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.

  • Admiral Patrick
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    236 hours ago

    Adding that to the list of reasons I dislike crypto and its fanboys (as if I needed another).

      • @horse_battery_staple
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        95 hours ago

        I hold XMR and run a couple algos. I fully understand the need for anonymous payment. Crypto has been co-opted by AnCaps and hackers. It’s absolutely appropriate to feel that 90% of crypto are rug pulls and pump and dump shit coins.

      • @Carnelian
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        186 hours ago

        No reason to hate neo nazis in your opinion? Very interesting

          • @horse_battery_staple
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            136 hours ago

            No. Fuck Nazis.

            If a Nazi is at a table of 4 and no one speaks up. That table has 4 Nazis.

                • @[email protected]
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                  22 hours ago

                  No, there’s good reasons to recognize people like Nazis as human.

                  Despicable, unforgivable, utterly detestable humans. But still humans.

                  It’s an important distinction, because when you say to yourself “Monstrous people aren’t human” the unspoken corollary to that is “And I’m human, therefore I cannot be a monstrous person.”

                  Dehumanizing Nazis is how Nazis get away with being Nazis. Because when they’re cartoon monsters on TV, everyone recognizes them as Nazis. But when it’s someone’s cousin or uncle, they figure “I know that guy. Yeah, he’s got some shitty opinions, but he’s not a monster. He loves his kids. He helps out at the church bake sale. So there’s no way he could actually be a Nazi, because only monsters can be Nazis.”

                  It’s incredibly important to admit to ourselves that evil can live anywhere. That it can be in anyone. It would be easier to live in a world where we could draw these clean lines between monsters and humans, but reality just isn’t like that.

                  Nazis are human beings, and that is by far the worst and most horrifying thing about them.

                  • @horse_battery_staple
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                    5 hours ago

                    Nazis sure do love to threaten violence and normalize fear.

                    some Nazis with their Kar98k might shoot you,

                    That’s a mighty specific rifle you mentioned there. You like to collect curios there bud?

                    Your account is an hour old and your only comment history is defending Nazis, with a username that refers to Hunter Biden. What were your other usernames?

                  • Flying Squid
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                    25 hours ago

                    Seems like you’re seeing Nazis behind every corner,

                    Seems like you know absolutely nothing about either Project 2025 or what Trump has just come right out and said he’s going to do.

                    Either that or you know absolutely nothing about Nazis.

      • @Zachariah
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        56 hours ago

        “…list of reasons…”
        “…no reason…”

        ?

        • @[email protected]
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          45 hours ago

          There are a lot of people who take the approach of “If I make absolutely no sense until the other person gets frustrated, that means I win”.

          Checkmate, you stupid round earth idiots

      • @grue
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        5 hours ago

        No, fuck this. You are not entitled to make insinuations about people’s mental state just because they don’t agree with your gaslighting bullshit. You need to be banned.

        Edit: brand new account; probably evading some other ban. Get this trash out of here.