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2024-01-07 23:31:04

Dr. Jeff on Nostr: The fiancialization of #Bitcoin by Wall Street has always been inevitable. I'm not ...

The fiancialization of #Bitcoin by Wall Street has always been inevitable.

I'm not even very bright, but I've been talking about this happening for many years.

So this week will simply mark another milestone in the growth and development of the #Bitcoin monetary and financial network.

What's more interesting (to me) is what will happen over the ensuing years and decades.

As a completely separate monetary and financial network from the US dollar-led fiat/credit based network, I think that #Bitcoin will eventually grow too unwieldy and powerful to be contained by Wall Street, as well as by most corporations and fiat-based governments.

Eventually, possibly as soon as the 2030s, #Bitcoin will actually overpower fiat/credit-based entities, break free from their attempts at control and coercion, sever all remaining ties, and separate government from the production and control of money.

Truly, it will be a brave new world.

And, dare I say, it will be a much better world for the vast majority of humanity.

It's not a speculation, an investment, or a portfolio hedge...

#Bitcoin is better money for a better world.
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