USD is losing value against it. It is just plain silly.
It seems like our recent rally has created quite a buzz in the mainstream media, who usually only pay attention to us when we’re either doing great or terrible. On the popular news channel CBDC and its highly esteemed advisor, Jim Cramer, the author of The Black Swan, recently made some quite controversial comments about Bitcoin when it was hitting new yearly highs.
The author called Bitcoin “bad” and praised the central banking system, claiming that the Federal Reserve is highly transparent and the U.S. Dollar system can be influenced and “they know what’s going on.” While it’s true that certain people are privy to more information than the average person, this statement is still quite dubious. It seems like the mainstream media’s envy of Bitcoin’s success is what’s driving these comments.
It’s worth noting that Bitcoin has been steadily gaining value against the U.S. Dollar, which is a sign of its increasing strength and trustworthiness. This is in stark contrast to the central banking system, which employs a number of tactics to artificially prop up the economy and the value of the dollar.
The truth is, Bitcoin is a revolutionary technology and a powerful tool for financial freedom. It’s a better alternative to the traditional banking system, and its success is proof of that. The mainstream media may be envious of Bitcoin’s success, but they can’t deny its potential.