21 sats \ 2 replies \ @Malachi17 21 Sep \ parent \ on: Trump just paid his tab at Pubkey with bitcoin…NOT. bitcoin
You see it in terms of votes, but I see it in terms of values he is saying he represents.
Bitcoin might be a freedom tool, but it has not produced human freedom on its own. It's made some people quite rich, though. In that regard, many crypto people ought to recognize themselves in Trump. What responsibility do those who have become rich off of Bitcoin have to the rest of humanity? At least Trump is willing to undergo hell to try to do something about the system, whether you agree with his actions or not. That's worth something.
You really believe bitcoin has done nothing for humanity except for making a select few rich in fiat terms?
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I didn't say what I thought was a verdict on bitcoin itself. I only noted that humanity is not freer because of it on the whole and that some are VERY RICH having leveraged it in various ways. Most of the people who are most benefiting from bitcoin are able to be fairly secure in the fiat world all ready. The barriers to entry are high, and the need to buy "actual things with bitcoin" is not readily available. Instead, it is used more to dodge taxes, trade weapons, and hedge against inflation.
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