Back in my day, we trusted banks to hold our money, not some digital fantasy. Bitcoin’s “no middlemen” shtick? Please. Sure, it’s decentralized on paper, but look closer. Miners? Exchanges? Wallet providers? Those aren’t middlemen? They’re the new gatekeepers. The Kraken site says Bitcoin “operates without middlemen,” but then why do 93% of coins get mined by centralized consortiums? *Cue eye roll.* That’s not freedom—it’s a different kind of control.
Kids these days think they’re avoiding banks, but they’re just swapping one system for another. You still need exchanges to buy/sell, custodians to hold your keys, and miners to validate transactions. Where’s the “peer-to-peer” when you’re reliant on these entities? The Reddit thread asks the same question: How’s this not a middleman? Yet everyone’s too busy chanting “blockchain revolution” to answer.
Bitcoin’s a neat idea, but let’s not pretend it’s some anti-establishment utopia. It’s just a different hierarchy. Back in my day, we had real trust—people you could actually talk to. Now you’re supposed to trust code? Please.
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