egg Profile picture
Jun 16 20 tweets 4 min read
Aside from all the bullish and bearish posts about crypto and bitcoin in general-- I think
it's very important for people to understand the bigger picture of what is going on in the world
Not everyone is going to agree, but this is the reality.
Let's first go into the concept of the gold standard and what the asset truly represents. Gold was a product of value
that was used to back the fiat currency, but as the US dollar drifted away in 1971 everything changed, but the
valuation of gold was kept as the general populati
on believed it to be the foundation of what we call money now. You start to question though, if fiat currencies are not backed by any valuation, what gives it the value that
we believe it to be today? Fiat is strictly driven by the concept of debt, and debt can only go so far un
til it truly collapses. We see evidence of that with the all time high records of individual debt and even the government
suffering from it. So how do we fix this? We can't. Not with the current system that exists to be "bullet-proof".
Fiat was initially created to motivate the simplicity of accessibility. Lightweight, easy to use, and a concept
that is very easy to understand. But overtime, the thesis of it changed into pure greed for power. Present day, money(fiat)
represents power across the globe and the
structural collapse of equality is starting to show on a macro scale. With the record breaking wealth gap that is being precedented-- how far can this really go? Are we at the brink of collapse
at a global scale? Can human civilization really cope with the division that we call
modern capitalism? Everyone is busy doing TA on when the next bull cycle will be and when the next bottom will be, but that doesn't
really matter in the grand scheme of things. We need change, and people demand change.
The people in charge of dictating how we should be living our lives are starting to show cracks of a faulty system and the people are tired.
How do you get the general population that loses trust in their own country that is supposed to show leadership and bring
fate for the future to trust again? Let me get to the point I want to make. We are currently in a very interesting time, and the way VCs and centralized
banks are manipulating at a mass scale to stay on a good note is absolutely astonishing.
At this point, they are just fighting for credibility and looking only short term that the people are refusing to grow families (caused by unaffordability)
and carry on their future with a vision of their own. What more are we than slaves to the system for those that created it.
This was their final test, and they did not fail to disappoint. In my opinion, the final test started in 2020 when COVID struck on a global scale. False media attention, clickbait titles just to create revenue, division throughout the world, and the pure collapse of trust within
people as a whole. We all heard of r/wallstreetbets-- which played a huge role to shine the light on how manipulated the modern stock market truly is. The community destroyed and eventually
resulted in the bankrupcty of major hedgefunds.
However, we are not even close to being done. Now that cryptocurrencies is in the picture, especially Bitcoin, everything changed. (I recommend everyone to actually read the Bitcoin whitepaper atleast once in your life). bitcoin.org/bitcoin.pdf
Keep in mind that hedgefunds, venture capitals, and major centralized exchanges are involved in the ecosystem right now, but what is currently happening is the collapse of those that tried to take away the sole thing that showed hope.
Now they are fighting one last time to prove that they are the ones that control what happens. Celsius for example locking out retail investor funds from complete access of their own money that they cannot own up to due to greed. VCs constantly manipulating the markets to
liquidate retail investors to the point of exhaustion. What is the point they want to prove? Absolute power. They know they can do what they did, but it might be striding towards the end of their time. There is one last capitulation that is coming very fast, and that is the
collapse of those that have been swallowed by their insolvency and greed.
Where do we go from here:
The final capitulation. Bitcoin mining companies are set to be close to bankrupcty in the coming future that is
approaching fast. 2018 was the exact same reason for the downfall (bear market) of Bitcoin, and as cliche as it sounds
history will repeat itself one last time. This will fully liquidate the centralized investors involved. A clean slate.
The final collapse of the greed driven manipulation will be what shines the light on what the people truly deserve.
Hope.

#BTC #Hope

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