• XLE@piefed.social
    link
    fedilink
    English
    arrow-up
    2
    ·
    4 hours ago

    Cryptocurrency has largely been adopted by the rich and powerful to keep speculating while avoiding regulations and taxes. Look no further than how Donald Trump and his family use it to enrich themselves.

    Acting as if cryptocurrency is maligned because it’s “unpopular” is like acting that Donald Trump is a victim because he’s unpopular.

    • FaceDeer@fedia.io
      link
      fedilink
      arrow-up
      1
      ·
      4 hours ago

      And these “rich and powerful” are using Codeberg projects for that? Not, say, LGBTQ+ people living in sanctioned countries who use cryptocurrency to buy HRT?

      Cryptocurrencies are generally open protocols, usable by anyone. Both the rich and powerful and the poor and powerless. Much like open source in general. I’m sure Donald Trump and family make use of other open source projects in their various endeavours, should those be banned too?

      • XLE@piefed.social
        link
        fedilink
        English
        arrow-up
        2
        ·
        edit-2
        4 hours ago

        Cryptocurrencies are generally open protocols, usable by anyone. Both the rich and powerful and the poor and powerless.

        But its most popular uses are to defraud the poor and to allow the rich to speculate.

        I agree with your earlier, more honest comment, that said that cryptocurrency is not inherently bad and Codeberg needs to clarify, but this new claim that it’s going after the “unpopular” is plain wrong.

        • FaceDeer@fedia.io
          link
          fedilink
          arrow-up
          1
          ·
          4 hours ago

          What “new take?” I’m saying the same thing.

          Ah well. You’ll declare me a troll regardless of what I say, the goal determines the interpretation. This is pointless.