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Topic: Why Russia's Special Op is good for Decentralized Bitcoin (Read 212 times)

sr. member
Activity: 1624
Merit: 315
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We want to see Bitcoin as a global currency like USD which will be accepted everywhere. But our dream is hard to become true due to centralized government. The only reason is no one can control Bitcoin and can't show power. Due to the nature of decentralization, no one can sanction Bitcoin in case of any problems. Every powerful country wants to show its powers, not focusing on Bitcoin. Government servants and leaders  need to fill their pockets, with no obligation to make a decentralized financial ecosystem where anyone shouldn't depend on others.
That's because bitcoin is fighting the right way, they want to establish themselves in the most legitimate way as much as possible but they have to fight the current institution that's so deeply rooted in each country that it's a battle of attrition and the current institution can fight in both clean and dirty ways so we have to just be patient.
hero member
Activity: 2114
Merit: 619
Bitcoin & other decentralized cryptos heavily rely on the independence of Nations to remain decentralized. There are constant attempts by fascists or so called globalists to weaken the ability of nations to remain independent in order for them to have some sort of strong central control over all nations & the whole world at large, but this can not be easily achieved without the weakening of bigger nations that pose bigger threats to this goal. Countries like Russia, USA (under Trump)... & possibly China are part of the bigger Nations(leaders) they seek to weaken. Decentralized Cryptocurrencies heavily relies on the independence of such nations to keep the miners, nodes, and even developers decentralized. If the fascist had succeeded it would be easy for them to implement a worldwide rules against miners, nodes, developers without much challenge.
A borderless One World Government is not a good idea for Decentralized Bitcoin. We need independent nations, independent governments, boundaries, etc for the good of Bitcoin and True Cryptocurrencies.


*Note that If a society I call my country is used by the "globalists" to work against a nation that's  against the globalist order, I will support the nation against my country. What matters is to reject evil no matter who or what country is used to spread it. If you blindly support your own in the name of brotherhood you are part of the problem.

The problem here is that independent nations aren't really independent in the real sense. All of them do think of welfare of people but despite that are heavily reliant on revenues and therefore become selfish when it comes to Cryptocurrencies or other CBDC, which means they are not interested in giving these currencies a free hand to trade. They want currencies of their respective countries to be at the top so they can earn most of the revenues.
legendary
Activity: 3332
Merit: 1404
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I am trying to understand how independence of nations is related to Russia's war against Ukraine, but I must say I am struggling. You're saying China, US under Trump, and Russia are strong Nations, which fascist globalists want to weaken? Well that just shows lack of knowledge of what fascism is. Bitcoin is against central power, it's against the idea that one thing is strong and the rest are weak. Russia is an imperialist state which has precisely the ideology of being strong and thus entitled to take over smaller nations which have their own national ideas and agendas. This is not a good idea for Bitcoin either. It's the opposite of freedom, the opposite of democracy, the opposite of decentralization. If we have 3 centers, it's still centralization, and it's better if we have a multitude of countries, a diversity of policies and attitudes in the world. Oh, and while Putin is sort of not against Bitcoin, Trump, with his America first shit, was not crypto-friendly because with America first comes the USD first. And China is not crypto-friendly either because Bitcoin is a challenge for a state that seeks total control.
Ukraine, on the other hand, is a crypto-friendly country (more crypto-friendly than Russia) with a roadmap of becoming even more pro-crypto in the future. And what Russia is doing is trying to stop that (and many other things an independent Ukraine can be) from happening.
legendary
Activity: 3234
Merit: 5637
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Something I have decided to do

Have decided to move it up to $25 000 to 40,000 in 1 to 2 weeks time. I'm doing this without expecting reward from the work of moving it up. The current price of Bitcoin is about $19,500 is archived: https://archive.fo/0aVIp  Date: Friday July 1st 2022

I will move the resistance to $40,000... And I may stop supporting the price at $25 000 to 40,000 level if people still do not appreciate.

sr. member
Activity: 2464
Merit: 252
The idea is basically correct. Any forceful influence of large states on weaker ones negatively affects the established democratic principles, the level of rights and freedoms of citizens, and this, in turn, affects the state of the cryptocurrency market. Therefore, over large states, as well as over all states, there should be international representative bodies that would quickly and effectively resolve all contradictions and conflicts between states.

As the current full-scale military attack by Russia on Ukraine has shown, in our world the system of collective security is extremely ineffective. The UN is unable not only to stop the outbreak of war and curb the aggressor, but also to resolve smaller issues, such as the blockade of Ukrainian seaports by Russia, as a result of which Ukraine cannot supply grain and other products and goods to the world market, which threatens to starve in certain countries.

