Bitcoin will shape the future of humanity in the wake of the 2008 financial crisis and the COVID-19 pandemic.
This is an opinion editorial by Nozomi Hayase Ph.D., who has a background in psychology and human development.
The 2008 financial meltdown, with subsequent bank bailouts and a cycle of austerity, led to the weakening of the public’s trust in governments and institutions. Bitcoin emerged as a response to this global crisis of legitimacy.
Now, more than a decade later, the economic damage created by the pandemic has triggered a further breakdown of the system. As the Federal Reserve’s infinite money printing creates high inflation, Bitcoin steadily increases its popularity as a safe haven.
At the same time, as the old economy is being destroyed, the leading global institutions have stepped forward to reboot the entire system. The key organization, the World Economic Forum (WEF), with the theme of “The Great Reset,” prepares for the rollout of the central bank digital cur
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