Bitcoin Frightens Politicians, Bankers And Economists For One Essential Reason

This essential reason is the one that should encourage everyone to discover Bitcoin.

Bitcoin has become a real topic of conversation at family dinners. Indeed, more and more often, Bitcoiners are being questioned by family members about Bitcoin. Some are eager to learn more about this ongoing revolution while others are content with picks to launch often sterile debates.

Anyway, Bitcoin is becoming more and more popular year after year. This democratization is increasingly frightening politicians, bankers and economists. Their reaction remains the same: trying to slow down, to block or even to annihilate the emergence of Bitcoin as a credible alternative to the current monetary system.

To achieve their goals, they are ready for anything: bans, false statements about the dangers of Bitcoin promoting cybercrime or money laundering, simplistic demonstrations showing that Bitcoin is not backed by anything taking into account the codes of the current system,… The list is far too long to be exhaustively listed in this article.

In the face of these outrageous reactions, have you ever wondered why politicians, bankers and economists are so afraid of Bitcoin?

I’m pretty sure it is, but you can’t find a specific answer to that question. I will therefore share with you my thoughts on this thorny issue.