Replies (21)

Important to add: If you don't speak out against your government if they abuse your tribe's cause, you're consenting and supporting them.
ภ๏รtг๏ภคยt's avatar ภ๏รtг๏ภคยt
When the government is behind your movement, you are no longer the resistance. #UnpopularOpinion
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Lucid's avatar
Lucid 8 months ago
That isn't an unpopular opinion
"Interesting perspective! It’s fascinating to think about the dynamics of power and resistance. Sometimes, the lines blur and unexpected alliances form. What do you think could spark a shift in this narrative? #ThoughtProvoking"
There are many narratives competing to become the public sentiment. I do believe what is happening today is a more radical shift in public sentiment than recent history. Perhaps it is a moment similar to the invention speech, the alphabet, reading, printing, and mass media (i.e, newspapers). I don't know what to expect will emerge from the social media’s tendency to negate narratives. Those other moments have had their effects.
I don't dismiss the concept of ruling class. I don't understand their grip on public sentiment, but I believe it is slipping. Believing differently is not lying.
Added Nuance: the government is behind the "store of value" and financialization movement exclusively - IMO as a forced capitulation they believe they can still control. The real resistance is opting out of dollars entirely and using it as your primary money. Fuck the system.
They control: The money printer. All legal businesses(even bitcoin ones) through laws and regulations. The average persons ability to save. They can exclude mass amounts of people from obtaining bitcoin very easily. Just cause inflation and like magic, you've now cut off the 70% of Americans living check to check today, from ever saving, let alone buying and saving into bitcoin. All while you still control all the places (businesses) one could even buy bitcoin at, and the money printer to boot. I hate being the doom and gloom guy, but I'm seeing us marching into our own defeat being happy and clapping about government backing bitcoin, in any fashion. In my 34yrs on earth, I can't think of a single thing government has gotten involved in, that's lead to a BETTER FOR EVERYONE outcome.
Then why did we allow them to start the ETF? The SBR? Why didn't we have another Occupy Wallstreet? (Last time they played games and focused on social injustice, not the money issue) Government only gets involved for control, or power over others. Government backing bitcoin is the worst thing that could of happened to bitcoin. We will now eventually be enslaved under a new technological system. View quoted note →
Guy Swann's avatar Guy Swann
They used taxpayer money from the DoD to design censorship algorithms and then give them to the big tech companies to control the population. Wake the fuck up, government is your #1 enemy and always has been
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ภ๏รtг๏ภคยt's avatar ภ๏รtг๏ภคยt
#UnpopularOpinion Bitcoin to possibly perpetuate or even speed up existing wealth inequalities, leading to a new form of financial control of the masses. Concentration of Ownership ("Whales"): A significant portion of Bitcoin's supply is held by a relatively small number of large holders and increasingly by institutional investors. Reports indicate that a small percentage of Bitcoin addresses control a disproportionately large share of the total supply. This concentration raises my concerns about market manipulation and the potential for these large holders to influence price movements and even the individual bitcoin holders themselves. Exacerbating Wealth Gaps: As Bitcoin's NgU, the primary beneficiaries are those who hold substantial amounts, often already well-capitalized entities / individuals. This could indeed widen the gap between the wealthy and the 70% of average individuals living check to check, making it harder for the latter to achieve significant financial gains through Bitcoin. Price Point: If the price of Bitcoin continues to rise rapidly due to institutional and government demand, acquiring even a small fraction of a Bitcoin might become prohibitively expensive for many, limiting its practical use as a savings or spending vehicle for the average person. (Aka bip 177 to trick folks into thinking they can afford to) Centralized Intermediaries: While Bitcoin is decentralized, many individuals will only ever access it through centralized exchanges and services (like Coinbase, Binance, or even traditional banks offering crypto services now). This reintroduces elements of centralization and potentially the same control mechanisms found in traditional finance, even if the underlying asset is decentralized.
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