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Author Topic: A Vote for Biden is a Vote for The Death of The American Crypto Industry - CH  (Read 53 times)
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July 19, 2024, 01:07:30 PM
 #1

Charles Hoskinson, the co-founder of Cardano has refuted Vitaliks view on how the crypto community should vote in the upcoming presidential election. Here's the background story from WB News:
 
Quote
Vitalik published an article arguing against choosing political allegiances solely based on a candidate's stance on cryptocurrency. It emphasizes that the original values of the crypto movement, rooted in the cypherpunk ethos, prioritize broader freedoms and decentralization rather than just financial freedom. The author warns that focusing narrowly on "pro-crypto" candidates can lead to supporting politicians whose broader values may not align with those of the crypto community. The article stresses the importance of considering a politician's overall vision for technology, privacy, and internationalism, rather than just their stance on cryptocurrency. It also highlights the potential dangers of aligning with authoritarian regimes that support crypto for their own benefit while suppressing individual freedoms
https://vitalik.eth.limo/general/2024/07/17/procrypto.html
In his own view, Hoskinson said:

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"If politicians understand that bullying and harassing our industry translates to lost elections, then they avoid doing that. A vote for Biden is a vote for the death of the American crypto industry. In 2024, be a single issue. Vote for pro-crypto candidates. If they know we are willing to reduce it to that wedge point, then they will both moderate and leave the industry alone. Otherwise, they will never change."
https://x.com/IOHK_Charles/status/1813672240388747740

What do Elon Musk and Satoshi Nakamoto have in common?
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July 19, 2024, 01:29:53 PM
 #2

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Vitalik published an article arguing against choosing political allegiances solely based on a candidate's stance on cryptocurrency.
This is the first time I agree with the creator of the biggest shitcoin in the market.

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Vote for pro-crypto candidates. If they know we are willing to reduce it to that wedge point, then they will both moderate and leave the industry alone. Otherwise, they will never change.
That's wishful thinking.
When it comes to governments, they are all fundamentally the same. They want to have full control over everything including the "crypto industry". That means the harassments of American businesses won't stop with different presidents in office. They'll all continue pushing for more KYC, shutting down more privacy improving tools, and generally speaking tightening their grip around the industry.

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July 19, 2024, 03:45:54 PM
 #3

To keep honest finances alive we need to vote for dishonest financiers?   Sad   Bitcoin is a revolution, not a medium shift for scammers.

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July 19, 2024, 03:51:07 PM
 #4

I stand to strongly agree to what Charles Hoskinson has to say regarding Donald Trump in this forth coming United States of America presidential election, because ever since Trump's involvement in Crypto and Bitcoin to be precise, I have always known this was political and not a genuine love for the crypto community. He knew that with the crypto community, he stands a better chance of having lots of votes, but what he failed to understand was that he has got bad track records that can never be forgotten, just like in this statement below which he said on his official Twitter handle of over 87.7 million followers while he was still the president of the United States.


 
Above is a tweet about him saying he is not a fan of Bitcoin or anything crypto, and as such how sure are we if he finally wins, he won't start fighting the crypto community, simply because he has already gotten what he needed




Above is a tweet about him saying US dollar is the only recognized currency in the United States of America, so how sure are we if he finally emerge president he won't fight big crypto giants such as Binance and e.t.c


R


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July 19, 2024, 03:56:00 PM
 #5

^^^ Bitcoin can't be used as regular money. If the banks and the power grid collapsed today, people could still use the fiat they held in their hands. What about Bitcoin. Bitcoin would be gone in a collapse like that.

However, a vote for Biden is a vote for the death of the whole country.

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July 19, 2024, 04:17:53 PM
 #6

A vote for Biden is a vote for the people pulling the strings from the shadows. If anybody believes that Biden makes decisions he's dumb. The man doesn't even write hes own speeches. If you were to turn off the screen he reads from, he'd go silent and start looking around for help. He's a puppet. Other people lead him to where he needs to be, other people write his speeches, other people read documents for him and tell him what to sign. You should be asking who these people are. I don't even think that it's Kamala and Elizabeth Warren. I'm talking about people who don't show themselves in public. People who excluded the highest vantage point from the security plan at Trump's rally and people who tried to spread fake news that he called war veterans losers.

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July 19, 2024, 04:27:32 PM
 #7

In my opinion, asking for candidates to be aware of things as important as privacy or the importance of decentralization is asking too much from them. In reality, most politicians do not actually understand what decentralization is about and how it could be used to created more transparency in payments and even in voting systems.
If one pays attention to how politics has devolved, one will realize that the quality of western politicians is getting worse and worse, to the point they do not longer discuss policy, but rather lean onto populism.

We should not quickly assume a candidate actually knows what cryptocurrency is about, only because he seems to be in favor of it, instead we must at first assume we are being manipulated or used as a niche voting population for them to seek and climp up to power. I think that is what the Republican party in the United States is trying to do with their alledged position on Bitcoin.  In the end, the like centralization as much as democratz do.

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