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Absolutely everything about this is weird — the title, the misportrayal, the use of "right-wing."
The cryptocurrency world was once the province of libertarians who kept their distance from the government. These days, it is in the midst of an all-out MAGA takeover. Star speakers at the Bitcoin Conference included a parade of Trump officials and Washington allies. Crypto boosters including billionaire bitcoin evangelist Michael Saylor got a private audience with Vice President JD Vance to push their favored policies.

“The Bitcoin Conference right now is basically a right wing rally,” said Richard Scotford, a 53-year-old bitcoin owner who lives in Costa Rica. He said being enamored with powerful people is “against the ethos of bitcoin.”

dude got a point, obvs. We've come a long way from this:
Bitcoin was championed in its early days by libertarian idealists who dreamed of a currency that was totally private and secure, outside the reach of governments and financial institutions. Earlier conferences were concerned with the finer details of money and personal liberty, and were attended by more paranoid types, said bitcoin developer Tadge Dryja. “We were like, ‘Well, are they gonna bomb this place and kill us all because they want to destroy bitcoin?’” he said.

Despite the winning streak, Trump’s fervent embrace is causing discomfort to some factions of the crypto world, including a wing that has argued since bitcoin’s early days that cozying up to any government is a bad idea.
...and some more:
Backers of a national bitcoin reserve say it would lend the prestige of the U.S. government to the currency. “It’s a good thing, because the more people know about bitcoin, obviously, the higher the value is going to be,” T.J. Slingby, who works for a crypto advocacy group in California, said of the administration’s support of bitcoin.

"a more pragmatic approach took hold, one that sees joining with governments and financial institutions as the way to make bitcoin valuable in daily life—as a store of value, or a way to buy things."

Whatcha thiiiink, Stackers?

non-paywalled here: https://archive.md/pS9Sz
54 sats \ 3 replies \ @freetx 3 Jun
Buying the best politicians you can afford to write laws in your benefit can be viewed as a fairly Anarcho Capitalist response to the state......
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That's what larp ancaps don't seem to get, nationalism is the manifestation of the coalition instinct in a globally anarchic system... the state is
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77 sats \ 1 reply \ @freetx 3 Jun
Yes, that was one of my insights as well...we are actually already - and have always been - in an AnCap world. "The State" doesn't really exist as the fake boogeyman that Libertarians/Ancaps like to present.
Our flawed current world is just what it looks like when when the DROs/PDAs achieve natural monopoly status and start shaking everyone down for more and more money.
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110 sats \ 2 replies \ @kepford 3 Jun
What about this take. The romantic view of this thing we call bitcoin is slowly dying to reality. The reality of what those people said they wanted is not ever gonna be possible. Its naive to think banks and the state will just roll over and die. They will seek to manipulate and use what they can't change. It is what it is. Bitcoin, if it is money is gonna be loved and used by the worst people. They will virtue signal to its adopters as long as it is beneficial to them. This is such a non-story IMO. Its like complaining that its hot in summer. Yeah, it is and you should be ready for it. Or maybe bitcoin should be like so many other software projects and become irrelevant. Its either money or its not. Everyone isn't gonna understand it or use it "correctly". People will love it for the wrong reasons. They will hate it for the wrong reasons. People are stupid.
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"What people wanted is not ever gonna be possible."
So we use a accepted shared view of the truth (Blockchain) to eliminate bias, allowing us to properly educate people.
You're such a cynic kepford. Change is possible, dude! We had women's suffrage, civil rights, free primary education, germ theory of disease.. computers, Internet, solar panels... come on dude, admit it: There is at least a slim chance of ending world poverty without nuclear war.
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LOL
My comment was not clear. It's not gonna happen without some middle phases of pain and suffering. The state and banks aren't gonna roll over. I hope humanity learns about hard money but it's really incentives that will make or break bitcoin. Free markets and voluntary interactions are the way forward.
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18 sats \ 1 reply \ @mab 3 Jun
I saw a loooooooooot of political and power attention seeking simps at the conference. That expo hall was packed of them. Didn't even see what Vance had to say as I woke up late from partying.
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totally the way to go
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0 sats \ 0 replies \ @gbks 4 Jun
It's super lame. Number go up is twisting everyone.
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We humans love to talk about people as monoliths. This is seldom true and even if it is fair that is only fleeting. The masses flow like a wave.
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I wonder what are lolbertarians and communists alike going to write about when they inevitably realize that Bitcoin was created by and for the preservation of the national security state, not to destroy it?
Leftists (globalists) who poisoned the well for most of the last century are all of a sudden surprised that the disruptive thing aligns right (nationalist)?
Libertarians that complained about losses in property rights and shackling of the invisible hand are now all of a sudden clutching their pearls because those same issues they complained about were a threat to national sovereignty and so nations are fighting back (and winning)?
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