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Home»Bitcoin»Bitcoin's Trump Card: Dividing Is The Wrong Move

Bitcoin's Trump Card: Dividing Is The Wrong Move

Bitcoin By Gavin25/06/2024
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1710951310 KYC Bitcoin and the failed hopes of AML policies Tracking
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Trump (left) and Bitcoin Magazine CEO David Bailey are pictured with the Bitcoin Magazine (right).

Since Donald Trump has become more vocal in support of Bitcoin As I prepare for this year’s Presidential election, my emotions and concerns are varied.

In addition to Bitcoin, in my role as a liberal voter and vocal opponent of Donald Trump, I’m deeply worried about such a narcissistic and ego-centric person assuming the power of the oval office once again. This could have a negative impact on issues that I hold dear in the U.S., like the woman’s rights to choice, reproductive freedom, immigration and global affairs.

As I worried about Bitcoin’s perception as being an extremist movement, I started writing and running the Progressive Bitcoiner. I also advocated for Bitcoin with those who are not in the libertarian/right-leaning bubble. “right wing” Or politically polarizing. This is open-source code. It’s digital peer to-peer currency that doesn’t belong to any political or ideological party. It is important to me because it can radically change our world and millions of lives. From the left we have campaigns such as Greenpeace USAElizabeth Warren anti-crypto armyBitcoin is not just for wealthy people, but also for terrorists and criminals. wall street. Bitcoin, according to the latest data, is among the top, if you can call it that. sustainable industries on the planet“, It is growing list human rights use-cases It is a constant uphill struggle to convince progressives to accept Bitcoin. After years where Bitcoin’s most vocal voices have promoted various right leaning ideology, encouraged books like The Bitcoin Standard, as well as various right wing maximalism tropes such as carnivore eating, traditional values, climate science skepticism, etc., we should expect what to come.

Winklevoss with Trump

Bitcoiners actively supporting, donating, engaging, and staging for Trump and the Trump campaign makes my work much more difficult. We went from fishing to throwing a bomb in the water (regarding bitcoin adoption), without even a moment’s pause.

In reality, after 2016, Donald Trump was elected and Hillary, the Democratic party, as well as Hillary’s supporters, doubled down. “basket of deplorables,” Yes, I am also critical of the Left. The political divide has exploded, and most Americans are now feeling politically dislocated (some estimates suggest between 70 to 100 millions Americans).

Purity culture has corrupted the left. Your view, the means towards an end etc. You’re not allowed to speak if your view hasn’t been approved by The Left Regime. It’s also the reason why bitcoiners and Trump are not interested in bitcoin. Bitcoin is right wing currency to them.

Trump has taken over the right and turned it into a debaucherous party. Conservatives/republicans used to be values driven with actually policy and ideas, which I could agree or disagree with. It’s now chaos, fueled by Trump who is ego-driven and has no philosophy of politics or values.

Bitcoin is a good tool for cutting through the noise. This is a tool any ideology could find helpful and valuable. In fact, I worry that narratives may latch onto Trump-ism and continue to do so for several more years. Do I care about Bitcoin’s code, usability, or use cases? Not for this Trump/political reason, no not necessarily (I do have concerns about regulatory capture via ETF’s, mining centralization, lack of privacy and better tools for bitcoin’s peer-to-peer use, etc…but that’s a chat for another time).

It’s not a good idea for Bitcoiners to place all of their eggs into the Trump basket or in any other political basket. The risk of reputational damage, and the slowdown in adoption is severe for those on the Left who will perceive this. “Trump’s thing” You can also find out more about “right wing” This narrative will be furthered by politicians, who in response will double down on the narratives that they are trying to promote against Bitcoin.

Photo by Rob Curran The following are some of the most effective ways to improve your own effectiveness. Unsplash

In order to maintain Bitcoin’s social component, it is in our best interests to educate people about bitcoin and advocate for its adoption by individuals/communities. We should also hold politicians responsible when they overstep the mark (like Elizabeth Warren’s desire to implement a national currency). backdoor ban on self-custody…no, we’re not going to let that fly, much less how that’s blatantly unconstitutional), and not desperately clinging to politicians’ words on the campaign trail, no matter who they are, that are purely pandering for votes, regardless of what may happen once they are in office (or what they can actually do, versus the legislative and judiciary branches).

In my case, as an unaffiliated voter, Bitcoin is important to me. I want as many people in the world as possible to use it and enjoy its benefits. In the interest of Bitcoin, as well for my own values and beyond, I am unable to support Donald Trump. Bitcoin isn’t dependent on Donald Trump being elected to be supported, used, or learned about.

I hope that those who are looking on from outside the Bitcoin community will see that we’re not all on the same page and that Bitcoin can be used by anyone, regardless of their political party, or even who they plan to vote in November.

Trey Walsh has written a guest blog. The opinions are the author’s and may not reflect BTC Inc.

“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: bitcoinmagazine.com

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