Bitcoin's Missed Mark on Satoshi's Vision: Can Hive Succeed Where It Fell Short?

"This time is different." I bet you've heard that phrase tossed around in the crypto community countless times, and to some extent, the market is oversaturated with such statements. Back in 2021, this narrative revolved around the super cycle phenomenon that failed to materialize. Now, we're witnessing similar figures claiming that the super cycle has been revitalized by ETFs.

Everyone and their mothers are celebrating ETFs, especially the maximalists like Michael Saylor, who is a highly controversial figure in the crypto sphere... What have ETFs actually accomplished? Well, they've accumulated a substantial amount of Bitcoin, and some of that Bitcoin will likely remain in their possession, meaning there's less available for us regular folks.

But Bitcoin wasn't intended to become the cornerstone of spot ETFs worldwide... No, it was designed to establish a parallel system outside the banking cartel. However, we've veered off course in this regard, succumbing to excessive leverage trading and blindly investing in low-quality meme coins.

Just a few minutes ago, @3speaktv shared an insightful video discussing Andrew Tate and his quest for wealth... Tate is an incredibly self-centered individual who influences young people to become slaves to the system unknowingly. You don't achieve wealth through crypto; you escape the confines where wealth and poverty hold meaning.

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Nobody aspires to be part of the middle class anymore, inadvertently bolstering the upper and lower classes while eradicating the middle class. Individuals in financial strain buy luxuries they can't afford to impress those who couldn't care less about them, further enriching the upper class.

As @theycallmedan and his guest (apologies for not recognizing the Hive user) mentioned on @3speak, Hive is nurturing a middle class while forging a parallel system outside the corrupt one established by the banking cartel. This holds more significance than Tate's attempts to enrich young individuals with his "words of wisdom".

The harsh truth? Tate couldn't care less whether you or I become wealthy; all he's interested in is peddling his "educational programs," boosting his image on social media, and amassing more wealth within the confines of the system created by the banking cartel. He's thriving within the system and encouraging young people to follow suit.

Meanwhile, the middle class is dwindling unknowingly. Roads are congested, malls are crowded, and everyone is spending recklessly under the assumption that the money printer will once again go BRRR. I beg to differ. We're perhaps just months or a year away from a global recession, and that's when the masses will realize that achieving wealth within the confines of the system created by the banking cartel is futile.

You don't befriend cancer; you eradicate it and establish a new system (a healthy lifestyle) for a fresh start that transforms everything. Hive is essentially doing just that. It has a long journey ahead, but @leofinance has made strides by integrating HIVE and LEO into the Maya protocol through LEO DEX. Once we have a means to spend HIVE and HBD (preferably HBD) like traditional cash, then we can truly consider Hive as a parallel economy to the one established by the banking cartel.

To me, Tate's promotion of Bitcoin comes as no surprise; it's typical of the winner's curse stage in the market, right before the bubble bursts. Soon, you'll hear teenagers on the streets trading their sneakers for Bitcoin because it's supposed to reach a million, promising them riches. Andrew Tate will have some explaining to do once the bubble bursts once again.

Meanwhile, Hive might not be making headlines, but at least it's somewhat fulfilling Satoshi's vision for a decentralized blockchain... What are your thoughts?

Thanks for your attention,
Adrian



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I wouldn't expect any blockchain to become THE alternative to banking any time soon. Most people are happy with their myths and illusions. That doesn't mean crypto won't advance. Personally, I'm looking forward to the day when multiple banking alternatives are popular. If one of them is Bitcoin, I won't cry about it.

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