Community discussions
🥸The narrative: Bitcoin is "decentralized money," free from banks, governments, and corporate control. A financial revolution for the people.
🤯 The reality: Bitcoin is one of the most centralized, surveilled, and manipulated financial systems in existence, and the public has been sold a decade-long con.
🧾📋 Let’s break down why Bitcoin fails as decentralized money and how the system is controlled by a tiny elite, with more surveillance than traditional finance.
Idea: Bitcoin’s Decentralization Is …
- Total Revenue: $1.9B (55% YoY)
- Net Income: $433M (477% YoY)
- Transaction Revenue: $1B (83% YoY)
- Subscription/Services Revenue: $747M (34% YoY)
The most impressive stat is that $80B company grows 55% in revenue YoY👌🔥
It's now a top 10 US bank.