The author manages to conflate globalist proto-CBDCs with an
>"...ethos of libertarianism and individualism".
>“Crypto-colonialism is the act of coordinated groups of tech-savvy individuals leveraging their wealth, which is often but not always generated by cryptocurrency investments, to settle in and exploit lands and laws favorable towards continued crypto activities,”
>Beginning in 2017, the World Food Programme developed its Building Blocks initiative to provide funding to Syrian refugees in Jordan using blockchain tech. In order to access the aid, refugees had to upload their biometric data onto a shared blockchain to verify their identities. When they buy groceries, they pay for them via retinal scan.
Then via sloppy generalization, they associate this with the use of BTC in El Salvador. By cherry picking the globalist proto-CBDCs they tarnish the use of cryptocurrencies broadly.
Nary a mention of the grassroots use of cryptocurrencies like NANO in Venezuela.
>"...ethos of libertarianism and individualism".
>“Crypto-colonialism is the act of coordinated groups of tech-savvy individuals leveraging their wealth, which is often but not always generated by cryptocurrency investments, to settle in and exploit lands and laws favorable towards continued crypto activities,”
>Beginning in 2017, the World Food Programme developed its Building Blocks initiative to provide funding to Syrian refugees in Jordan using blockchain tech. In order to access the aid, refugees had to upload their biometric data onto a shared blockchain to verify their identities. When they buy groceries, they pay for them via retinal scan.
Then via sloppy generalization, they associate this with the use of BTC in El Salvador. By cherry picking the globalist proto-CBDCs they tarnish the use of cryptocurrencies broadly.
Nary a mention of the grassroots use of cryptocurrencies like NANO in Venezuela.