Bitcoinians, ethereans, cardano bros, ripples, stonkies, maybe 4chan, reddit as well as twitterers, IRC geeks and democrats, Republicans and independents, jpeg flippers and supercoders, the young middle class in short and the upper middle class may well flood Washington in what might be this generation’s first attempt to tackle politics heads on.
“I think it’s about time we get a rally going in Washington DC. I’m going to make some phone calls. More on this later,” says Charles Hoskinson, the now billionaire founder of Cardano which hopes to soon launch smart contracts.
Those smart contract developers are soon to be held responsible for publishing open source code following an astonishing pantomime in the Senate that reveals to this generation democracy is not functioning.
“We could have a crypto President sooner than you think,” Ryan Selkis, a former Silicon Valley VC, says.
In a nod, Jack Dorsey, the founder of Twitter and Square said “Bitcoin will unite a deeply divided country. (and eventually: world).”
One can imagine two scenarios. A handful of young men and maybe some women trying their best in a failure of cryptonians to show up for protest to defend the constitution, or…
A carnival of sorts with miniature SpaceX rockets and fashionable dress where these jpeg flippers and supercoders present themselves as lambos decorate pavements as well as prototypes of flying cars (Lilium air taxis) with Elon Musk and Ashton Kutcher, Jack Dorsey and Busta Rhymes, leading the pack in a display of who is cool in what may well become not just an historic moment, but this generation’s Woodstock.
Fix our democracy would be the purpose. Term limits the number one demand, something that may well bring out the students. YeetYellen to fire up the financial internet. She was behind this, she put up the competing amendment to buy time, she fiercely lobbied throughout, and she is corrupt to the bone.
As it happens the WSB crowd found out her corrupt nature when she refused to recluse from advising the president on the GME matter despite receiving almost one million dollars from short selling Citadel in ‘speaking fees.’ They’ll be there.
Getting her to resign would be more ‘just’ a clear statement that in this country there is still accountability. Getting term limits in Congress would also in some ways be more fighting for our jobs at a basic level for they hoarding these well paying seats, some for as long as half a century, shutting the door on the new generation while they tell us tales of 1957.
It can be selfish, fighting for our own interests, but it is also right because term limits ensure you don’t become half a century deep in corruption at the top in the equivalence of a prince.
An effective licensing requirement to publish open source code on blockchain networks was revealed just about two days before a vote on a 2,700 pages document about infrastructure on Thursday.
Two days later, the majority leader of the Senate Chuck Schumer denies any votes on amendments on Saturday. To have a vote now requires the consent of all 100 senators. Kyrsten Sinema objects to voting on amendments on Sunday while the Senate votes to move forward to a final vote on Tuesday.
For any amendment to pass on Monday, all 100 Senators must agree. On crypto, an amendment is agreed, backed by Yellen, that exempts the bare minimum from the definition of a broker, just miners, validators, and wallet developers, crossing any party divides or any disagreements on the matter.
Richard Shelby nonetheless objects, not because of anything to do with the amendment but because he will only agree if $50 billion is added in military spending, a request designed to court objection with Bernie Sanders saying he objects.
Ted Cruz proposes to strike down the crypto section completely. Shelby objects, again he wants $50 billion. The pantomime is thus over, or has it just began?
Quickly evidence came that Shelby was not so much a military guy as a bankster’s senator. Citadel again comes up as shown above, as well as numerous banks, that have donated to his campaign with his biggest ‘donor’ in every election being a bank.
And he has won many ‘elections,’ ruling as Senator since 1986. That’s before many were even born, and before the internet existed, or even mobile phones, let alone crypto.
The best punch in the stomach for democracy and anyone that cares about it is that this guy can’t even be held accountable because a few months ago he announced he won’t run for another term as he is 87 years old, born in 1934.
He was elected as a Democrat in 1986 and stayed so until he decided to ‘switch’ and become a Republican in 1994, ruling without opposition since in Alabama.
That shows the trap of the two parties which this space has generally escaped as it is independent with the criticism and the anger directed more towards substance, rather than red or blue.
Hence cryptonians are cheering on both Ted Cruz and Ron Wyden, two people ostensibly on the opposite side of the spectrum but where cryptos are concerned, stand on the same page.
They do so because we are dealing with a constitutional matter, something that goes far beyond party politics to concern the very right to publish code, code that the Supreme Court has stated is speech.
This space thus is faced with in some ways a terrible moment as we see first hand just how uninformed our laws are and why – corruption – but on the other hand it is also a great opportunity as sooner or later we’ll have to address the fact technology alone can not quite solve what are in substance political problems – half a century rulers.
As such, why later rather than now. The moment is right to air all our grievances. For three years we’ve been shouting at the SEC after one of their officials said “we won’t innovate for you.” Now that a lot of this corruption has become clear, we know who they innovate for. Not the people of the United States it is clear, but their paymasters at Citi, Goldman Sachs or Citadel.
Plenty hoped Congress would do something, and yet we see that the United States does not have a Congress of the people, but of corrupt princelings.
So perhaps it is time the tech scene has its say in politics, with coders that can not attend also able to participate online, which some joked about when the official Senate feed went down.
And yes some say it won’t change anything, which is what plenty expect. Hence the carnival, the fun, the lambos, the celebs, a nice day out while also doing something, and something is better than nothing as at the very least, more people will learn about crypto.
But slavery was abolished, women can vote, and so why shouldn’t we also be able to win our right to freely code and to abolish discriminatory investment prohibitions?
Our requests are not radical. It is probable 100% of the American people agree that there should be term limits. Why can we not enforce such consensus? Because Congress is too boring to watch and see just how much it works against our rights?
Well we saw it for once, and we are sufficiently repulsed to demand it never happens again by requiring the enactment of the will of the people.
Failure is to be expected, but success is not out of bounds. These centennials had their say. Time the American people have theirs for once in more than 15 years and perhaps for a protest like this, maybe since the 60s because there will be clear demands.
There won’t be any of that no demands and no leaders nonsense like in 2009. The leaders where the protest is concerned can be many: Musk, Dorsey, Hoskinson, Armstrong, maybe even some of the Senators or Representatives, and whoever wants.
The demands are simple: no liability for coders, let alone validators. Then term limits and Yellen Resign; and we’d also like the abolishment of the discriminatory investment prohibitions with that reformed either to prohibit all from investing in unregistered securities or to prohibit none, rather than prohibiting only the middle class while allowing the rich.
But the chief demand is obviously the right to freely publish open source code, something we could have won in the Senate had it gone to a vote instead of this generation being shown the Senate does not even vote. Princelings object.
That’s a basic breach of all we’ve been told on how democracy works, so maybe it is time we win our rights and get a democracy that works as we have been told.
Because we ended the wars, so this generation can achieve this too. We have the people, unanimous consent, while they have petty money from corruption. Time that changes. Time we rule again.