"How could any financial system avoid being captured by those who already hold the most power and wealth? Won’t it just lead to the same unequal system again, only in a new form?” you might ask. The answer is as simple as it is powerful." — Petter Englund
Can a Bitcoin-driven economy break free from the existing power structures, or will it merely replicate the same elitist dominance we see today?
Does the concept of sound money have the potential to diminish the sway of the affluent and mighty, instead rewarding genuine value creation?
Exploring Bitcoin's capacity to revolutionize the economic status quo.
Article "How Bitcoin Appeals to the Old System’s Deepest Flaw to Radically Transform It"
https://medium.com/@penglunds/opting-in-how-bitcoin-appeals-to-the-old-systems-deepest-flaw-to-peacefully-transform-it-910cd1b4ed62
William K⚡Santiago🔑☢️
npub1h3…w96sj
2024-11-14 18:33:12
Author Public Key
npub1h3fzzzeq60acjvnyvw34rpn5clkaueteffmkt3ln4ygekg9lcm0qhw96sjPublished at
2024-11-14 18:33:12Event JSON
{
"id": "c952f1ca9321bd17232b3c74c6b2f58f993d6676c40d287073756494b03f5d21",
"pubkey": "bc52210b20d3fb89326463a3518674c7edde65794a7765c7f3a9119b20bfc6de",
"created_at": 1731609192,
"kind": 1,
"tags": [],
"content": "\"How could any financial system avoid being captured by those who already hold the most power and wealth? Won’t it just lead to the same unequal system again, only in a new form?” you might ask. The answer is as simple as it is powerful.\" — Petter Englund\n\nCan a Bitcoin-driven economy break free from the existing power structures, or will it merely replicate the same elitist dominance we see today?\n\nDoes the concept of sound money have the potential to diminish the sway of the affluent and mighty, instead rewarding genuine value creation?\n\nExploring Bitcoin's capacity to revolutionize the economic status quo.\n\nArticle \"How Bitcoin Appeals to the Old System’s Deepest Flaw to Radically Transform It\"\nhttps://medium.com/@penglunds/opting-in-how-bitcoin-appeals-to-the-old-systems-deepest-flaw-to-peacefully-transform-it-910cd1b4ed62\n\n",
"sig": "60bd904cf2ed539123ffb2be6b4182f9d4a7f4676b7b8df89c15755ec30b375247cf38c9ac876a355e117b10338b045e4598144ad5cc705aa10965dfd28cf9f9"
}