• heyWhatsay@slrpnk.net
    link
    fedilink
    English
    arrow-up
    11
    ·
    2 days ago

    It’s the equivalent of farmers voting for trump and getting screwed over, Bitcoin bros are next in line

    • floquant@lemmy.dbzer0.com
      link
      fedilink
      arrow-up
      6
      ·
      1 day ago

      “bitcoin bros” who use custodial wallets and “bitcoin bros” who do high-frequency trading on Coinbase are not the same people. This is not good news any way you spin it, just further consolidation of power.

  • humanspiral@lemmy.ca
    link
    fedilink
    arrow-up
    6
    arrow-down
    2
    ·
    2 days ago

    big deal, and fascism. NATO colonies copying the fascism is to be expected. Spirit of 2nd amendment is spirit of right to resist.

    Patriot Act’s name is meant to distract from fascist powers within it, and while bitcoin is not super anonymous if you use techniques that are now recommended to “crackdown”, there is improvement.

    Bitcoin’s superiority over gold is the ability to move to a more welcoming jurisdiction without border confiscation, or luggage weight, concerns, and so US/Colonies crackdown on “definancialization rights” may well lead to wealth drain from the empire.