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Prior to COVID-19, there were protests going on in 16 different countries. Fast forward to today, there are still protests going on globally [1]. The US has p
by rasengan 5y ago
Prior to COVID-19, there were protests going on in 16 different countries. Fast forward to today, there are still protests going on globally [1]. The US has printed more money in the past 2 years than ever before [2]. At least half the country believes an election was "stolen" [3]. Ghislaine Maxwell is on trial while being linked to some of the most powerful people in the world [4].
Whether or not you agree with the different thoughts people have about any of these things, I think it's possible that there's in fact a movement into Bitcoin borne out of more than just "greed," but instead, fear and hedging.
I agree that there are a lot of horrible shit coin projects out there, but there are also several blockchain projects utilizing the new technology for its intrinsic value of decentralization and what that affords.
Hillary Clinton seems to believe that cryptocurrencies are about nation state vs the next social mechanism [5]. It's likely true, and that change is being brought forth by blockchain. Books changed the world. Churches changed the world. Radio and TVs changed the world. The Internet began to decentralize it... and blockchain is finishing the job.
[1] https://i.redd.it/8csx4xepjm381.png https://i.redd.it/8csx4xepjm381.png
[2] https://fred.stlouisfed.org/series/M1SL https://fred.stlouisfed.org/series/M1SL
[3] https://www.theguardian.com/us-news/2021/may/24/republicans-2020-election-poll-trump-biden https://www.theguardian.com/us-news/2021/may/24/republicans-...
[4] https://www.nytimes.com/live/2021/12/06/nyregion/ghislaine-maxwell-trial https://www.nytimes.com/live/2021/12/06/nyregion/ghislaine-m...
[5] https://www.bloomberg.com/news/articles/2021-11-19/cryptocurrencies-can-destabilize-nations-hillary-clinton-warns https://www.bloomberg.com/news/articles/2021-11-19/cryptocur...