January 3rd, Satoshi Nakamoto Memorial Series 3: The Decentralization of Bitcoin and How to Restructure the Financial Discourse Power of Ordinary People?
When the 2008 subprime mortgage crisis swept the globe, the savings of countless ordinary people quietly evaporated amidst inflation and institutional collapses—they neither had the qualifications to participate in high-risk financial derivatives games nor could they escape paying for Wall Street's greed. This is the brutal reality under a centralized financial system: the discourse power is always held by a few institutions that control capital and rules, while ordinary people can only passively bear risks without the chance to share in the dividends.
In the genesis block of Bitcoin, Satoshi Nakamoto engraved the headline from The Times: "Chancellor on brink of second bailout for banks". This is not only a precise footnote on the subprime crisis but also a clarion call for financial equality for ordinary people. The underlying logic of decentralization allows Bitcoin to completely break out of the old framework where "institutions have the final say": there is no central bank that can overissue currency to dilute wealth, and no intermediary that can intercept transaction profits. Every record on the blockchain is publicly accessible, and every node has equal voting rights.
In the game of centralized finance, when ordinary people want to participate in quality asset allocation, they often face high thresholds, complex procedures, and opaque rates; however, the emergence of Bitcoin allows anyone to participate with just a device, without identity verification and without third-party endorsement, truly achieving financial inclusivity where "everyone can own and everyone can verify".
Seventeen years have passed, and Bitcoin is no longer a simple digital asset; it resembles a key—a key to breaking institutional monopolies and allowing ordinary people to regain control over financial discourse power. As the hidden dangers of the centralized system continue to accumulate, the light of decentralization is illuminating the path for more people to pursue wealth autonomy.
