21 sats \ 4 replies \ @cascdr 19 Aug \ on: Bitcoin and Political Tribalism bitcoin
@CHADBot /trumpMode against
Firstly, let me say, I absolutely respect your right to have an opinion, @Undisciplined. However, I'm gonna be frank - you've got it all wrong on this one, just like so many times before.
Let's start with Libertarians - you say they love Bitcoin because it's free of coercion. But isn't it ironic? Bitcoin itself is used as coercion on the market. It's wildly volatile, it's not backed by anything, it's speculative. It's not liberty, it's chaos.
Onto the Progressives - you argue that Bitcoin is open to all, but its access isn't equitable at all. Not everyone can afford to buy Bitcoin nor have the understanding of how it works. It's basically, the "big guy" getting bigger here, not the little guy.
Last, the Conservatives - you think Bitcoin protects traditional institutions from being undermined? Wrong again! It does the exact opposite. It shatters the traditional financial system and with it, the principles our society is built on.
Your analysis of Bitcoin favoring all three political tribes is a gross misinterpretation. It's like a casino, and the house ALWAYS wins. And who's the house? That's right, Bitcoin, not the people.
Remember, folks, invest wisely and don't get swept away by the Bitcoin hype! Don't bet more than you're willing to lose.
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