💥#Bitcoin y the Dilemma of Central Banks

$BTC is cornering the central banks of the world, presenting them with an unprecedented "trilemma," according to experts like author Adam Livingston. Unlike fiat currencies, central banks cannot print Bitcoin to defend their currencies. This forces them to choose between three options: raising interest rates to strengthen their currency, depleting their foreign exchange reserves, or joining the "migration" and acquiring Bitcoin, thus legitimizing the trend they are trying to combat.

This situation represents a fundamental shift in the balance of power, where the free market could prevail. The devaluation of fiat currency, driven by money printing, is emerging as a key factor pushing investors towards Bitcoin, a resilient alternative to government manipulation. Despite the resistance, the scarcity of Bitcoin and the need to control the flow of funds drive them to explore alternatives like Central Bank Digital Currencies (CBDC).