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.
- Hillary Clinton says China and Russia are manipulating cryptocurrencies
- Bitcoin is expected to reach $98,000 this month, according to PlanB
- More than 75% of Bitcoin holders are in profit, reveals Glassnode report
- Donald Trump says cryptocurrencies are dangerous, but praises his wife’s NFT project
Bitcoin unites Trump and Hillary in opposition, both warning that it threatens the hegemony of the dollar and is a "dangerous" weapon to undermine status quo power: pic.twitter.com/D0Blfp3Eas
— Glenn Greenwald (@ggreenwald) December 22, 2021
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.
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. https://t.co/oBcXjyEH1T
— Glenn Greenwald (@ggreenwald) November 25, 2021