Totalitarianism and crypto go together like a water and oil

Anyone remember the "energy Bitcoin mining" angle some political misleaders and state propaganda dubbed "free media", mostly hailing from West-Europe and North-America, kept spewing out the past couple of years? Well, it turns out that dementia patient Joe Biden is now considering a 30% tax on electricity for Bitcoin mining.

Wow, how Nostradamus visionary-like of our mans Vitalik Buteramus to switch from PoW to PoS just one year before all this actually started to unfold in practice huh? That was certainly an ingenious move that will make Ethereum the undisputed number one in the crypto world as surely nothing can stop it now.


Ohh never mind. Turns out, and we covered something similar like this not so long ago with Binance, that you can not reason with totalitarianism. You simply can not. It doesn't matter whether you are "green" or PoW or never held an ICO or whatever criteria you have. When you are not under the full and undisputed control and 100% adhere to totalitarianism, sooner or later it is coming for you and will spare no expense in self-ridicule and contradiction in order to do so.

I should clarify though, that ETH did not move to PoS solely to circumvent government targeting and coming policies on PoW and that this lawsuit will probably not succeed in proving anything. But then again, something tells me that this will not be the last one and that it will not end here either. In the meantime though, all we can do is laugh. Yes laugh, LOL, hahahaaa, laugh at the control freak joke that is fascism which pats itself on the back and despite everyone shifting away from their once global reserve currency, somehow thought it was cool and a stroke of genius to come out and say that their Dollar CBDC will make the crypto markets obsolete.

Yes because the reason people take a liking to crypto, the reason their main European allies launched their own currency, the reason that Russia, Iran, Venezuela, Cuba, Libya and a dozen other countries dumped the Dollar and opted for alternatives, the reason that Chinese Yuan is being used as a replacement for the Dollar in numerous nations rich in natural resources, is because the US Dollar wasn't controlling enough and could only indirectly target their Dollar holdings via (often illegitimate) sanctions and thus not immediately meddle with these countries' economy or directly confiscate every single Dollar in their accounts. With the CBDC all that will change so I'm sure they will all jump right back aboard.🤡

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Geo-Political & Economical developments
Geo-Political & Economical developments

Things are almost never as they seem. If you sincerely think that world powers would spend their money and resources in order to just "help" citizens from foreign nations, you might want to ask yourself why they've been neglecting and out right murdering their own citizens for decades. What are their true motives for wanting to fund foreign (terror) groups, start global confrontations and wars? I'll let you in on a little secret; It has NOTHING to do with "human rights" nor "democracy".

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