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The Nationalist Case for Bitcoin
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The salient position held by nationalists about what a nation’s economy should look like can be defined by a policy called ‘autarky.’ Broadly speaking, this refers to an economic system of self-sufficiency by limiting trade and economic interaction with other peoples. The purpose of pursuing an autarkic economy is to be self-reliant. In other words, to limit economic interaction with outsiders who may, in your economic dealings with them, take advantage of you and make you dependent on their resources, services, and potentially even their currency. This, in turn, could lead to your exploitation and your people’s decline.

Since the Second World War, there arose a globally interconnected economic system superimposed and dominated by the United States. As currencies became pegged to the U.S. dollar, and decisions made by American bankers and finance had catastrophic knock-on effects for the economies of the world, self-sufficiency and self-reliance appeared to be pipe dreams. In fact, leaders from Mohammad Mosaddegh to Salvador Allende to Muammar Gaddafi found out what the consequences were for enacting forms of economic nationalism. As well as its economic and military empire, the Hollywoodization of culture, and thus the normalisation of American hegemony, has contributed to the consolidation of America’s dominance over the global economy, much of its resources, and potential adversaries.

There are, however, cracks appearing in the international system that provide opportunity to shake off the yoke of dollar imperialism and the weaponization of money (e.g., sanctions or de-banking individuals who are criticising a regime). For example, as it relates to the former, data from the International Monetary Fund has shown a gradual decline in the U.S. dollar’s share of global foreign exchange reserves. In the 1970s, it accounted for around 85% of reserves whereas estimates in 2022 showed this share had dropped to 58%. One reason for this is that ostracised states from the American-led international regime, such as Russia and China, are trying to become self-sufficient by taking the lead in de-dollarisation; this basically means trading in non-dollar currencies. These countries have also launched an alternative to cross-border payment mechanism to the American-dominated SWIFT (Society for Worldwide Interbank Financial Telecommunication) system.

With regards to the weaponization of money, a tactic used against European nationalists especially, there arises a new opportunity with a new technology to resist this economic censorship and to use that new technology in the advancement of our traditional values. That technology is Bitcoin. There have been many books and articles written, as well as many podcasts recorded, explaining the origins, uses, and implications of the cryptocurrency. This article will, however, make the case that European nationalist parties must endorse the use of Bitcoin as a legal tender and as national reserve assets in their respective nations. The reasons are threefold.

Firstly, it promotes national sovereignty. Nationalism is a worldview that upholds the belief that the legitimacy of a state is derived from the ethnic, ancestral, and cultural unity of those it governs. This sense of organic unity is crucial as it gives rise to trust, harmony, and a shared identity, which are necessary for the smooth functioning of a society. A society can maintain a cohesive and stable state with this shared identity. Defining and protecting national borders and identity is driven by the deep-seated natural desire for political sovereignty and self-determination, which will always be there for people who share a common heritage, traditions, and a homeland.

These things are undermined by reliance on foreign-controlled financial systems and currencies, especially the U.S. dollar. When a nation depends on external monetary systems, it forfeits its autonomy in shaping its own economic future. This dependency not only makes a country vulnerable to foreign shocks and sanctions but also allows outside powers to influence its domestic policies. Bitcoin offers a way to reassert monetary sovereignty. Unlike fiat currencies, which are printed at will by central banks (often to the detriment of savers and workers), Bitcoin operates on a fixed, transparent supply schedule governed by mathematical rules rather than political decisions. It is immune to the inflationary policies of foreign powers, and its decentralized nature makes it impossible for any single actor or institution to control.

Second, Bitcoin is inherently resistant to political manipulation, censorship, and exploitation. One of the defining features of Bitcoin is that it is permissionless and decentralised. This means no central authority can freeze accounts, reverse transactions, or exclude users based on specific characteristics, such as one’s political beliefs. For nationalist movements and dissidents who find themselves de-banked, demonetized, or digitally silenced, this is crucial. Bitcoin enables economic participation outside the reach of hostile financial institutions and international bodies. We have already seen European nationalist figures and parties face politically motivated banking bans, payment processor de-platformings, and sanctions. Bitcoin renders these tactics impotent. It allows nationalists to build parallel economic infrastructures whether for donations, commerce, or savings outside the framework of globalist financial control.

