Bitcoin Forum

Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?

There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.

Is Bitcoin really freedom money?

I used to worry about this too, when BTC was flowing into the accounts of whales in this market instead of becoming a means of payment or an asset for everyone. This could really affect the level of market manipulation in the future, when the majority of the circulating supply is already in the hands of the wealthy and allows them to pump/dump to create volatility and maximize profits. I don't like this at all, I don't want to be just a small fish in the waves created by whales.

However, BTC belongs to everyone, meaning everyone has the right to buy, own and use BTC, including large organizations with billions of dollars in assets. We cannot prevent them from doing so, just as they cannot prevent us from buying or moving BTC. I think this is part of a free market and it is up to us, including small investors and whales, to shape the future of BTC together.

Right now, I don't know what the future of BTC will be, maybe it will become a global reserve asset, or just a financial instrument similar to stocks in the hands of whales.

If by "infiltrated by the global elite" you mean they are buying and holding Bitcoin, then yes I do.

However they're not necessarily infiltrating anything. I think some people like to believe that the international system of money is controlled by elite people, but I don't think that's the truth. The reality is that the global system of money is very fragmented and disconnected, and it's like an old codebase which has slowly over time had millions of developers add their own parts to it, without ever really understanding how each and every part of the code works or why it exists. There are definitely people who understand the cycles of our money system in terms of debt, credit, inflation and interest rates, and with analysis use this to make better business and financial decisions, however I don't believe they have a "control" over it.

Bitcoin can still be seen an escape from the traditional financial system, even by the elite. They themselves would understand how broken and disconnected it is, and investing in Bitcoin for them is essentially a hedge against everything collapsing

Most of assets belong to the rich and it is true in history of human civilization. It is true with fiat currency and is true with Bitcoin. They can accumulate a lot of bitcoins, become one of Bitcoin whales, appear in Bitcoin rich list but they can not control the Bitcoin network that is decentralized.

Even if you have 51% of Bitcoin network hashrate, what will you do?

Seriously you will not do 51% attack on Bitcoin network, because it only creates massive panic, fear on the market and value of bitcoins you have will drop a lot. It is not what you want by owning bitcoin, you want to get rich, richer with Bitcoin. You don't want to get poorer with it so no worry about 51% attack because it does not bring benefit to attackers.

We can easily say that the global elite has been participating in the Bitcoin market.  You already answered your question by citing Blackrockm Saylor and other influential people who are getting involved in the Bitcoin market.



I do not know how you came to a conclusion that the participation of the global elite in Bitcoin market ecosystem has something to do with the control of the population but one thing is sure, they are here to take advantage and take profit on Bitcoin market.


Not entirely because using Bitcoin in legal means still needs the regulation of the government, but I believe Bitcoin offers freedom of transaction where one doesn't need the approval of the government to do transactions.

What they can infiltrate is the Bitcoin market, which is not Bitcoin itself. They can dominate the market but they cannot dictate on Bitcoin itself. For so long a time, centralized exchanges have always been the dominant players in the market, but to those who prefer to stick to Bitcoin's decentralized and peer-to-peer principles, they can still do their thing.

Although the principled members of the community as well as their spaces may be getting smaller and smaller, I believe they can't be totally erased. But rather than being passive, I guess some sort of active resistance is important. The wrong influence should be pushed away. I think education ang spreading awareness mean a lot.

They do it for money making and to have money, they must make contributions to Bitcoin market and its adoption.

Create fear and harm Bitcoin price are not what they want if Bitcoin becomes less trusted asset, they can buy cheaper bitcoin but can not get good profit from it.

lolllll people love their conspiracy theories these days hahaha

I personally see BTC as simple, BTC is one of the investment choices that visually the concept is finally able to give us benefits if done patiently and able to encourage financial freedom in the end. On the other hand, BTC is indeed one of the attractive investment options, both the public in general and the global elite in particular especially with the presence of blockchain technology innovations like today, then another point of view there is also great profit potential if you invest in it, but this will also not run away from the basic concept. The concept is free money, free from the control of any third party and is still relevant in my opinion.

It may sound very out of pocket but it's not a bad thing to have certain unhinged views like these since the chances of it happening isn't completely zero.

