The price of #Bitcoin pumping over $100,000 is awesome, mostly because it disproportionately favors people who care about freedom and decentralized tech.
It shifts capital into the hands of the right people.
Freedom, decentralized tech, and financial sovereignty are not primary beneficiaries of the pump, but they are secondary beneficiaries.
All the money flowing into the space as a whole lets those who are working on noncustodial, permissionless tech (not what Bitcoin's working on anymore) have more resources to accomplish their goal.
(TL;DR Bitcoin's pump gives us more money to build real freedom tech)
The prices of Bitcoin and Ethereum and the popularity of memecoins bring us risk-lover investors and speculators.
They are the sources of liquidity and narratives for the market ✌️
But also, revolutionaries and innovators.
100%!!
Although the Bitcoin market rise in USD is financing both the freedom prioritizing players and the State "compliance first" ones, we know that in most cases the first group is the one that lacks access to mainstream capital.
Yes, and so many skeptics of the current system bought Bitcoin first, and still have it.
I just wish I had bought some back in