Bitcoin is fundamentally different from a gold standard.
The gold standard was centralized, controlled by governments that could always manipulate the flow of gold.
They had the power to restrict it, to limit its movement across borders, and ultimately, to control the monetary supply.
Today, people smuggle gold because it’s a cumbersome and difficult asset to move.
Real gold is bound to the earth—it’s fixed in place. You can’t just take it with you as you leave a country; it doesn’t flow easily.
Bitcoin, (not BTC) on the other hand, allows something far more powerful—it enables capital flight, free movement of currency across borders, and a fluidity that terrifies central banks.
Bitcoin, when functioning as a true base layer, can always be traded and moved.
No government can stop it from flowing. This is what makes it so radically different, and this is what truly scares the central banks.
It Is not just some "digital gold."
Real gold, with all its weight, can never be sent through telephone wires.
But Bitcoin, this decentralized, distributrd, SPV person to person network, can travel with you. It follows no physical borders and can be moved without restriction.
The problem with BTC is tdevelopershat it no longer serves this purpose. BTC is something for the elites, a tool for those in power to continue exerting control.
It only works when developers and central authorities can’t alter the system, but BTC has been compromised by changes that reflect centralised control.
Bitcoin, in its true form, is freedom—it’s unchangeable and untouchable, unlike the centralised, manipulated systems of the past.
S. Tominaga AKA CSW
Oct 6, 2024
https://threadreaderapp.com/thread/1842856419336597628.html
https://t.me/S_Tominaga/1088
The gold standard was centralized, controlled by governments that could always manipulate the flow of gold.
They had the power to restrict it, to limit its movement across borders, and ultimately, to control the monetary supply.
Today, people smuggle gold because it’s a cumbersome and difficult asset to move.
Real gold is bound to the earth—it’s fixed in place. You can’t just take it with you as you leave a country; it doesn’t flow easily.
Bitcoin, (not BTC) on the other hand, allows something far more powerful—it enables capital flight, free movement of currency across borders, and a fluidity that terrifies central banks.
Bitcoin, when functioning as a true base layer, can always be traded and moved.
No government can stop it from flowing. This is what makes it so radically different, and this is what truly scares the central banks.
It Is not just some "digital gold."
Real gold, with all its weight, can never be sent through telephone wires.
But Bitcoin, this decentralized, distributrd, SPV person to person network, can travel with you. It follows no physical borders and can be moved without restriction.
The problem with BTC is tdevelopershat it no longer serves this purpose. BTC is something for the elites, a tool for those in power to continue exerting control.
It only works when developers and central authorities can’t alter the system, but BTC has been compromised by changes that reflect centralised control.
Bitcoin, in its true form, is freedom—it’s unchangeable and untouchable, unlike the centralised, manipulated systems of the past.
S. Tominaga AKA CSW
Oct 6, 2024
https://threadreaderapp.com/thread/1842856419336597628.html
https://t.me/S_Tominaga/1088
Comments
Be the first to add a comment
Log in to comment