It is not a technological whim. Bitcoin was born as a direct response to a pathology of power: the reckless printing of money, perpetual indebtedness, and the inability of governments to recognize their own limits. It was not designed to compete with the dollar, but to survive its eventual collapse.
Each cycle of money printing is a cycle of erosion of trust. Central banks claim to be in control, but their decisions reveal something else: improvisation, fear, and a dependency on stimulus. The market knows this. That’s why Bitcoin is not just an asset: it’s a signal. A tool that measures the level of institutional stupidity just like a thermometer measures fever.
A bet that no longer seems risky.
"Bitcoin is a bet against government stupidity," some say. But what happens when that stupidity ceases to be an anomaly and becomes the norm? What once seemed an extreme stance now transforms into minimal caution. Because ignoring is no longer prudence, it's negligence.
You don’t need to be libertarian, maximalist, or fanatic. Just observe how trillions of dollars are created without backing, how debts accumulate without any real intention of being paid, and how inflationary promises are disguised as monetary policy. In this scenario, holding a position in Bitcoin stops being an ideological statement and becomes, simply, a matter of common sense.
The new elites no longer buy gold: they buy private keys.
Bitcoin does not guarantee wealth, but it offers something increasingly rare in traditional markets: limits. Its supply is fixed, its monetary policy is transparent, and its architecture does not adapt to the urgency of any government. This independence makes it uncomfortable. That’s why they tolerate it, even if they still don’t dare to celebrate it.
The question is no longer whether Bitcoin is risky. The question is how much longer a system that is based on creating value from nothing, punishing those who save and rewarding those who destroy, can be sustained.
Not everyone understands yet. But those who do, no longer need explanations.