In analog democracy, the current form of democracy, banks act as agents of financial surveillance for the state. In algorithmic democracy, technocracy, Big Tech companies act as agents of financial and social surveillance. In technocracy, the scale and cross-cutting nature of data is much greater. Incentive -> Scale -> Control -> Power

Believing that power is self-limiting is like assuming that an algorithm will resign for ethical reasons.

Glory to the martyr of contradiction! You are terrified that a barbarian foreigner dares to look at your secrets, but you kneel and kiss the ring of the Leviathan that has you chained, registered, and watched. Your fear is an insult to freedom: you protect your chains from a thief, only so that the King remains the sole owner of your prison.

You fear the thief in the night. Not the architect of the system.

Freedom exists only where time has not been expropriated and privacy still protects the inner space from which a decision can arise without coercion. **Your time and privacy exist before your freedom.**

Regulators want your freedom so much that they are going to store it in a database so you don't lose it. To think that governments won't use AI, that politicians won't concentrate power while preaching privacy, and that the state won't merge with tech oligarchs to better monitor you requires admirable faith. Childish, but admirable. Tell me something: does Santa Claus come with his own algorithm, or do they outsource it to Silicon Valley?

ICYMI View quoted note →

Blockchains such as Bitcoin are the perfect panopticon for the technocracy that states are implementing. That's why #Monero

Algorithm (Noun): A magic word used by programmers when they don't want to explain what they did, and a universal excuse used by influencers when no one likes their photos. Basically, it's an opinion dressed up as mathematics so that you don't dare to argue with it.

There is no doubt now, the race is on. Bitcoin is seeking to become the largest institutional asset. Are you happy? Would Satoshi be happy?