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Article: Gloves are Off: Cryptocurrency vs Hypocrisy

Started by trilight, Mar 17, 2023, 05:17 PM

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Establishment of hypocrisy

The first hypocrisy is regulation. Bitcoin was created in 2009 for a specific purpose and with a vision: "a purely peer-to-peer version of electronic cash that allow online payments to be sent directly from one party to another without going through a financial institution", quoting Satoshi Nakamoto himself. Recent talks showed some want to make Ethereum a security, and by extension many coins managed by crypto-outfits. This corrupts the vision behind Bitcoin by especially those who claim to embrace it as at the end all cryptocurrencies are children of Bitcoin. Regulators want to fit them into a rigged system, the same that regulates banks and traders which created never-seen-before levels of inequality on our planet...