I find these hypotheticals to be very entertaining as they open up to new perspectives (as long as it's not some bold claim like the earth is flat) and to see what type of information they'd use to back up their claims are also very intriguing too lol.

Bitcoin is freedom money, anyone can invest no matter which social hierarchy you're from, you've got the right to buy it, the reason why you think that it's becoming like this is the infiltration of institutional investors which have been the fault of us retail investors anyway, we all wanted to make a profit and let bitcoin grow in value, it was supposed to be just the magic Internet money but we decided against it and we considered it an investment. I don't think that they have any power in the system anyway, if they try and manipulate the market, a lot of us already knows what to do and it's not like we're going down without a fight if they've invested a lot of money to buy more bitcoins, we can slowly accumulate our own bitcoins too and it's not like we're going to be losing a lot, those that are trading futures might lose but the hodlers won't fall easily, depending on how brave you are against sudden price crashes and the allure of panic selling, you probably won't worry about how these global elites are invested in bitcoin.

Why are you even doubting bitcoin just because some institutions now own it? Bitcoin is still PoW, not PoS. And take note that this is a huge inevitability; if you're bullish on bitcoin, it's inevitable that institutions will also own it.

Remember, bitcoin is for your friends and for your enemies.

For me and for many people, yes, Bitcoin is the money of freedom. Even if the elite of the rich controlled large amounts of Bitcoin and manipulated the market, this would not change the Bitcoin revolution, which brought about a lot of change in our lives for the better.

Every great cultural invention is controlled by the wealthy elite and later monopolized, but even with the little that remains, there is great benefit for all those who are looking for opportunities to change their lives for the better, and those who realized this early were the biggest beneficiaries.

Well, can you stop the rich people and institutional investors from buying BTC? The obvious answer is no.
Every innovative financial asset, that gains global recognition will sooner or later be "infiltrated by the global elite".
I think that one part of the global elite hates Bitcoin/crypto(like Warren Buffet and Jamie Dimon), while the other part of the global elite is more open about new stuff. If you are so butthurt that Bitcoin is being "infiltrated by the global elite" then just don't use it and stick to Monero.

In fact, you shouldn't be able to stop any person on this planet from buying BTC.
My post is not just a fancy "bitcoin for the masses" post. What I mean is, one of the major problems in the current financial system that we live in, is the fact that money isn't accessible to everyone. Yes, most people have access to a bank, but banks don't operate the same way throughout the whole planet. It's different to own a savings account in Sweden, than in Pakistan, than in China, or in Canada. Bitcoin, on the hand, works the same, wherever you are.

Those who are in it are elite people who know the potential of Bitcoin in the future. They moved more quickly to save their wealth wisely in facing economic challenges.
They can do a lot with the money they have, but we can also do with the money we have.

In my opinion, Bitcoin is a currency of freedom because only the owner is in control and has full rights over Bitcoin ownership.

We're surrounded with personal interests where the governments wants to take control over anything that's of profitable treasures meanwhile when the path hasn't been so meansini, everyone plays ignorant towards it but once it has gained shape of benefits, there booms the authorities crawling to take control over it.
The dominance and potentials of bitcoin has really become a magnetic attractions to the authorities which they're of any means wanting to take control about.

Oh yes, bitcoin is a freedom currency of being beyond control of the authorities in as much as it's a decentralized and non custodian digital currency.
There had been no effort any governments sector has contributed to initiate or developing of bitcoin to say they're eligible to have control access to it but as much they don't, then the system is basically a freedom and independent currency.

It's true that bitcoin is beginning to move from its initial purpose as a means of payments to more like an investment purposes.

But that doesn't change the fact about bitcoin that it's the decentralised system has made it stand out to be a freedom currency, where no age limit restrictions, no background restrictions etc everyone all over the whole world has the right to hold as much as they can depending on your capabilities or financial status.

It's also clear that their has been an effort to have control over bitcoin by this whales but no matter the effort they haven't succeeded in any of the means that was developed. So it's still the freedom money you knew it for and nothing has changed.

There have been diverse strategies to control the world population but all of them have been futile. The world is also decentralized with different nations or organizations having different agendas.

