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32 sats \ 0 replies \ @ssaurel 24 Jan \ on: will a Bitcoin-based economy recreate today’s inequalities with a new elite? bitcoin
There will also be inequalities, because no system is unfortunately perfect, but in another form, and above all, the system will be better than the current system from this point of view.
Provided of course that the Bitcoin revolution is not captured by BlackRock, Michael J. Saylor, and Co ...
They need to stop with these false clickbait headlines.
The word "Bitcoin" does not even appear once in the Executive Order.
We are far from Trump's promises during his campaign.
We suspected that these promises were only intended to attract the support of the community of pseudo-Bitcoiners in Nashville, and we just had proof of it.
The Working Group that he announced could well say that only Made In USA cryptocurrencies should be in this reserve. That would suit the bosses of Solana, USDC, and XRP.
Even worse, if the Working Group says that there can also be Bitcoin, it would give the impression that Bitcoin and Crypto are the same thing when they have nothing to do with it!
The only good thing is the ban on the creation of a digital dollar!
The most terrible thing is that the majority of Bitcoin market participants still don't understand the why of Bitcoin, and we have to wait for the Fed to release inflation figures for Bitcoin to rebound.
Bitcoin is here to free us from the playground of the Fed and the powerful in the current system.
Bitcoin isn't better because the Fed publishes these numbers. The value proposition is still the same.
It will take a lot of education before a majority of people finally understand that Bitcoin is there to offer us an alternative to the dollar system, not to be integrated into this flawed system as a simple SoV.
The potential of the Bitcoin revolution is far greater!