Imagine you're living in a house, but you don’t own the keys to the door. Someone else controls the locks, the food in the fridge, and whether or not you can turn on the lights. They’ve got the power to give you what you need—or take it away. You're not free. This is the reality for many in an economy where essential resources are controlled by a few powerful players.
Now, let's bring this into the world of finance and cryptocurrency.
Michael Saylor, the CEO of MicroStrategy, is a key figure in the growing narrative of Bitcoin (BTC) being treated like a "digital gold" in the modern financial world. By aggressively buying BTC and encouraging others to follow suit, Saylor and others like him have been part of a movement that has driven Bitcoin’s price up. But here's the catch: This price inflation isn't necessarily tied to actual value, production, or anything that improves people’s lives. Instead, it’s about control.
Gordon Gekko’s words from Wall Street: Money Never Sleeps ring true: "40% of all American corporate profits came from financial services, not production, not anything remotely to do with the needs of the American public." In other words, money is being made not by producing goods or services, but by manipulating markets and inflating asset prices. This is where BTC comes in.
Bitcoin’s price isn’t driven by tangible needs or supply and demand in the traditional sense—it’s largely driven by speculation and institutional investors who control the flow of money. Saylor’s massive purchases of Bitcoin have created a situation where the value of BTC can skyrocket, not because more people are using it for day-to-day transactions, but because it’s seen as a store of value. These "big players" create a market, inflate the price, and reap the rewards. It’s financial manipulation on a grand scale, and the average person? They’re left hoping to ride the wave, but they have little control.
John McAfee’s quote from the crypto world further exposes the reality: "The market is created, monitored, and maintained by people who know nothing about cryptocurrency, my friend. They're institutional investors." These are the same people who don’t care about decentralization or the true utility of crypto. They care about profits and power. For them, BTC is just another vehicle to make money, not a tool to give ordinary people more financial freedom.
So, when Saylor and his peers pump Bitcoin's price, it’s not about empowering the public. It’s about maintaining control over a system where wealth continues to flow upwards, while the rest of us are left chasing an illusion of freedom—one where we’re constantly dependent on the next big move in the market.
In the end, we may hold the keys to Bitcoin, but someone else controls the door.
"I don’t think BTC is going to zero. I think if McAfee were alive today, or if he wanted to be seen, he would probably be in complete shock at what's happening in recent years."
What are your thoughts on the control dynamics in crypto markets?
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