Third, Bitcoin provides a gateway for engaging with younger generations who are already disillusioned with the existing system. The youth today live online. They understand digital value, they are familiar with crypto, and many already hold or trade Bitcoin. But they are also increasingly alienated—economically disenfranchised, spiritually unmoored, deracinated, and searching for purpose. Nationalism, rooted in identity, tradition, and belonging, speaks to that need for meaning in the most natural way. By aligning with the technologies and values of a generation that has grown up in the ruins of liberalism, nationalist movements can both modernize their appeal and channel that discontent into political action. Bitcoin becomes not just a tool of resistance, but a bridge to the necessary revitalisation of the youth.

In conclusion, Bitcoin offers nationalist movements a rare and powerful convergence of values and utility. It promotes national sovereignty by enabling monetary independence. We cannot speak of being sovereign because our capital cities are disproportionately populated with other groups when we are still monetarily occupied by much larger, destructive, and powerful forces. Bitcoin offers a form of resistance to this political and financial coercion. It creates a cultural and strategic opening to a younger generation already primed for change. While it would be naive to see Bitcoin as a panacea, it is an indispensable weapon in our broader struggle to reclaim national self-determination in the 21st century. European nations must not only legalise its use but incorporate it into their national strategies of achieving power as a hedge against global instability, as a statement of sovereignty, and as a pillar of a future built by and for our own people. Bitcoin is not just digital money. It is a tool for national and civilisational renewal.

 
• Category: Economics, Science • Tags: Bitcoin, Cryptocurrency, Dollar 
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  1. Anonymous[388] • Disclaimer says:

    Ctrl + F + “jew” = “”.

    Nationalism is a worldview that upholds the belief that the legitimacy of a state is derived from the ethnic, ancestral, and cultural unity of those it governs.

    Nationalism is a Gentile concept and with the imminent advent of Pax Judaica the word will soon be redundant altogether. The Jews have near absolute control of our money right now (ask a Canadian trucker what the ownership of ‘his’ money means in practice). The coming CBDC system will redefine “money” further, such that it will no longer make sense to speak of “ownership” at all. You will “own” CBDC tokens merely in the sense that so long as your credit score is sufficient you may be permitted to spend them – assuming of course that you have surrendered your biometrics and subscribed to Big Pharma’s Immunity-as-a-Service (IaaS) model with the Vaxx.

    Bitcoin was a great idea implemented brilliantly. Furthermore, it was based on the sound Utopian principal of full sovereignty over one’s money. Why didn’t it (and won’t it) gain widespread adoption? Because 99% of people prefer convenience over liberty and securing your private keys is just a PITA. When the Great Taking hits they will learn, but then of course it will be too late. Also, any politician – nationalist or otherwise – advocating for the adoption of Bitcoin as national currency will find themselves going the way of Qaddafi faster than you can say “bayonet in the ass”. Even that darling of the alt-right; Bukele has been forced into accepting an IMF loan on the condition that Bitcoin as legal tender be non-compulsory in El Salvador.

    Nope, money is power and the BIS-centered CBDC system will represent absolute power. Bitcoin’s role in history appears to have been to popularize the idea of digital money – oh the irony. Unless Satoshi Nakamoto turns out to be the second coming of our Lord we must look elsewhere for salvation.

    • Replies: @Golven
  2. Anonymous[317] • Disclaimer says:

    AI is going to crack bitcoin encryption.

    It may take a few years but it will happen–and ten years after that nobody will remember what Bitcoin was….

    and a bunch of youngsters will be older but wiser.

    • Agree: Titus7
    • Replies: @Bad Goyim
  3. anonymous[318] • Disclaimer says:

    Bitcoin is a ponzi scheme, currently propped up in its final phase by the huge surge of ‘government investment’ in bitcoin, desperately being promoted by bitcoiners

    Ironic given the whole selling point initially was that it was ‘not under control of governments’ … Now the governments are the core of propping it up before the final rugpull, and bitcoiners are begging governments to buy into the ponzi

    Whilst new advanced computing power is close to smashing bitcoin’s now aged and ancient ‘security’ parameters

    There always was an intrinsic limit to the number of people willing to sign on to this kind of complex and weird and unstable form of ‘money’ … Shilling like this article simply does not have an audience ready to swallow this. Those inclined to this weirdness, mostly already signed on to it.

