⭐ Merited by mindrust (20)
If Bitcoin ever becomes centralized, it will no longer maintain its current purchasing value. That's for sure.
Bitcoin became so valuable because it's the first decentralized, censor-free, digital currency.
Big entities (such as pools) can always become corrupted, assuming they no longer care about making money/profit (ever heard of "go woke, go broke"?). The establishment can ruin everything you love, as long as it's centralized (Hollywood, Netflix, video game companies etc.)
People can always form new pools, or join smaller ones, especially those that don't steal transaction fees from miners (didn't know that was a thing, totally despicable). KYC demands are also unreasonable.
My personal bet is that the WEF elites (Bill Gates etc.) definitely want Bitcoin for themselves as a lifeboat to secure their wealth (convert fiat deposits & SP500 stocks to BTC ETF). They do NOT want it for the masses/plebs.
That's why BlackRock wants to enter the BTC realm. Billionaires want a valuable asset to secure their wealth right before they perform The Great -Currency/Debt- Reset (which I reckon will happen around 2026-2027 during Taiwan's invasion by China). Fiat currencies (USD, EUR etc.) will melt (Weimar-style) and this will be the perfect opportunity to shove CBDC down people's throats.
I know this sounds like a crazy tinfoil hat conspiracy theory to some people around here, but what would you do if you were Bill Gates?
Would you trust CBDC? Especially considering the fact it will have a limit of €2000-3000 (as ECB officials have said)?
Do you wanna own nothing and be happy? Because with only 2-3k dollars/euros you will be forced to rent everything (your house, your car etc.)
This is another reason why NO ONE in their right mind should sell their BTC stash, especially before BlackRock's ETF approval (which will happen by mid-March 2024 at the latest).
I sure as hell wouldn't destroy Bitcoin if I were Bill Gates or Klaus Schwab, BUT I would badmouth it all the time in mainstream media to deter the plebs from buying even a single satoshi!
It makes sense if they want to buy BTC at a low price and even cause weak hands/panic sellers to sell some more to them...
Bitcoin became so valuable because it's the first decentralized, censor-free, digital currency.
Big entities (such as pools) can always become corrupted, assuming they no longer care about making money/profit (ever heard of "go woke, go broke"?). The establishment can ruin everything you love, as long as it's centralized (Hollywood, Netflix, video game companies etc.)
People can always form new pools, or join smaller ones, especially those that don't steal transaction fees from miners (didn't know that was a thing, totally despicable). KYC demands are also unreasonable.
My personal bet is that the WEF elites (Bill Gates etc.) definitely want Bitcoin for themselves as a lifeboat to secure their wealth (convert fiat deposits & SP500 stocks to BTC ETF). They do NOT want it for the masses/plebs.
That's why BlackRock wants to enter the BTC realm. Billionaires want a valuable asset to secure their wealth right before they perform The Great -Currency/Debt- Reset (which I reckon will happen around 2026-2027 during Taiwan's invasion by China). Fiat currencies (USD, EUR etc.) will melt (Weimar-style) and this will be the perfect opportunity to shove CBDC down people's throats.
I know this sounds like a crazy tinfoil hat conspiracy theory to some people around here, but what would you do if you were Bill Gates?
Would you trust CBDC? Especially considering the fact it will have a limit of €2000-3000 (as ECB officials have said)?
Do you wanna own nothing and be happy? Because with only 2-3k dollars/euros you will be forced to rent everything (your house, your car etc.)
This is another reason why NO ONE in their right mind should sell their BTC stash, especially before BlackRock's ETF approval (which will happen by mid-March 2024 at the latest).
I sure as hell wouldn't destroy Bitcoin if I were Bill Gates or Klaus Schwab, BUT I would badmouth it all the time in mainstream media to deter the plebs from buying even a single satoshi!
It makes sense if they want to buy BTC at a low price and even cause weak hands/panic sellers to sell some more to them...