Bitcoin is not without consequences that are felt disproportionately by the very people held up as the ideal target demographic. Bitcoin almost resembles a colonialist plot to destabilize less developed countries.
Bitcoin mining is being blamed for massive blackouts in Iran.
https://www.bloomberg.com/news/articles/2021-01-13/bitcoin-blackouts-and-smog-are-exacerbating-iran-s-virus-woes?sref=frV97TwV
Is allowing tech companies to decide who they do business with de-centralization of regulation? I thought de-centralization in all things is good?
Every multi level marketing scam "sells" products, but the real money comes from attracting more people to the network. How much attention do advocates spend discussing services vs price? I wonder why... #bitcoin
Want to launder money with the FinCEN's regulatory seal of approval? Set up a crypto exchange!
http://www.tr0lly.com/crypto/how-regulation-empowers-crypto-exchanges-to-facilitate-money-laundering/
A Must Read on Why Tether is the Mother of All Crypto/ Bitcoin Scams/Manipulations:
The Bit Short: Inside Crypto’s Doomsday Machine https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3
