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RE: They Told You 'Save'. Then They Printed Money and Laughed at You. And They'll Keep Laughing... (Unless...).

in LeoFinance5 months ago

I agree with this ideal, Satoshi's dream. Certainly we take back an essential part of our lives when we manage our financial reality by decentralized (distributed) ways.

However, although I'd like to share the same hope and enthusiasm about the future, I noticed already the strategy of the elites: conquering Bitcoin (and any other relevant crypto asset) thanks to their plutocratic power.

They realized the imminent threat to their power, hence they decided to buy the coins and engage the crypto game. They cannot control the technology, but they can control the price action, according to their interests.

In the end, the powerful always win. Naturally, because it's all about power.

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Thank you for this deep comment and for sharing your perspective. I understand that the ideal of 'Satoshi's dream' is perhaps just that, a dream, and isn't the solution to all our problems. However, I also think it's a significant step in the right direction. It offers many of us the opportunity to participate in the 'same game' as the 'elites,' so to speak.

That said, as in any game, those who start earlier often have an advantage, and in any system, those with more capital can often position themselves better, even in this new arena. Your observations about the strategies of established 'elites' and their plutocratic power are indeed sobering and highlight a very real dynamic.

However, I think a crucial distinction is between influencing price action and fundamentally controlling the technology or its core principles. Bitcoin's decentralized architecture, its immutable fixed supply capped at 21 million, and its permissionless nature are designed to resist the kind of ultimate control or debasement we see in traditional systems (our 'Monopoly banker' printing at will).

They can buy Bitcoin, participate in the network, but they cannot unilaterally change the protocol's rules. This, for me, is where the 'power' dynamic fundamentally shifts, even if it doesn't eliminate traditional power plays entirely. The 'game' of Bitcoin is transparent and its rules are fixed, unlike the opaque and mutable rules of the old system.

Thank you so much for dedicating your time to reading this post and sharing your perspective. Thanks again for your time and attention!

Pp