this post was submitted on 23 Jul 2026
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[–] nitroemdash@lemmy.wtf 30 points 3 days ago (1 children)

Banning some technology just because it "harms the reputation" of a platform sounds a lot like Visa and PayPal attacks on Steam and Itch Io to ban NSFW games.

Crypto technology is diverse. Nano and NanUSD are completely carbon-neurtal as they have zero fees. Gridcoin helps scientific research.

Crypto may be tainted in the US where banking systems are okay, but for individuals in third-world sanctioned countries like Iran it is a life saver. For people in authoritarian countries, it is the only way to fund journalism and civil rights organisations that are illegal in their countries.

The original proposal contained a ban on all blockchain technology, and another code hosting service did that. It is a technology that is used by some governments to democratise digital elections. Fraud in 2022 Moscow council elections was uncovered because they relied on a blockchain technology.

[–] boonhet@sopuli.xyz 6 points 2 days ago* (last edited 2 days ago) (1 children)

Crypto may be tainted in the US where banking systems are okay,

Are they? Even fucking Bitcoin has faster transfers than ACH lmao

For people in authoritarian countries, it is the only way to fund journalism and civil rights organisations that are illegal in their countries.

That's literally the US pretty soon if not already tbh.

[–] XLE@piefed.social 8 points 2 days ago (1 children)

The United States federal government is the largest known state holder of bitcoin in the world, estimated to hold about 328,372 BTC, as of February 2026.

https://en.wikipedia.org/wiki/U.S._Strategic_Bitcoin_Reserve

The US government excels at "do as I say, not as I do."