Many people have raised the alarm that institutional investors will make the Bitcoin system centralised. But there is no need to keep worrying when you cannot stop anyone from buying Bitcoin. Bitcoin is the main currency that guarantees freedom for its users this is why there are no restrictions to access or exit the industry. Just as the fall of many exchanges forced people to embrace decentralization, there might be an event that will make people know that not your keys, not your coins.

As long as there is no central authority that can prevent you from sending your money, we can say that Bitcoin gives you freedom. It is true that it is a freedom restricted by some conditions, but it is still much better than what you will get in the bank and less than what you will get from cash, but cash also has disadvantages that have been solved by Bitcoin. .
Therefore, the role of Bitcoin is complementary and it does not try to replace cash or the bank.

The way I see it it's the other way round, ie. Bitcoin having infiltrated the global elite. Though that is, imo, too monolithic a term, which is why we are seeing regulation and demonization at the other end of the spectrum, ie. pushback by the parts of the owning and governing class that have not yet aligned their interests with Bitcoin.

I do agree that the slow descend towards further and further centralization is a concerning one (ie. the step from cex to etfs) but to be honest in that case it's on us to steward and promote self-custody over complacency.

I'm not pessimistic, but I think we will soon see that bitcoin is no longer an asset that poor people can own like before, let alone bitcoin will still be freedom money. If someone says that gold or real estate is the playground of the rich, sooner or later bitcoin will be their playground.

Once bitcoin becomes popular, it is inevitable that large organizations and governments will jump into the game and they will control the game. After all, everything in this world is converted and measured in money, bitcoin is no exception. And the rich will have many ways to take all the poor people's bitcoins like they did with gold.

There's even one opinion that I've read before about what if Bitcoin was actually made by the FED.  ;D

Actually, it is.

You hold your own Bitcoin which is your money and you're free to spend them anytime without having the worry that someone might lose it but only you.

Considering how banks are keeping our money and they take advantage of it as their service. Us, we hold it for the actual safe keeping that no third party is involved.

Too many theories about bitcoin, I have also heard some opinions that bitcoin was created by the FBI and now there is a more attractive hypothesis that bitcoin was created by the FED, LOL.

I don't believe in any theory because I believe that those centralized organizations always seek to control us, so why would they create something for everyone that even they cannot control? If you wanted to control and manipulate people, would you create something that even you couldn't control? No one is stupid enough to shoot themselves in the foot like that.
Bitcoin is bitcoin, it's decentralized and who created it, who is Satoshi, everything doesn't matter anymore.

I do not think so.

Yes there are many investors who are capable of buying lots of coins and therefore gaining more profits than those average citizens that can only buy smaller units of bitcoin which are satoshis.

But I believe that the very fact that many can now buy into bitcoin because we can buy in small amounts means that bitcoin does not entirely belong to the rich. Back then with all the other investments, you can only venture out into those if you have huge capital but now it’s just not true anymore.

Don't worry they're theories but one thing is for sure satoshi created Bitcoin. And another fact is that we will never know who satoshi actually is or are.

I don't know, only them can answer that but are they the creators of it? they're just rumors and opinions as I've said so nothing to get serious with that.

And props to the contributors that helped satoshi perfect it including Hal.

In my opinion, representatives of the financial and bureaucratic elite did not pay enough attention to the emergence of Bitcoin in 2009 - 2011. 
Bankers and politicians were busy dealing with the fallout from the 2008 global financial crisis.  At the same time, the most insightful people predicted in advance the emergence of innovations at the intersection of finance and information technology precisely during this time period. 
Once it became clear that Bitcoin was a big deal, bankers tried to take control of the first cryptocurrency (through futures, regulated cryptocurrency exchanges, regulations, etc.). 
They partially succeeded...
But Bitcoin still retains its original rebellious nature.

I don't think this is anything new.. Elon Musk for example had been invested in crypto currencies for many years now. He like to send prices prices to the moon with his tweets and also sends them crashing again. He is just one of the loudest high networth investors that share their opinion publicly. There will be other rich investors like him that buy their coins in private and don't tell the world about it. Without there money buying coins at the current levels it would be hard for us to take profits. I wouldn't worry too much about the rich, in the end it's our decision if we want to sell or not.

