I'm sorry but I just laughed like crazy reading this. The US Fed showering the wealthy with more cash than they know what to do with is the only reason Bitcoin continues to exist and anyone holds it. Bitcoin can't disrupt the Fed any more than house flippers in 2006 disrupted the mortgage underwriting industry. Bitcoin completely depends on the Fed. Holding it is a bet that the helicopter will never land.
I guess that's a little unfair as I suppose Bitcoin can help disrupt the central banks of places like Venezuela, giving the elite an easier means of fleeing a collapsing country without losing their wealth. Sort of defeats the purpose of economic collapse if it no longer even serves as a great leveler, but oh well, I guess. As long as the rich can never lose.
"I lived in Venezuela. Almost no one uses crypto or cares about crypto. The fees to send bitcoin alone represent a sizeable chunk of money to most Venezuelans."
I guess that's a little unfair as I suppose Bitcoin can help disrupt the central banks of places like Venezuela, giving the elite an easier means of fleeing a collapsing country without losing their wealth. Sort of defeats the purpose of economic collapse if it no longer even serves as a great leveler, but oh well, I guess. As long as the rich can never lose.