Farcaster

dropglobalnews

Bitcoin becoming explicitly right-coded is not a great development. It should be seen a something that is obviously constructive regardless of ones other ideological priors. Having it slot into the knee-jerk polarization of U.S. domestic politics is no bueno. 

A former and possibly future president loudly praising Bitcoin is indeed a watershed event, but he is also a highly polarizing figure. Absent countervailing liberal support the other half of the country will simply associate the technology with a raft of other views and policies endorsed by Trump that they dislike and dismiss it on those grounds. 

Some people will say it is merely their loss, and that their own folly will lead them to destruction if they miss this opportunity. But I don't think that is a generous or patriotic attitude. Also, practically speaking, political polarization will slow the adoption of the technology more broadly. There are a few liberals like Ro Khanna who like Bitcoin and their views should be given more prominence.

/farcaster is better with @mazmhussain. 

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Writer, podcaster, and commentator on foreign affairs and politics. Runs /dropglobalnews