If money is power then control of money is absolute power.
Give me control of a nation’s money supply, and I care not who makes its laws.
Nathan Rothschild
The power of the control of money allows major payment processors (and by extension governments that regulate processors) to curb free speech as evidenced by bans of Wikileaks, Gab and the deplatforming of content creators from YouTube, Twitter etc.
On a global basis the US uses economic sanctions to exercise power around the globe which is all enabled by the USD as the world’s reserve currency. The US can limit another nation’s ability to transact on the global banking system. Now that is power.
Any routing of funds through a third party makes a transaction subject to the laws of payment processors, governments or platform providers EUA.
How to solve this issue in our connected world?
Enter MoneyButton.
Money Button is a digital currency payments button for websites and apps. Payments are nearly instant, nearly free, work everywhere in the world, and cannot be reversed or blocked. This is how money should be.
Within a few seconds anyone can generate their own MoneyButton and add it to their website. These are the steps involved.
- Download a Bitcoin SV wallet such as Handcash.
- Pick a handle and backup your seed very carefully.
- Go to Moneybutton.com and enter the information in screenshot below.
- Enter the BSV address you generated in Handcash.
That’s it. Using the steps above in a few minutes I produced the code that generates this MoneyButton
(MoneyButton doesn’t display on this site due to restrictions, see here for a functioning money button on right side of page).
If you have a MoneyButton account you can simply drag the button from left to right and I will receive $1 in BSV nearly instantly with near zero fees. This cannot be stopped. This is an incredibly powerful tool built in just a few lines of code.
If you don’t have a MoneyButton account this button may appear gray. You can buy BSV and load your own MoneyButton account to enable MoneyButton anywhere on the Internet.
Now imagine MoneyButton on sites across the Internet. How many times have you been stopped by a paywall for an article you wanted to read but the prospect of handing over a credit card for a subscription wasn’t feasible? Or a site was so loaded with ads you lost patience before the site loaded? Or the site had so many popups you closed it out of frustration?
The content creator lost out. No wonder digital news sites are struggling. Any value they create is locked behind a byzantine and archaic payment system. Do I really need to input my credit card and address to read this editorial? That system doesn’t work.
The New York Times could easily add MoneyButton paywalls that are simple, secure and easy for users. This would turbo charge their revenue model. The valuable content would be rewarded and can be featured. Rewarding value changes the whole landscape of the web. It’s a Win/Win.
Simple, automatic, uncensorable microtransactions of value are the future of the Internet. MoneyButton is the leader in this field.
MoneyButton runs exclusively on top of Bitcoin SV. Due to this fact, you always control your own money.
Your money, your power.
This content was originally posted on Coinspeak.io
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