Cryptocurrency: Dave Troy is Partly Right, But on the Wrong Side

Source: Garrison Center
by Thomas L Knapp

“In a series of tweets on November 9, ‘serial technology entrepreneur’ Dave Troy outlines his view of cryptocurrency as ‘an ideologically-driven attack on the legitimacy of fiat currency, the
@federalreserve, and the incumbent financial system,’ and ‘the sequel to the January 6th’ Capitol riot. … Cryptocurrency came into existence years before Trumpism was so much as a gleam in the Republican Party’s eye, and was conceived in large part as a method of separating money and state. The Capitol riot, on the other hand, was no more than a tawdry tantrum of preference over which tyrant was entitled to crack the whip of government over the ‘incumbent financial system.’ In short, the Capitol rioters have far more in common with Dave Troy than with Satoshi Nakamoto, Bitcoin’s pseudonymous creator.” (11/12/21)