justice, Freedom, and Democracy’ (2014)

Money Controls Government

The prime focus of pathocrats is controlling others.

“There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.” John Maynard Keynes, British Lord (father of Keynesian Economics) in his book ‘The Economic Consequences of the Peace(1920)

“… I sincerely believe with you, that banking establishments are more dangerous than standing armies; & that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson, 3rd President of the United States, Letter to John Taylor (May 28, 1816)

“… never was there a measure offered to the Congress so vast and far reaching. … It makes the House of Representatives and the Senate, … the absolute dictator of the financial and business affairs of this country.” James A. Garfield, 20th President of the United States Commenting on a resolution offered by James Weaver promoting a National Bank (Forerunner to the Federal Reserve Bank). Spoken on the floor of the U.S. House of Representatives (5 April 1880), published in Financial Catechism and History of the Financial Legislation of the United States from 1862–1896 (1882) by S. M. Brice, p. 223 (Cong. Record, 10:2140)

There is no question in the world that money has control.” Barry Goldwater, U.S. Senator and 1964 GOP Presidential nominee, just before retiring from the Senate in (1986)

Pathocrats will use the government to control Bitcoin because control of money is a primary historical tool for controlling people.

Bitcoin Obsoletes All Other Money

Bitcoin changes the way money works. If Bitcoin continues its growth trajectory, it will out-compete national currencies within one generation. Global adoption of Bitcoin would remove the largest portion of the government’s spending power. A Bitcoin-dominated monetary system inhibits the Government’s ability to create money.

Graph by prayerabolic, Creative Commons 0

Historically, the hardest to inflate money is chosen by the public over softer inflatable currencies. Popular preference for hard money threatens the government’s power to spend. Since Bitcoin is the hardest money in existence, the government will move to control Bitcoin before public preference for Bitcoin becomes the norm.

Graphic by Parker Lewis, in Bitcoin Obsoletes All Other Money at Unchained Capital CC0

Conclusion: Bitcoin Will Be Controlled

Those who hold the notion that it is not possible for the government to control Bitcoin are misinformed. The U.S. government can control or destroy the current version of Bitcoin.

Honest money thwarts the overarching need of pathocrats to control their fellow man. Control of the global monetary system is necessary to ensure global control of people. It is not reasonable to expect that individuals known for their lack of empathy, will allow a free and honest Bitcoin monetary system to outcompete their own plan for tightly controlled digital currencies. And it is foolish to blindly assert that Bitcoin can not be stopped.

Those who bet their future on steady progress for Bitcoin will soon meet the enemy of honest money. While the idea of Bitcoin may indeed be unstoppable, -decentralized, hard-capped, open source, and honest, there will first be a ferocious struggle. Expect multiple battles and terrible losses before a Bitcoin-like currency prevails. Decades may pass before the global use of honest money is realized.

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Footnotes:

[1] Psychopath“a person having an egocentric and antisocial personality marked by a lack of remorse for one’s actions, an absence of empathy for others, and often criminal tendencies”

Among the clearest pieces of evidence that psychopaths control the U.S. government is the intentional mass murders that occurred on Sept. 11, 2001. On that day, the complete and nearly instantaneous demolitions of three World Trade Center (WTC) towers 1, 2, & 7 were accomplished and covered up by those who control the highest levers of power in the U.S. Thousands of professional Architects and Engineers attest that it was physically impossible for 2 commercial airliners to completely destroy all 3 WTC towers) https://www.ae911truth.org/

The mass murders at the WTC were then followed by even larger mass murders via military invasion of multiple countries which had nothing to do with the WTC Attacks (Afghanistan, Iraq, Syria, Libya, Yemen, Sudan, Somalia).

“A country that has dangled the sword of nuclear holocaust over the world for half a century and claims that someone else invented terrorism is a country out of touch with reality.” John K. Stoner, co-founder of Every Church A Peace Church, 2001

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[2]National Policies are Directed from Behind the Scenes. Levers of global control are held by global organizations; United Nations, World Bank, Central Banks, International Monetary Fund, Bank for International Settlements, Royal Institute for International Affairs, World Trade Organization, Council on Foreign Relations, Trilateral Commission, Bilderberger Group, World Economic Forum.

“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)

Globalism What We’re Told vs. Reality -CCO New Google Memes by Me.Me

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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