    Go onto forums and you find people talking about ‘mysteriously’ losing huge amounts of ‘investment in bitcoin’, not just via the more blatant scams and ‘crypto exchanges’ problems, but simply that their personal ‘bitcoin wallet’ codes just stopped working etc

    The co-founder of Russia-based cybersecurity firm Kaspersky Lab baldly stated: Bitcoin is a project of American intelligence agencies, which was designed to provide quick funding for US, British and Canadian intelligence activities in different countries.

    https://www.express.co.uk/finance/city/907323/Bitcoin-created-spy-US-government-CIA-MI5-secret-mission-fund-pay-price

    • Agree: Brad Anbro
    • Replies: @Bad Goyim
    , @Bad Goyim
  4. Bad Goyim says:
    @anonymous

    You quote the Daily Express??

    The sole fact that you believe in such a mendacious tabloid marginalises your opinion.

    Bitcoin is the enemy of Wall Street and central banks, there is brainer for somebody with sense to understand that mainstream media will therefore demonise Bitcoin.

  5. Bad Goyim says:
    @Anonymous

    You are the “half-empty glass” type.
    Somebody who is “half-full glass” type or person will say that in the future AI will enhance Bitcoin.

    And you obviously ignore that Bitcoin is intelligent in itself. For instance: you understand what an “smart contract” is, which is embeded in Bitcoin?

    • Replies: @Brad Anbro
  6. Bad Goyim says:
    @anonymous

    “Go onto forums and you find people talking about ‘mysteriously’ losing huge amounts of ‘investment in bitcoin’, not just via the more blatant scams and ‘crypto exchanges’ problems, but simply that their personal ‘bitcoin wallet’ codes just stopped working etc”

    You refer to forums of LOSERS, and I mean that literally. Those who ‘mysteriously” lose money are those computer iliterate or losers that lose their keys and seeds (multiple passwords).

    Never mind forums of losers, instead listen to the brainy ones such as:
    Michael Saylor
    Max Keiser
    Saifedean Ammos
    Andreas Antonopoulos
    Patrick Melder (The Christian Case for Bitcoin)
    Jeff Booth
    Lyn Alden
    Jimmy Song (Bitcoin & Christianity)

    Here is a good start for you:


    Video Link

  7. meamjojo says:

    BC is backed by air. It is worthless. Eventually, it will collapse and everyone holding BC will lose everything.

    • Replies: @Tennessee Jed
    , @Bad Goyim
  8. @meamjojo

    For once you may be right. Since Trump is pushing it must be another Jew scam.

    • Replies: @Anonymous
  9. @Bad Goyim

    Quote:

    “And you obviously ignore that Bitcoin is intelligent in itself”

    “Anonymous” is 100% correct. Bitcoin IS a Ponzi scheme. As “Meamjojo” says in a post later than yours, Bitcoin is backed by air – or more accurately, by numbers of electrons in the memories of computer servers.

    And –

    “Bitcoin is the enemy of Wall Street and central banks”

    Of course it’s the “enemy of Wall Street and central banks, since the central banks are the world’s largest Ponzi scheme and their fictitiously created “money” (debt) is what fuels Wall street.

    And –

    “And you obviously ignore that Bitcoin is intelligent in itself”

    HOW can something that does not even EXIST, other than being a collection of electrons, be “intelligent?”

    Thank you.

    • Replies: @Bad Goyim
  10. Anonymous[317] • Disclaimer says:
    @Tennessee Jed

    Bitcoin is the classic “pump and dump” scheme.

    Almost without exception everyone pushing it owns some.

    That creates a conflict of interest which means they cannot be trusted.

    If they can get more people to own some then they create an even larger army of self-dealing propagandists.

    There is no limit to human stupidity and greed.

  11. Bad Goyim says:
    @Brad Anbro

    It’s obvious that you are boomer, one of those persons older than 50 years old, who are beyond the point of no return in terms of understanding modern times.

