November 13, 2024

Read_853 - Bitcoin Appeals to the Old System's Deepest Flaw

50 minutes

"How could any financial system avoid being captured by those who already hold the most power and wealth? Won’t it just lead to the same unequal system again, only in a new form?” you might ask. The answer is as simple as it is powerful."

— Petter Englund

Will a Bitcoin-based economy simply perpetuate the same inequalities as our current system with the same elite dominating, or does it offer a fundamentally different paradigm? Can a system based on sound money actually reduce the influence of the wealthy and powerful, and incentivize the creation of real value? Dive into this thought-provoking article and Guy's rant to follow, as we explore the potential of Bitcoin to radically transform our economic landscape.

Check out the original article at Opting In: How Bitcoin Appeals to the Old System’s Deepest Flaw to Radically Transform It by Petter Englund (Link: https://tinyurl.com/3ej7s3zh)

Link to check out**

Bitcoin is the Great Definancialization by Parker Lewis (Link: https://tinyurl.com/vhnz7zsf)

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“All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.”

― Ludwig von Mises

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By Guy Swann

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