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From Satoshi to BlackRock: The Betrayal of Crypto’s Decentralized Revolution

From Satoshi to BlackRock: The Betrayal of Crypto’s Decentralized Revolution

What began as a people-powered rebellion has been co-opted by the very institutions it sought to disrupt. Crypto’s promise of decentralization is now under siege by Wall Street and government control.

Rehman Siddiq's avatar
Rehman Siddiq
Jul 15, 2025
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The Youth Observer
The Youth Observer
From Satoshi to BlackRock: The Betrayal of Crypto’s Decentralized Revolution
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Picture this: It’s 2008, and the world is a mess. Lehman Brothers collapses, wiping out the savings of millions who trusted banks to play fair. Homes are foreclosed, jobs vanish, and the global economy teeters on the brink. The culprits? Greedy bankers, spineless regulators, and a system rigged to favor the elite over the everyday person.

Out of this chaos, a mysterious figure named Satoshi Nakamoto drops a nine-page manifesto that says, in essence, “Forget the banks. Let’s create money that doesn’t need them.” Bitcoin is born. It becomes a beacon of hope for a decentralized, people-powered rebellion against the financial overlords.

I was a big believer in Bitcoin from the start, not because I wanted to get rich, but because I believed power should belong to the people, not a handful of billionaires or massive organizations controlling our destiny.

As of July 14, 2025, Bitcoin has soared to a record high of $120,000, with some analysts claiming it could climb past $150,000 in the coming months. And yet, who needs enemies when you are your own enemy? Time and again, greed has blinded people. Now, the same rebels who once championed Bitcoin are cheering as BlackRock and governments worldwide sink their claws into crypto, turning it into the very monster it was meant to destroy.

This is the great crypto betrayal, and it’s a recipe for disaster.

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