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<li><a href="/about.html">About</a></li>
<li><a href="/blog.html">Categories</a></li>
<li><a href="https://blog.nihilism.network/donate.html">Donate</a></li>
<li><a href="https://blog.nowhere.moe/donate.html">Donate</a></li>
<li><a href="/contact.html">Contact</a></li>
</ul>
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<h2><b>Centralised Currencies</b></h2>
<p>As we have discussed <a href="../governments/index.html">previously</a>, governments love centralisation, because it allows them to keep control over what the masses can do, because they can directly affect the owner of said centralised service to further their agenda.</p>
<img src="0.png" class="imgRz">
<p>Nowadays, governments love to impose financial sanctions towards the other countries they don't like, by preventing everyone from having any business with said country (<a href="https://iv.datura.network/watch?v=0eHMhTZr9Jw">example: the EU imposing sanctions against russia</a>), one way to achieve that goal is to block transactions at the banking level, since legitimate businesses require to have a bank account. That is of course intentional, as it allows the government to control any business' finances.</p>
<p>Nowadays, governments love to impose financial sanctions towards the other countries they don't like, by preventing everyone from having any business with said country (<a href="https://iv.nowhere.moe/watch?v=0eHMhTZr9Jw">example: the EU imposing sanctions against russia</a>), one way to achieve that goal is to block transactions at the banking level, since legitimate businesses require to have a bank account. That is of course intentional, as it allows the government to control any business' finances.</p>
<p>The banking system has deep roots in any modern country, with very close ties to the governments as it gives them very direct control over their population. As detailed in his book <a href="https://zelinarxy.com/?about=book">"the right to transact" by Zelinar XY</a> he argues that the right to transact is an extension of one's innate right of expression. </p>
<p>For a government to have control over one's expenses, is to have control over one's ability to express himself, it is for a government to have the power to censor any individual they deem to be unfit to be in their society.</p>
<p>And in my opinion, to consider that someone else should be able to decide what YOU do with your money, is madness. <b>You alone should decide what should happen with your money</b> and governments definitely don't want that.</p>
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<h2><b>The Privacy Cryptocurrency, and Decentralised Exchanges</b></h2> </br> </br>
<b>Monero: the Privacy Standard for transactions</b>
<p>Out of that situation emerged privacy coins, with Monero still at the top to this day (<a href="https://iv.datura.network/watch?v=YTTac2XjyFY">also known as the only cryptocurrency that's used</a>) is basically a cryptocurrency just like bitcoin, except that it does everything to obscure every info regarding transactions. Basically, it's a nightmare for financial regulators.</p>
<p>Out of that situation emerged privacy coins, with Monero still at the top to this day (<a href="https://iv.nowhere.moe/watch?v=YTTac2XjyFY">also known as the only cryptocurrency that's used</a>) is basically a cryptocurrency just like bitcoin, except that it does everything to obscure every info regarding transactions. Basically, it's a nightmare for financial regulators.</p>
<img src="1.png" class="imgRz">
<p>To make it short, it obscures the amount transacted, the ip addresses, who recieves the transaction and who sends the transaction, To this day not a single monero transaction has been successfully traced. For more details on Monero, check the infodump <a href="https://moneroinfodump.neocities.org/#MoneroIsUntraceable">here</a>.</p>
<p>Monero's goals differ from what bitcoin has become. It's not to get rich, the goal is to provide transactional privacy, anonymity, and ultimately to be USED as a currency. That is a fundamental difference to the whole bitcoin-fan ecosystem of pump and dump schemes, monero is not meant to be a speculative asset.</p>
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<h4>My Links</h4>
<p>
<a target="_blank" rel="noopener noreferrer" href="http://blog.nihilism.network/rss/feed.xml">RSS Feed</a><br/><a target="_blank" rel="noopener noreferrer" href="https://matrix.to/#/#nihilism:m.datura.network">Matrix Chat</a><br/>
<a target="_blank" rel="noopener noreferrer" href="http://blog.nowhere.moe/rss/feed.xml">RSS Feed</a><br/><a target="_blank" rel="noopener noreferrer" href="https://matrix.to/#/#nihilism:m.nowhere.moe">Matrix Chat</a><br/>
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<h4>About nihilist</h4>
<p style="word-wrap: break-word;"><u>Donate XMR:</u> 8AUYjhQeG3D5aodJDtqG499N5jXXM71gYKD8LgSsFB9BUV1o7muLv3DXHoydRTK4SZaaUBq4EAUqpZHLrX2VZLH71Jrd9k8</p></br><p><u>Contact:</u> nihilist@nihilism.network (<a href="https://nihilism.network/nihilist.pubkey">PGP</a>)</p>
<p style="word-wrap: break-word;"><u>Donate XMR:</u> 8AUYjhQeG3D5aodJDtqG499N5jXXM71gYKD8LgSsFB9BUV1o7muLv3DXHoydRTK4SZaaUBq4EAUqpZHLrX2VZLH71Jrd9k8</p></br><p><u>Contact:</u> nihilist@nowhere.moe (<a href="https://nowhere.moe/nihilist.pubkey">PGP</a>)</p>
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