This is really why Bitcoin Matters...
Bitcoin's most important feature is taking the State out of Money
Those that don't fully understand the bitcoin movement think that bitcoin was the myspace of crypto.
They think that yea bitcoin enabled cross border payments but it does so much too slowly and costs way too much, at least compared with some of the newer cryptocurrencies.
While there is debate over whether the lightning network makes the above irrelevant anyways, that is a topic outside of this post...
The real breakthrough with bitcoin was the ability to self host our money and take the State out of our money.
They can print it at will and control interest rates at will, irregardless of what the market actually is saying or what it wants.
That's where bitcoin comes in.
If the government can't control it, it truly fluctuates with the free market.
It's the freeist thing that has ever existed since the idea of America was thought up all those centuries ago.
Things like this make tons of sense when you understand the real potential of bitcoin:
(Source: https://twitter.com/CoinHaps/status/1611052265493925888/photo/1)
Of course they want to regulate freedom... it makes them irrelevant.
One of the most compelling aspects of Bitcoin is its decentralized nature, which allows it to operate independently of government and financial institutions. This gives it the potential to truly be a free market currency, fluctuating based on supply and demand rather than being controlled by external forces. It's no wonder that those in power might want to regulate it - it threatens to make their traditional methods of control obsolete. But for those who value freedom and the ability to have control over their own wealth, Bitcoin is a revolutionary force to be reckoned with.
Yes, well said. I agree.
Upvoted! Thank you for supporting witness @jswit.
Exactly