The Perfect Storm of Bitcoin Birth

Guys, in my other thread it became overwhelmingly obvious that the vast majority of people on this forum don't understand the true value of Bitcoin. So I would like to offer you a bit of background for the birth of Bitcoin.

Staring around 2000, the government started promoting Freddy Mac and Fanny May along with ridiculously low interest rates near zero. These factors along with various other government meddling invited Wall Street and the banks to make riskier and riskier mortgages for people who clearly would barely qualify for a car loan, much less a home loan.  

And so in 2008, the mortgage bubble busted. Make no mistakes about it, that was all created by the corrupt collusion between government and Wall Street/banks.

And what was the government's response to the banks acting wrecklessly? - Bail them out, a.k.a. hand out free money to the misbehaving banks, and get the tax payers to foot the bill.

Right after the 2008 bubble busted and while the media was bussy blaming the people who dared want a home for their family instead of appropriately blaming the government and the wreckless banks, Bitcoin was born - the perfect storm. Bitcoin could not have picked a better time to come to life.

The government and Wall Street had manipulated the worthless fiat paper at the great cost of the population. And Bitcoin, money that can not be created out of thin air, money that can not be inflated and deflated by printing more of it, was born.

Bitcoin is the perfect money because it can't be regulated by government. Yet the vast majority of the members here not only welcome government regulation of Bitcoin, they encourage it.

With strict government regulations, the USD lost 98% of it's value over the last century. It's blatantly obvious that government regulations are not capable of protecting the value of a currency. So please, explain to my why you think that government regulation of Bitcoin is somehow going to promote it and benefit it.

Bitcoin was created as a tool against government and against corrupt banks and Wall Street.

Anyone can buy Bitcoin, anyone with a cell phone anywhere in the world can buy Bitcoin. So I can't prevent government and Wall Street from buying or selling as much Bitcoin as they want. But you have to understand here. Wall Street has no intention of pumping any huge amounts of money into Bitcoin. All that Wall Street wants to do is create Bitcoin derivatives like futures contracts, Bitcoin certificates, and countless other means of selling worthless paper Bitcoin.

But you must be made to understand Wall Street, banks, and government involvement will not benefit Bitcoin.

Bitcoin was born practical worthless. And it climbed to an amazing 4000$ at the time of writing this. We did it all without regulations and without Wall Street derivatives. Bitcoin can keep growing. But not because of Wall Street, but in spite of Wall Street.

Bitcoin is the ultimate financial freedom.  You can own it without it getting taxed. You can send it to anyone you want anywhere in the world without the bank fees and without government looking over your shoulder. Please guys, stop asking for more regulations and for more Wall Street corrupt intervention.

[/soap box]