    Bitcoin is a Ponzi scheme? Do you really know what a Ponzi scheme is?
    A Ponzi scheme is a PYRAMIDAL scheme, which means that for the apex to go higher, a much bigger increment of the base needs to grow. A pyramid grows in size by the Thales’s Theorem. But hey, as I don’t expect a boomer like you to know what the Thales’s Theorem is as I don’t expect the stones to bleed.

    In a Ponzi scheme then, which doesn’t obey the geometry laws, when the apex keeps sucking in money without the base (bottom) growing, the Ponzi (Pyramidal) scheme falls.
    Well, Bitcoin keeps growing in value since 2009 and when Bitcoin increases in value, that value increases for ALL the holders of Bitcoin, not just for the executives at the higher levels of the pyramid in a Ponzi scheme.
    Therefore, it’s just ludicrous to say that Bitcoin is a Ponzi scheme. To say such a thing exposes you very poor level of understanding and training.

    As Michael Saylor says: “When I come across a Bitcoin sceptic, my question is: Have you invested your 100 hundred hours of reading and video watching about Bitcoin”?
    So, my question to you: Have you got your 100 hour study?

    Bitcoin is backed by air?
    OK, enlighten us please. And what is your trusted fiat currency backed by?

    “HOW can something that does not even EXIST, other than being a collection of electrons, be “intelligent?”

    Another sign of deep ignorance on the topic. Have you ever heard about BITCOIN MINING? Bitcoin is backed by energy and that energy is what maintains the inner intelligence of Bitcoin.

    Today Bitcoin reached over 90,000 pound sterling. It’s very simple: if it keeps increasing in value, it’s because out there there are more sophisticated, who understand what there are doing and this is happening continuously and uninterruptedly since 2009.

    • Replies: @Brad Anbro
  12. Bad Goyim says:
    @meamjojo

    Bitcoin is backed by air?
    OK, enlighten us please. And what is your trusted fiat currency backed by?

    • Replies: @meamjojo
    , @Ron Unz
  13. @Bad Goyim

    Yes, I am a “Boomer” – I was born in 1951 and graduated from high school in 1969. I do not possess a college degree, but was an industrial electrician during my working lifetime (United Auto Workers Journeyman Electrician).

    During my younger days, I was so busy trying to get ahead that I had no time for studying REAL history and what really goes on in the USA and around the world. During the last 15 years, I have tried to make up for lost time in that regard.

    I have come to the realization that practically everything here in the USA is either a scam, a conspiracy, or a combination of the two. Nothing is as it seems and the mainstream media exists to put out propaganda by circulating lies that “they” want you to believe, or, at best, half-truths. I DO NOT believe ANYTHING that the government says and whatever I happen to hear or see on mainstream media, I tend to believe just the opposite, as that would be a closer approximation to the truth.

    Bitcoin is nothing more than 21st century digital fraud. The ONLY reason that it is “worth” anything is because people THINK that it is worth something. Just like the U.S. dollar. In regard to “mining” Bitcoin, how can you “mine” something that does not even exist, except as a collection of electrons on computer equipment?

    Bitcoin is already turning into the “next” taxpayer-funded scam – all of this electrical energy being used to operate the Bitcoin “mines” who is going to pay for that? The taxpayer. It’s all a big scam and you’re one of the many fools who are falling for it.

    • Agree: Bro43rd
    • Replies: @Bad Goyim
    , @Bad Goyim
  14. meamjojo says:
    @Bad Goyim

    “Bitcoin is backed by air?
    OK, enlighten us please. And what is your trusted fiat currency backed by? ”

    Yes, it is. Are you too STOOPID to understand this? BC could go to zero tomorrow (and I hope it does).

    Fiat currency, OTOH, is backed by the faith and credit of the government that issues the currency, which in most cases, is a lot more reliable than a breath of air.

    D’oh.

    • Replies: @Bad Goyim
  15. Ron Unz says:
    @Bad Goyim

    Bitcoin is backed by air?
    OK, enlighten us please. And what is your trusted fiat currency backed by?

    LOL. It’s backed by the police and ultimately the American military.

    Notice how currency bills say that they’re valid “for all debts public and private.”

