Contraversial Post:

https://nostr.download/9e42d1558568c1e6a522adbe0866b71daf3f6c3dc919f04e16f62086d67fa132.mp4

BITCOIN IS DESTINED TO FAIL ON ITS CURRENT TRAJECTORY.

No reality where BTC overtakes Gold

Intro

First things first I should straight up tell you the reader, that BTCs explosive growth is not organic. Companies like 3 Arrow capital showed you can greatly game the system with shitcoins, absorbing that economic energy and channeling it into real world assets and Bitcoin where there had to be at least one sound asset to legitimize the whole effort of decentralized money. With the collapse of firms like Binance and 3 Arrow, Wall Street has completely gamed the ebbs and flows of crypto capitalization. Dont believe me? We are at the end of a Crypto Cycle in 2 months and there hasnt been a hint of Shitcoin appreciation completely locking up the volitality of Bitcoin to be constant more or less by 10% of a target price set by Blackrock, Microstrategy and a few influencial holders of BTC from sanctioned states like North Korea and Iran, interestingly enough Russia has joined that sector. I should note alot of the downward pressure is also the US selling btc to slam the price down but I cant prove that, and Coinbase where most btc from major btc Miners globally end up. Turns out you can centralize mining if the BTC isnt being spent in the real Economy. Save this idea for later.

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Wall Street/CIA carefully plans BTC corruption

Behind every Influencer that you watch daily, every podcast economist with a British and Canadian accent with 20 years experience in tradfi and every "Libretarian" that is promoting Trumps executive orders as genius is essentially a funding campaign by the CIA to ensure you stick to Americas financial institutions.

How? Before I get to that point lets talk about some recent discoveries and procliamations by the US government.

In truth I debated with myself how to approach this topic, I could bore all 10 of you with a 100 page essay of connecting the dots in the news to paint my picture of the current reality, but i decided to tackle this a different way.

How is bitcoin failing from its fundamental mission?

Peer to Peer money, that was Saitoshis initial description of Bitcoins success, not BTC being valued by the BIS as collateral for a loan. The idea for success is that people pay their employees in bitcoin, the employees go into the real networked economy and spend that BTC earned. Thats what a real economy looks like, and when the CIA was tasked to eliminate such a threat as alternative shadow banking networks and money not tied to Usury, (which is debt based money designed to take everything from a country to a small group of non christians historically), They knew shutting down BTC wouldnt work in the long run because you cant kill an idea BUT you can corrupt it.

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Lets talk about some recent disturbing news

What triggered me to finally speak out was this bit of news about Tether this year aggressively and increasingly selling off bitcoin on their balance sheet in favor of slowly replacing it with Gold, Gold miners and Gold leveraged companies.

I knew it was happening as early as May but in June, Tether completely understood the geopolitical realities of whats coming. Similar to Bukele recently buying 50 million in Gold which is more than the entire budget of BTC daily buys this year. That sale was a panic buy because Bukele already established mining plans for Gold in El Salvador last yeat theres no need to buy it but the current political situation is moving quickly to a completely two stack divided global economy.

The problem with Western countries is that theyve been convinced that ultimately what matters to a country is its balance sheet. Number goes up means you can afford anything doesnt matter how that number goes up, the change now which Russia and China for the last decade has been warning about is that this will change. It doesnt matter how high the number is if Nations that produce the things you need are no longer buying the scheme.

That brings us to news number 2 China being threatened with War and Sanctions is in a position where it must hit the global reset button.

This year China officially opened up its economy by essentially creating a Gold backed Yuan returning economics back to the traditional Gold started prior to the 1970s. There are numerous Gold vaults outside of China in Brics nations like in Saudi Arabia, UAE that states that Gold is tethered and exchangable into Yuan and vice versa. China has no control over those vaults thus this solves the trust problem about using the Yuan as a reserve currency in Major economic hubs around the World. This is also just the beginning, if this works very rapidly the world will return to Gold as the basis or measurement of economic value.

This is not a pipe dream, constantly we hear the US capital markets are the deepest and most mature, however again this doesnt matter if the US provides no value at all behind those markets besides the threat of terrorism and War. This isnt a hard concept to grasp for those living outside of the US and Europe, its just a institutional brainwashing and fear of what will happen if its impelemented.

Essentially whats going to happen is that countries will be forced to make a decision within 5 years or increasingly less. Go to War with the US or join Chinas Reset plan where Gold is the reserve and Russia heads the design of the BRICS international settlement layers. In the past this process should have take 20 years but now the US has become more and more desperate to solve its critical materials and energy problem which completely locks up the US ability to wage unlimited forever War and create terrorism. Its a Mafia style system not one really run my any metrics of sustainability.

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Lets return to Wall Street/CIA plans for BTC

Theres alot more in the news but I have to cut this short. But lets just talk about how the BTC trajectory cant be sustained.

First we have to come to the conclusion that in order for btc global value to continue it requires two things. Peer to Peer real world economics in order to assert a native value for commodity produced like an employer needing to pay his employees in btc because thats what the employee perfers, or the alternative a value placed upon on it by existing moneys with the value of peer to peer transaction like the US dollar aka Microstrategy using debt to create the demand side pressure inflating the price.

The argument is well what about Gold, why does that get a pass? Because China, India and Russia the biggest GDP by PPP economies just said so.

Without the peer to peer real economh aspect the CIA figured they could use the principals of BTC to actually help the US agenda.

