tldr; Following the collapse of FTX, progressives like Senator Elizabeth Warren want to completely snuff out the crypto ecosystem, rather than simply enforce the laws to rid it of bad actors. Cryptocurrency is not owned by banks, no middlemen, low fees, fast transactions, and a lifeline from a trapped life of debt and poverty. Warren’s desire to ramp up surveillance on each and every crypto transaction could make someone a target of environmental activists.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
No, because real progressives rely on taking your money and spending it the way they think it should be spent. The core of progressive thought is that people can’t be trusted to act in society’s best interest. Individual actions must be controlled by the state to benefit the majority. Bitcoin defeats this control.
“Real” this “real” that.
Its plain etatism, and this does not come with a colour. If anything, it comes with age.
tldr; Following the collapse of FTX, progressives like Senator Elizabeth Warren want to completely snuff out the crypto ecosystem, rather than simply enforce the laws to rid it of bad actors. Cryptocurrency is not owned by banks, no middlemen, low fees, fast transactions, and a lifeline from a trapped life of debt and poverty. Warren’s desire to ramp up surveillance on each and every crypto transaction could make someone a target of environmental activists.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
No, because real progressives rely on taking your money and spending it the way they think it should be spent. The core of progressive thought is that people can’t be trusted to act in society’s best interest. Individual actions must be controlled by the state to benefit the majority. Bitcoin defeats this control.