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1  Bitcoin / Bitcoin Discussion / Centralised Exchanges are the Biggest Enemies of Bitcoin on: March 06, 2022, 01:55:37 AM
The ideology behind crypto is freedom and liberty from the current government system(s) that are inherently wrong and elitist.

HOWEVER

Centralised exchanges such as Coinbase, Kraken and Binance take a noble idea of bringing Bitcoin to the masses and mock it by affiliating with governments (and governmental agencies) that the very concept of Bitcoin is designed to rebel against.

Big CEXs are killing the original bitcoin spirit by forcing users to pay tax on gains, freezing user's assets, preventing users from using their service depending on their IP and more.

This is horrible. This is not what bitcoin is. This is not freedom. This is not liberty.

Taxes contribute to the regimes that so many of us are against. How can we continue using companies whose values don't align with ours?

Taxes are theft and fund wars and needless bloodshed in countries such as Iraq, Afghanistan and more.

The solution is pretty clear: More projects need to be released that are focused on building sustainable decentralised solutions to enable users to trade and purchase bitcoin (and crypto in general). Right now the main areas of focus need to be security and simple UI/UX interfaces.

And we need to stop using CEX and funding what we are all against.
2  Other / Politics & Society / Payment systems should NOT be centralised. Evidence: Russia on: March 06, 2022, 01:21:15 AM
https://www.theguardian.com/world/2022/mar/05/visa-and-mastercard-will-both-suspend-operations-in-russia

How can 2 parties (US and Ukraine) meet and decide the financial fate of Russia- 146,000,000 people of which 99.99% have nothing to do with the war have to struggle and potentially lose their life savings over something that wasn't their fault.

War IS a crime. But so are blanket bans on INNOCENT people.

One argument might be that "oh Russia needs to be economically pressured".

HOWEVER let's not forget the US- who by the way have provoked this war and have been responsible for countless innocent lives and disruption in the world.
Let's not forget that when the US killed over 2 million innocent people in Iraq none of the top politicians or billionaires were punished. Is that fair?

Anyways the solution to remove all evil is clear: decentralised distributed systems that are not consoled by a single entity.

Bitcoin is what they are scared of it being. BTC
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