Post
Topic
Board Bitcoin Discussion
Re: Has Bitcoin been inflitrated by global elite?
by
SickDayIn
on 11/04/2024, 00:55:58 UTC
If by "infiltrated by the global elite" you mean they are buying and holding Bitcoin, then yes I do.

However they're not necessarily infiltrating anything. I think some people like to believe that the international system of money is controlled by elite people, but I don't think that's the truth. The reality is that the global system of money is very fragmented and disconnected, and it's like an old codebase which has slowly over time had millions of developers add their own parts to it, without ever really understanding how each and every part of the code works or why it exists. There are definitely people who understand the cycles of our money system in terms of debt, credit, inflation and interest rates, and with analysis use this to make better business and financial decisions, however I don't believe they have a "control" over it.

Bitcoin can still be seen an escape from the traditional financial system, even by the elite. They themselves would understand how broken and disconnected it is, and investing in Bitcoin for them is essentially a hedge against everything collapsing