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Opinion: US Citizen using Our Crappy FIAT Banking Perspective to First Buy Bitcoin

When news breaks on Bitcoin and it spikes, how is that happening? Let me explain, it has to be the Big Players still in manipulating the Bitcoin Price. Why? Have you ever bought Bitcoin? Personally? Did you remember how painful the process was and still is?

I think it took me 10 days to get everything setup with the KYC with starting with Wells Fargo Bank and then ditching their crappy process to go with US Bank which was 10 sats better than Wells.

The bar is so low. Now and then. There are all sorts of "regulations" in place to only be able to transfer so much money, per day, per month, etc.

The actual transfer takes several "Business" days or you have to pay huge fees. Never mind the setup process on the receiving end, CoinBase, PayPal, L2 wallets trying to tie into the archaic 'legacy' US Banking Systems.

Newbies to Bitcoin are not buying the news, why? Because of the above process. They hear the news, see the rise, start the process, see Bitcoin drop the next day, "Forget about it." It's manipulation all over again.

I am not super pro Bitcoin ETF (especially not fond of the BlackRock China business connections) BUT Cathie Wood and ARK, I am all for that ease, let a pro like ARK/FIdelitydo the behind the scenes maneuvering to get YOUR money into Bitcoin.

The Anti-Bitcoin movement is as passive aggressive (Wells/US Bank) as it is aggressive (SEC).

Don't fall for it, I can't tell you how many friends of mine have said they were going to go buy Bitcoin but then do not, why?

The orchestrated Pain Points are pathetic, the worst ones are when the PayPals or US Banks/Wells of the world, tell you it is 'for your safety.'

That is such BS, they are worried about the safety of their 100s of years old Business Model that is crumbling slowly, daily.

Bitcoin is Global. The US is not leading in Bitcoin by looking squarely at our SEC/CFTC. A few people.

But they don't have enough fingers to plug the holes in the FIAT dam holding back Lake Bitcoin USA. (Bitcoin Lakes are all over the world.)

For now, my eyes are on Argentina. Go Argentina, lead and let people follow by seeing how you circumvent the man made dams to Bitcoin, one of which is the crappy, legacy, dated, Banking systems. Worldwide.

The people are rising up, Bitcoin is for people, not bankers or politicians.

It is what motivated Satoshi in the first place and keeps Bitcoiners motivated today.

"Broken Money" - Lyn Alden