I don't believe in global elites, global "agenda to gain control of populations" and all that stuff, so to me, this question doesn't really make sense. There are objective things, such as net worth of certain people and capitalization of certain companies, or that money is a valuable resource that can buy a certain amount of influence. In that case, yes, we can see that Bitcoin is becoming interesting to powerful companies and powerful people, but that's been going on for years and their goals are primarily more pragmatic (making even more money) than controlling humanity. Bitcoin is still freedom.

Many people now believe in Bitcoin and the potential it has, just think about the institutional investors that this is one of their investments that can bring profit.
That means Bitcoin is not just random.

Now, I believe that if you have bitcoin you are something else. If the billionaire people are interested in this, especially the people who are not rich are accumulating Bitcoin little by little.

Elitist class are never contented with the wealth they have amassed so it's not surprising they are also involving largely in the bitcoin market to take advantage of the profits from the volatility in the market, and by their already made wealth networth you should know they will have the greater portion of bitcoin becoming the whales.

Bitcoin ownership is not segregated exclusively to a distinct class of people, it is an open market for all who are interested to be a part of, both the low and mighty. What I expect those of us little fish in the ocean among whales is to relentless embark on unending accumulation of  bitcoin for the future, it is only by so doing that we all can by our total number match at level or above the whales therefore weakening their liberal manipulation of the market. The names op mentioned above those individuals and organizations are also here to scoop from bitcoin honeypot just like you the little fish, don't be deceived.

 However, just because the whales do manipulate the market doesn't make them have control of bitcoin neither the population. Have you wondered why the government policies are geared constantly against bitcoin decentralization? They wouldn't do that if underneath they have a control of it and it population.

First of all, I just saw you asking this question and I've never thought about it, but I also agree that there are many similar questions to you.


Bitcoin is Bitcoin, and the way we view it is just the way we know what we know, and over time the adoption process opens up or maybe in that direction resistance, and this cycle keeps appearing at each stage. A reality that I want to express if it is not free then who is in control?

There are things that I see that complicate the point of view, maybe someone/group manipulates prices but in all honesty they cannot dominate the entire field. And at the individual user level, I feel more adaptable to everything that's going on instead of being skeptical.

That's really a wild speculation.

If Bitcoin has been infiltrated by Global Elite, Bitcoin price should be ridiculously high right now because with few Global Elite, they can buy all of existed Bitcoin. Since they're filthy rich and don't need to worry about money anymore, they can hold Bitcoin in entire their life.

Bitcoin is still a freedom money, there's no mining pools own more than 50% hashrate.

Yeah, when this big companies enter the picture, it seems that Bitcoin has the whales and this big institutions willing to commit.

If you mean sound money? yeah perhaps, but the end game here is that everyone wanted to make profits. And that's why those who are early adopters have all the advantage specially if they amassed large quantities and could still be holding up to this game as the rules have change already when this big boys enter the market. However, we, retail investors can still consider it freedom money, at it can give us "financial freedom".

Just don’t say that the “global elite” is to blame for everything. What prevented the world's population from starting to use bitcoin as a payment means from the very beginning? Nothing. These guys just decided to make some money. As everybody.

If you have hold bitcoin, then why do you save it and not use it as payment? Because you are waiting for the moment to sell at a higher price. Are you also a member of the global elite? :)

I'm ignorant enough at this point to think otherwise. To establish control over the population in all possible ways, the global program must be accepted by elites from different countries, but they can't agree among themselves even to solve less significant problems and compete with each other much more often than unite.

Therefore, I ignorantly state that something similar may exist within countries, but is certainly not united throughout the world.
 
Bitcoin is not money at all, but more of a digital security (investment asset) of a technology company called bitcoin.

Bitcoin provides, to some extent, financial freedom independent of the traditional banking system, but bitcoin, unfortunately, can't yet exist as a full-fledged independent system, completely unrelated to the traditional financial sector. I doubt that this will ever happen, because the process of merging these two systems is already underway. You were waiting for institutional investors, right? Well, this is where the merger began.

But, but, we want our own Bitcoin, with blackjack and hookers!!!!

