So, forget the charts, forget the T.A. for one minute. Let's talk about people. Now THAT’s what’s really powering Bitcoin. In fact, I think its future is much brighter than its doom and gloom diagnoses you get from the majority of financial TV pundits.
People Powering the Bitcoin Revolution?
We've all seen the headlines. Bitcoin rebounds! Bitcoin to $1 million! Robert Kiyosaki says… Adam Back believes… and so on. And sure, those price predictions are exciting. Kiyosaki just tossing out a $180k-$200k goal for year end, then a million by 2035? Adam Back thinking it’s still cheap? Mike Alfred eyeing $315,000? It's all great fodder for conversation. Consider even predictions from Arthur Hayes, the former CEO of BitMEX, that we may never see Bitcoin prices below $100,000 again!
Those are just numbers. Yet the true narrative is playing out on the ground. It’s the story of that single mother in Argentina who is using Bitcoin to protect her savings from hyperinflation. It’s the story of the small business owner in Nigeria who wants to accept Bitcoin payments because she is tired of predatory banking fees. It’s not only about the developer improving the open-source Bitcoin code, motivated by faith in a more decentralized future. Bitcoin is more than an investment, it’s a lifeline for many.
Unexpected connection?Think about the printing press.Honorary boomer Before Gutenberg, knowledge was the domain of an elite few.The printing press revolutionized the democratization of information, enabling the expectation of an empowered individual, and igniting the Renaissance.Bitcoin is doing the same for finance.It naively believes it would take control of money away from central banks. It returns that power to the people.
Dollar Decline, Bitcoin's Opportunity?
The recent dip in the dollar (DXY), fueled by tariff war anxieties and speculation about Trump's potential actions regarding the Federal Reserve Chair, highlights a crucial point: trust in centralized institutions is eroding.
When faith in traditional systems erodes, people do what anyone would do—they look for something better. Bitcoin offers that alternative. It's a hedge against monetary policy mismanagement. It’s an empowering route to take, one that allows people to distinctively opt out of a game they believe is rigged for them. It provides financial sovereignty.
Think about this: even if Trump didn't have those kinds of intentions regarding the Federal Reserve Chair Jerome Powell, the speculation alone caused market ripples. That should worry all of us—testifying to the fragility of our current financial system. Bitcoin, and it’s important to note this, is insulated from such political whims by design. But more importantly, it’s because it operates on code, not wishes of an individual or committee. That's powerful.
What if 'We the People' Choose Bitcoin?
Forget the ETFs, forget the post-halving dynamics (though they certainly play a role), consider this: what if mass adoption is the true catalyst? What if enough people just start believing that Bitcoin is the way forward.
I know, it sounds simplistic. But think about it. The value of any fiat currency, it may be noted, is ultimately founded on faith. We have faith that dollars are valuable, because the U.S. treasury says they are, and because everyone else does too. But what if a critical mass of those same people begin to believe in Bitcoin instead? What will the dollar be worth when no one accepts it anymore because they can’t afford to? Now, what if a majority of businesses begin to prefer to accept Bitcoin?
This isn't some far-fetched fantasy. We're already seeing glimpses of it. More and more businesses are accepting Bitcoin. More and more people are turning to it for daily purchases. With outreach infrastructure improving by the day, it’s getting easier and more accessible all the time—especially for people who are new to it.
The beauty of Bitcoin is the opportunity it provides to create a more fair, transparent and inclusive financial system. It creates civic leaders, fortifies their neighborhoods, and threatens conventional wisdom. It’s not only about making money, but ensuring a safer, more prosperous future. And that, my friends, is an idea that is really and truly worth investing in. Here’s why Bitcoin’s future is actually much more promising than you realize.