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RD's avatar

Crypto is the perfect, decentralized currency for a thriving democracy.

As Governments continue to centralize power, the push for a digital currency is a democratic disaster that will eliminate untold swaths of freedom that only cash can provide.

It will give Governments full control over the people, rather than the people having full control over the Government.

Society in general (and not just the US) are quite literally headed toward a dark, dystopian future and there doesn't seem to be a way to stop it.

I believe many people are counting on Crypto being that solution.

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DJ's avatar

It's unfortunate because there are some narrow use cases for crypto, and smart regulation would make it easier to stop scams. I wrote an open letter of specific applications to the chair of the House Financial Services Committee after the election.

https://djcodes.substack.com/p/open-letter-to-rep-french-hill

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