Post
Topic
Board Bitcoin Discussion
Re: THIS CRASH IS DIFFERENT than previous crashes... The FEDERAL RESERVE is why....
by
tadamichi
on 23/06/2022, 13:17:41 UTC
A person that bases his whole life decisions and thought process around, if someone in a central bank presses a button, calls us a cult.

Totally agree! I think it is the time people become more self-sovereign. Institutions are there to serve us, yet they have become a nuisance. The "system" is clearly not working for everybody.

We need something better. And that could be a global store-of-value asset whose supply is not controllable by any central entity that is prone to corruption. Power corrupts, we all know that. Through code we can leverage the power of the crowd without the risk mentioned.
Yup, also Bitcoin is kinda designed to work in hostile environments, like an immune system, the more dirt you throw at it, the better it adapts, the stronger it becomes. Having no challenges makes it weaker over time, because it gets untrained. Some people don’t get this, they rather see it fail and themselves failing and the world burn, than having been proved wrong. What about putting energy into fixing this mess.

Also it’s remarkable to me, how you can hand people a way out of their misery on a golden plate, and they’re still reluctant to go against the herd. Because they’re waiting for a zero uncertainty, trillion dollar investment, zero work required unicorn to save them from everything and solve all of their problems, that will never happen. Some people have zero appreciation for all the work that goes into building something that is intended to give them control back, out of this rat race. They just let their lowest instincts for comfort and certainty rule themselves, which works against them and leads to complete exploitation.