AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryRegisterLog in

 

 PERPETUALLY HOWLING DOGS OF THE IRRATIONAL LEFT: Crypto-Colonialists Use the Most Vulnerable People in the World as Guinea Pigs

View previous topic View next topic Go down 
AuthorMessage
CovOps

CovOps

Female Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
Humor : Über Serious

PERPETUALLY HOWLING DOGS OF THE IRRATIONAL LEFT: Crypto-Colonialists Use the Most Vulnerable People in the World as Guinea Pigs Vide
PostSubject: PERPETUALLY HOWLING DOGS OF THE IRRATIONAL LEFT: Crypto-Colonialists Use the Most Vulnerable People in the World as Guinea Pigs   PERPETUALLY HOWLING DOGS OF THE IRRATIONAL LEFT: Crypto-Colonialists Use the Most Vulnerable People in the World as Guinea Pigs Icon_minitimeWed Jun 30, 2021 6:05 am

Blockchain technologies bring surveillance and political pressures, undermine local sovereignty, and create resource allocation controls on recipients.

PERPETUALLY HOWLING DOGS OF THE IRRATIONAL LEFT: Crypto-Colonialists Use the Most Vulnerable People in the World as Guinea Pigs 1624833828407-screen-shot-2021-06-27-at-64334-pm.png?crop=0.9485xw:0.9986xh;0

Vanuatu is an island nation in the Pacific Ocean, with an estimated population of just over 300,000. It’s routinely impacted by extreme ocean weather events like typhoons and hurricanes, a pattern which has attracted support from international charitable aid conglomerates to boost the country’s weak technological infrastructure.

UK non-profit Oxfam, in partnership with an Australian financial app, has developed an eyebrow-raising solution for Vanuatu: a disaster relief payment system that runs on blockchain and cryptocurrency so that when other systems go down, people can still pay for essentials.

“The idea was that as soon as a disaster event happened, they can just switch on this economy,” explained Pete Howson, a senior lecturer at Northumbria University who studies cryptocurrency and blockchain, in an interview. When the situation becomes less dire, the system can be shut down. But it’s not the Vanuatuan people who control the system.

“It’s just someone at Oxfam that decides when the disaster is over,” said Howson. “People lose their economic sovereignty.”

.https://www.vice.com/en/article/wx5zz9/crypto-colonialists-use-the-most-vulnerable-people-in-the-world-as-guinea-pigs

Thumbs down
Back to top Go down
 

PERPETUALLY HOWLING DOGS OF THE IRRATIONAL LEFT: Crypto-Colonialists Use the Most Vulnerable People in the World as Guinea Pigs

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: Human Degeneracy Watch: Enemies Of Rational Values-