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RE: LeoThread 2025-07-01 03:27

in LeoFinance3 months ago

Part 2/7:

Mallers articulated that Bitcoin is more than just an investment vehicle; it is a decentralized monetary protocol that cannot be influenced or corrupted by external forces. Unlike fiat currencies, which are subject to manipulations by governments through monetary policy and inflation, Bitcoin operates on a consensus model. This structure, supported by a vast network of nodes, ensures that Bitcoin’s core rules remain unchanged, providing a sense of security and transparency. Mallers emphasized that “don’t trust, verify" reflects a fundamental break from a system where trust has repeatedly been violated—where banks, governments, and institutions have let individuals down.

The Context of Monetary Errors