The people pulling the strings use language as a form of soft power.

The usual term is “flight to safety”. This is what’s used when describing capital’s rotation into gold during hard times. There is no convincing you that gold isn’t safe, that ship has sailed.

When discussing bitcoin, there are similar properties that allow it to be a flight to safety for capital during hard times, however, bitcoin is not as easily centralized as gold is. Much harder for the state to monopolize, naked short, manipulate the price etc.

Bitcoin isn’t a flight to quality, it’s a flight to safety, because the system isn’t safe.

#bitcoin