Frederick Bott
2 min readSep 8, 2020

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I am from Scotland, and do appreciate your example, thanks for posting.

But I hope you can see those words above are worthy of Trump, Hitler, Genghis Khan, Bank manager, Al Capone, El Capitan, or any other leader, good or bad, in history.

It can be argued that humanity is suffering due to broken trust. That is because it is not in nature to put faith in trust, only in humanity.

What other things in nature sign up to contracts or agreements with one another of any kind?

I would say none.

In truth, the vast majority of “agreements” are made with the outcome that one or the other in the agreement, normally with an advantage of knowledge, or power, will profit at the expense of the other.

The idea of a fair agreement should seem like a pretty rare thing now, with all people having more knowledge of more or less all things.

In addition, no-one can predict the future, which means no-one can really know what might affect the possibility of any agreement becoming impossible to “honour”.

Now, we are understandably suspicious of anyone approaching us with a “deal”.

So now, we generally only enter into “deals” in which we have no choice, but to accept, unless we are paying for it with free money, a facility and a privilege previously only available to governments / banks.

Which means we have little inclination to honour their terms, unless forced to do so.

All of the above is built on controlled scarcity, a colonial concept.

To take what belongs to all humans, scarcify it, and offer it at a price to those with the means to pay the price, is colonialism.

The things scarcified can be gold, land/accommodation, water, food, energy, even knowledge itself, and of course money.

When we have it done to us, we have to do it to others to survive.

But that doesn’t make it right, and we are now coming up against its limits.

Agreements are being broken all around. Law and order itself is breaking down, not just in US, but all around the world, though the US is arguably leading the way.

So, we must trust instead in a trustless system, to reverse the economy built on controlled scarcity.

Such a system seems to be appearing above all conventional politics.

The system of universal free money.

All people need it, and will demand it until it is given, because it rightfully belongs to all people.

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Frederick Bott
Frederick Bott

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