this post was submitted on 30 Jul 2024
12 points (100.0% liked)

Buttcoin

396 readers
23 users here now

Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.

founded 11 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 8 points 3 months ago

Because Bitcoin sets itself up as the antithesis of governments' ability to use fiscal discretion in budgeting, or central banks' monetary discretion in stabilizing an economy, people's financial investment in Bitcoin usually ends up morphing into an emotional and ideological investment in being antagonistic toward those parts of liberal democracy, regardless of the policy being implemented.

Great summary.