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0 sats \ 1 reply \ @Takwin 9 Jun 2023 \ on: The Five Best Things About the SEC Cases Against Binance And Coinbase bitcoin
If we take down Coinbase, it’s almost the end for crypto in America, and that includes Bitcoin. We need on-ramps, and Coinbase is BY FAR the best and safest for any normie. And we desperately need normies for the next bull. And I will always root against Gensler and the SEC. Binance might be criminal to some degree like FTX, but absolutely Coinbase is safe until American idiots try to destroy our on-ramps.
I am one of the rare ones here. I completely accept all the conclusions and theories of the science behind global warming (and also evolution, the Big Bang, and the natural existence of gays). I’m a science teacher, but also a Christian, I believe in the second amendment, but I also think the rich should be taxed a lot more. I’m all for environmental regulations, but only if they don’t target industries. Make general rules and see if bitcoin, streaming, banking, and everything can follow them.
But I completely support the use cases of Bitcoin mining, think all the complaints are actually factually wrong or just strawman arguments. Also, no one ever seems to complain about the power uses of “the cloud” or “streaming” or the actual banking system or what it takes for “sports” to exist. Power is needed for the world to work.
I’m an upper elementary teacher and talk about crypto frequently with the kids. Maybe 1/3 of them know and are interested in it. A couple in each class actually understand basic differences between their “big 3” of BTC, ETH, and DOGE. some of them even have some DOGE as well as Satoshis (in a Lightning wallet).
I have a BTC riding the roller coaster magnet on my board and one kid each day (or sometimes during the day) changes its direction based on the price.
I’m just being a good long-term orange-pulling public servant here. It’s a real long game, and each of us must do their part in what way their profession allows.
I know people that would join. They are close. They need on-ramps to be instantaneous and easy. They need protection against fraud against them, like other financial services.
It’s been answered many times but it’s still good to ask. It’s a logically legimate worry, but just not possible. Short answer is NO. Longer answer is a lot more words but it really is still a hard no.
Kennedy is going to put progressive Bitcoiners in a pinch. He is a legitimate nutter. He has many crazy ideas and quite a few that are easily, probably wrong. He probably has a handful of positions that disqualify him to many Dem voters.
However, as a progressive near-maximalist myself, he also has some good ideas, particularly regarding $BTC, CBDC’s, and financial privacy and freedom.
Im a progressive sue to social views that I will not budge on (LGBTQ rights and abortion), but damn the financial cooks like Warren and her anti-crypto army are so disheartening.
I’m not sure how moral people could object to other people living their lives as trans or gay or whatever. I’m also not sure how intelligent people could oppose the financial freedom from fiat debasement and Fed control that Bitcoin provides.
I wish there was a political party for socially liberal and fiscally moderate/libertarian. Just not in the cards in the US.
GENESIS