Donald Trump or Donald Duck – Bitcoin Doesn’t Care!
Two questions have been on my mind due to the U.S. elections and their resonance in the Bitcoin world:
- Why do so many people fall so easily for propaganda?
- Why do "Bitcoiners" use Trump’s statements on Bitcoin as a justification for their support of him instead of simply admitting that they share his political views?
This isn’t about politics for me – everyone should vote for whomever they want. That’s democracy. And as Bitcoin teaches us, a majority of 51% should prevail. What bothers me is when people are still so heavily influenced by propaganda or when something as valuable and independent as Bitcoin is used to avoid honestly expressing one’s opinion. To me, this has two causes: a lack of knowledge or a lack of courage – both are issues that divide our society.
The Power of Propaganda – and Its Dangers
History and the present repeatedly show us how destructive propaganda can be. Hitler used targeted propaganda to spread his ideology and lead an entire nation into war. Propaganda also contributed to conflicts like the Vietnam War and continues to foster hostilities worldwide by spreading fear and misinformation. And yet, many people still let themselves be guided by manipulative information – whether it’s for or against a particular issue. Only the truth allows for a truly neutral decision. It’s not about whether we like the truth or not – it is the only way to make informed and independent decisions.
Bitcoin Operates Independently of Political Influence
Many claim that Trump has a positive influence on Bitcoin. But Bitcoin behaves in this cycle just as it did in previous halvings. Bitcoin doesn’t follow any political agenda. Those who believe that Bitcoin has something to do with Trump or any other political figure are missing the point. This idea is comparable to the early days of the internet when many thought it was only about emails. In reality, Bitcoin is about much more than just a means of payment or a store of value. Yes, Trump could further increase the money supply, which would affect Bitcoin’s fiat value – that’s called inflation. But the basic rule of Bitcoin remains simple: 1 BTC = 1 BTC. Anyone who doesn’t understand this hasn’t made an effort to understand Bitcoin.
The Only Chance: Clarity and Courage to Hold One’s Own Opinion
For humanity, I see only one chance: to stop being influenced by propaganda and to find the courage to express our own opinions honestly. Only those who bravely voice their own views are also willing to listen to the perspectives of others. This fundamental attitude allows for truly good and meaningful communication. If we don’t learn this, we will either be restrained by conflicts or by a nature that cannot be controlled.
Please don’t feel encouraged to share your political opinions with me now. In my view, no one can make truly good politics in today’s system – for that, the state system would first have to be separated from the monetary system.
However, I do want to compliment Trump’s advisors: at least they taught him well to distinguish between Bitcoin and crypto. That’s probably the only positive contribution his statements have made toward the development and understanding of Bitcoin.
#Bitcoin #Trump #Propaganda #Courage https://image.nostr.build/c8d5919f0d65125fb8f1acb7b2dd6f156d6e3530b0d8daebdbd5a8ab3f80c1c8.jpg
11/9/2024, 4 engagements