UPI Photo -Creative Commons 0, 2008 Summit on Financial Markets and the World Economy, Washington DC

Who Will Control Bitcoin? -The Global Oligarchy

Rule by Group

Davido Davido
What Government Will Do With Bitcoin
6 min readMay 28, 2021

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“All governments use force and all assert that they are founded on reason. In fact, whether universal suffrage prevails or not, it is always an oligarchy that governs, finding ways to give to “the will of the people” that expression which the few desire.” Vilfredo Pareto, Italian economist, in ‘The Mind and Society: A Treatise on General Sociology’, (1935)

The powers of Government will be used to completely control Bitcoin during this decade. A small politically powerful group, an Oligarchy, controls the political systems, the legislatures, and the electoral processes of countries. The ruling Oligarchy is global. It is also a Plutocracy, a Corporatocracy, and a Pathocracy.

Person’s who declare that Government would not benefit from the destruction or control of bitcoin, typically believe that our Legislators determine the policies of the government and serve the will of the people. Instead, candidates for the legislature are preselected by the ruling Oligarchy and are expected to serve the Oligarchy, often to the detriment of…

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Davido Davido
What Government Will Do With Bitcoin

Voluntarist, Agorist, not Pacifist. Don’t Tread on Anyone. Rely on Hard Assets, Hard Principles, and Hard People