Cryptocurrency and the Collapse of International Law: Challenges and Prospects

The US House of Representatives at an unscheduled Saturday session passed a bill on the confiscation of Russian assets in favor of Ukraine. It is noted that 360 congressmen voted in favor of the bill, 58 voted against it.

According to the head of the European Central Bank (ECB) Christine Lagarde, the U.S. proposal to use frozen Russian assets to issue bonds and direct the raised funds to help Ukraine carries legal risks and may be considered a violation of international law.

Now we can safely state that there is no longer any international law. There are no more international reserves, and therefore no more world reserve currency, the security was liquidated a little earlier. And it's not even a matter of who is right and who is to blame. The point is that money, in the quality we've known for the last 1000 years, no longer exists.

Satoshi Nakamoto created bitcoin in order to put his own bank in everyone's hands. So that your funds can't be blocked, confiscated, or harassed by anyone.

Bitcoin stands on three pillars: anonymity, decentralization, security. But as long as there is a force in the world usurping power, rights, freedoms, resources, and information, everything in cryptocurrency looks like this.

Someone explained to society that there are some cryptocurrencies out there, of which there are hundreds and thousands. And they must obey some rules created by parasites:

Thus we have three whales on which crypto holds on:

anonymity (pass verification by shaking your head against the front page of your passport)
decentralization (we stop serving citizens of your country)
security (your account is blocked)

The fourth and fattest whale of crypto, is the irredeemable uneducation and stupidity of citizens, supported by a swarm of self-proclaimed gurus who criticize bitcoin but encourage people to invest in projects that have as much to do with cryptocurrency as any shitcoin like XRP has to do with decentralization.

With such an uneducated herd, you can do whatever comes into the minds of a sect of Dementos from a retirement home on seven hills.