    So if you owe taxes or have any debts to repay, you can do so with dollars. If someone refuses to take your dollars, you can ultimately have him arrested. If he resists too strongly, the army will shoot him.

    Bitcoin doesn’t have a police force or a military to enforce its value.

    • Replies: @Bumpkin
    , @Bad Goyim
  16. PapaP says:

    Why must crypto be hashed by computers? Why not people?
    It’s just arbitrary work as a basis for its value; literally a lottery system of “Guess what number I’m thinking” with extra steps.

    A Human-Powered Blockchain would solve the intractable energy scaling problem of Computer-Powered Blockchains and create an alternative/parallel labor economy: they can grind crypto instead of grinding some slave wage W-2 job. Unlike for computers, you can actually make the hashing process fun for people: you can mine as playing a game and have developers compete with each other for miners to play their games thus creating a competitive & self-improving market ecosystem. The whole process converts a real person’s time/energy/attention into a fungible unit of distilled value and establishes a real price floor for labor (thus sidestepping minimum wage and allowing people to earn without having to go through an employer). Not only do you create a stable crypto market backed by labor, but you also increase the intrinsic value of human labor vis-a-vis computer labor/capital.

    Hell, you could even transform the ailing Las Vegas into a giant crypto arcade where people can play/mine/grind games for crypto that can be converted cash. The best part is that you can’t lose money this time; it’s just an opportunity cost with your time/energy/attention (labor).

    Ironically, I always wanted someone to give me a quarter to pay their game…

  17. Bumpkin says:
    @Ron Unz

    So if you owe taxes or have any debts to repay, you can do so with dollars. If someone refuses to take your dollars, you can ultimately have him arrested. If he resists too strongly, the army will shoot him.

    If you have existing taxes or debts, sure, but any business can still refuse to take your dollars up front as payment for their goods or services, just as many currently refuse various credit cards.

    Bitcoin doesn’t have a police force or a military to enforce its value.

    Now that they are worth almost $2.5 trillion, what would stop them from starting either? 😀

    I actually agree with you that Bitcoin will be worthless one day soon, but the guy makes a good point that the dollar and other fiat currencies are doomed also.

    I think we’ve entered a rabid competitive phase for various payment and financial options with the arrival of the internet, and both national currencies and early, flawed digital tokens like Bitcoin will not survive that massive oncoming brawl.

  18. PapaP says:

    I actually agree with you that Bitcoin will be worthless one day soon, but the guy makes a good point that the dollar and other fiat currencies are doomed also.

    It inevitably falls to Shor’s Algorithm.

    • Replies: @Bad Goyim
  19. Bad Goyim says:
    @Ron Unz

    Your dastardly army will shoot me?
    Your evil Yankeestan only shoots defenceless peasants in sandals, like in Vietnam, Somalia, Grenada, Iraq, Lebanon, etc etc. Your despicable evil country can only shoot defenceless poorest countries on Earth, your country is a despicable nation of cowards that not only invade poor defenceless countries, prior to that first they carpet bomb them and only then sends its marines to kill civilians. Get it in your rotten mind , you stupid imbecile filthy yank: your soldiers are valiant and winners only on Hollywood and on Call of Duty!!

    Sod you and sod your dollar!! Don’t you know that the world hates you and your evil country and it’s de-dollarizing?
    And Bitcoin is helping with that, Bitcoin is another tool for the world to kill the evil dollar and kill Yankeestan. Did you read this article, you sad yankee hater??
    This article is precisely about Bitcoin as a means for nationalism, because it’s about liberation from the financial claws of evil Yankeestan. Don’t you understand? YOU SAD THICK-SKULLED YANKEE IMBECILE!!
    Get it in you thick-skulled mind, NOT EVERYTHING EMANATES FROM YANKEESTAN!!

    Finally, note that I call you yankee and not “american”, because you bunch of despicable white yanks have hijacked the name America.
    I’m American because I am from South America, namely Argentina.
    Yankeestan (aka US) hijacked the name America and Yankesestan has nothing to do with the America once mapped by Amerigo Vespuccio. America is the name of the land that encompasses from Central America to the bottom south of South America given in homage to Amerigo Vespuccio by German cartographer Martin Waldseemüller, who in year 1507 produced the first globe atlas and came up with the name America to what was at the time known as the New World.
    In year 1507 nothing was known from central Mexico up north, what is today Yankeestan and Canada hadn’t even been explored. Therefore, the name America given by Martin Waldseemüller never applied to Yankeestan, yet despicable yanks have hijacked the name America for themselves

    Now, run a long way and sod off. Your argument is moot, you sad yankee git.