We've had a successful soft coup of Argentina by Milei promising to use BTC to usher in a new economy reality, and then immediately sent the Gold to the UK and Israel oh and selling off natural resources to Black rock and exclusivity rights meant for the state like access to water to Israel. And now currently that same playbook was deployed by Donald Trumps promise of a BTC national reserve.

This will never happen, but the promise is all thats needed to win an election but more importantly the need to keep society hopeful and calm. Instead the first thing approved was a stablecoin/CBDC establishment more on that later.

To note Canadas previous election had a bitcoin candidate promising both loyality to the US/Israel in a trump style campaign but that failed and now Conor Mcgregor a bitcoin candidate again is attempting the same in Ireland without a single hint of a economic plan only loyality to the US and Israel in a Trump style campaign.

This style is literally formulated in a lab now and many opposition leaders parroting the same points without a plan or reason, only bitcoin and the desire to stop immigration by going to war for US/Israel, problems created by Neoliberalism fabricated in the halls of the US and Israel.

The only assured thing in their plan is support for a CBDC/Stable coins to manage Crypto interactions with Bitcoin etc.

But to note a completed CBDC system will be introduced before any attempt to allow Wall Street to fully allow BTC value to flow freely and under the very watchful eyes of the bitcoiners that will just let it happen. Why?

Because in America, Greed always wins even against the individuals basic intuition to survive.

You want a million dollar BTC, then accept that the USD centralized digital and also that you concede to becoming sanctionable if you ever decide you are independent of our slave system.

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Conclusions

So lets draw some conclusions, at the moment its clear the US and Western Countries will not allow BTC economies to organically grow and the final nail planned is stable coin usage. Stable coins are de facto CBDCs because to get a stablecoin wallet you will have to be KYCd.

That only leaves BTC as savings, that is completely fine because then Wall street can control the price and flows of value nothings fundamentally changed in this scenario, you anon wont spend your btc and so like a house youll use The US institutions for loans thus the Usury balance is kept and secured they still own you and can sanction you for political instability.

The added bonus is the US can use this new system to kill their debt on paper while continuing the agenda of terrorism and War trading citizens lives for 1% well being in their bunkers.

Meanwhile the World splits into 2 reserve currency status, where eastern nations use Gold/Yuan/Multipolar currency reserves and the American empire including Europe will increasingly see more activity of trade using a US CBDC/Stable coin between banks. European Euro for instance will fade in relevance for goods and services, American banks and political system wins.

IMO these are just anticipated road blocks anyone could have thought about years ago.

BRICS even in best case hold as much physical gold as the EU for example. Would you therefore say if the EU inflates and reevaluated their gold, bitcoin would therefore become irrelevant? Quite the opposite.

Just let these numbers sink in:

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The overall global payments industry revenue was approximately $3.3 trillion in 2023, reflecting the scale of transaction fees, infrastructure, compliance, and processing costs combined.

Cross-border payment costs are notably high, with average fees ranging from 1% to over 5% of transaction value depending on the corridor and payment type, contributing a large share to total industry expense.

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Sure gold won’t lose all its value over night to btc. But the fact that especially BRICS aren’t aligned yet in a single market and currency, and have to rely on neutral gold vaults is the perfect example.

And what is it with the obsession with “you have to spend your btc and others have to accept it”?

In hyper inflation states you want to spend the inflating money as fast as possible and hold on to the appreciating one for later. Doesn’t mean you CAN’T spend it but why would you.

The invention of the internet took more than 40 years to add about 2 trillion to global GDP. That was in 2010. Today it’s about 16 trillion and still just 3.4%

Until 2010 this was basically just Emails on steroids. Look what then happened.

And when you think about a future integrated with AI gold vaults and 2% margins for payment systems won’t be profitable.

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Discussion

My post is more about the "mission of BTC" while others like to focus on BTCs tradable value.

However I can argue that if Bitcoin mission fails so will its value over time.

Walk with me for a moment as I flesh out the problem in a timeline.

At the moment in the US public companies and ETFS alone are holding 25% of total supply, another 40% is ownes by American individuals. Thats 65% American not even including Europe. Thats at least 70% of the total bitcoin supply thats legally under the pervue of the US government and Fed, thats one executive order away from freezing coinbase accounts and canceling an easy off ramp to fiat.

How can BTC be close to a global reserve currency when over 7 billion people have no need or want for it. The Western bitcoiners are obsessed that BTC has to win but what im challenging everyone to ask themselves is, how relevant is BTC if 90% of the planet is building a new world without it or need for it?

My guess is that if we were have a World War the US dollar wont mean much and the systems westerners want to implement may not be as appealing as they think they are to governments around the world as they imagine especially if its all locked up under the control of a few entities in the US.

The Bitcoin white paper doesn’t claim Bitcoin’s mission as becoming a global reserve currency—that’s just a possible outcome. Its core mission is to enable peer-to-peer electronic cash transactions without needing a trusted third party.

About 15% of bitcoin supply is held under American jurisdiction, and your arguments involve many uncertainties.

For an unbanked person in sub-Saharan Africa, the choice will be what is easiest and cheapest for them, which often is bitcoin despite owning fewer sats. They might use digital yuan or USDT temporarily, but if it inflates, they’ll move on.

The Chinese yuan’s M2 money supply is around $46 trillion USD, backed by gold, while Bitcoin is worth about one-twentieth of that. Also, a digital yuan system carries similar counterparty risks linked to government control.

Not saying that your arguments are wrong entirely, but they sound a bit doom and gloom to me.