The new administration of the United States together with most of the Western governments still do not understand the lesson: Bitcoin is not the enemy, that role belongs to the Federal Reserve and the Central Banks of the world, main promoters of the economic debacle that we live in the planet since World War II.
It is honestly exhausting to listen to the statements of Mrs. Yele, Secretary of the Treasury of the United States, Mrs. Lagarde as head of the European Central Bank and Mr. Powell in his role as head of the Federal Reserve against the BTC. From their mouths have come out stupidities such as that with the main cryptocurrencies terrorism is financed, drug trafficking and it is a model that wastes a lot of energy, of course all that are just lies.
Ironically the mouths of officials are silent when they cannot explain the fact that most of the transactions considered as money laundering are carried out by banks in tax havens. Nor do they move their lips and tongues to explain why their respective currencies lose value over time and the only measure that is effective for them is none other than issuing money infinitely, knowing that this technique causes a huge devaluation of money and eventually fosters inflation.
While BTC and cryptocurrencies sail in the opposite direction to fiat currencies, particularly those with limited supply (bitcoin) are presented as the ideal money to overcome the widespread inflation caused by the fiat model. In general, those who have considered exchanging their fiat money for cryptocurrencies are witnessing how their funds (and lives) have changed substantially as their digital money becomes a shield against poverty.
Precisely this quality of BTC and decentralized cryptocurrencies gives them a tremendous advantage over fiat money, therefore new generations (and not so new generations as well) increasingly feel more and more confident in this type of digital and decentralized money. It is difficult to argue against cryptos when 11 years ago a 40$ pizza was paid with BTC 10,000 that if they had been saved today would represent 480,000$, while few to almost nothing are worth today those few greenbacks.
Looking at things cold, there is no better method of retirement savings and withdrawal than bitcoin. Compared to the U.S. dollar and gold our friend the BTC has not stopped increasing in value from the time it started the genesis block to this day. Since its inception when the first exchange rate was set at 1,309.03 BTC per $1 (€ 0.7) the cryptocurrency has appreciated around 4,000%, much more than gold or any Wall Street stock.
Maybe the volatility of the BTC price is what causes doubts and confusion among people, especially those who want to start their way in this world of cryptocurrencies. In the meantime, more and more people are benefiting from this new style of digital economy with BTC at the forefront knowing that this cryptocurrency will not stop revaluing as its total supply concludes. There is still time to join the winning side.
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These people just think they're smarter than everyone else and the vast majority of them have been around money-printing so long they don't even recognize it for what it is anymore. If every time you needed money you could just go outside and grab it off your tree, would you worry about how you spent it? No. You'd just do whatever you wanted. You'd buy your friends, you'd buy influence with the businesses in your town, you'd shower your political leaders with gifts, you'd throw it around to the community and try to spread it as far as you could making people like you, and you would for sure make sure your gardener was more than generously paid to keep your tree growing.
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Yes, obviously seeing that this system works for them they will have no interest in changing it, but the problem is that as it only benefits a few and harms the vast majority of people they will see how the control of the population will get out of hand. What is coming is quite serious and that is why they feel that BTC is the enemy.
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