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Bitcoin unites Trump and Hillary in opposition, says Glenn Greenwald

Donald Trump and Hillary Clinton represent two opposing sides of political thinking in the United States, but journalist Glenn Greenwald highlighted a similarity between the two: the fear of Bitcoin.

Bitcoin unites Trump and Hillary in opposition, says Glenn Greenwald

Bitcoin unites Trump and Hillary in opposition, says Glenn Greenwald

On Nov. 20, Hillary Clinton warned that Bitcoin could destabilize nations and undermine the dollar as the world’s reserve currency. The statement was made on a panel discussion at a Bloomberg forum in Singapore.

More recently, this Wednesday (22/12), Republican Trump called Bitcoin “a very dangerous thing”. The former US president told Fox that cryptocurrencies could be an explosion never seen before, bigger than the explosion of big techs.

Previously, Trump had even called bitcoin a scam, but recently he advertised his wife Melanie Trump’s NFTs (non-fungible tokens) saying they would be a hit.

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The main reason why politicians fear (and hate) Bitcoin is the same reason that journalists love it, it cannot be controlled.

Because your network is decentralized, no one can censor transactions or “cancel” people and cut off your funding source or even confiscate your assets. When journalist Julian Assange was banned from PayPal, his important Wikileaks project survived because of Bitcoin.

At another time, on Twitter, the journalist claimed that Bitcoin brought an advance in privacy and avoided corporate and state control of data in general.

“The implications of bitcoin technology beyond being just a currency — and especially its potential for decentralizing power, enabling genuine privacy, and preventing corporate and state control of information — is in its infancy stages of understanding. But it’s coming.”, posted Glenn on the social network.

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