Do the world’s people still not get bitcoin?Do the world’s people still not get bitcoin?

cryptodailyОпубликовано 2022-03-17Обновлено 2022-03-17

Введение

Is Bitcoin the best kept secret in the world?

With a western government seizing the funds of its citizens, with countries at war, and their people stripped of their wealth, with around 2 billion (25%) of the world's population unable to gain access to financial services, how is it that only around 81 million people own a bitcoin wallet?
Is Bitcoin the best kept secret in the world? We live on a planet where the financial system is built on the promises of governments, and their fiat monetary system. 
It didn’t start like that. The bits of paper that are printed with reckless abandon today, used to be tied to real money in the form of ounces of gold. However, that demanded too much discipline of governments who wanted to spend more than they earned.
Nixon took the US completely off the backing of the gold standard in 1971, and it's been downhill ever since. Trillions of dollars are printed with gay abandon every time it looks as though the system is about to crash. Inflation is rampant as a result, and the purchasing power of the average person is deteriorating at an ever-increasing rate.
The until now mild and harmless government of Canada, turned dictatorial overnight, and came down on its own citizens with police batons and seizures of their bank accounts, just for daring to protest against certain health mandates.
Russian citizens have had financial sanctions levied against them, not because they are taking part in any war, but simply because they are Russian. Perhaps this is an incentive for them to rise up and face their own country’s ruthless police batons.
And then there are the unbanked and the underbanked. Billions of people who have been turned away from banks, or who have not been granted the same access as those wealthier than they are. The current monetary system is run by the wealthy, for the wealthy.
So we get to Bitcoin. According to the world’s media for most of the last few years, it is the most despicable thing. A way for money launderers, financiers of terrorism, and any illegal practise you can think of, to transact outside of the banking system.
Bitcoin was never affected. It is mathematical, and it just keeps doing what it was programmed to do by its creator Satoshi Nakamoto 13 years ago. It has no governments or central banks in charge of it, deciding to inflate or deflate the supply in order to create booms and busts. It just keeps ticking over and another block gets mined every 10 minutes or so.
The US president recently signed an executive order on crypto. In the order the language is all about the “risks” that Bitcoin and other cryptocurrencies will have on the stability of the monetary system. Not a word is breathed on how that monetary system is on the edge of collapsing in on itself in a pile of rotting putrescence. 
Fiat currencies are pieces of paper that used to be promises to pay the bearer in gold when it was demanded. Now they are just spirited out of nowhere by tapping some zeros on a computer keyboard. They are based on debt, and over time they are 100% sure to go to zero.
On the other hand, Bitcoin is sound money, just like gold and silver are sound money. There is a limited supply, and we all know with mathematical certainty when that supply enters the market. It cannot be manipulated by governments, and its decentralised, worldwide nature means that it is beyond any government or agency to destroy.
It may well be argued that the reason Bitcoin has not been more widely adopted is that the powers that be have a stranglehold over the world’s media. What we see and hear has much of the time been paid for by those who hold the purse strings.
Most people still listen to the august and untouchable leaders of banks and financial organisations, who heap scorn on Bitcoin from their lofty perches, but who are ready and willing to pay the next fine for the latest criminal transgression by their bank.
These are the reasons why people still haven’t understood the implications of Bitcoin. The curtain that hides the current system and what is going on behind it has such a veneer of respectability that most will not peep behind it.
Time for the average Joe to get some Bitcoin is running out. Banks and other institutions are starting to buy it themselves, knowing that this is the only way out. The trick is to just buy and hold, as short term fluctuations are likely to shake out many weak hands.
The only path to any kind of monetary freedom is Bitcoin. The sooner the world’s population realises it, the sooner we can all walk down that path together.

Похожее

The Rally That Wasn't

The article analyzes Bitcoin's sharp decline amid a shift in macroeconomic expectations, with strong US job data leading markets to price out Fed rate cuts. Bitcoin fell 13% to around $67,000, triggering significant outflows from US spot ETFs and indicating institutional de-risking. On-chain data confirms a bearish structure. Price has dropped back into the "bear market range," with the Short-Term Holder Cost Basis falling below a key mean level—a pattern last seen in early 2022. The profitability bias has collapsed, with loss realization now dominating, mirroring a panic wave from February. Recent buyers who accumulated near the $82k top are under pressure, and loss realization is accelerating across both short-term and long-term holder cohorts. Off-chain, the rally failed at the aggregate US ETF cost basis near $83k, turning it into resistance. Spot market demand has deteriorated sharply, with sellers dominating order books. While a major long liquidation event cleared over $400M in leverage, spot buyers have not returned to absorb supply. Options markets show sustained demand for downside protection (elevated put premiums) but not panic, with volatility premiums near three-month highs. The conclusion is that the market remains fragile, with overhead supply from trapped ETF investors, weak spot demand, and accelerating losses. Without a return of spot buying and a reclaim of key cost bases, Bitcoin is vulnerable to further downside within the prevailing bear market structure.

insights.glassnode5 ч. назад

The Rally That Wasn't

insights.glassnode5 ч. назад

Торговля

Спот
Фьючерсы

Популярные статьи

Как купить WAR

Добро пожаловать на HTX.com! Мы сделали приобретение WAR (WAR) простым и удобным. Следуйте нашему пошаговому руководству и отправляйтесь в свое крипто-путешествие.Шаг 1: Создайте аккаунт на HTXИспользуйте свой адрес электронной почты или номер телефона, чтобы зарегистрироваться и бесплатно создать аккаунт на HTX. Пройдите удобную регистрацию и откройте для себя весь функционал.Создать аккаунтШаг 2: Перейдите в Купить криптовалюту и выберите свой способ оплатыКредитная/Дебетовая Карта: Используйте свою карту Visa или Mastercard для мгновенной покупки WAR (WAR).Баланс: Используйте средства с баланса вашего аккаунта HTX для простой торговли.Третьи Лица: Мы добавили популярные способы оплаты, такие как Google Pay и Apple Pay, для повышения удобства.P2P: Торгуйте напрямую с другими пользователями на HTX.Внебиржевая Торговля (OTC): Мы предлагаем индивидуальные услуги и конкурентоспособные обменные курсы для трейдеров.Шаг 3: Хранение WAR (WAR)После приобретения вами WAR (WAR) храните их в своем аккаунте на HTX. В качестве альтернативы вы можете отправить их куда-либо с помощью перевода в блокчейне или использовать для торговли с другими криптовалютами.Шаг 4: Торговля WAR (WAR)С легкостью торгуйте WAR (WAR) на спотовом рынке HTX. Просто зайдите в свой аккаунт, выберите торговую пару, совершайте сделки и следите за ними в режиме реального времени. Мы предлагаем удобный интерфейс как для начинающих, так и для опытных трейдеров.

344 просмотров всегоОпубликовано 2024.12.11Обновлено 2026.06.02

Как купить WAR

Обсуждения

Добро пожаловать в Сообщество HTX. Здесь вы сможете быть в курсе последних новостей о развитии платформы и получить доступ к профессиональной аналитической информации о рынке. Мнения пользователей о цене на WAR (WAR) представлены ниже.

活动图片