Recent events surrounding the Israel-Iran conflict draw attention to the role of Bitcoin, which was thought to serve as a means against state control.
Trump's Position and UN Response
Donald Trump characterized Israel's missile strikes on Tehran as 'excellent', raising serious concerns about humanitarian consequences. According to the UN, the majority of casualties were civilians, including women and children. CITE_W_A: 'The overwhelming majority of them were civilians.' - Amir Saeid Iravani, UN ambassador.
Shifting Bitcoin Principles
Bitcoin was originally created to separate money from the state, however today it finds itself in the hands of those who encourage wars. Bitcoin supporters, like Roger Ver, are now contesting their ideals by backing politicians who promote militarization. This bewilderment among investors who expected cryptocurrency to symbolize peace and freedom is growing.
The Future of Cryptocurrency?
Given the current events and the increasing influence of major investment companies such as Blackrock, which invest in defense companies and actively hold Bitcoin, questions arise about the future of cryptocurrency. As the focus shifts to social control and economic power, critics advocate for a return to Bitcoin's original ideals as a means to ensure personal freedom.
The Israel-Iran conflict illustrates how quickly ideals can be undermined amid political manipulations. The need to return to Bitcoin's foundational values poses pressing questions about its role in the modern world, especially as the clock ticks in the shadow of war.
