Bitcoin Limits Influence on South America – Bitcoin Magazine
This is an opinion editorial by Vinicius Piscinia bitcoin pleb.
Despite the great growth potential of countries in Latin America, such as Brazil, Argentina, Chile and even Paraguay, external influences contribute to stagnation and targeted economic decline in these countries. We can confirm that the leading international role that such a potential would provide in normal times of fair competition is overshadowed by the manipulations of major powers, prominently the United States and China.
Several actors are interested in exerting their influence in developing countries. The US financial system, characterized by the hegemony of the dollar in international reserves and the relevance of US monetary policy to other countries, ensures that the US is on an unattainable foothold in the diplomatic arena. Bitcoin can be a nuisance for this, thanks to its decentralized system and, more importantly, the fact that it has no controlling body (not even a known founder), making it impossible for unfair competition.
Chinese competition
When we analyze Chinese meddling tactics, we observe the predatory lending that China has completely dominated countries like the Maldives and Sri Lanka. This is currently also happening in many South American countries. There is also the direct creation of military bases, for example in Paraje Quintuco in the Neuquén province of Argentina which is being built under the guise of a space station. Apart from this, we see the great influence that the Chinese system has across the continent in the form of policies adopted there that have been tried in China – which is very evident after the control measures taken under the pretext of COVID-19.
The United States has a more visible and prominent influence – especially economically and demographically – over some South American countries, such as Brazil and Colombia. It is worth recognizing that the United States is not only an economic power, but also an institutional power. The dominant political class in this country has more power to manipulate international laws, either through the UN, or even through bilateral agreements or joint action. A good example is the Paris Agreement, where the USA is now the most important promoter.
Henry Kissinger, the great architect of American international influence
Kissinger is not only responsible for the economic rise of China, which has occurred gradually since the 1970s due to the financing promoted by his policies, but he is also responsible for an American foreign policy aimed at the economic downgrading of developing countries in various ways. This is mainly achieved with an emphasis on population reduction and the establishment of non-proliferation of nuclear weapons.
Everything has passed through the government’s sieve in most developing countries as a purely diplomatic compromise, as well as an opportunity for capitalization that was promised by the US government. In such a way, the control of the international monetary system is crucial to the implementation of such measures, not only to exert pressure on non-successors, but also to pass on subsidies to the most committed.
In a document called the “Kissinger Report”, which was a secret document until the 1990s and was passed on to the embassies of 107 countries, Kissinger called for limiting population growth and reducing it through the wide spread of contraceptive methods and abortion in the US Agency for International Development programme. He also called for the strengthening of advertisements that promote the desire not to reproduce and control of the prices of a number of input factors that are necessary for a desirable rate of reproduction and are essential for lasting economic development.
The deindustrialization of the southern hemisphere has always been a desire of the great Anglo-Saxon empires after the 18th century, once under the guidance of Great Britain and now with the United States as the central figure. As a way of guaranteeing the permanence of the project, another policy explicitly advocated not only by Kissinger, but by all the global institutional apparatuses, was the non-proliferation of nuclear weapons, which came to provoke a diplomatic imbalance at the negotiating table between some developed countries . in the northern hemisphere and the developing countries in the southern hemisphere.
Unequivocally, as the weakening of the dollar becomes more and more evident, it will weaken the enforceability of such destructive measures, as control over the financial system is essential to their implementation. Bitcoin, as a currency that is impossible to counterfeit by any government or private entity, will be essential to ensure that outside powers will not replicate these methods of unfair competition and subversive control.
This is a guest post by Vinicius Piscini. Opinions expressed are entirely their own and do not necessarily reflect the opinions of BTC Inc. or Bitcoin Magazine.