  20. Bad Goyim says:
    @meamjojo

    “BC could go to zero tomorrow (and I hope it does)”
    You hope that it goes to zero?? What wrong has Bitcoin done to you??
    Ups!
    You sound like an outsider full of envy for not being part of it. Indeed, you are a sad loser and hater that hate what you cannot be part of it. And you are not part of it, just because you are sad thick-skulled ignorant; because Bitcoin is a PERMISSIONLESS system in which anyone can participate, as long that there are some basic intellectual capabilities, which obviously is not your case.

    Not only your argument is moot, you speak as the typical imbecile yankee who believes that Yankeestan is the centre of the universe.
    Sod you and sod your dollar!! Don’t you know that the world hates you and your evil country and it’s de-dollarizing?
    And Bitcoin is helping with that, Bitcoin is another tool for the world to kill the evil dollar and kill Yankeestan. Did you read this article, you sad hater??
    This article is precisely about Bitcoin as a means for nationalism, because it’s about liberation from the financial claws of evil Yankeestan. Don’t you understand? YOU SAD THICK-SKULLED YANKEE IMBECILE!!
    Get it in you thick-skulled mind, NOT EVERYTHING EMANATES FROM YANKEESTAN!!

  21. Bad Goyim says:
    @Brad Anbro

    “Bitcoin is already turning into the “next” taxpayer-funded scam – all of this electrical energy being used to operate the Bitcoin “mines” who is going to pay for that? The taxpayer. It’s all a big scam and you’re one of the many fools who are falling for it.”

    Here we go again, a sad senile yankee boomer talking about what he doesn’t understand.
    Hey you, sad untrained boomer; get this is in your sad thick-skulled brain: NOT EVERYTHING EMANATES FROM YANKEESTAN. Got it???

    No despicable yankee tax-payer involved with Bitcoin, you sad ignorant. Bitcoin is not a yankee government creation. Bitcoin is a permissionless system in which participate people more intelligent than you around the planet.
    Know you sad pathetic yankee boomer -that up to about 5 years ago- China was the main mining force of Bitcoin. Not the Chinese government, but Chinese common people, Chinese entrepreneurs. But as Bitcoin mining was guzzling up too much electricity, then the Chinese government banned the mining of Bitcoin. It banned the mining, but not the use of Bitcoin.
    Nowadays most of the mining takes place is far Eastearn Russia and Kazakhstan, were electricity is cheap.
    Very little Bitcoin is mined in your filthy zombie Yankeestan. In Yankeestan nowadays homeless zombies on fentanyl are mined in massive numbers, not Bitcoin.
    It’s time to shut your sad, untrained and senile gob, you have no idea what you are saying. The more you say, the more you expose yourself as a sad pathetic ignorant yankee.

    And I repeat to you what I have already told to other thick-skulled yankee boomers on this thread:
    I call you yankee and I call your country Yankeestan; because I cannot bring myself to call you american and america to your filthy country.
    Yankeestan (aka US) hijacked the name America and Yankesestan has nothing to do with the America once mapped by Amerigo Vespuccio. America is the name of the land that encompasses from Central America to the bottom south of South America given in homage to Amerigo Vespuccio by German cartographer Martin Waldseemüller, who in year 1507 produced the first globe atlas and came up with the name America to what was at the time known as the New World.
    In year 1507 nothing was known from central Mexico up north, what is today Yankeestan and Canada hadn’t even been explored. Therefore, the name America given by Martin Waldseemüller never applied to Yankeestan, yet despicable yanks have hijacked the name America for themselves

    • Replies: @Brad Anbro
  22. Bad Goyim says:
    @PapaP

    Can you expand and articulate more on Shor’s Algorithm?
    Enlighten us please.

