Bitcoin Ignites The Impulse For Social Justice Movements

Bitcoin Ignites The Impulse For Social Justice Movements
ôîòî ïîêàçàíî ñ : bitcoinmagazine.com

2022-4-28 03:30

Bitcoin’s decentralized public ledger dismantles current oppressive financial tools by providing people a tool of empowerment. Bitcoin leaves no one behind.

In recent years, controversy around critical race theory (CRT) has sparked fierce political debates across America. On the education front, surrounding issues of teaching history, the country has been divided.

CRT is an academic theory that is taught in graduate-level courses. It supports an analysis that posits racism as a systemic part of the country’s legal, political and social institutions. While educators argue that CRT itself is not taught to school children, it has been largely influencing how the younger generation think about race.

Couched under the diversity, equity and inclusion (DEI) programs, this reflective assessment sees “whiteness” as an essential part of the power structure penetrating the fabric of our society. On June 25, 2021, President Joe Biden signed a wide-ranging executive order to promote diversity training for federal hiring. Under the banner of diversity and inclusion, companies are setting up DEI training courses and schools are organizing diversity-steering committees.

The spread of DEI has created a right-wing backlash. From the Republican governor in Tennessee to the Florida senate, lawmakers across many states have passed bills that ban teaching of structural racism in public schools.

As legislative efforts for and against DEI programs fuel a growing cultural war, a call for a ceasefire is emerging on the internet. The invention of Bitcoin provides a peaceful alternative for us to tackle the issues of social justice.

Racial Equity

The goals of the DEI initiatives are allegedly to cultivate awareness of difference, such as race, gender, religion and sexual orientation, and create fairness.

The DEI plan is centered on a concept of equity. Earlier, on Jan. 26, 2021, the President signed executive orders on “Advancing Racial Equity and Support for Underserved Communities Through the Federal Government.” In his speech, Biden explained his administration’s systemic approach:

“I believe this nation and this government need to change their whole approach to racial equal- – equity. We need to open the promise of America to every American. And that means we need to make the issue of racial equity not just an issue for any one department of government; it must be the business of the whole government.” 

Defining the term “equity” as “the consistent and systematic fair, just, and impartial treatment of all individuals,” the White House outlined concrete measures to increase racial justice.

This includes setting up of working groups that would gather data disaggregated by race, ethnicity, gender, disability, income and sexual and gender identity, etc. By identifying and assessing barriers for people of color and other underserved groups, the agencies are directed to develop policies and programs to allocate federal resources and close the gap in wages and housing.

Here, fairness is measured by equal outcomes, such as equal wages and distribution of wealth. In the words of Vice President Kamala Harris, “Equitable treatment means we all end up at the same place.” With a motto of “No person of color left behind,” the administration pushes the equity mandate to achieve justice in the form of creating an equitable economy.

The Value Of Freedom

While some embrace this approach, many are not quite on board with this government’s racial justice agenda. Some opponents of DEI argue that, contrary to their stated objectives, the initiatives would generate “reverse racism,” creating unfairness toward white people.

One critique called CRT underlying such programs a “divisive discriminatory ideology” that places race at a center — instead of viewing each person as an individual. The argument was made that under the “CRT’s victimization ledger,” every white person becomes branded as a racist and all people of color as a victim. Some critics argue that this top-down, systemic approach enforces group identity and destroys the agency of individuals.

Here, we need to critically examine the idea of social justice. When we talk about fairness and equality, what do we really mean by that?

In the words of Thomas Jefferson in the Declaration of Independence, “All men are created equal.” For the Framers of the Constitution such as Jefferson, the idea of equality is deeply intertwined with the ideal of freedom. This freedom is based on a principle of consensus: a moral standard which holds that no one is good enough to govern others without their consent. This tenet was a necessary foundation that could secure (and protect) “certain unalienable rights” that include “Life, Liberty, and the pursuit of Happiness.”

From the outset, this principle of consensus has been egregiously violated within the American constitutional republic. The oligarchic class, which controls the money supply, has created a system of enslavement in order to enrich themselves. Their exclusive economy has denied the rights of the indigenous population, women and people of color as was shown in the dark history of slavery, segregation and redlining against Black and other minority groups.

