Trader and financial market analyst Willie Wu warns of changes in the ERA of the global financial system as a result of the state’s use to money.
For him, The current model is reaching its limit And therefore, he thinks:
In this phrase, Wu refers to George Orwell’s novel “1984.” There, the future depicts, marked by the absolute national control over the population. So, it raises a scenario where, if it continues in time, acts as a tool for monitoring and control, and moves away from its function as a means of exchange and value protection.
The approach is clear. If the current system survives without change, it could open the door to a centralized, authoritarian financial regime.
Woo’s criticism of Fíat Money is similar to the vision of economist Henrik Zeberg, who warns that the government, particularly the US, is covering excessive costs by printing money. According to their paper, the central bank chose to “inflate” the market with stimuli rather than allowing deep corrections.
As reported by Cryptootics, Zeberg calls this financial phenomenon “all bubbles.” This is an artificial expansion of asset prices based on liquidity rather than on the basis.
According to Wu, this dynamic really leads to the collapse of Fia’s money. It is used to maintain an increasingly unsustainable system until pressure explodes somewhere.
Woo also points out that Bitcoin (BTC) is the most sensitive macroeconomic asset: When the central bank injects money into the market, it responds strongly. “Slightly beautiful. The central bank prints and the BTC grows, the more money dies,” he says. For him, the rise of BTC reflects not only the value assessment, but also the accelerated wear of the traditional financial system.
There are a few issues to consider. On the one hand, BTC represents an absolute shortage. This is because its supply is limited to 21 million units, and its broadcasts were cut every four years at an event called Harving. However, we must not even lose sight of the fact that BTC has the advantage of being the first digital asset established as a reference. Since its launch in 2009, it has been able to integrate user base and reputation that gives it a dominant position.
Unlike money, BTC is resistant to banks and government censorship; It has also not been devalued by emissions or government decisions.
In short, both Woo and Zeberg agree that the current financial system is built on a vulnerable foundation and is increasingly dependent on political decisions.
In response to this crisis, BTC is being imposed as a decentralized, rare and resistant alternative to state manipulation. It is no longer just an innovation or investment opportunity, Answer to models facing fatigue.
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