Join the Nexus: Crypto News Focused on Freedom
If you take a quick look at the news, you’ll see that LBRY Inc., a decentralized social media company, has decided to shut down due to harassment and legal pressure from the SEC. This raises concerns about the future of Odysee, LBRY’s popular app known for its commitment to free speech and unique content.
In another concerning development, international crypto mixers are now being labeled as criminal by the US Treasury and regulators. This decision is based on unfounded claims of terrorism, despite the fact that crypto is rarely used for such purposes. The real perpetrators of terrorism are often found within government and central bank systems.
These incidents paint a clear picture of a disturbing trend: a relentless push towards less freedom and protection. It’s a paradigm where individual expression needs approval before being expressed and financial transactions are closely monitored and restricted at every turn. The question arises: If you’re not a criminal with nothing to hide, why should you be afraid?
The Power of Decentralization
Information is like water or air; it’s hard to control. Decentralized blockchains and privacy protocols allow for mass adoption and non-compliance. They are difficult to stop, which is why those in power resort to fear tactics. The Bank for International Settlements (BIS) recently claimed that crypto fails to benefit society and lacks stability, efficiency, accountability, and integrity. This statement comes from an organization that has profited from funding genocidal regimes in the past.
However, the reality is that crypto has helped people survive in developing countries plagued by inflation. In terms of stability and efficiency, Bitcoin Cash (BCH) transactions have proven to be reliable and cost-effective. The Nexus Newsletter celebrates the beauty of Bitcoin and permissionless exchange, where individuals don’t have to prove their innocence or adhere to social credit scores or carbon footprints. It advocates for better regulation that empowers non-violent individuals rather than abusive and corrupt entities.
Hot Take: The Nexus Fights for Financial Freedom
We all know that central bank digital currencies (CBDCs) are far from being true cryptocurrencies. They often hinder financial inclusion and restrict the freedom to exchange and survive in broken fiat systems. The Economic Freedom Nexus is a bi-monthly newsletter that delivers the latest news in crypto and finance with a focus on Bitcoin and financial autonomy. It reminds us of the original purpose of cryptocurrency – money without intermediaries.
The opinions expressed in this newsletter are solely those of the author and do not necessarily reflect the views of Bitcoin.com or Bitcoin.com News.