Jimmy Song: Bitcoin Can Be Instrumental In Starting A Peaceful Revolution
Recently, Jimmy Song, a leading bitcoin developer appeared on Max Keiser’s show on RT.
Keiser noted that “when you talk about users (consumers) winning out over the monoliths — the corporations and plutocrats — I think that Bitcoin is the currency of resistance. The pro-crypto figure drew attention to the Yellow Vest (GIlet Jaune) movement, noting that activists can rally around BTC as a mode of unification.”
Song, seemingly a bit hesitant to admit that Bitcoin should be actively used in a more violent revolution like environment, noted that the “biggest” value proposition that the asset accentuates is decentralized monetary (financial) power — the most facet in humanity in Song’s eyes.
So, he explained that movements like France’s Gilet Jaunes should be taking financial power back for themselves, rather than usurping the powers that be. So, he then explained that BTC can facilitate a “more peaceful revolution” than the violent protests occurring all across the globe.
Song said that Bitcoin can be instrumental in empowering an individual over the government because of its decentralized nature.
“When you’re talking about governance, and you’re talking about the user winning out over the monoliths, the corporations, the plutocrats….It seems as though bitcoin is the currency of resistance. Bitcoin should be the currency for all these global movements to unify.”
He later said that people should stop obsessing over the price of Bitcoin. “The bitcoin price going up can actually be a very big distraction for a lot of developers. When the price is going up, we’re all thinking about how much bitcoin we have and what we can buy, so it’s very easy to get distracted when there’s a bull market. During a bear market, you don’t want to think about the price that much. Instead, you get down to work and build all sorts of goods and services that might be useful to people, and that’s a good thing.”