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Can ‘Jackie Weaver’ Take Your Bitcoin? Lessons on Authority.

GM Bitcoiners,

Perhaps one of the best things to come out of the ‘Zoom culture’ that emerged from the pandemic days was a viral meeting between the members of the Handforth parish council…

 

Jackie W: “if you disrupt this meeting I will have to remove you from it.”

Vice Chairman: “YOU CAN’T!!!”

Chairman: “It’s only the chairman who can remove people from the meeting. You have no authority here, Jackie Weaver, no authority at all.”

*Jackie removes chairman from Zoom meeting*

Vice Chairman: “She’s just kicked him out! “

The funny thing is that the investigation into the incident concluded that Jackie Weaver did not have the authority to do what she did. But in the moment, it didn’t matter what the ‘rules’ were. All that mattered was who had the power at that moment, and rightly or wrongly, it was Jackie. 

Jackie had ‘the authority’, and she used it just as most people would. 

In the age of technology, there are many ‘Jackie Weavers’ scattered into our daily lives, and sometimes it’s more important than a Zoom meeting. 

Not every ‘Jackie’ will, but any ‘Jackie’ CAN use that authority.

And when it comes to something like your life savings, do you want that? 

Both the money in a bank and Bitcoin left on an exchange have this same risk. Someone can supersede the ‘rules’ and use authority at the click of a mouse. 

This is what Bitcoin was built for. It’s money that can’t be ‘turned off’ if you use it correctly. This is why we make it easy to both buy AND withdraw your sats at FastBitcoins – don’t let someone else have authority over your money! 

Written by Henry

Content Manager at FastBitcoins. Came to Bitcoin for the sound money... stayed for the memes! When not on Bitcoin Twitter, Henry can be found dancing Argentine Tango or in the gym.

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