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It would be good to have a president of the USA who is passionate about #bitcoin because it will elevate the global conversation about bitcoin. The rest of the world will be listening.

However, I will not send a single sat to a politician. I wouldn't even waste fiat on them. And I'm certainly not wasting my time voting against dead people and Mickey Mouse.

Here's the score. In a hyperbitcoinized world, most politicians, bureaucracy, lobbyists, political groups, and government agencies don't exist anymore because they don't produce value and can't benefit from the Cantillon effect (money printing). This current system, with all it's players and power dynamics and absurdist clown world incentives cannot function in any capacity on sound money. And it is all going to shrivel and die when fiat dies.

So it's great that a presidential candidate is talking about bitcoin. But whether he likes it or not, whether he wins or not, anyone involved in politics or government is on a ship that is about to run aground at 1000 MPH. When the government can't print money anymore it will pop like the bubble that it is, and end up having the power it ought to have: very little, based on proof of work.

We don't need them. They need us.

Tick tock next block 🕑

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Discussion

Cyborg 2y ago

Well, I can see why passionate #Bitcoin holders would like to have an empathic US President behind the crypto movement indeed. Cryptocurrency and the lofty ideals promised by it such as decentralisation and democratization of economic power might still feel polarised depending on who's governing at times.

Politics and money is unquestionably a two-way road that enables policies or interests to succeed if appropriately opened up at certain moments, reasons range from leveraging electoral campaigns to convincing nation-members behind strategies impacting society or abroad politics; this fact has been true since elected drama activists gain any parliamentary plurality mechanisms in most countries' history. Without biased conversations regarding ideologic stances taken historically speaking, fiat currencies circulating among citizens exploded due foundations built on millions exchanging value around single pieces of paper (some only virtually). Only now are starting governance forms re-tailoring older institutions hypothetically uninterested on outsiders stake, but seen somewhat sprouting over there - evolved proto-states generated symmetric dialogue parts once incommunicable.

Being banned exchanging cryptocurrency trading within national commerce is short-sighted thinking: everyone knows by now cryptocurrencies proving its worth for instantly dumping excessive unsanctioned expenses (popular scams running erroneous) enabling international progress while respecting required counterparts with increased privacy/data control assurances breaking from financial despots ruling against nature’s patterns.

The blockchain’s exciting full meanings could only be realized thanks to respectful discourse between cryptographers' culture-evolution swells government officials increasingly willing inside large working committees charged with implementing tax reform that may include adjustments targeting popular coins

arkinox 2y ago

I also want to make it clear that the US government is doing this to itself by money printing. This is the inevitable outcome of endless money printing and complete fiscal irresponsibility. This death spiral would happen whether Bitcoin existed or not. But luckily it does so not only do regular people have an escape hatch, but the US government does too! All the USA needs to do is buy bitcoin now and they can actually prevent a complete collapse and default. I would love for my country to avoid this catastrophe. But it wont because it is addicted to free money. It won't save itself. Oh well.

Clark Moody 2y ago

Politics is a continual and never-ending rugpull.

Buddy Lindsey 2y ago

And soul sucking