Update: Cash App founder, MobileCoin CPO Bob Lee stabbed to death in San Francisco's Rincon Hill neighborhood
Bob Lee, founder of Cash App and the former chief technology officer of Square, was identified as the man stabbed to death Tuesday near downtown San Francisco, according to his current employer, cryptocurrency startup MobileCoin.
For years now, my working theory has been that all crypto is, ultimately and at the deepest level, originated and controlled by the Cabal. But as with any big, complex system, there was always the danger that a few smart and capable people could start to turn it around and empower the people, sealing off the backdoors and creating systems outside the control of the Cabal.
I suspect that what we are seeing now is the Cabal very quietly and judiciously removing the handful of real threats without raising any alarms.
I guess I'm not "smart and capable" enough then; because I've never been able to see the "Freedom thru Crypto" argument at all.
For all the hype dispensed in some circles about the "decentralized stores of value", the 'coins' all absolutely require the government-monopoly internet to function at any usable scale. And that will (soon enough) mean atrocities like mandatory un-anonymity, before you can even log onto the net to access your 'blockchain'.
I sincerely hope there's some creative malcontent group out there working on a way around, but I'm not holding my breath in anticipation...