Forbes - Alex Jones: The Preposterous Poster Boy For Bitcoin -

CrunkLord420

True & Honest Fan
kiwifarms.net
Bitcoin has an image problem and Alex Jones, a bitcoin true believer and alt-right radio host most famous for being sued by the parents of Sandy Hook school shooting victims, is a walking public relations nightmare.

Alex Jones likes bitcoin and cryptocurrencies (partly, but not entirely, because PayPal has relatively recently refused to process transactions for him), this week telling podcaster Joe Rogan "cryptocurrencies are the future." Unfortunately, Jones also told Rogan the media has "an alien base and they are making intergalactic deals," the U.S. government "has made deals with interdimensional aliens," and 5G cell phone coverage will "rattle your DNA apart."

He then demanded Rogan's other guest Eddie Bravo "choke him out" live on air. You can watch the whole (a rollercoaster four hours and forty minutes) here. I highly recommend it.

Alex Jones, who was recently booted from payments processor PayPal, has said he thinks bitcoin and cryptocurrencies "are the future."© 2018 BLOOMBERG FINANCE LP

While serious suits on Wall Street and in the world's biggest banks are trying to figure out how to make money off of bitcoin and cryptocurrencies, Alex Jones, and similar characters deemed undesirable, are poised to begin using bitcoin and cryptocurrencies to make money in a digital, centralized world, controlled by big banks and bigger tech. Some worse groups already are.

Bitcoin, currently trapped in a long-running bear market dubbed crypto winter for its damaging effect on the fledgling industry, had until 2017 been spreading around the world effectively under the public radar. It was used by geeks and criminals. Bitcoin wasn't exciting.

Then bitcoin was thrust violently into the public consciousness as a result of a bull run that saw the bitcoin price explode from under $1,000 at the beginning of 2017 to almost $20,000 in under 12 months. Suddenly everyone wanted a piece of bitcoin and banks were wondering how they'd missed out on this huge money spinner.

As early adopters of bitcoin became overnight millionaires, the bitcoin and crypto world was split in two. On one side, the crypto-anarchists, cypherpunks, libertarians, so-called dataists, and technology evangelists. On the other, those who see bitcoin and crypto as a money-making opportunity. Sometimes people fit into both groups. One of the good things about bitcoin and crypto is that they're all welcome. For now.

One of the reasons Jones is a fan of bitcoin and cryptocurrencies is that last year, shortly after U.S. tech giants Apple, Facebook, and Google removed Jones from their platforms, stripping him of much of his audience, PayPal also decided to show Jones the door, refusing to process payments on Jones' InfoWars and affiliated websites.

Speaking on Rogan's podcast this week, Jones said: "You're never supposed to block someone from banking if they have a good record. I had an A++ rating ... on accounts I'd had for 20 years ... banks said they'd never seen a credit this high. Two days before PayPal banned us ... they added a hate symbol to our account, which effectively meant we were terrorists.
"They designated me an international terrorist ... and that's how they took five of my six bank accounts and got me down to one bank account ... saying you can't take money, you cannot be in commerce because you are a terrorist."

Jones added that his organization is preparing litigation against an unnamed "group out of Boston." He repeatedly said he felt he was being targetted because of the things he has said on his website and radio show.

This all makes Alex Jones a prime candidate for using bitcoin and cryptocurrencies.

Jones isn't the only controversial figure to be deplatformed by the likes of PayPal, which has attracted criticism from both sides of the political spectrum.

Over the last few months, PayPal has canceled the accounts of far-right group the Proud Boys, along with various left-leaning Antifa groups. In the U.K. PayPal stripped English Defence League founder Tommy Robinson, a far-right activist, of his account. Robinson said PayPal has also frozen “a lot” of money that was in the account for 180 days.
Earlier this month, far-right activist Laura Loomer was kicked off of PayPal after coming under fire for anti-Muslim comments.

Meanwhile, some, unaffected by the ban hammer, have opted to move away from platforms that withhold their services based on political or ideological ideals. Philosopher and professional mediator Sam Harris ditched subscription service Patreon late last year after the crowdfunding membership platform moved to ban a number of right-wing commentators, accusing Patreon of "political bias."

Bitcoin and cryptocurrencies are likely to soon become a haven to some, if not all, of these outcasts. The bitcoin industry is going to have to decide whether it wants to share a broad platform with the likes of Alex Jones, or try to ostracize those that use bitcoin for bad.

Neither option is particularly appealing.
Imagine writing about cryptocurrency for Forbes yet not having a clue what the whole point of cryptocurrency is.
 

Annie

Fire-Bear Cyberbully Girl
kiwifarms.net
"The bitcoin industry is going to have to decide whether it wants to share a broad platform with the likes of Alex Jones, or try to ostracize those that use bitcoin for bad."

They don't get to decide. Cryptocurrencies aren't PayPal, they're not run by one dude.

You're absolutely right, writer completely and totally doesn't understand crypto.
 

