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.

  • grue@lemmy.world
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    26 days 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.