President Donald Trump has reignited
As mentioned by MJTruthUltra’s
Speaking before the lawmakers, Van Valkenburgh described Bitcoin as the
He also highlights Bitcoin’s revolutionary nature as the first public digital payments infrastructure, compared to the internet information before money access. Unlike traditional financial systems, which rely on private banks to
Van Valkenburgh stated that Bitcoin’s decentralized design directly addresses the inherent vulnerabilities of centralized systems, which often have single points of failure. These weaknesses have led to some of the most damaging security breaches in modern history. He points to high-profile incidents, such as the Equifax data breach, which exposed the personal information of 143 million Americans, the SWIFT network frauds, which totaled hundreds of millions, including cases involving North Korean hackers, and the $1.8 billion fraud at Punjab National Bank, which enabled internal exploitation of centralized trust.
Van Valkenburgh also cites the 2016 Dyn botnet attack, which took down major websites. He extends these concerns to the Internet of Things, where hacks have compromised pacemakers, baby monitors, and even vehicles, all due to reliance on centralized control
He advocates for the development of more public digital infrastructure, like Bitcoin and Blockchain networks, to reduce reliance on powerful corporate intermediaries. These systems foster greater competition, resilience, and user empowerment by
While prominent figures in the financial and political landscape advocate for Bitcoin, institutional adoption continues to grow, with companies like Strategy purchasing the asset in large quantities. This rising interest from large-scale investors and businesses adds weight to BTC’s status as a reliable store of value.
BNB Swap