All nice revolutions encounter resistance as social change strikes its manner via the individuals. This may occur regularly then all of a sudden, however resistance might be there. Folks don’t simply change their world views. We (Individuals) are about to expertise the following chapter within the nice financial struggle, by the use of a Bitcoin ETF approval. This approval will change the course of Bitcoin adoption for higher or worse, and is an efficient cause to be warned of what’s to return.
The Bitcoin ETF approval will ship an enormous message to cash managers world wide, that’s that “We, the US Authorities, deem bitcoin a protected asset so that you can spend money on”. Now When you’re like me, you possibly can care much less what the SEC says or does, that is freedom cash. However for hundreds of thousands of individuals throughout America, this can be a large inexperienced flag that it’s protected to have BTC publicity.
When you’ve got spent any time on Twitter or have adopted monetary markets information then you’re in all probability sick and bored with listening to about Bitcoin ETF utility kind updates, pushed deadlines, insider whispers, and all of the nonsense that goes together with this large second. For good cause that is getting an enormous quantity of protection, and for that cause alone it is best to take a pause to ponder what’s about to occur. The tin foil hat in me is buzzing. At any time when media protection is in lockstep, this often means one thing is being coordinated.
“First they ignore you, then they giggle at you, then they struggle you, then you definitely win.”
– Mahatma Gandhi
So what precisely is being coordinated you ask? Good query, I don’t have the solutions, solely hypothesis. I count on the ETF approval to ship shockwaves via markets in a technique or one other leading to each supposed and unintended penalties. The half that worries me is that we’re effectively within the crosshairs of the US Authorities as a risk to the regime. Within the phrases of Gandhi, we’re firmly within the “then they struggle you” stage of the revolution, the one factor about this struggle is that the US Authorities is probably going preventing unconventionally. There’s 100% assure that they’re executing psychological operations on social media and educated speaking heads have been working their traces for months. Each of those actions will enhance which can set the stage for US Authorities intervention and a attainable confiscation state of affairs. There are such a lot of issues occurring proper now with the ETF, the halving, the election, the state of the general macro financial system, the struggle within the East… so how will this play out?
VAGUE TIMELINE
- ETF Authorized
- NY Banking Cartel begin heavy accumulation
- Waves of recent consultants enter the scene, spewing fud, they’re right here to “repair’ bitcoin.
- US Authorities raises extra flags about the specter of Bitcoin to US sovereignty
- NY Banking Cartel accumulation will increase as curiosity soars (Streisand Impact)
- US Authorities points 6102 Bitcoin
- US Authorities launches peg of a CBDC aka Stablecoin variant pegged to newly confiscated BTC
- Criminalization of moral Bitcoin (KYC-free)
- Fork struggle of statecoin and Bitcoin
- US Authorities learns the exhausting manner about how Bitcoin the community defends itself
This might all be a delusional fantasy from a conspiracy man, but it surely’s value considering via to not less than take into account what we’re up in opposition to. In the perfect case state of affairs, the US Authorities does nothing to intervene with the markets and Bitcoin will take us to the celebs. In one other believable state of affairs, we might see Mark Goodwin’s Bitcoin greenback thesis come into actuality because the US Authorities discovers that bitcoin is probably the most pristine asset and instrument to again the infinite US Treasury market. Based mostly on the observe report of the US Authorities, I count on them to intervene in a really damaging manner, and so much prior to anybody might think about as a result of bitcoin’s worth will shoot up like a rocket. “Steadily then all of a sudden” will make much more sense as we enter the “all of a sudden” stage of the struggle.
Regardless of my doomer outlook on what I count on from the US Authorities, I’m very optimistic on the person. I’ve seen extra constructing within the Bitcoin area over the previous halving epoch than I might think about. This struggle is not going to be straightforward and I do know for sure that we are going to enter the “then you definitely win” stage quickly sufficient.