Isn't it funny when you praise something for being permissionless, decentralized, free from censorship, and then the second thought it to not allow things you don't like because.... reasons!
Every single time I read these things I can still hear in my head how one guy said that people don't get what freedom is till they finally get a true sample of literally no freedom, then is the moment they understand how things truly are.

And yeah, bitcoin is true "freedom money".
This means that as long as you have money, you're free to invest in it, the elites or the reptilians or anyone else won't change the other facts about money, like when you have no money you can't have Bitcoin either, and the ones having more money can't have more bitcoin than others. A truly free economy, but seems like the same type that cheered for it now hates it.

Bitcoin have been popular digital currencies transaction and success adopting as payment transaction, its make global elite from politician, businessmen, government until bigger companies want to adopt bitcoin and most of them make as investment assets for the future. Its not problem when bitcoin have been inflitrated by global elite because indirectly they had promote or advertised bitcoin become more popular behind how thousand their follower on social media allow their activities.
I am pleasure with many global elite make bitcoin become more popular but just reminder with bitcoin supply can't easily dominance by them and current bitcoin keep balance with the holder between personal investor or global elite investors. No worry with every years increasing of global elite interested for investing in bitcoin and they want to make bitcoin become more popular in the future by advertising to their fans.

The only control over BTC I see is that people are willing to buy a larger amount of it and keep as investment for future prospects since it has yet to lose its value. They often sell when it is right for them, mostly with their own prices when there's much demand for it and it is the price control for me that is the control they have at the moment.

Also, with BTC being regulated by the government agencies of any particular country, the global elites who I assume are the wealthy class and the more educated class, would be expected to pay tax from crypto profit too.
I know BTC is mostly used by the class of elites who understand how it works and can do amazing things with it on the blockchain or off the Blockchain, but I doubt there's any infiltration, just investors owning some and using it to their advantage.

Bitcoin has been created and it is immutable. You can’t change the design so it is freedom money indeed and it won’t change. They may try to infiltrate it through various means but the actual decentralization of Bitcoin can’t be tempered. Centralized exchanges is one way the authorities can get in, but if you stick with decentralized exchanges, no one’s going to know what you’re doing.

We’re talking about Bitcoin as “money” in this context.

We can't claim that when we are using decentralized asset. I mean they have no control on it, they are just buying it in the bulk. In fact it is best thing to have these elites because they are the one who are introducing huge purchase orders and thus creating amazing resistance to the Bitcoin prices. So the question is why would we want them to consider as infiltrator of the system..

In every industry there are rich peeps who would be contributing in someways whether we are jealous about it or not. They are big players, they are not some villains out of movies who are sitting in their classy glass offices and thinking about how to loot the market today. They have proper agendas, forecasts and market analysis that keep them informed about when to invest and when to be silent about it.

I highly doubt we should be worried about them at any given time while investing our money.

Why must there be some "agenda" to get into bitcoin? I am personally involved with bitcoin to make more money, would it be possible for them to be here for exact same reason? They are not idiots, all those people and companies like making money more than they like anything else, so to say that they are going to end up with a much better profit and return thanks to their crypto investments means that they would be of course interested in this.

Trying to find some secret hidden meaning behind all of this, makes no sense at all. I personally believe that we should consider the issue as something that will take a bit of a time eventually. This is why I believe that the best thing we could do, would be letting them invest along with us.

People join this market, spend money here to get profit, to be richer. Retail investors to institutional investors, Bitcoin Spot ETF investors and companies are all aiming at profit.

Bitcoin with its public (not private) ledger, gives us transparency and we can use on-chain transactions, data to get traces of whales. On-chain signals are not perfect but these on-chain indicators can give us some information about plans of whales. It can not be good for trading but is very helpful for investment especially if we aim at long term investment.

I wonder will participation of Bitcoin Spot ETFs cause less accuracy of on-chain indicators?

The on-chain data we monitor every day is also provided by some organization, and it is entirely possible that they will manipulate or not provide us with all the data. Sometimes I even believe that this on-chain data is what the market makers want us to see, so I don't fully trust this data.

The financial markets are extremely fierce and I think that to win in this market, holding for the long term and ignoring everything else is the only thing to do. Sometimes following too much news and data is not necessarily a good thing.

