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RE: Donald Trump And Bitcoin

in LeoFinance4 months ago

He was completely against it last time he was in power... and I'm sure it's because so much of his wealth is tied up in the USD, he's not going to help anything that potentially diminishes his wealth.

He also told a Christian religious group that they only have to vote for him one more time and then they'll never have to worry about voting ever again. It's wild to me that crypto folk would consider voting for an authoritarian government just on the promise that Bitcoin might go up.

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I used to be surprised by many people in crypto supporting authoritarians until I realized a lot of people in crypto have no principles whatsoever and are motivated by absolutely nothing but short-sighted greed.

Yeah, I absolutely hate that. Crypto used to be about solving problems, particularly for those who are neglected by institutions and corporations (ie, the unbanked, people taken advantage of by overdraft fees, etc) and now it seems to mainly be a vehicle for rich people to get way richer and everyone else will let them as long as they might also potentially make something along the way.