The Bitcoin Dollar & Crypto-Colonialism with Mark Goodwin
Unlimited Hangout with Whitney Webb
Whitney Webb
4.9 • 1.2K Ratings
🗓️ 6 June 2023
⏱️ 153 minutes
🧾️ Download transcript
Summary
Whitney is joined by Bitcoin Magazine's Mark Goodwin to discuss how bitcoin is being used by some to dollarize the world and entrench the very same financial power structures, particularly in the developing world, that bitcoin was ostensibly created to challenge. Also discussed are suspect stablecoins and the roles of some in crypto in building out the global digital surveillance panopticon and testing those technologies on vulnerable populations.
Follow Mark Goodwin: @markgoodw_in, Bitcoin Magazine Store, and Articles by Mark Goodwin - Bitcoin Magazine.
Originally published 06/02/23.
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Transcript
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| 0:00.0 | Hey and welcome to Unlimited Hangout. I'm your host Whitney Webb. If you are closely following |
| 0:24.8 | the rollout of the global biometrics surveillance slavery state under the guise of the fourth |
| 0:29.3 | industrial revolution, you may have noticed that many of the powers building and promoting |
| 0:33.6 | this system have a soft spot for digital currency. Many digital currencies will currently |
| 0:39.0 | existing and in the works are being used to build the infrastructure for complete centralized |
| 0:43.5 | control in the eradication of privacy, specifically financial privacy. Hence the war on cash and |
| 0:49.9 | the lesser discussed war on encryption and bid to label privacy-focused cryptocurrencies |
| 0:54.9 | as national security threats and drivers of so-called cybercrime. Many of the most predatory |
| 1:01.3 | pilots of the fourth industrial revolution technologies, which are routinely tested |
| 1:05.5 | on refugees, stateless people, and other incredibly vulnerable populations, involve linking digital |
| 1:11.7 | ID in some sort of digital currency or token. As is to be detailed in Unlimited Hangout's |
| 1:16.7 | next installment of our sustainable development goals series, the UN specifically links |
| 1:21.5 | mandatory digital ID globally to financial inclusion and argues that digital currencies |
| 1:26.4 | are necessary in order for so-called sustainable development to advance. While the pitfalls |
| 1:32.6 | and dangers of digital currencies are more apparent than ever, there is a cultural rift among |
| 1:37.1 | those who at least once upon a time saw certain technologies and developments under this umbrella, |
| 1:42.4 | like blockchain and Bitcoin, as a potential exit ramp from the road towards centralized |
| 1:46.9 | tyranny and control by building a permanently decentralized monetary system. Bitcoin specifically, |
| 1:52.9 | allegedly anyway, was created in response to the 2008 economic crisis and the corrupting |
| 1:57.7 | influence of central banks and the criminal activity of commercial banks. While some |
| 2:02.5 | bitcoins have fought to uphold these values, many powerful actors in the Bitcoin space and the |
| 2:07.6 | broader cryptocurrency sphere are undermining this ethos or building systems that completely |
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