quotingIt must be underscored that what is being passed off as a potential “reset” by the U.S. Democratic Party appears to be an “everything but #Bitcoin” crypto fest. Fine, if that’s what is intended by this new “Crypto4Harris” campaign and what is desired by planners and decision-makers aligned with the party and Harris/Walz. But we should be clear about that and we must note what that portends.
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It says that a potential reset on crypto is being approached strictly as an openness to repurposing Silicon Valley tech narratives via tokenization and more insiderism.
It is not about the values expressed by progressive members of the Democratic Partyy: values that Bitcoin exemplifies: financial inclusion, climate action, inclusive global development, and a program of peace. These global domains of #Bitcoin and its particular use cases, as distinct from the vast ecosystem of crypto, appear absent from the program.
While some may find business value in these other crypto (fair enough), let’s be frank: they are not ushering in change. They are simply continuing the frameworks, systems and structures of tech-forward, Silicon Valley, venture capital dominated industry, via new means.
Communities around the world are not harnessing these crypto to empower the unbanked and marginalized, nor to resist authoritarian rule and to fight for human rights.
There is no Solana Beach.
There is no Ethereum Ekasi.
There is no Doge 4 Social Good.
These other crypto are not revolutionizing energy production and economics like Bitcoin is. They are not scaling the supply of renewable energy and mitigating escaped methane like Bitcoin is. They are not outfitting communities around the world with electricity for the first time through unprecedented energy demand/supply models, again, like Bitcoin is.
No, these inspiring phenomena that are significant parts of the Bitcoin story around the world are apparently not up for discussion within the “Crypto4Harris” led reset.
These positive phenomena associated with Bitcoin are the domain of Bitcoin mining, and no representatives or researchers focused on Bitcoin mining have been invited to the list of esteemed speakers and thought-leaders within the new “Crypto4Harris” reset agenda.
Bitcoin, the first technology to use a blockchain; Bitcoin, the largest digital asset by market cap (larger than all others combined); Bitcoin, the world’s largest decentralized computing network and open-source software; Bitcoin, the world’s 14 largest currency; #Bitcoin, the truly revolutionary network and global money, feels absent from the “Crypto4Harris” program despite its overwhelming size, impact and clear alignment with progressive values on the global stage.
It must be said that this Crypto4Harris forum appears to characterized more by its glaring omissions than anything else.
Perhaps those of us who scratch our heads in bewilderment that the Democratic Party (or at least its Progressive wing) have not yet embraced Bitcoin with full-throttled passion will be pleasantly surprised as this “Crypto4Harris” process continues to unfold. Maybe. I hope so. So far though, signs do not look very promising.
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5atoshiNakamoto on Nostr: Well put. That was a crypto shitshow of people stammering through their script who ...
Well put. That was a crypto shitshow of people stammering through their script who would have freaked out if asked on the spot, "So, what is a blockchain?" Disappointing to say the least.