The decentralization of power means taking money out of the hands of the central bankers. Therefore, why call a technology that does this “dangerous”?
After all, blockchain technology (as patented by the USPS under Trump) could have (or did) saved the 2020 election, if implemented. Just one example of MANY, how it could help end corruption.
So why? When he says dangerous, does he mean to Establishment finance?
https://decrypt.co/89108/donald-trump-calls-crypto-dangerous-even-as-melania-launches-nft
I remember him stating awhile ago that Bitcoin was a scam
Yes he did. But it’s clearly not.
I don’t think you have been paying attention to the pumping and dumping. Bad actors utilize it to launder money, raise quick capital, traffic drugs/kids/women.
Sure some people have faired well, but this isn’t something you want to base an economy on.
They do that with government currencies also. In fact, MORE SO.
None of that is intrinsic to bitcoin. Its actually more transparent than fiat