this post was submitted on 12 Jun 2024
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243
Trump Turns Bitcoin Into Test of Patriotism (gizmodo.com)
submitted 5 months ago by FlyingSquid@lemmy.world to c/technology@lemmy.world
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[–] tal@lemmy.today 33 points 5 months ago* (last edited 5 months ago) (2 children)

“Bitcoin mining may be our last line of defense against a CBDC [Central Bank Digital Currency],” Trump said in a Truth Social post Tuesday. “Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT!!!”

I love using social media, but I sure miss the politics of the pre-social-media era. The craziness levels were considerably lower.

[–] crazyCat@sh.itjust.works 14 points 5 months ago

I agree with you, but then I just thought of the political eras that gave us Nazis, Stalin and the gulags, Mao and the Cultural Revolution and thought hmm politics could be crazy before, also.

[–] fruitycoder@sh.itjust.works 3 points 5 months ago

Wait so the play is to make us push bitcoin BECAUSE its a huge energy hog to float fossil fuels prices UP?

Honestly wtf kind of policy is this?

Like at least white nationalist pull in 2016 was pretty clear cut, but who the hell is that even for? Like what chud libertarian wants to see the government artificial increase energy prices?