Consensus Algorithm

The impulse for the social justice movement that was built in this country was deeply rooted in the American people’s aspiration for equal freedom. From women’s suffrage to the civil rights movement, ordinary people fought to realize the ideal of equality in the form of equal rights, but not for an equality of outcome as is now being pushed by the government under a slogan of racial equity.

It was with his commitment to this liberty of each individual that Dr. Martin Luther King Jr. shared his dream of one day living in a nation where his little children will not be judged by the color of their skin but by the content of their character.

Now, as the state’s racial equity policy increasingly threatens civil liberty, Bitcoin offers a new approach to address the issue of justice. The core of the invention is a consensus algorithm known as proof-of-work. It places freedom at its core value to ensure equality, securing the rights of all people.

The heart of Bitcoin is mining — a process involved in the creation of money and the settlement of transactions. In a transparent and decentralized network where rules are applied to everyone evenly, computers around the world (called miners) compete to find the next Bitcoin block.

The game has clear and strict sets of rules, including the total quantity of bitcoin that can ever be created (the code caps the monetary base at 21 million bitcoin), a predictable issuance rate and automatic adjustment for mining difficulty. In order to successfully compete in mining blocks, all participants have to follow network rules and use their precious resources to do the work. Incentives that reward honesty, by aligning everyone’s self-interests, enforce the rules of the consensus without making anyone act against their will.

Protocol Of Empowerment

Relying on cryptographic proof rather than trust in a central authority to eliminate counterparty risk in a transaction, Bitcoin has solved the problem of the built-in unfairness of the existing fiat system.

Bitcoin is the most inclusive financial network of all times. It is borderless, welcoming everyone regardless of their culture, nationality, gender and religion. Unlike the U.S. dollar supremacy monetary system that creates an unfair advantage for those who are close to money printers, Bitcoin enables a level playing field.

(Source)

Bitcoin’s open-source protocol provides fairness through a merit-based system that acknowledges each person’s differences, their skills, talents and contributions. The network that self-regulates through algorithms operates free from bias or favoritism. In this system, in which one participates voluntarily, everyone is judged by the content of his or her character; being rewarded for playing by the rules and being punished for trying to cut corners.

Now, with increased inflation breaking down the economy, the Cantillionaires are trying to launch stakeholder capitalism to maintain their control behind the scenes.

(Source)

As the state-sponsored divisive racism implicit in CRT initiatives drives a nation apart, Bitcoin reignites the impulse for social justice movement. Technology is bringing people together from diverse backgrounds.

Bitcoin’s decentralized public ledger begins to dismantle the oppressive mechanism that separates us from one another. By providing people a tool to empower themselves, the coders who steward the development of this protocol make sure that no one is left behind.

This innovative monetary system, which guarantees everyone freedom, delivers justice for all. Through sovereign individuals associating with one another on the basis of equality, a new economy can be built that cultivates the uniqueness of each person to enrich the whole society.

This is a guest post by Nozomi Hayase. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) íà Currencies.ru

$ 66935.25 (+0.20%)
Îáúåì 24H $19.693b
Èçìåíåèÿ 24h: -0.07 %, 7d: 9.55 %
Cåãîäíÿ L: $66739 - H: $67313.92
Êàïèòàëèçàöèÿ $1318.622b Rank 1
Öåíà â ÷àñ íîâîñòè $ 39251.26 (70.53%)

bitcoin people providing tools tool one behind

bitcoin people → Ðåçóëüòàòîâ: 126


Ôîòî:

Bitcoin mining is for the people, thanks to GoMining

Bitcoin mining is one of the best ways to support and participate in the network and earn BTC. However, for most people, it is not easy to get started. Bitcoin mining’s barrier of entry continues to remain high, as the financial investment, technical knowledge, and active maintenance required are all too difficult for most people […] The post Bitcoin mining is for the people, thanks to GoMining appeared first on CryptoSlate.

