Nashville has become a magnet for far-right media figures like Ben Shapiro, who moved his media company, the Daily Wire, to the city in 2020, bringing a wave of anti-trans activism that has made Tennessee increasingly cruel toward LGBTQ+ people. Meanwhile, Nashville, which is often described as a blue dot in a red sea, has seen aggressive assaults on its political power. A new congressional map recently carved the city in three, obliterating a Democratic district and distributing the pieces to a trio of Republicans. The East Nashville neighborhood where I live is now represented by a Trump loyalist from Cookeville, some 80 miles away.

In recent weeks, things in Nashville seemed to be taking an even darker turn. All throughout July, white nationalist groups had descended upon the city. The neo-fascist Patriot Front marched downtown over Independence Day weekend; a week later, neo-Nazis disrupted a Nashville City Council meeting. The weekend before the bitcoin conference, neo-Nazi provocateurs filmed themselves harassing a group of Black boys who’d been downtown playing bucket drums. The men hurled racial slurs, laughing and jeering when one child erupted in anger. As police officers escorted the kids away, one of the white supremacists gleefully faced the camera, calling them “little fucking monkeys.”

The Bitcoin conference is a project of Nashville-based BTC Media, and, I heard again and again, not usually political. Cryptocurrency’s adherents have traditionally envisioned a utopia of free exchange unshackled by the bonds of the state. Yet the conference seemed to have gone full MAGA. On the steps outside the Music City Center, a tax lawyer in khakis handed out white bandages stamped with a red QR code while wearing one over his ear. This year marked a turning point, he said. Many within the crypto community were skeptical of politicians but “anything that pushes the price of bitcoin up, everyone here will be happy about.”

  • some_guy@lemmy.sdf.org
    link
    fedilink
    arrow-up
    27
    arrow-down
    3
    ·
    edit-2
    3 months ago

    Shitfuck asshole rightwing assholes. All of them. Every one. Hey assholes! Go away.

    Edit: Woohoo, bitcoin is down about $4k today! I’m very happy.

  • Infynis@midwest.social
    link
    fedilink
    English
    arrow-up
    18
    arrow-down
    3
    ·
    3 months ago

    The crypto bubble is over. Everyone left holding the bag is a sucker. There happen to be a lot of suckers in the Republican party

      • Flying Squid@lemmy.world
        link
        fedilink
        arrow-up
        4
        ·
        3 months ago

        Cool. Let me know when I can buy a gallon of milk with it next week and it will cost approximately the same amount as it does this week so I have an incentive to actually use it as a currency and not just an investment opportunity.

        • deafboy@lemmy.world
          link
          fedilink
          English
          arrow-up
          2
          arrow-down
          3
          ·
          3 months ago

          Let me know how can I start saving without 2.5% yearly loss using EUR.

            • deafboy@lemmy.world
              link
              fedilink
              arrow-up
              1
              arrow-down
              2
              ·
              3 months ago

              It’s not an investment. There is no lending or business plan involved. Speculation would be more appropriate term.

              People should be able to have long term savings without playing the wallstreet casino. Gold and real estate has been used for cross generational wealth transfer in the past, but using houses to store wealth brings it’s own set of problems.

              Unfortunately, the way institutional investors has been trading bitcoin lately made its price copy the traditional high risk stocks, which is the reason I’ve been so pissed about regulators allowing large institutions to touch it. While I believe this will be of no consequence in long term, in short term it’s pretty annoying.