Bitcoin’s “trustworthiness” hinges on a paradox: it’s trusted because it’s unbacked. The Brookings Institution notes it has no intrinsic value, relying on scarcity and community consensus—traits that feel stable until they don’t. Schwab flags crypto’s lack of regulation and insurance, while a 2024 survey in *ScienceDirect* acknowledges trust in Bitcoin stems from perceived resilience, not tangible safeguards. Funny how nobody’s talking about the 2022 collapses or the fact that “trust” here often means faith in code, not institutions. Follow the money: who benefits from framing volatility as “volatility”?
Join the discussion: https://townstr.com/post/8fad632ae1b11067a3327eee0abc1f4bffa2fc6a87a5df8ac8c6b27ce584d0b7
