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Topic: Does Bitcoin weaken the Wests ability to fight enemies of freedom? - page 2. (Read 228 times)

member
Activity: 65
Merit: 24
The US is the military arm of the WEF, and as such is one of the greatest enemies of freedom. Bitcoin gives us the chance to resist the banking oligarchs, who are seeking to restrict our freedom.

Prefer to live in Russia, Iran or China would you?
legendary
Activity: 1288
Merit: 1081
Goodnight, o_e_l_e_o 🌹
One of the most valid criticisms of Bitcoin is that it reduces the ability of the Unite States to sanction enemies of the West e.g. the billions of dollars in accounts belonging to Russians confiscated last year after the invasion, and the kicking off of Russian banks from the SWIFT network.


Bitcoin was created with many things in mind but one of the most famous reasons bitcoin was created is to be an alternative currency used by humanity in purchase of goods and services and also in other transactions. This clearly means that bitcoin is money.
And having an alternative of spending money other than the Fiat money is a good one.
For instance in my local banking, one of the banks was febiting people's account for no reason. And since I had an account in another bank, I simply moved my money to the other bank and stopped using the former bank.

This is the situation with the west as you discussed in the topic. If you are stopped from using one pattern of payment, you have no option than to embrace bitcoin because it is an alternative and the representative of freedom.
legendary
Activity: 2814
Merit: 2472
https://JetCash.com
The US is the military arm of the WEF, and as such is one of the greatest enemies of freedom. Bitcoin gives us the chance to resist the banking oligarchs, who are seeking to restrict our freedom.
hero member
Activity: 2366
Merit: 838
One of the most valid criticisms of Bitcoin is that it reduces the ability of the Unite States to sanction enemies of the West e.g. the billions of dollars in accounts belonging to Russians confiscated last year after the invasion, and the kicking off of Russian banks from the SWIFT network.
Please don't distort the usability of Bitcoin like this.

Bitcoin serves everyone, every nation want to use it and it was not created to support terrorists or dictators or help any country to exploit sanctions.

If you think of Bitcoin like this, weaken the sanctions against bad countries that break world standard about freedom or any standard, please think of guns and gun powder. They were not created to kill people and to create wars by Nobel but later people use those discoveries in many different ways.

Bitcoin is the same and it can be used for many use cases and has wide usability. It can help many people and it is a biggest helpful usability of Bitcoin. Think of positive contribution from Bitcoin please. For negative effects, we can not control it and initially Bitcoin was not created to serve bad or immoral activities.
member
Activity: 65
Merit: 24
One of the most valid criticisms of Bitcoin is that it reduces the ability of the Unite States to sanction enemies of the West e.g. the billions of dollars in accounts belonging to Russians confiscated last year after the invasion, and the kicking off of Russian banks from the SWIFT network.

Given we are now moving back to the war portion of the war-peace geopolitical cycle, using the dollar and the traditional monetary network to sanction enemies is going to become more important. Does Bitcoin weaken the West's position? It's obvious to most people that the West has a growing number of enemies whose values are antithetical to freedom - mainly Russia, China and Iran. Therefore the problem Im outlining is going to become more into focus.

What's a good argument here, beyond "well the dollar-based sanctions weren't very effective anyway"?

Note:  I dont want to go down the road of whatabouttery and arguments about how the West is no better than Russia/China. It clearly is, and needs defending.
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