  23. Bad Goyim says:
    @Brad Anbro

    Sad thick-skulled yankee boomer. Have you heard of El Salvador?
    That little country in Central America is currently the capital of Bitcoin. El Salvador has an active volcano and they are going to punch a hole at the base of the volcano, into that hole they will pump water from a nearby river. That water pumped into the hole will hit the incandescent red hot stones and will surge back up at high pressure, in turn, that hot water jet will be used to move an electricity generation turbine and that cheap electricity will be used to mine Bitcoin.

    So, nothing to do with evil Yankeestan and its taxpayer.
    Can you see you pathetic yankee ignorant how Bitcoin is not exclusive to Yankeestan and its imbecile tax-payers???
    Can you see how pathetically ignorant you are on the issue??
    Can you see that not everything emanates or it’s Yankeestan related?
    Can you see how Bitcoin is a matter for national sovereignty and thus a small and defenceless nation against evil Yankeestan is adopting it to hedge against Yankeestan??

    Time to shut up, you pathetic obnoxious ignorant boomer, you are like Johnny English: YOU KNOW NOTHING!!!

    • Replies: @Brad Anbro
  24. @Bad Goyim

    You can call me all the names and make all the derogatory comments you want about me; it matters not in the least. I hear all this B.S. on the “news” about these so-called proposed Bitcoin “mining” operations that will need tremendous amounts of energy.

    I put the word “mining” in quotation marks, because there will be NO REAL MINES, where substances are extracted from the ground, as in copper & coal mining. Apparently these “mining” operations will consist of huge numbers of computers, which will require huge amounts of electrical energy and other supportive infrastructure.

    And guess WHO will be paying for stringing up these new power lines and infrastructure improvements? The existing customers and the taxpayers.

    I stand by everything that I said about Bitcoin. It is a 21st century SCAM.

    • Agree: wojtek
    • Replies: @Bad Goyim
  25. @Bad Goyim

    I do not know what country you reside in, but you write like a World Class idiot.

    Who in the Hell are YOU to say that I know nothing?

    • Replies: @Bad Goyim
  26. Golven says:
    @Anonymous

    Excellent comment and observations. Thanks for posting. I am not close to bitcoin or even CBDCs, but their accelerated development is worrying. We live in disastrous times.

  27. Bad Goyim says:
    @Brad Anbro

    And the thick-skulled and ignorant opinions continue unabated! Here we go again, the outdated minded and untrained boomer spurting rubbish again.

    It’s call MINING because a significant input of energy is needed in order to extract the resource, as in traditional geological mining. The difference in Bitcoin mining is that there is no huge environmental impact as in mineral mining.
    You thick-skulled ignorant pathetic boomer!!!

    And then you insist with the taxpayer… Can you see how thick and senile your mind is???
    I already told you thick-skulled ignorant pathetic boomer, let’s try again: Bitcoin is not a government led project, so no taxes are involved in Bitcoin, you sad pathetic brain dead sad boomer!!!
    Bitcoin is a PERMISSIONLESS and UNIVERSAL system where anybody on planet Earth can take part. I repeat again, because your senile brain has a very long intake: NO GOVERNMENTS INVOLVED in Bitcoin. Is that not yet abundantly clear for your senile and untrained mind???

  28. Bad Goyim says:
    @Brad Anbro

    In which country I reside?
    Can you see how senile and declined is your cognition?? I did say where I am originally from. Read again previous comments and learn, you thick-skulled boomer.
    And I am either a citizen or legal resident of 4 countries: Argentina, Germany, UK and Estonia.
    You see? I can speak two languages at a native level and another 2 languages well enough at conversational level. That’s in big contraposition to you, you pathetic thick-skulled yankee boomer who can only speak one language.

    Who in the hell are am I?

    I am just someone relatively well educated and obviously far better educated and trained than you. This is clear, your comments transpire ignorance all across, it’s clear that you know nothing about Bitcoin.

    • Replies: @Brad Anbro
  29. @Bad Goyim

    I might not know “much” about Bitcoin, but obviously these people do –

    https://wallstreetonparade.com/2022/06/is-the-crypto-threat-to-u-s-financial-stability-889-billion-or-10-trillion/

    As Ann Landers used to tell her readers, “Wake up and smell the coffee.”

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