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100 sats \ 0 replies \ @Solomonsatoshi 19h \ parent \ on: FBI and DHS agents search home of Indiana University cryptography professor news
It looks like a significant lack of transparency from US law enforcement agencies.
What happened to innocent until proven guilty?
What happened to due process?
Is USA becoming a police state?
When you work for your wealth it is quite different to when you gain it via inheritance or other derivative means.
Look at all wealthy nations- the people generally become increasingly demanding of more and more rights and privilege and less and less inclined to see it as their duty to contribute toward the welfare/well being of others.
This is why one of the reasons, imo, that it is justified to TAX THE RICH...in fact essential in terms of sustaining a successful society and economy.
With regard to Bitcoin I believe (and have observed) that the wealth and liquid capital it has delivered some of us is in many cases used for innovative and worthwhile projects- Bitcoiner tend to be outsiders - we tend to question the status quo and are open to change and challenging the status quo - Bitcoin capital liquidity is changing the world and the way the economy functions.
China has won the trade war and USA is in decline.
US Fed Res is owned by Jewish bankers.
US government obediently serves them.
Trump included.
The era of Israel having the backing of the world super power is waning.
China backs Iran...and recently Saudi Arabia joined Chinas BRICS alternative to SWIFT- eBridge.
Domination in trade inevitably derives domination of global protocols and governance.
Trump and Musk see that but it may be too late already for western civilisation.
US exceptionalists and Libertarians remain blind to the truth.
The nation state and its power projection is a major factor in the wealth of nations.
I wear one when I go for walks to measure distance and occasionally to monitor my sleep.
My one is far from perfect - costing $20 on Aliexpress - but is adequate for what I want.
I do not trust its claims to measure blood pressure but it can measure distance walked, sleep (more or less) and time itself ok.
I also dont trust the ap that goes with it and I have never used the ap.
A potential for monitoring the population goes with these devices if they are internet connected...perhaps they will be required for use of CBDCs!
HWs are over hyped crap.
How about educating people how to build their own cold storage instead of touting these third party gadgets that create dependency and false sense of security?
For long term stacking a HW is a complete and utter nonsense.
Learn how to diy cold store and be secure for the long term.
https://electrum.readthedocs.io/en/latest/coldstorage.html
Hardware wallets are for lazy stackers.
They create a false sense of security and embed ignorance and dependency.
Far better to encourage people to learn the process of creating their own cold storage than become dependent upon swiftly redundant, expensive and highly touted third party HW gadgets.
https://electrum.readthedocs.io/en/latest/coldstorage.html
China has won the trade war.
Debt is only justified if it is directed into investment that generates a positive return.
Where is Germany directing this debt funding?
What can Germany produce more efficiently than China?
While I agree with your sentiment I also disagree to some extent!
Many who found Bitcoin appealing early on were those who had already questioned the legitimacy of the banking and monetary system- The Occupy movement for example was something many joined but found protest in that way did not achieve a lot- so when Bitcoin came along it was instantly attractive to those of us who already questioned the current financial system.
You are correct in that the success of Bitcoin has emboldened many- including myself I admit! I never thought Bitcoin would reach the price it has or position it has and so I feel both surprised and am to some degree empowered by that to launch into other projects that otherwise might never have been able to.
So Bitcoin has empowered those who most quickly were prepared to question the fiat financial system and join an alternative (Bitcoin) when it seemed unlikely to succeed but simply to have the chance was enough.
I suspect that many very worthwhile and innovative projects are now in place which could never have been realised without Bitcoin- at the same time some have been emboldened to a degree of annoying arrogance.
At the same time I would add there is also an annoying reluctance from many Bitcoiners to admit just how compromised and diverted Bitcoin has become- the sly but effective obstruction of Bitcoin use as a MoE has rendered the protocol into much more a speculative commodity than a P2P censorship resistant payments protocol...but NGU narrative pushers do not like to acknowledge this.