{"id":17076,"date":"2018-03-03T23:17:14","date_gmt":"2018-03-04T05:17:14","guid":{"rendered":"http:\/\/bucktownbell.com\/?p=17076"},"modified":"2018-03-03T23:17:14","modified_gmt":"2018-03-04T05:17:14","slug":"how-bitcoin-ends","status":"publish","type":"post","link":"http:\/\/bucktownbell.com\/?p=17076","title":{"rendered":"How Bitcoin Ends"},"content":{"rendered":"<blockquote><p>We thought the net would break the monopoly of top-down, corporate media. But as business interests took over it has become primarily a delivery system for streaming television to consumers, and consumer data to advertisers.<\/p><\/blockquote>\n<p>Source: <em><a href=\"https:\/\/www.fastcompany.com\/40537404\/how-bitcoin-ends\">How Bitcoin Ends<\/a><\/em><\/p>\n<blockquote><p>This explains why bitcoin has become less a means of exchange than a\u00a0speculative pyramid, as well as why the coin\u2019s developers and early investors have ended up billionaires. The wealth disparity in bitcoin is worse than that of central currency, with <a href=\"https:\/\/medium.com\/@BambouClub\/are-you-in-the-bitcoin-1-a-new-model-of-the-distribution-of-bitcoin-wealth-6adb0d4a6a95\">4% of users owning 96% of bitcoin<\/a>. So much for breaking the banking monopoly; this is just hackers seizing the banking industry for themselves.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>We thought the net would break the monopoly of top-down, corporate media. But as business interests took over it has become primarily a delivery system for streaming television to consumers, and consumer data to advertisers. Source: How Bitcoin Ends This &hellip; <a href=\"http:\/\/bucktownbell.com\/?p=17076\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[378],"tags":[742,525],"class_list":["post-17076","post","type-post","status-publish","format-standard","hentry","category-marketing","tag-bitcoin","tag-market-trends"],"_links":{"self":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/17076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17076"}],"version-history":[{"count":1,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/17076\/revisions"}],"predecessor-version":[{"id":17077,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/17076\/revisions\/17077"}],"wp:attachment":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17076"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}