In fact, although I do not support our ⭐ "positive corruption" so much rejection of cryptocurrency, I do not understand but I understand. I do not violate the principles of the problem, it does not affect me at all.
Now I always believe that seizing and joining the Web 3 world is the opportunity for ordinary people like us to turn things around! !
Financial revolution in the dark:
After the subprime mortgage crisis in 2008, the ugly and greedy face of Wall Street capital prompted the liberal idealist Satoshi Nakamoto to invent Bitcoin. He longed to create a financial system free from government control and regulation, allowing individuals to freely control their own wealth and transactions, realize financial sovereignty, and prevent personal wealth from being looted by the government through excessive currency issuance.
A road of rebellion:
Now, "anarchic currency" is stored and backed by governments, which should be beyond Satoshi Nakamoto's original idea. Bitcoin, which was created for decentralization as its core concept, was previously pursued and blocked by the most centralized organizations in the world - governments. You know, the government is actually the largest violent agency with the legal right to mint coins and collect taxes, and Bitcoin was invented to overturn the table, which is intolerable, absolutely intolerable.
However, over the years, governments have not only failed to kill Bitcoin BTC, but have made it more and more famous. With the accelerator effect of the epidemic, decentralized organizations and atomic cooperation models have gradually become a new form of social organization.
"Correct corruption" - the biggest player behind the scenes
If you can't kill them, then surrender. We are all too familiar with this play.
We know that the global Bitcoin holdings rankings from first to sixth are: Coinbase Exchange (including the Bitcoin held by the fourth-ranked global asset management giant BlackRock Bitcoin ETF and the sixth-ranked American well-known IT listed company MicroStrategy, both of which are traded on Coinbase), Bitcoin founder Satoshi Nakamoto, Binance Exchange, BlackRock Bitcoin ETF, MicroStrategy (NASDAQ: MSTR), and asset management company Grayscale Bitcoin ETF.
The seventh is the US government, which holds the most Bitcoin at the government level. As of December 11, the US government holds about 200,000 Bitcoins (about 20 billion US dollars).
Second only to the US government is the Chinese government, which also holds about 190,000 bitcoins due to the seizure of fraud gangs, ranking 11th in the world. The development of bitcoin mining was made by the spirited young men in the 80s and 90s (I won’t go into details here, I will share with you if you are interested)
However, due to the anonymous nature of Bitcoin, the data on Bitcoin held by the U.S. government and the Chinese government in this ranking does not come from official announcements, but from statistics on various public cases and information. For example, the U.S. government's data mainly comes from SEC documents, quarterly reports and press releases. These 213,000 bitcoins were confiscated from illegal activities through law enforcement actions, such as bitcoins seized from the dark web black market Silk Road and the Bitfinex hacking case; and the Chinese government's data also comes from fines and confiscations.
Now that the government has accepted it, the future of Bitcoin is easy to foresee. In the global asset rankings over the past decade, Bitcoin has won eight championships, surpassing His Majesty the Flying Man in strength.
In a sense, Bitcoin is no longer a simple cryptocurrency, it represents a transfer of financial "power", a game of capital and control. And the maintenance game has no home at all, only witnesses of history.
The forces that once tried to destroy Bitcoin are now simply contributing to its fame and liquidity. Governments may have discovered that Bitcoin is not only impossible to "destroy", but can even be programmed to "charge" their economies.
There are many ways to deal with Bitcoin, but the crypto world will eventually become the future!
In the future, the evolution of Bitcoin will continue to surprise people. Can it continue to maintain its decentralized spirit of freedom under government rule? Or will it eventually evolve into another "digital legal tender" under government control? The most shocking upheaval in history has just begun.
CC asks everyone, imagine you have 100,000 💵, which one would you choose to buy, BTC or ETH?