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Europe’s center is barely holding — and Trump plans to blow it apartwww.politico.eu/article/europe-far-right-center-politics/
274 sats \ 2 comments \ @winteryeti 15 Dec Politics_And_Law

It's been an obvious pattern through a number of national elections that Europe is moving to the right and become politically conservative. Various inroads in coordination and support have also been both visibly and quietly coming from the US' current administration in related election campaigns.

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21 sats \ 0 replies \ @fourrules 15 Dec

I would be surprised if Europe wasn't the driving force of bitcoin adoption in the world in 10 years, if not for the simple facts that:

  • it's jurisdictionally competitive, and European citizens can relatively easily move, meaning some countries will want to attract capital
  • bitcoin thrives in chaos, and Europe is going to get politically chaotic in less than 5 years.
  • European banks may watch with envy the US banks custodying bitcoin and building revenue streams from it, even if it's just conversion fees. That hate the digital euro, because unlike bitcoin it doesn't compete with bank deposits. I don't think banks have any more fear of self-custody than they do of people keeping cash under their mattress. They know they can compete on convenience, like Spotify did when torrents threatened the music industry
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21 sats \ 0 replies \ @Undisciplined 15 Dec

The sooner they rip the bandaid off the better they’ll be.

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