Coh

(Now with 50% more Zoanthropic Paranoia)
kiwifarms.net
The only purpose of BTC is to buy drugs and scam idiots. Blockchain is a conceptually exceptional technology for many reasons.
There are places to convert BTC and Ethereum to fiat currencies, be it though the system or through intermediaries. The whole point of BTC and all these cryptocurrencies is to allow people on the margins of society or who have been ostracized from society to mot rely on the same financial/political power structures that have made them outcasts in one way or another for a living. They only need to rely on a decentralized blockchain network in order process and initiate transactions, not Paypal or Visa or Mastercard, which might oust them for wrongthink.
 

Rei is shit

kiwifarms.net
"The bitcoin industry is going to have to decide whether it wants to share a broad platform with the likes of Alex Jones, or try to ostracize those that use bitcoin for bad. "

Fuck bitcoin, lets talk about how the federal reserve isn't doing enough to ostracize literal nazis who buy things with cash.
 

ProgKing of the North

^^^^FUCKTARD^^^^
kiwifarms.net
"The bitcoin industry is going to have to decide whether it wants to share a broad platform with the likes of Alex Jones, or try to ostracize those that use bitcoin for bad. "

Fuck bitcoin, lets talk about how the federal reserve isn't doing enough to ostracize literal nazis who buy things with cash.
“...and, in conclusion, this is why the assets of all suspected Nazis should be immediately transferred to my bank account”
 

Shugo

kiwifarms.net
Alex Jones was never quoted in this article mentioning Bitcion once and even in the past week called it a "pump and dump" scam multiple times while ranting about Joe Rogan saying he's cooperating with Jack Dorsey on it. He said he thinks Cryptocurrency is the future on the Rogan makeup podcast.

Forbes is headed by reetarded writers who with their peanut brains associate cryptocurrency with Bitcoin.
 

The best and greatest

kiwifarms.net
You know I think there is a problem of Right-friendly schills hawking cryptocurrency as a get-rich-quick scheme so that they themselves can profit off the trust of their followers. I wouldn't necessarily extend that to Alex Jones though.
 

CrunkLord420

True & Honest Fan
kiwifarms.net
You know I think there is a problem of Right-friendly schills hawking cryptocurrency as a get-rich-quick scheme so that they themselves can profit off the trust of their followers. I wouldn't necessarily extend that to Alex Jones though.
They shill bitcoin because they're getting deplatformed from mainstream financial services. They want people to send them bitcoin, not have them "invest" in it. This is the intended use-case of bitcoin being realized.
 

Truthspeaker

Walking that line between victim and ex-lover
kiwifarms.net
There are places to convert BTC and Ethereum to fiat currencies, be it though the system or through intermediaries. The whole point of BTC and all these cryptocurrencies is to allow people on the margins of society or who have been ostracized from society to mot rely on the same financial/political power structures that have made them outcasts in one way or another for a living. They only need to rely on a decentralized blockchain network in order process and initiate transactions, not Paypal or Visa or Mastercard, which might oust them for wrongthink.
There's no way Bitcoin was created for this reason. Bitcoin makes Mindgeek look transparent and ethical. It's barely less creepy than Facebook.

Had it been, a legitimate, popular use for the product besides speculation would've been established before it was released. As it was, the most serious customers were organized crime figures until 2015. Assuming "Satoshi Nakamoto's" in fact an alias for a vorster, or a group of vorsters, which is only slightly less plausible than OJ leaving his DNA all over he place of that double homicide he was tried for because he was the culprit, organised crime's still the number-one customer, and enriched by between billions and tens of billions on a regular basis as a result.

People need to learn to distrust tech companies by default. You think Google runs Youtube at a loss for kindness? You think Facebook is free out of charity? You think Huawei doesn't prioritize Mao Zedong's Super-Best-Friends' Club over its Trans-Pacific customers?

If the answer to all three's "no", you're on the right track.
 

Troon Anthropologist

Why are they like this?
True & Honest Fan
kiwifarms.net
They shill bitcoin the most well-known form of crypto-currency, because they're getting deplatformed from mainstream financial services. They want people to send them bitcoin, not have them "invest" in it. This is the intended use-case of bitcoin crypto-currency being realized.
Took some editorial liberties in response to @Truthspeaker
 

LMR365

Nicolas Cage holding a birthday cake.
kiwifarms.net
Is this guy serious or joking? Because him having the title of......
Billy Bambrough
Billy Bambrough

Contributor
Crypto & Blockchain I write about how bitcoin, crypto, and fintech are changing the world.

For someone who knows the ins and outs of bitcoin? He seems like a huge exceptional individual to not understand what the fuck he just said.

Then again? These are the same idiots who are falling for New Zealand's shooter manifesto. So why even correct the guy when we can laugh at him hard!
 

Give Her The D

angry punk rock reject
True & Honest Fan
kiwifarms.net
Isn't Alex Jones supposed to be all an act? If so, it's hilarious how these people still eat him up as some alt-right boogeyman. He's essentially a more radical Stephen Colbert.

Plus, Bitcoin's more of a libertarian than a far-right shill thing than anything.
 
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