Bitcoin was about freedom–giving people control of their money and breaking away from systems that keep them trapped but now it looks like it's becoming just another playground for the rich.
But i dont think all hope is lost. There are still projects and communities fighting for the people who started this movement–those focused on privacy, decentralization and financial freedom. Maybe we need to refocus on supporting them and remembering why we're here in the first place.
But i dont think all hope is lost. There are still projects and communities fighting for the people who started this movement–those focused on privacy, decentralization and financial freedom. Maybe we need to refocus on supporting them and remembering why we're here in the first place.
Of course. It's a playground for the rich. Why do you think they've wanted the SEC to approve spot ETFs in the first place? So they can manipulate market prices (and possibly Bitcoin itself) for their own benefit. Thank goodness BTC is an open source cryptocurrency. Otherwise, it would've been doomed by now.
Like I've stated before, the community can launch a new fork with decentralization and equitability in mind. It's like democracy vs autocracy. We all know democracy always wins. It enables progress, unlike autoritarianism which is often linked with communism/socialism. If BTC was closed source and centralized, then communism would've won. No matter how hard banks, governments, and the wealthy try, they will never be able to fully control it. Much less destroy it. So sit back and relax as there's nothing to worry about.
