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147

Trump’s promise to loosen crypto regulations may be boon for extremist groups (www.theguardian.com)

submitted 1 year ago by MicroWave@lemmy.world to c/news@lemmy.world

29 comments fedilink hide all child comments

Summary

Donald Trump’s potential loosening of cryptocurrency regulations as president could benefit extremist groups like neo-Nazis and terrorists who use crypto for anonymous fundraising.

Far-right groups, such as the Base, already solicit Bitcoin and Monero for training and supplies, exploiting crypto’s anonymity to evade financial scrutiny.

While Biden’s administration has cracked down on crypto over national security concerns, Trump’s pro-crypto policies and appointments could accelerate extremist financing.

Analysts warn that weak private sector oversight and a lack of regulatory enforcement enable such activities, raising concerns about future abuse of cryptocurrencies.

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[–] Voroxpete@sh.itjust.works 1 points 1 year ago

I never said it did.

Understanding that Nazis are human beings, with human thoughts, feelings and emotions doesn't change the fact that their ideology is utterly intolerable. That's the price of fighting fascism. You don't get to make it easy on yourself by pretending that they're something less than human.

Fighting Nazis... Killing Nazis... Is sometimes the only reasonable choice. "The only thing a tolerant society cannot tolerate is intolerance." But you have to understand that when you talk about killing Nazis, you are talking about killing people. Human beings with lives and feelings and families and dreams. You have to be ready to take the cost of that on yourself. It's easier if they're not. It's easier if they're just NPCs to be moved down for points. But reality doesn't get to be like that. Antifascism isn't just a thing you do for the aesthetics. It's not a cool badge you wear, and a slogan to shout. It doesn't get to be fun and easy.