Who is the Real Enemy of Bitcoin and Humanity?

The author of the popular book "The Bitcoin Standart", Saifedean Ammous, took to Twitter to point out the biggest obstacle in Bitcoin's path.

Saifedean Ammous recently highlighted the futility of politicians’ promises to support Bitcoin, pointing out a significant obstacle: the Federal Reserve.

According to Ammous, the U.S. government does not control the Fed, which is a private banking cartel that prioritizes the U.S. dollar. He argues that no politician can force the Fed to buy Bitcoin, as this would destabilize the dollar and threaten the Fed’s financial control.

Ammous also criticizes the fiscal irresponsibility of the U.S. government, which relies heavily on debt. He contends that any government attempt to buy Bitcoin without the Fed’s support would be an act of war against the Fed and the fiat system, something unlikely to happen. Both Trump and Kennedy, he notes, have policies dependent on the Fed’s monetary practices.

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He identifies the Federal Reserve as the true enemy of Bitcoin and humanity, with the U.S. government acting merely as its tool. Ammous believes that politicians are powerless to change this system. The real solution, he suggests, is for Bitcoin to surpass the dollar and Treasury bonds in value, allowing Bitcoin users to thrive while dollar users become impoverished.

The renowned author advises against investing time and money in political promises. Instead, he encourages focusing on accumulating Bitcoin as the most effective way to challenge the current financial system and secure a better future.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.