Bitcoin was designed to destroy exactly what it is becoming and what it has become so far & here is why: In Nakamoto’s view, the ability to keep your financial record out of the surveillance and reach of powerful authorities. Whether it’s large private banks or the government it is an important personal freedom. Such institutions, after all, aren’t infallible. In a forum post in 2009, Nakamoto wrote that “the root problem with conventional currency” was “trust.” “Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. “We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.” When Nakamoto created the first block that would become the bitcoin blockchain, they included a message referencing a headline in the British newspaper, the Times that day: “Chancellor on brink of second bailout for banks.” Today we have politics, banks, etf, and so many powerful entities, manipulating it and taking control. We are going from self regulation to government regulations. Don’t get me wrong, I’m bullish on President Donald J. Trump and his administration, I’m bullish on bitcoin, shit even crypto as a whole. I’m bearish on the regulation, taxing, involvement of banks, financial institutions and governments This doesn’t mean bags don’t pump, they do. Always buy the rumor and sell the news. I’ll leave you with this quote however, “every well dries up”