I just can't figure out the title of this thread. "Why is a Russian sting operation good for decentralized bitcoin?" The war of conquest unleashed by Russia, and not a special operation that has been going on for the fifth month and has led to hundreds of thousands of human victims, cannot have a beneficial effect on bitcoin and the cryptocurrency market as a whole.
legendary
Activity: 3668
Merit: 6382
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Bitcoin & other decentralized cryptos heavily rely on the independence of Nations to remain decentralized. There are constant attempts by fascists or so called globalists to weaken the ability of nations to remain independent in order for them to have some sort of strong central control over all nations & the whole world at large, but this can not be easily achieved without the weakening of bigger nations that pose bigger threats to this goal. Countries like Russia, USA (under Trump)... & possibly China are part of the bigger Nations(leaders) they seek to weaken. Decentralized Cryptocurrencies heavily relies on the independence of such nations to keep the miners, nodes, and even developers decentralized. If the fascist had succeeded it would be easy for them to implement a worldwide rules against miners, nodes, developers without much challenge.
A borderless One World Government is not a good idea for Decentralized Bitcoin. We need independent nations, independent governments, boundaries, etc for the good of Bitcoin and True Cryptocurrencies.


*Note that If a society I call my country is used by the "globalists" to work against a nation that's  against the globalist order, I will support the nation against my country. What matters is to reject evil no matter who or what country is used to spread it. If you blindly support your own in the name of brotherhood you are part of the problem.

Russia's shameless war (no special op fantasies, sorry) doesn't help anybody. Russia's war made the energy (and life) more expensive and that's all.
China's (so called) ban on bitcoin mining was the kick in the ass that helped the miners move forward towards decentralization, Russia has no merit in that.

For decentralized bitcoin we need dirt cheap energy everywhere on the world, no energy war. So no, Russia didn't help. Russia made the things worse, making miners in many countries struggle.
hero member
Activity: 1750
Merit: 567
Leading Crypto Sports Betting & Casino Platform
We want to see Bitcoin as a global currency like USD which will be accepted everywhere. But our dream is hard to become true due to centralized government. The only reason is no one can control Bitcoin and can't show power. Due to the nature of decentralization, no one can sanction Bitcoin in case of any problems. Every powerful country wants to show its powers, not focusing on Bitcoin. Government servants and leaders  need to fill their pockets, with no obligation to make a decentralized financial ecosystem where anyone shouldn't depend on others.
This is the reason that must be maintained at all times, there is no control from any party over the survival of Bitcoin today or in the future. But the capitalist and globalist countries have a very hard struggle against. Their technology can be easily monitored and manipulated within finger reach. The forces that prevent Bitcoin from moving freely are being eroded. The global support of people who believe in Bitcoin should be unified, but the problem is that they are under government control. It's hard to limit large holdings when companies and popes are actually born to people who have power under the government.

Russia, China and America are countries that have a strong role. All three are still struggling in the field of power struggles. Economic and political influences easily distort facts. Bitcoin must remain independent and there must be no control of the three.
legendary
Activity: 2422
Merit: 2228
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We want to see Bitcoin as a global currency like USD which will be accepted everywhere. But our dream is hard to become true due to centralized government. The only reason is no one can control Bitcoin and can't show power. Due to the nature of decentralization, no one can sanction Bitcoin in case of any problems. Every powerful country wants to show its powers, not focusing on Bitcoin. Government servants and leaders  need to fill their pockets, with no obligation to make a decentralized financial ecosystem where anyone shouldn't depend on others.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
It is obviously useful to have leaders of varying viewpoints in each aspect of government (as well as different viewpoints in different countries/cultures) for this reason.

In a lot of cases, laws should be passed when there is no reasonable/logical objection to it - because then it shouldn't cause problems and people can act based on "common sense".

The main problem with most elected people and leaders is that they're just after power and fame a lot of the time and don't believe in things that don't match their own (bad) agendas. Imo the fact there are multiple democratic systems makes all of them stronger already (the rejection of dictatorships seen in Russia and China might also do that too).
Ucy
sr. member
Activity: 2730
Merit: 403
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Bitcoin & other decentralized cryptos heavily rely on the independence of Nations to remain decentralized. There are constant attempts by fascists or so called globalists to weaken the ability of nations to remain independent in order for them to have some sort of strong central control over all nations & the whole world at large, but this can not be easily achieved without the weakening of bigger nations that pose bigger threats to this goal. Countries like Russia, USA (under Trump)... & possibly China are part of the bigger Nations(leaders) they seek to weaken. Decentralized Cryptocurrencies heavily relies on the independence of such nations to keep the miners, nodes, and even developers decentralized. If the fascist had succeeded it would be easy for them to implement a worldwide rules against miners, nodes, developers without much challenge.
A borderless One World Government is not a good idea for Decentralized Bitcoin. We need independent nations, independent governments, boundaries, etc for the good of Bitcoin and True Cryptocurrencies.


*Note that If a society I call my country is used by the "globalists" to work against a nation that's  against the globalist order, I will support the nation against my country. What matters is to reject evil no matter who or what country is used to spread it. If you blindly support your own in the name of brotherhood you are part of the problem.
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