March 22nd 2021 - They Want Us Dead

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Last few years have taught us that being involved in cryptocurrencies is not without some significant risks for person’s well-being. Crypto enthusiasts may become addicted to alcohol and drugs when the markets don’t go their way; they risk long incarceration if their activities run afoul of oppressive laws; they might become destitute because of poor investments; and, finally, they might become target of criminals trying to get their crypto-wallet through violent extortion.

Yet, right now crypto people are faced with another risk, perhaps bigger than every else if certain political trends continue unabated. People might actually find that their continuous physical existence might be in danger for simply holding cryptocurrency. And not because someone wants their crypto but because they see crypto as such danger to their socio-economic position or their view of the world that the crypto itself must removed most efficiently by physically removing all those who hold or use crypto.

At least this is the conclusion based on the infamous “thought experiment” by George Washington University professor Dave Karpf, in which he gleefully imagined all Bitcoin holders being sent to the sinking ship and the benefits this would bring to the world. Some might call that tweet harmless satire, some might call it simply “in poor taste” and some might call it genocidal fantasy. But, it nevertheless reveals the mindset which is increasingly developing among the world intellectual and political elite and might manifest itself in spectacularly unpleasant ways.

Crypto community must be aware of such trends and take them seriously. Unlike the world which failed to take seriously similar views by certain misunderstood artist when published in his best-selling book a century ago.

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