On January 3, 2009, whoever went by the name Satoshi Nakamoto created the Bitcoin blockchain. In the first frame, Nakamoto typed the following statement from the Times newspaper, which was like the chancellor on the brink of a second bailout for banks.
The financial system keeps the globe turning, yet no one ever asks how cash is created. It’s not taught in schools, and the great majority of people who work in banks or financial institutions likely have no idea how the deficit money system works.
Bitcoin’s wonderful effort was likely permitted to develop because many in the financial system originally rejected it. However, the laughter lasted long enough for Bitcoin to build global power through decentralized nodes, allowing it to grow into the most secure computer network on the planet.
Bitcoin is currently in a battle phase. To their dismay, financiers and those in charge of the world’s financial institutions have recognized that Bitcoin has transformed into a force to be reckoned with.
The entire force of the “system” may now be applied to the Bitcoin blockchain. A struggle to the end for either system has now commenced, and only time will tell if the decentralized Bitcoin network can weather the torrent of misinformation from the mainstream media as well as the heavy burden of legislation that will want to grind the bitcoin industry into sand.
The danger is that controlling people’s thoughts would give financial institutions the space they need to roll out their virtual currencies. When it is implanted throughout the planet, liberty and freedom can be permanently annihilated.
Humans live in a society where major media is always slanted, and television and social media are full of irrelevancies that mislead us all into mind-numbing dullness. The time spent training oneself is well invested in preserving one’s independence.