2023-9-8 05:00


Ôîòî:

Over 150 Million People Backing Bitcoin Means It Has Intrinsic Value, Says Mike Novogratz

The fact that Bitcoin is backed by over 150 million people around the world means it has intrinsic value according to the Billionaire CEO of Galaxy Investment Partners Mike Novogratz. He expelled fears of a massive Bitcoin sell-off saying in an interview with CNBC that people are buying Bitcoin based on the slow depreciation of […]

2021-9-23 00:11


Ôîòî:

A System of Robot Drug Dealers on Telegram Allows People to Buy Illegal Products for Bitcoin

There’s a new avenue darknet market (DNM) customers have found that allows them to purchase illegal wares 24 hours a day via a robot drug dealer hosted on Telegram. The platform dubbed ‘Televend,’ is an automated software program that peddles illicit narcotics for people paying with bitcoin and during the last few months, the complex […] The post A System of Robot Drug Dealers on Telegram Allows People to Buy Illegal Products for Bitcoin appeared first on Bitcoin News.

2020-10-14 22:30


Ôîòî:

Year-End Gold and Bitcoin Price Predictions from Regular Everyday People

Just recently, news.Bitcoin.com talked to a number of individuals and asked them to let us know what they think the price of bitcoin and gold will be by the year’s end. Rather than leveraging the typical predictions from experts, executives, and crypto luminaries, the post delves into the perspective of average people and what they […] The post Year-End Gold and Bitcoin Price Predictions from Regular Everyday People appeared first on Bitcoin News.

2020-8-10 04:30


Bitcoin Bull Tim Draper Mentions How People Would Be using Bitcoin at Starbucks by 2022

Recently, news emerged that several major retailers like Starbucks and Whole Foods were accepting crypto payments. On the surface, the news seems to be pretty good. Back in March, Bitcoin bull Tim Draper mentioned how people would use Bitcoin at Starbucks by 2022, and that people would laugh if a customer tried to pay with […]

2019-5-17 19:25


Tales of two people who nearly hit Bitcoin jackpot but…

About 8 years down the line after the introduction of Bitcoin, there have been stories of people who turned into billionaires overnight. Just as Bitcoin billionaires have something to smile about when they look at the past, there are people who also wish for one more chance to go back into the past to correct […] The post Tales of two people who nearly hit Bitcoin jackpot but… appeared first on ZyCrypto.

2018-8-19 00:02


Ôîòî:

Privacy-Centric ‘Bob Wallet’ Adds Bitcoin Cash Support

Privacy is important in the cryptocurrency ecosystem to a large number of individuals, and people believe private transactions are needed badly these days in a society watched by the ‘deep state.’ Because people find privacy to be extremely important, some developers have designed bitcoin mixers and tumblers that help obfuscate cryptocurrency transactions recorded on public […] The post Privacy-Centric ‘Bob Wallet’ Adds Bitcoin Cash Support appeared first on Bitcoin News.

2018-7-9 00:15


Bitcoin is Money Because Of This Characteristics

Many people have refused to welcome the idea that, Bitcoin should be recognized as a legal tender. There have been different opinions whenever the subject of this comes to play. Some people do see the coin as such as many companies and schools last year, made it clear to the public about their intentions to […] The post Bitcoin is Money Because Of This Characteristics appeared first on ZyCrypto.

2018-7-7 23:25


Ôîòî:

Bitcoin vs Gold Benefits: Is BTC Cryptocurrency Better Than Precious Metals?

During the last few years, the cryptocurrency market grew exponentially. Bitcoin, the most famous virtual currency has been attracting investors and interested individuals. Why? Because it is almost anonymous, it allows people in countries with conflicts to have access to the financial world, and it reduces transaction costs and times. Back in 2009 it was […]

2018-7-5 21:11


Ôîòî:

I’ve noticed something fascinating about Bitcoin, the revolution in currency that is taking place across our planet: Those who have always lived in safety, in countries that function…don’t seem to get it.

If You Don’t Appreciate Bitcoin, It Might Be Your PrivilegeNever thought I’d use the word “privilege”, but here we are. As if their upward mobility was a misstep and they should have stayed poor. Or they get it, but they think that criticizing governments is volatile and immature. Comfortable people have lots of sympathy for

2018-7-5 16:34