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The Art of Crypto Kayfabe (by Brett Scott) (www.asomo.co)

submitted 1 week ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 3 days ago* (last edited 3 days ago)

Good to see people are starting to see through the BTC narrative.

Others hold onto the classic story of it being a deflationary currency to save you from the US dollar by making you rich in US dollars.

Originally Bitcoin was supposed to compete with fiat currencies such as the dollar and give people an alternative. Then around 2017 the tech was crippled and the story was hijacked and it became about "storing value".

The real purpose of Bitcoin still lives on in Bitcoin Cash which is actually usable as a currency for day to day transactions. To understand what has happened and how it was done please take a look at:

Hijacking Bitcoin: by Roger Ver https://realbitcoin.cash/post/210