jamw on Nostr: 💯 - to class it an asset was with total intent for control and taxation. ...

💯 - to class it an asset was with total intent for control and taxation.

quoting
note1f0a…vh82

When the US government calls #Bitcoin an “asset,” it is not a random or neutral choice. It is a political and protectionist stance.

The government, the media, the central bank, universities, and large corporations are all, in an interconnected structure, afraid of anything that we call independent.

If #Bitcoin is accepted as money, meaning that people start their daily lives with it, working, valuing, investing, and exchanging, then the dollar will no longer be the only player on earth.

And if the dollar is no longer alone, the Federal Reserve will no longer be able to impose war, debt, inequality, and inflation on the people by printing endless money.

#Bitcoin takes the power to print money out of the hands of governments and turns it into mathematics. It writes a law that is immutable, and that is a nightmare for power structures.

That’s why everyone is trying to make #Bitcoin an “asset” instead of “money.”

Being an asset means something to invest in, something to be on the stock exchange, something to be held by the elite, something to fluctuate…

Not for freedom, not for spending, and not for everyday life.

One thing is certain:
The traditional structure of governments, central power banks, universities, large corporations, and mainstream media hate #Bitcoin. Because #Bitcoin is a direct threat to their dominance.

If #Bitcoin ever replaces the dollar, the Federal Reserve will be virtually powerless. And they know it.

That’s why they are trying with all their might to change #Bitcoin, define it, and limit it.

But they have forgotten:
#Bitcoin was built to resist.