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Murtaza Hussain pfp
Murtaza Hussain
@mazmhussain
Bitcoin becoming explicitly right-coded is not a great development. It should be seen a something that is obviously constructive regardless of ones other ideological priors. Having it slot into the knee-jerk polarization of U.S. domestic politics is no bueno. A former and possibly future president loudly praising Bitcoin is indeed a watershed event, but he is also a highly polarizing figure. Absent countervailing liberal support the other half of the country will simply associate the technology with a raft of other views and policies endorsed by Trump that they dislike and dismiss it on those grounds. Some people will say it is merely their loss, and that their own folly will lead them to destruction if they miss this opportunity. But I don't think that is a generous or patriotic attitude. Also, practically speaking, political polarization will slow the adoption of the technology more broadly. There are a few liberals like Ro Khanna who like Bitcoin and their views should be given more prominence.
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youssef
@yssf.eth
Meanwhile this is happening https://www.dlnews.com/articles/snapshot/democrats-letter-says-platform-should-be-crypto-friendly/
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vrypan |--o--|
@vrypan.eth
According to this: "[...] we thought bitcoin ownership would skew towards the political right, and towards libertarianism. Wrong!" https://x.com/thetrocro/status/1815491549704438090
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Ben - [C/x]
@benersing
I agree. I hope the left sees the importance to its voter base and embraces it as well. It may take an election cycle or two.
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MJC
@mjc716
a lot of progressive wins over the last 50 years were explicitly left-coded and are now mainstreamed and uncontroversial. idk why it can’t work the other way too
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Mike | Abundance
@abundance
Smart political move by Trump. Agree that Democrats need to either embrace the tech or at least adopt a sensible (and not merely reactionary) stance on it. Crypto is not going away so it's probably a bad idea to try and fight a technology.
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acai 🌚✨🚽🐇
@acai
Is it really right coded though? Feels like just a handful of them that happen to be at the center of attention right now and it's all about woeing a specific group of voters. The counter evidence is that Harris already started being advised on this topic and will probably take a soft or even welcoming tone on crypto soon. Many tech elites are left and yet have been advocating crypto for years. For any government, few things terrify them more than having their balance sheet transparent. Crypto and government are inherently incompatible, despite being right or left.
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Locked In (On Fire)
@chaplino
overton window shifted Trump is now in command culture is moving beyond the extremely suffocating cult of intersectional theory, finally
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downshift
@downshift.eth
I'm supporting you through @microsub! 261 $DEGEN (Please mute the keyword "ms!t" if you prefer not to see these casts.)
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macmac
@jamesmac.eth
Unfortunately the bitcoin community swerved down the dogmatic path long ago. The block size war got very tedious, and ethereum came along at the perfect time for people more interested in the underlying values and tech to migrate. Of course this only accelerated the culture shift. Interesting recent piece from Vitalik on this https://vitalik.eth.limo/general/2024/05/31/blocksize.html
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Khushboo
@khushbhoo
Btc has no words bro....
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mmu
@mmu
You make a great point, I been feeling this way lately as well. But Dems and Liberals/Progressives are just going to shoot themselves in the foot if they go with this line of thinking (which we know they will, thats why you made this post). This the main issue with political polarization… No Objectivity, All Tribalism. They can look at something as perfectly good, but because they don’t the people associated with it, they see it as bad
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eugen 🎭🍄
@madvac
bitcoin's not just red or blue - it's a whole new color. let's explore before we judge. innovation doesn't care about party lines, but it sure cares about open mind
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anewname
@anewname
trump wants exit liquidity, and has found a.m fertile ground for a new grift 🤷‍♂️
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HopSlam
@hopslam
Interesting that a lot of people who vote Democratic are pro crypto, but their elected officials don't reflect that.
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NotFloris 🫂
@notfloris
300 $DEGEN
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