Oddbean new post about login | logout Better answer than expected 🤝 I just don’t get bitcoiners that vote for the censorship party
both parties are the censorship party. the real change is locally. advocate for bitcoiners to run in local elections, you have a lot of power as a citizen in america if you take advantage of the local government. bitcoin can succeed if we start locally, city by city, state by state. presidents, republican politicians, and democrat politicians are not going to do anything for bitcoin, no matter what they say to grift for your vote. the grifting obviously seemed to work for trump. we all know he doesn’t give a. damn about bitcoin.
lol what? Who has Trump censored? At least we have a chance for better regulation and smaller government with Trump.
How?
He’s tapping Elon Musk for help with government efficiency/reduction. Elon reduced the Twitter staff by 80%. I doubt they come anywhere near this number though.. Strategic Bitcoin Reserve- He won’t sell the 200k the government currently holds and possibly will buy more. Firing Gary Gensler Banning CBDCs Wants Energy Dominance (nuclear) Creating a Bitcoin advisory council Freeing Ross Ulbricht
I don't see how any of this justifies Trump's re-election as a means for possible "better regulation and smaller government."
Try reading it again.
I just feel as though you're being too gullible when it comes to believing everything Trump has promised. Maybe not the energy dominance part but... pretty much all else seems like a slick way to increase his approval rating.
It’s not gullible. I don’t know if he’ll do all of this but at least there is a chance some of this is happening. Harris has been nothing but hostile towards Bitcoin. It seems like an easy vote for me.
Finally someone seems to be thinking the same way. I'm still new to nostr so maybe I'm just not following the right-minded people but I've been saying this for years. The decentralized component of the Bitcoin network has immense potential, which could play a huge role in the adoption of Bitcoin as a payment system throughout more local economies. Doing so could, theoretically, lead to a continuous reduction for the need of federal assistance. If this does occur, then the state loses almost all relevance.
This is great and all, but they already have. Operation Checkpoint, veto of SAB121, what they put forth in FIT21, IRS taxing it as property, mining/energy, so on and so forth. If you think that we can now form a parallel economy with Bitcoin now while it has now penetrated tradfi via ETFs, that is some pie in the fucking sky thinking. They aren’t just going to turn their heads and look the other way. That said, you are 100% right on Trump at the same time. However, I do think someone like Cynthia Lummis does get it and cares.