facepalm
beat me to it by 1 minute!
this one statement should send any bitcoin activist with a crypto ethos running for the hills as fast as possible. this joker is pure poison to everything
Comment on Trump Bitcoin Conference fundraiser tickets top out at $844,600 for Nashville soiree
jungle@lemmy.world 3 months ago
President Trump announced his intention to ensure that all future bitcoin production would take place within the United States, should he be re-elected.
facepalm
facepalm
beat me to it by 1 minute!
this one statement should send any bitcoin activist with a crypto ethos running for the hills as fast as possible. this joker is pure poison to everything
I think that the really notable insight that Trump has had is that the typical voter has no idea what is actually happening in the policy areas being discussed, and that making false or self-contradictory statements isn’t – at least in the existing environment of commentators and media and such – as politically-damaging as is conventionally held to be the case.
he does “love” the uneducated, after all.
considers
Trump polls better among low-education voters, but I don’t think that as interesting as it might seem. That is, I don’t think that an effective counter is “just teach everyone enough about everything to identify holes in what’s being said”. Even if it were possible to bring everyone up to speed on a broad range of policy areas – and it just isn’t – you could always just find less-egregious, more-subtle false statements, adapt to a different audience.
Like, I know a few things pretty darn well, would have expert knowledge on them. There are a lot of areas that I know a little bit about, maybe enough to pick up on things that are false, but I can’t go a lot deeper. And there are areas that I just know nothing about.
If I had to give an off-the-cuff guess as to what a counter would be, I’m pretty sure that whatever has to happen has to involve some level of delegating evaluating statements to people in an area who do have expert knowledge and getting a reasonably-objective take from them. Gotta make sure that someone can’t insert their own experts or the like to get through a statement that they want. And that’s not an easy problem.
I mean, people have taken stabs at it. I’ve seen some sort of fact-checking thing that Google News has in the sidebar, and I’ve seen various media sources aiming to do fact-checking. But I don’t think that, as things stand in July 2024, it’s sufficiently effective, if major-party candidates can just regularly make outright outrageously wrong claims and have them go through.
great reply! I think his actual phrase was… “I love the poorly educated.”, so I didnt nail my punchline.
agreed with pretty much everything you said, with the caveats that…
the typical voter has little or no idea what is actually happening in the policy areas being discussed
To be fair, I’m not sure Trump knows what’s actually happening in the policy areas either. He just says stuff that he thinks will get him notoriety.
atrielienz@lemmy.world 3 months ago
What? Our ancient grid says lol. But also. We don’t own bitcoin. It’s not some random American product that the US owns the rights to. What even.
jubilationtcornpone@sh.itjust.works 3 months ago
President Trump will never let anything stop America. Especially not something so unimportant as the truth.
bionicjoey@lemmy.ca 3 months ago
It’s simple really. Trump will just have to charge a tariff on foreign bitcoins.
Weslee@lemmy.world 3 months ago
That’s pretty easy tbh, most of the core bitcoin devs all work for a single company that can absolutely be bought out, and even have gone on record on how much they dislike bitcoin.
It was the main reason I got out, I bought into it because I was excited by the tech behind it, but no single company should have that much control over the direction it goes in.
Now you could argue that if they did so the chain would just split and the rest of the world would just stay off the USA owned chain, but imo they have already done so much against the interest of bitcoin and everyone has just gone along with it so far (minus the bch split) so what do I know.
sugar_in_your_tea@sh.itjust.works 3 months ago
The whole point of cryptocurrency is that it’s decentralized. Trying to geographically limit it goes counter to the entire point. If the core devs tried to restrict it to a location like the US, it would be split pretty much immediately.
Not happening.
gressen@lemm.ee 3 months ago
To take over Bitcoin it would take not only devs but also miners and major exchanges to cooperate. No single government on this planet has this power.
qprimed@lemmy.ml 3 months ago
as another comment indicated, bitcoin (and other hard crypto chains) are resistant, not immune. please don’t make that part of your armour.
Weslee@lemmy.world 3 months ago
For response; see last paragraph in my comment
atrielienz@lemmy.world 3 months ago
Bitcoin and other crypto currency like it rely on there being enough to circulate. China has several times over the amount of mining potential the US does. It’s seems prohibitive to investment to make it a US only mined currency.
shortwavesurfer@lemmy.zip 3 months ago
May I introduce you to the Monero community, where it seems like you would very seriously belong.
qprimed@lemmy.ml 3 months ago
no knock on monero but, like every chain out there, it has ts own problems. I wish it were the perfect panacea, but right now, nothing is.
DragonTypeWyvern@midwest.social 3 months ago
He will take the WW2 approach to leading an industry. Have the competition be bombed out husks.