I think, there is another big thing why BTC is so treated hostile. Banks have their own interest. But many rich people are very addicted to FIAT connotations and the structure of cryptocurrency may change the general structure of possession.
This may build a thesis that:
- crypto currencies are pumped to give a strike in a moment to 'alienate the fashion' to BTC and show how 'BTC and crypto' is bad for the economic system
- or they are locking into positions to make is centralized through smooth control of the course of crypto
- or it is just a sheep run pump, as it goes.
I would like to open a discussion on that. What do you think?
Money always flows up, those at the top expand and get more, rinse and repeat. It's not like it is anything different with whatever crypto you try to insert as a means of achieving some near-utopic system. Go and look at any crypto that has been accepted by merchants or is at least commonly used; the most values go upwards and into the hands of those running businesses.
The overall goal in a proper capitalistic system is not to be a worker for your entire life and rather become a business owner as well, again assuming you didn't have to deal with the corporatism of today
Capitalism follows the laws of the wild
The survival of the fittest and all that. The major difference, though, is that in nature all people and animals have approximately equal life spans (but even that may change in the future), but it is different with corporations. Sometimes, they kick the bucket too, go bust and bite the dust, but ultimately their life spans are not inherently limited (unlike human lives), so a generic human who is inherently mortal has to fight with inherently immortal corporations which become only stronger over time (on average)
