📈Bitcoin was trading at $33,000 on June 25th 2021, meaning anyone in El Salvador who didn't sell has nearly doubled their money!
🚨There is a lot more to this story, than simply ''the price of Bitcoin went up, Bukele was right.''
This move by Bukele is a once in a 5000 year move.
We've never seen a nation state, king, emperor, overlord or tyrant, give up complete control of the money that his people use.
We're living through the first decentralized revolution in human history:
🌱Agricultural revolution 8,000BC(centralizing)
🏭Industrial revolution 1770s(centralizing?
💻Information revolution 2000s(decentralizing)
There is no fighting this trend.
As @LynAldenContact says:
''Politics can affect things temporarily and locally, but technology is what drives things forward globally and permanently.''
The church and the state tried burning books 500 years ago as the printing press disrupted their monopoly on information...
But this move was futile, and failed in a spectacular fashion.
500 years ago we separated the church from the state.
Nation states in the West today have visibly not learned from history as they once again try to fight liberating technologies like Bitcoin and the internet.
This will ultimately fail and we will see money separated from the state for the first time in 5000 years.
The nation states who embrace the sovereign individual playbook, and try to attract new citizens will survive the longest.
This move by @nayibbukele will be written about in the history books alongside Saylors pioneering move in corporate finance.
''There is nothing more powerful than an idea whose time has come.''
💡There is no fighting technology. 💡
