@whatax

When a billionaire (Hey Elon) who owns a global town square screams “abolish the EU” right after getting fined, you get a live demo of why concentrated private power is dangerous for democracy, for markets, and for innovation. Let’s talk billionaires, rails, and why we need @iota, @LayerZero_Core , @StargateFinance This isn’t about one person’s politics. It’s about a pattern: ➖own the platform ➖shape the narrative ➖attack the regulator when they enforce rules When speech, payments and data all depend on a few ultrarich individuals, everyone is playing on rented land. The problem is structural: ➖extreme wealth → massive lobbying power ➖ownership of platforms → control over reach & visibility ➖ability to threaten to “leave” a jurisdiction → pressure on regulators Now look at the financial side. Most people access the economy through: ➖banks ➖card networks ➖centralized exchanges ➖a few giant fintechs If those rails are captured by a small group, access to money becomes a policy choice of corporations and billionaires, not a basic right. This is exactly where decentralised, interoperable finance comes in. Not “number go up” casino DeFi, but neutral infrastructure: ➖open to anyone ➖not controlled by a single company or state ➖resilient against one rich person having a bad day on X The combo I’m watching closely: ➖IOTA – scalable L1/L2 stack for value + data with low fees, and on the rebased L1 you can sponsor user gas via Gas Station so UX can feel almost gasless ➖LayerZero – omnichain messaging layer connecting 150+ blockchains ➖Stargate – shared liquidity protocol that moves native assets across chains Together, they’re building rails, not empires. No billionaire owns those protocols. They’re open infrastructure. Why does this matter politically? Because it lets regions like the EU or AfCFTA build their own digital trade & identity systems on IOTA, without foreign influence, while still connecting to global liquidity. No need to beg a Silicon Valley CEO for API access to the world economy. If one platform owner rages against regulation, a neutral, multichain stack means: ➖payments keep flowing ➖supplychain and trade data still anchor on IOTA ➖citizens and companies can keep transacting across chains Opinions can be loud, but infrastructure stays calm. Lets build a world where speech, money and trade run on neutral, interoperable rails – or one where a handful of ultra-rich gatekeepers decide who gets access? So when you see the next tantrum post about “abolish this” or “scrap that” from someone worth tens of billions, remember: The answer isn’t a louder tweet. The answer is building and using infrastructure that no single billionaire can control.

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