{"id":9200,"date":"2020-07-05T23:43:47","date_gmt":"2020-07-05T20:43:47","guid":{"rendered":"https:\/\/forklog.media\/?p=9200"},"modified":"2020-07-06T23:40:13","modified_gmt":"2020-07-06T20:40:13","slug":"antifa-threatened-with-extremist-status-no-longer-thinks-bitcoin-is-an-alt-right-currency-antifa-and-blm-will-make-bitcoin-edgy-again","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/antifa-threatened-with-extremist-status-no-longer-thinks-bitcoin-is-an-alt-right-currency-antifa-and-blm-will-make-bitcoin-edgy-again\/","title":{"rendered":"Antifa Threatened With Extremist Status: No Longer Thinks Bitcoin Is an Alt-Right Currency Antifa and BLM Will Make Bitcoin Edgy Again"},"content":{"rendered":"

Why neo-nazis love Bitcoin? Two years ago, this question was raised and promptly answered<\/a> by The Guardian. In the atmosphere where right-wing or religious extremist groups were largely de-platformed, defunded, and shunned by both businesses and the public, it all boiled down to a single realization.<\/p>\n

<\/p>\n

\u201cFor extremists, deregulated cryptocurrencies are a potent political statement as much as a means to fund their activities,\u201d<\/i><\/b> suggested The Guardian.<\/i><\/p><\/blockquote>\n

Times have changed and today certain forms of extremism are being perceived as a just cause by many online influencers. Riots are being quietly supported by many, from Hollywood actors to actual high ranking politicians. Yet the government is still adamant to crackdown on dissent.<\/p>\n

As the new rebellion is openly supported by so may, we may be soon witnessing a sudden cultural shift that will forever change how Bitcoin is perceived by mainstream opinion-makers in the US and the rest of the western world. Why? Read on.<\/p>\n

Bitcoin Is Not a Right-Wing Pet Project<\/h2>\n

Due to the circumstances of Bitcoin\u2019s early development and its philosophical background, the common sentiment has always been that the crypto-industry is a space dominated by anarcho-capitalists and laissez-faire libertarians. Many influential far-left organizations and activists even went as far as designating<\/a> Bitcoin as the \u201calt-right currency.\u201d<\/p>\n

Yet this myth was soundly debunked<\/a> on many occasions. According to Coindesk\u2019s two years old research, it turned out that close to 40% of cryptocurrency supporters were left-leaning liberals or even actual socialists. And these numbers have likely increased today.<\/p>\n

\u201cThe right-leaning pioneers of pre-2017 crypto are faced with leftist migrants to their tech territory. As adoption grows, this trend will most likely continue and decrease the representation of right-wingers in crypto, especially of those at the far end,\u201d <\/i><\/b>concluded Coindesk\u2019s researchers.<\/i><\/p><\/blockquote>\n

Today we can see the left\u2019s smear campaigns against Bitcoin subsiding as radical leftists end up being targetted by the state themselves.<\/p>\n

Viva la Revolution<\/h2>\n

Following weeks of rioting, looting, and violence across the country, Antifa\u2014the self-proclaimed far-left anti-fascist movement\u2014is facing risk to be designated a domestic terrorist organization.<\/p>\n

The full-scale crackdown on leftist radicals started with the threat of denying them all kinds of centralized financial services and freezing their accounts. The tweet by Matt Gaetz (R-FL) where he urged the authorities to \u201cfreeze their money\u201d went viral overnight.<\/p>\n

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We hunt down terrorists in the Middle East by having our government (not vigilantes) monitor their communications, freeze their money and stop them from committing attacks.<\/p>\n

American lives, businesses & property are more deserving of our strong protection than distant sand dunes. https:\/\/t.co\/5pNSny53cH<\/a><\/p>\n

— Matt Gaetz (@mattgaetz) June 1, 2020<\/a><\/p><\/blockquote>\n