Some people in life want to insist that there's a conspiracy or agenda in everything. I call it the musical chairs of blame. People fail to take responsibility for something in their life or simply choose to live in negativity and victimhood or whatever they want to call it.

Bitcoin going up and changing the lives of millions? Man, too bad I'm not in it, but anyway, it's all owned by lizardmen and rich tools, anyway so they always stop me from using Bitcoin. (repeat next cycle lol)

Whether you realize it or not, people who own large amounts of bitcoin have better financial capabilities. This person certainly has an unlimited level of financial wealth so they have the opportunity to buy in such large amounts. I only define being infiltrated as the step of owning large amounts of bitcoin.

If people don't see bitcoin as a good breakthrough then currently we don't see bitcoin's journey which has found a quite significant upward process. Full control is not possible because bitcoin is more independent in its journey, but they can control the large amount of purchases so that bitcoin can reach its highest point in new history.

I still consider it as an alternative step because when it comes to freedom there are still many countries that limit bitcoin only as an investment asset. True freedom would be if bitcoin were to gain widespread adoption as fiat currencies do but that is unlikely to happen any time soon.

Even the global elite will not be able to completely control bitcoin. this is by design and bitcoin is the best, with no one's interference and no one controlling it. The global elite or institutions that own a lot of bitcoin are only carrying out part of their plan to influence the market but it won't happen forever. Bitcoin is not subject to anyone, bitcoin cannot be completely regulated, it is only a temporary manipulation and there is a lot of speculation circulating about Bitcoin. whoever holds back will win.

They can't stop us buying BTC (yet) & vice versa, however I'm not talking about the supply of coins & who owns what.

I'm talking about their tentacles reaching far & wide within the Bitcoin ecosystem. they own mining companies, exchanges, wallets etc. then you have the largest interface on top pushing their digital surveillance agenda - government. They are pushing bitcoin to be bagged & tagged. Yes, they can't control the network as a whole. However, they can use government to control everything around it. They can use the threat of violence (law) & extortion (taxes) to control the people who use it. They can restrict undesirable people from using the internet when the CBDC/digital ID's come online. It may be very hard to use the internet if you don't wish to comply.

To me, it looks like Bitcoin is becoming a government approved coin. Sure the media will throw lots of stories out to make you believe Bitcoiners are radical etc. That we're going against the system - but are we really?

They do fear Bitcoiners who take custody of their coins & use privacy best practice. These type of people are making real change. The trend I'm noticing though - a lot are using Monero to make transactions instead. These types of Bitcoiners understand there's no freedom without privacy. As things get more dystopian, I think others will realize this too.

I'm not saying they can control the network, I'm saying they've influenced it's direction & will use legislation to control the people who use it.

The Federal Reserve began behind close doors on Jekyll island. A conspiracy is when 1 or more people work together to carry out a criminal act.

I personally awoke to the power of the Cabal/Illuminati/J's during Covid. Still to this day, no virus has been proven to exist, the tests are a proven fraud & the vaccines are proven to be deadly. They shut the entire world down using the media to create fear. They destroyed small businesses & transferred more wealth to bankers & corporations. You were only "safe" if you shopped at the government approved corporations. Not one corrupt politician has gone to prison for Covid. They're currently trying to construct a world government using the WHO as a facade.

To this day, not one pedo who visited Epstein's island has been throw in jail. Sure they hang a few out to dry, but the list is massive & Epstein is only the tip of the iceberg. If the law was real, you would have seen justice by now.

Not one war criminal is behind bars. Assange is locked up for blowing the whistle. 9/11 was an inside job to kick star the war on terror/foundation for surveillance gird. War is profitable & they can control/eliminate the population, acquire more resources etc. The whole world is still watching this genocide in Gaza & not one government has intervened.

I've been a Bitcoiner almost 10 years. Only haven woken up to the reality of this world in the last few years, I'm only now seeing how they've infiltrated every facet of our lives. It was hard for me to come to this realization. I now realize the crazy ones in the minority of Bitcoin (Roger Ver, John McAfee) are probably right. That doesn't mean I believe in BCH. I personally think people will go for privacy coins like Monero, as they realize they're building a digital slavery system/ they're lying about everything.

The conspiracy is so large & evil, that most cannot comprehend it.