The Egyptian currency plummeted by 40% overnight; how many families were displaced? Let's look back at the history of currency in our own country. Zhu Yuanzhang, a bloodthirsty demon who devoured flesh without spitting out bones, melted down copper coins collected as taxes from the people into smaller and thinner copper pieces, thinner than a quickly licked throat lozenge. He plundered the wealth of the lower class with such inferior methods and created countless disasters.
I would say traditional currency is the real scam. The modern monetary system has completely detached itself from the limitations of gold and cash reserves. It has turned into a system where one foot steps on the other to take off into the air. You think the loans you take from the bank come from other depositors? In reality, the loans you receive are created out of thin air based on your credit. Each time the bank irresponsibly lends money, it leads to a large number of bad debts. The government then turns on the printing press to repay, ultimately making the public pay for it through inflation. Thus, after the 2008 financial crisis, Satoshi Nakamoto, with contempt and mockery for the banking system, published the Bitcoin white paper.
Bitcoin is essentially an ancient currency with thousands of years of history, used by ancient people in the form of shells. It is not a technological innovation. You can think of it as a type of mineral. Its total supply is limited, it is scarce, and it can be quickly and cheaply transferred to any account in the world.
If someone is playing Dou Dizhu, and as the landlord, the money in your hand is Bitcoin, because of the asset's anonymity, no one knows you have it. Even if they know, they can't forcefully take it from you.
At least for me personally, my phone is often subject to various transfer restrictions, forcing me to go to the bank, where I feel like I'm being interrogated like a criminal. Why shouldn't I use Bitcoin? I can transfer money without anyone being able to stop me, and that is pure freedom.
