Deplatforming Paves the Way for Cryptocurrency

Deplatforming Paves the Way for Cryptocurrency by Tom Luongo – Gold, Goats and Guns

TDC Note – If anything will get me to move off my hard stance against cryptocurrencies it is this issue.

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The recent deplatforming of Sargon of Akkad by Patreon has a lot of people very nervous.  I became worried we’d get to this state the first time they went after Gab for not allowing their app in the Google or Apple stores.

It became obvious then that we would wind up here today.  It starts with saying that certain things are unacceptable based on arbitrary enforcement of Terms of Service and ends with backroom pressure to cut a person off from making money.

Google began demonetizing channels which were politically unpalatable to its senior management.  So, a lot of demonetized YouTubers moved to Patreon, asking subscribers to support them directly rather than deal with intrusive ads.

And now Patreon has gotten into the game.  But, we always knew that they would.  They went after Laura Southern last year.

Alex Jones was simultaneously thrown off every platform and then Gab was taken down over a 48-hour period with no warning over having a particular user on its platform.

Yes, that guy shot up a synagogue.  That’s not Gab’s problem.

It didn’t matter that Twitter still hosts all manner of violent and disgusting content or Facebook hosting sites of terrorist groups.  Political opposition to the globalist plan of universal serfdom for us and unchecked power for them was to be snuffed out with extreme prejudice.

Alternatives Rise

Alternative platforms needed to be marginalized to blunt their growth.  Steemit is in trouble due to poor governance and the crushing of the cryptocurrency markets now that Wall St. can use the futures market to disrupt the actual market.

The truth, however, is that by trying to marginalize these alternative voices and raise their cost of capital for growth all that they’ve done is made them more popular than they likely would have been otherwise.

Gab is closing in on a million accounts now.

Gab User Growth

But, make no mistake, the deplatforming was meant to be unfair.  It was done on purpose to inflame conservatives and libertarians to scream for a solution — more regulation, more control over the companies who control the on-ramps to the modern internet.

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Rory Hall, The Daily Coin. Beginning in 1987 Rory has written over 1,000 articles and produced more than 300 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Silver Doctors, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Shadow of Truth YouTube channels to enjoy original videos and some of the best economic, precious metals, geopolitical and preparedness news from around the world.