Do we have to choose between anonymous currency and child safety?
Sound of Freedom is sounding the alarm of child sex trafficking, but the role of cryptocurrency is yet to become part of the conversation
What you missed…
Sound of Freedom is a new film about child sex trafficking based on a true story of Tim Ballard, who created his own organization to help rescue kids in slavery.
Anti-child Cultural Marxist outlets have decided to downplay and smear the film as Q-Anon fodder and Boomer paranoia, while conservatives are flocking to support it.
Over a hundred countries are preparing digital currencies that will replace cash, but conservatives are trying to prevent this because they don’t want the government controlling their wallet.
I watched Sound of Freedom in theater, and I wholeheartedly support the Operation Underground Railroad mission, Tim Ballard, and the movie itself. TikTok is bursting with support for it; Dana White, the founder of UFC, has announced that he is buying the tickets of any UFC employees who want to see the movie, and is encouraging other company owners to do the same.
I’m very pleased to see that Sound of Freedom getting major attendance from Christians and conservatives, and that the Streisand Effect (of mainstream media smearing it has brought even more attention to its message) is taking place as expected. The theater I watched in was quite full. But now that awareness of child sex trafficking is spiking, I wonder how long it will take for this to translate into regulation of Bitcoin and decentralized cryptocurrencies. Follow my logic.
The price of privacy
According to US Govt Accountability Office, drug and sex marketplaces are using virtual currencies to avoid law enforcement:
Drug and human traffickers use virtual currency and peer-to-peer mobile payments because transactions are somewhat anonymous, making detection more difficult. … 15 of the 27 online commercial sex marketplaces that we examined accepted virtual currencies. … Online marketplaces are also increasingly being used for sex and illegal goods trafficking. These marketplaces are sometimes located on the “dark web,” a hidden part of the internet where users access sites using specialized software (e.g. Tor) to connect to buyers and sellers. The dark web can provide some anonymity and limit the risk of detection by law enforcement.
Central Bank Digital Currencies are not a popular idea, and more people are waking up to the extreme abuses it opens up:
“They could stop you from buying meat. They could stop you from going on holiday. If they think that you’ve flown on too many holidays, they could stop you from flying. There’s all sorts of … it depends on the government agenda at the time. And who knows what they could come up with in the future?”
Which of these scares us more?
Sound of Freedom doesn’t deal with this dilemma. It shows Homeland Security agents camped outside a pedophile’s house, tapping his internet and arresting him when he’s uploading child pornography. But the rise of Bitcoin, Ethereum, and other cryptocurrencies must be a big reason why human trafficking has exploded worldwide in the last 5 years, which means law enforcement is not catching them as fast as they are multiplying and getting away with it.
What do you guys think? Will public outrage about child sex trafficking end up hurting monetary anonymity and financial privacy? Will it speed up CBDC’s and cause governments to use kids as a pretext for destroying our rights?
What is the alternative? How do we keep our privacy while stopping this exploding black market of children? Leave a comment.
Very sharp thought Mr. Wolfe that idea the final objective of this film success is trying to convince us that we need control and survillance from CBDC´s and not to use more free platforms far from the State eye. Some days before I was thinking , that what a coincidence that this film is having success at the exact moment there is a finantial change in the world ( in a month BRICS countries will probably offitially start with digital currency based in gold for example ) .
Even privacy-oriented cryptocurrencies (e.g. Monero and it's derivatives) are able to be regulated without any new laws passed by Congress or any Executive action. The ability for government administrative agencies to spy on a computer user's actions is already in full effect.
All computers running Windows, MacOS, Android, IOS, the Intel Management Engine, or AMD Platform Security Processor (basically all computers) already send telemetry to their respective organizations on regular actions performed on a computer. If any (non-open-source) operating system even attempts to run the Tor browser, that computer and its user are probably put on an intelligence agency's list.
Which basically means, if the alphabet boys wanted to catch all the high-profile child sex traffickers, they already would have. They don't because the culprit is connected to something political that their agency doesn't want to or isn't able to deal with.
The only potential solution to keeping our technological freedom would have to be regulating computer hardware manufacturers and forcing them to release their hardware specification so anybody could write the device driver (the code that operates the hardware in a computer) and also forcing them to remove and prevent any "security" features (like Trusted Platform Module or Secure Boot) that block regular people from implementing the driver or using the software.
The reason we only have like 4 operating systems is because Microsoft and Apple (and even Red Hat) have pushed hardware manufacturers to be more difficult to work with and the technology used to produce computer hardware is heavily patented. (BS intellectual property laws strike again).
(sorry for writing so much!)