While Bitcoin will definitely change the world of the economy forever, Logan Allen, founder and CEO of Zorp Corp, is well aware that Crypto technology hasn't come without any issues.
“As a technology, it's fundamentally limited,” says Allen. James Polos “Zero Hour” “Political forces have found a way to create rare resources that they can control and manufacture solutions with Bitcoin.”
“In other words, there are small groups in the Bitcoin community that Bitcoin can no longer expand through various types of de facto arguments, political waste and political conflict,” he continues.
Solutions to these manufactured problems are currently on sale.
https://www.youtube.com/watch?v=envpmq0nhe8
“They call them “lightning,” they call them “liquids,” they call them all. But all of these layers reintroduce problems that Bitcoin created fundamentally to solve,” he explains.
“The problem is actually a legal issue called “third-party doctrine,” and, interestingly, it's all the issues that are being proposed to fix Bitcoin and reintroduce this third party,” he continues.
Third-party doctrine is a legal loophole surrounding the Fourth Amendment, and Allen explains that the government allows us to know where we are at all times.
“As there is a third party between us and the government, we are collecting information, so as long as we choose to have a phone. So, the fact that by third-party doctrine, we need to use communications networks to make calls, and the fact that the communications network knows where we are, means that we have actually chosen to publish the information and ignore privacy,” he tells Poulos.
“This applies to money and communication,” he continues. “So Bitcoin was created to solve a very specific problem in the privacy field and it was resolved. It was built to remove third parties.”
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