This is a critical juncture in Bitcoin’s evolution. If people reject using it as a medium of exchange in favor of more “convenient” wrappers like custodial wallets, CBDCs and CBDC-like stablecoins, this semi-final stage of its evolution will be cut short. Bitcoin will never become the tool for freedom many of us hoped it to be. These wrappers mimic the old fiat control grid while siphoning liquidity out of the real network. Bitcoin remains the base layer of truth, but truth unused is truth forgotten. Forgotten truths get buried.
Right now, the odds are heavily stacked against it. And make no mistake, no amount of “friendly” regulation or “pro-Bitcoin” politicians will fix that. The only way forward is for plebs to take responsibility: keep stacking spot, move coins to cold storage, use second layers like Lightning for real commerce, run nodes, and demand proof of reserves from exchanges and ETF custodians.
That’s the only path to break the controllers’ grip. It stops them from putting downward pressure on the spot price (like right fucking now), from inflating the 21-million cap through synthetic wrappers, and from delaying the self-custody insurgence that Bitcoin’s survival depends on. They know the game pretty well, it’s time for you to remember how to play.
quoting⚡️💬 NEW - Economist Mohamed El-Erian says Bitcoin is evolving into a store of value like gold.
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From “scam” to “digital gold” in one decade.