05/25/2025
I'm a Bitcoin maxi. That means that Bitcoin is engineered money - a digital gold - and anything competing with BTC to be a digital gold money is an absolute scam โ ๏ธ
There is no need for digital silver.
So then what is "crypto" โ๏ธ
99% of crypto = sh*tcoin scams โ ๏ธ
The only reason for crypto to exist at all is not to compete with Bitcoin but rather to compliment BTC.
The only reason for crypto to exist is to evolve BTC from digital gold to pristine collateral.
This is best demonstrated in the protocols that form what we call "Decentralized Finance"
At the intersections of these DeFi protocols we can see what I've termed the "Internet Economy"
The internet economy is an aggregate economy of the world, no one economy can control it, no one economy can outcompete it.
The internet economy removes the banker - the human element - and replaces that counterparty risk with smart contract risk.
The internet economy is the only economy in the world that offers true free market interest rates on its reserve asset -> BTC.
There will be both centralized & decentralized solutions that don't compete with bitcoin at all but instead solidify its evolution from digital gold to pristine collateral.
These complimentary solutions will establish a true free market yield curve, this is the future of finance!
Lack of clear regulations has led to potentially valuable crypto protocols being disincentivized, while worthless "art" and memecoin "collectibles" hijacked the technology from its true purpose.
I believe we're now entering a phase where the idiocracy of art and collectibles will be exposed for the grift that it is while the value of the DeFi internet economy will take its rightful place in global finance.
Is anyone surprised that the monopolisitc banking & finance powers that be tried to drive the technology to facilitate a worthless marketplace of art & collectibles?
The future of finance is being built around bitcoin equity as the most pristine form of collateral in the world and legitimate crypto protocols that strengthen the decentralized internet economy, build out the free market yield curve, and secure BTC as pristine collateral are the real revolution! โ
Without Bitcoin, there is no reason for crypto to even exist at all.
If USA ๐บ๐ธ wants to be the crypto capital of the world, we must recognize the facts:
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SHA256 creators
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Largest Hashrate contributors
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Largest corporate holder $MSTR
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Largest institutional holder $BLK
Bitcoin is why crypto exist, it must lead the way in all economic, fiscal, and monetary policies of USA.
No cap gains on BTC โ
Tax sh*tcoin scams into destruction.
If this happens, the marketplace is healing, and we can truly move into a golden age of free market finance based on engineered money ๐