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RE: LeoThread 2025-07-19 07:00

in LeoFinance3 months ago

Part 6/14:

While conventional banks often emphasize speed and efficiency—e.g., fast production of burgers in fast-food chains—Antonopoulos argued that Bitcoin’s real strength lies in unleashing creativity and providing trust through decentralization. He asserted that the current financial system is optimized for profit for a tiny elite, not for individual freedom or innovation.

Critique of the Bank-centrism and Surveillance

He sharply critiqued traditional banking and fiat systems, which rely on identification and surveillance—building a "totalitarian", "broken" infrastructure that favors privilege and privacy invasion. Instead, Antonopoulos advocates for a system where financial inclusion is possible without enabling oppressive surveillance and borders that hinder international trade.