Parler has been cancelled but no Bitcoin is not next

in LeoFinance2 months ago

Bitcoin is an entirely different animal

Parler has been hit hard by major tech companies, this is causing some to speculate that bitcoin could be targeted next.

I'm here to tell you, no friggin way.

First of all Parler is a standalone website, if Amazon wants to refuse its servers and Google and Apple want to remove the app from their app store, so be it.

That is technically their choice as private companies.

Lets be clear that I don't agree with it because it is a slippery slope that has likely opened up a whole can of worms that I don't think these companies anticipated, but who knows maybe it benefits decentralized companies/blockchains.

Bitcoin runs on a decentralized public blockchain, so these two are night and day, but now that we have that part out of the way.

The idea is that they could target bitcoin companies that scammers or terrorists who whoever else might use that they don't like.

My response to this is that, do you know where the biggest bitcoin scams take place?

They take place on twitter.

For all its greatness they still haven't figured out a good way to deal with fake accounts impersonating real accounts and pretending to give away bitcoin (if you send them some first of course).

So, if they are going to ban companies that using bitcoin for nefarious purposes, the first company/site they need to ban is theirself (new word alert).

Twitter isn't going to ban itself from itself, it's just too weird.

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(Source: https://medium.com/the-capital/is-jack-dorsey-a-bitcoin-hero-471953b9bf72)

The other important reason why they won't is because their CEO is a big fan.

Jack Dorsey has on a number of occasions said that he hopes that bitcoin will become the currency of the internet, if it isn't already.

He loves how it isn't controlled by governments or single entities.

It's a currency for the people, by the people.

For these reasons I think any fear surrounding big tech targeting bitcoin companies next is likely just some FUD.

And you know what to do with FUD right?

You buy the FUD and sell the euphoria, that or just stick the FUD where the sun don't shine, your choice. :)

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Bitcoin is politically neutral.

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More info why you see this.

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They don't care about cleaning Twitter of scammers as long as these are not affecting them.

Jack says one thing and does the other. He's just a puppet. If he had balls he wouldn't have banned Trump.

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Yea I didn't like that move either, but generally I have liked Jack.

If Bitcoin could be banned with the technical means available to governments today, it would already be. There were task forces with the purpose to destroy bitcoin years ago. Seems like they failed.

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That is a good point.

Bitcoin cannot be shut down because he does not needs the hosting services of big techs.

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I remember a lot having come across many scammers since I started reading, understanding and being interested in the world of cryptocurrencies, especially Bitcoin, it was really strong to see the mass of people who could move, and how unstable it used to be sometimes, but the benefits it brought to countries where money is what is most needed, over there in 2013 I had lost my Facebook account and the "hacker" contacted me to give him money just to give it back, the world is full of people who do evil , but this will never mean that we all use it for evil, there are alternatives and we all have the ability to choose, I will always feel that Bitcoin is hope, and that since the beginning of 2020 we began our era, where people who talk about "cryptocurrencies "They stopped being the rare ones and began to be listened to by all

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Yep exactly. Bitcoin isn't controlled by governments which is exactly what makes it valuable.

The more spammers on Twitter the better (because they don't care much about that).

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What do you mean?

Sounds good to me.

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