UN-OCCUPY WALL STREET !

Is it so desirable that we want to occupy it? Do we really need them?

It is not easy to feel sympathy for the Yuppies. The society feels that they grew up rich at the expense of the people. It may be true. Most transactions on the NYSE (New York Stock Exchange) are performed with a automatic commission charge, so that brokers earn their monumental payments just for being there, participating in the transfer and are not responsible for whatever happens, whether the business  go right or wrong. That's "moral hazard". As said by Gordon Gekko in the film (one of my favorites): Wall Street - Money Never Sleeps, " Moral hazard is when they take your money and then are not responsible for what they do with it."

And then we start to investigate the origins of Wall Street in order not to feel this antipathy. We want to see those were honest businessmen who founded the Stock Exchange and we realize that our doubt what we feel for them was wrong. We should not hesitate, but hate them directly.

Those clever guys of yesteryear, which were traditionally only wholesale grain traders as intermediaries, were gradually gaining experience in trading with crops of American farmers, they had an illumination when they realized they could take over all crops.

How they did it? Simple, they decided that only they, the brokers of Wall Street, could buy and / or sell agricultural crops. They perfected these abomination of speculation documents by excellence: Futures. And from there, they put a padlock to crops, constituting forced intermediary. Who is not going to grow rich that way?

And now occasionally some crazy folks (although they say they reached the million people) march through Manhattan to draw attention to inequality and the perception that corporations influence the government. The intention is good. But what they won is that now the FBI is watching them and so the Task Force antiterrorism. It happens that as long as corporations and NYSE comply with the law, (which was influenced by them also, but legally) those shows are at most only passive manifestations of disagreement that will not lead to anything but comforting words of politicians.

But there is another way to make more direct action.

Now that the use of Bitcoin is legal in the United States, that and the instruments derived from it are what to use to show discontent.

In principle, no one should dare to use the bitcoin. This strange cryptocurrency has a high volatility and is not backed by any government, its very entity of origin is a mystery and the multiplicity of parallel prices makes you dizzy. So why do people use it? First, since it exists only virtually, to avoid paying fees for money transfers that feed the banks and money transfer agencies, etc. More importantly, it is unfalsifiable. And that single feature, has produced its demand. Even the US dollar can be counterfeit, and it is done in big quantities. That increases the circulating money and produces inflation. That inflation affects all the currency and the dollar worths less. The problem is that the US government does not seem to realize or will not act on it. So if governments do not fulfill their role of maintaining their currency safe, don’t the people have the right to look for another?

Even as a warning of the people, the adoption of bitcoin could accomplish what street demonstrations fail. Un-occupy Wall Street!  should be a movement with which people avoid to use overpriced Wall Street banks services (and other Banks services as well), decentralize power and that sends a strong message of disapproval to governments and companies who have entrenched themselves in the Manhattan neighborhood. Society is telling them it’s not interested in occupying their offices, they can continue with business as usual while the people are finding cheaper alternative technologies, and can meet people’s needs without paying unnecessary fees for simple and insignificant monetary transactions, and that the services provided by the official monetary system is obsolete and too expensive.