Jacob King
Jacob King|Jun 04, 2025 02:23
The Bitcoiners of 2009 preached true decentralization, transparency, and accountability. They despised banks—and rightfully so. Banks had just orchestrated a massive scheme that sent shockwaves across the global economy. By 2025, Bitcoiners are the complete opposite. They embrace centralized entities like Tether and praise banks nonstop, pushing products and sentiments designed solely to manipulate prices. Throwback to 2008: banks urged the public to buy mortgage-backed securities to inflate the bubble, while secretly shorting them behind the scenes—knowing full well it would burst. The same playbook is being used today. Wall Street and figureheads like Michael Saylor don’t care about Bitcoin itself. They care about making fiat gains. And they do it by luring sheep into a space most don’t understand. Satoshi would be horrified by what his creation has become. If he had a red button to end it all, he’d press it without hesitation. Bitcoin is now just a tool for fraud, greed, and self-interest—no longer about innovation or utility.
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