The government is here to help
hive-125568·@meno·
12.282 HBDThe government is here to help
 # A Caveat to Set the Table I’ll kick things off with a confession: my take on crypto has evolved over the years. Dig deep enough, and you might find old posts of mine that clash with the man I am today. But here I am, feeling obligated to set the record straight, and this blog’s the place to do it. I’ll be honest—I didn’t get crypto at first. Not the philosophy behind it, not the necessity for it, not the deep ideas that must’ve driven Nakamoto to birth it. All I cared about was making money, escaping debt. Hardly original, I know, but real. My crypto journey started with a plan: convert every coin to dollars one day, dodge the wild risks of this magical internet money, and cozy up to the safety of fiat. That plan? It went up in smoke. Now I see the world through different eyes. Why would I want fiat? Why crawl back to the broken system that chained me down, that threatened my freedom? Why would a free man miss his shackles? I thought we all got this. I thought this was the heartbeat of the crypto crowd. Hell, I learned it from them. So, I’ve gotta ask: ## What are we doing right now? I see folks who once dreamed of opting out, of rebelling against an oppressive system, now cheering because the government’s finally here, ready to “help.” A quote from Ronald Reagan pops into my head, and it sets the tone for what I’m trying to say: *“The nine most terrifying words in the English language are ‘I’m from the government, and I’m here to help.’”* Maybe I’m sounding the alarm too loud, but I don’t see a trace of the ideology we used to share. The same anti-system rebels who spit in the face of control are now waiting for politicians—of all people—to swoop in and save them. “What could go wrong?” they’d say. My honest reply? Everything. We might be witnessing a quiet coup, one that’s bound to spark a backlash we won’t like one bit. # The Pendulum Society’s got this habit of swinging too far one way, then snapping back hard. Extreme ideas breed extreme reactions. In this back-and-forth, this pendulum, everything worth building gets torn down. It’s tough to create anything meaningful when chaos is the only tune playing. I’m not saying the crypto world was perfect before, but it’s veering off course. Crime, for all intents and purposes, is practically legal now. Some folks think this bull cycle’s busted because of government-endorsed memecoins. But they’re missing the bigger picture—what those coins will unleash down the road. When the pendulum swings back—when the government, the same one that claimed to love Bitcoin and embrace the innovators, the outside-the-box thinkers, the influencers, and yeah, even the scammers—does a 180, what then? # The End of an Era Before you keep reading, I’ll level with you: I don’t know exactly how this plays out. Nobody does. But I think it’s naive not to consider where this could go, given what’s unfolding. Picture this: the government adopts a stablecoin—let’s say Tether becomes the token. If that happens, they’ve effectively killed Bitcoin. Yeah, it’s that extreme. Let me paint the picture. In my crypto-apocalypse, the government would have everyone registered to use crypto. Every sale, every purchase, logged in a database tied to your name for them to snoop through. We’d live in a world of legal and illegal wallets. Only authorized on/off ramps would be allowed, and peer-to-peer transactions? Straight-up illegal. This government, claiming it’s just restoring order, would strip away our right to self-determination and privacy. They’d own the printers, so to speak. They could manipulate Bitcoin however they wanted—minting more stablecoins whenever they felt like it, no backing required, because they’re the government, and they don’t need silly things like accountability. Through market manipulation and seized assets, they’d become the biggest whale, the top BTC holder in the world. And then, to put it bluntly: Bitcoin would be castrated. The saddest part? People would cheer. They’d call this castration “legitimization” and crack open beers to toast their shiny new shackles. <center> </center> So no, I’m not thrilled the government “is here to help.” And I don’t think anyone else should be either. MenO --- # Special shoutout to Starkerz I do want to give @starkerz credit for this late night rant. I think my conversation with him truly solidified these thoughts enough to be written down.
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