For all the uninitiated around The Pandora Papers:
“The Pandora Papers is an investigation into the shadowy offshore financial system that reveals the workings of a secret economy that benefits the wealthy and well-connected at the expense of everyone else.
The “papers” consists of more than 11.9 million confidential records obtained by the International Consortium of Investigative Journalists that form the backbone of the investigation.“
More than 600 journalists from 150 news outlets has unearthed offshore dealings of 35 current and former world leaders and more than 300 other current and former public officials and politicians around the world.
Few of the named individuals are:
Emirati Royal Family, King of Jordan, President of Gabon, PM of Lebanon, President of Kenya, Russian Government Inner Circle, Sachin Tendulkar (cricket goat), Shakira, Ringo Starr, Claudia Schiffer, Julio Iglesias and so on..
(Source:https://www.icij.org/investigations/pandora-papers/power-players/)
And yet…
Nothing has happened.
The immediate response of the officials and politicians across the globe has been to denounce this finding and restrict the journalism so nothing else gets uncovered.
“Immediately after the blockbuster exposé was published, officials around the world responded with crackdowns, fiery denials and denouncements, and personal attacks.”
And as a part of their efforts on maintaining this control on the world economy, and keeping the corrupted state of the world enabled- they are coming to get crypto. They realize the potential that crypto holds in restricting their control and power as it enables transparency through decentralization. It establishes rule inequality- that a protocol is a protocol and that you have to comply with the rules no matter your stature.
DAO, Defi, Dex, Dapps are the future which they are so desperately trying to resist in order to postpone its destined arrival.
And so when we push anything which is centralized in its core nature and hope for it to get widely adopted, we are working for them- those rotten, corrupt rich who are a part of this massive cartel looking for any opportunity that could help them horde this power that they are very well accustomed to.
Let’s hope that with new year, we work on the issues rampant in the current state of our world- glorified under this biggest ever investigative piece- and progress towards a better and more decentralized world.
submitted by /u/tanmay1010
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