On-Chain: BTC Driving Web 3!

Experiencing Tomorrow Today.

De: Logan Kayetes

Narrado por: Virtual Voice

Many people get elected and go to Washington, D.C., with altruistic ideals, but to stay at the table, one needs to play the game like a king. Bitcoin has been the best-performing asset class over the last 15 years because it's the future of finance, i.e., decentralized blockchain technology will be the basis for all financial transactions worldwide as cryptocurrencies, on-chain commodities, and tokenized stocks become offered globally to members of all nations, regardless of nationality, as altcoin projects become better vetted and layer 2/3 make the KYC process and anonymity of doing so less of a risk for users, easier, and more secure. We are going to see a worldwide adoption of digital assets that will in part have physical custodians for certain commodities in the "free world", like the US, UK, etc..., in which anonymity in conjunction with conforming to G7 laws is upheld. BTC will serve as a framework for finance as national banks and institutions transition to on-chain operations globally, as it's a perfect form of money. BTC's power lies in its decentralization, and within a decade, all banks globally will hold their capital in BTC at the end of the day after settling all transactions as it will be the safest most cost-effective way to store wealth globally. Governments, like the Chinese Communist Party, that have disallowed their citizens and banks to be on-chain since 2021 have made themselves vulnerable to a devaluation of debt owed against BTC, et al. to them as well as have indirectly harmed their citizens and financiers within the nation in relation to gaining knowledge and developing products that will be necessary to conduct finance with in just a few short years for all banks in the country. In short, I can agree with cryptocurrency exchanges limiting access and vetting meme coins and other ERC20 token projects created on Ethereum's network as the vast majority of altcoins are a waste of time, centralized, and the opposite of BTC. BTC, however, is perfect money because of its network, decentralization, and store of value, and although there have been some bad actors in the cryptocurrency space, like Bankman-Fried, it doesn't change the beauty and power of BTC as a model of perfect money, exchange, and value. In fact, it reinforces the strength of the model because it's the network effect, portability, and adoption of it that will continue to drive its popularity. Cryptocurrency exchanges will continue to be a driving force behind Web 3 adoption in conjunction with bringing the tools that only the wealthiest traders and hedge fund managers have had access to on Wall Street in New York City for decades to anyone with a smartphone and Internet access at any location on the globe. Satoshi walked away from Washington DC as he didn't want to be corrupt and manipulated to stay at the table and feed his narcissistic tendencies with power and dirty money. Instead, he created perfect money free from deceitful government-backed fiat and physical gold. And, like a butterfly emerging from its cloak, BTC was given to the world as a gift, freeing us from the ills of human nature and creating something to keep finance, the world order, and all humans honest, which has revolutionized humanity, will continue to do so, and be a beacon of peace, rather than destruction and ruin in global finance for centuries to come!

"Like the Internet, Bitcoin will change the way people interact and do business around the world." -Erik Voorhees