- cross-posted to:
- politics@lemmy.world
- cross-posted to:
- politics@lemmy.world
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If you needed more proof that crypto is a giant fraud scheme: Republicans love it.
Republicans love $ too. So, a fraud scheme, yeah?
That is a truly simplistic way of looking at things. Don’t. I am as left as you can possibly be and yet I absolutely hope that bitcoin and blockchain tech would take off.
When I say blockchain tech, I don’t mean shiity scam coins, I mean “election data on an immutable public ledger” type of tech…
One can dream.
You don’t want elections anything mixed with computers until computer architectures are more robust and verifiable. Not to mention that to mess with elections takes much fewer resources when they’re digital than when you have to corrupt thousands of vote counters.
Just gonna leave this here https://xkcd.com/2030/
Exactly. I used to want digital election, and then I thought about it for half a second a realized how stupid that is.
I’m 100% in the camp of universal mail voting. We can use machines to count votes, statistics and manual counting as a check against bad machines, and individuals can check if their ballot was counted properly. Blockchain can potentially be a part of that, but it should never be the core part.
I don’t trust voting machines at all, paper ballots all the way. Maybe eventually we can do public key crypto, but not now.
I’m with you. However, the current state of things is not what I envision when I think of decentralized currency and immutable public ledgers.
Bitcoin operates just like the talibangeilcals. Full of grifters, thieves, and belivers who get screwed by the former.
yeah! cr*pto is the world’s 1st decentralized ponzi scheme
Aren’t all ponzy schemes decentralised?
thinly veiled giveaway to crypto speculators
So in other words invest government money and taxpayer looses everything once the price plummets. Well done!
Been done in El Salvador. This is going to be a grift on the US tax payer of EPIC proportions.
Damn as much as I hate crypto, I hope El Salvador held onto that rather than selling on the drop
We are on the tail end of the crypto grift. Getting the largest country on earth to invest in Crypto is basically the last gasp before the bubble deflates and cleans all the suckers out.
Totally agree with you. I just figure if they bought at like $40k, selling at $20k when it’s now at like $100k would have sucked haha.
i love it. anything to make texas bankrupt
Texa ns already are.
Source: Am Texan, declared bankruptcy a few years back.
What a great way to embezzle tax funds!
“Strategic” lol
Take your bitcoin and flush it down the toilet where it belongs.
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I wish I had my ID so I could register to buy some bitcoin…
How they gonna mine bitcoin without enough electricity to heat their houses? Maybe Cruz is doing research in Cancun.
War on Griftmas!!!
Is Texas about get rug pulled?
