The Illusion of Ownership: Why What We Thought Was Ours Never Truly Was... Until Bitcoin!
Have you ever stopped to wonder if you are the true and absolute owner of what you possess? It seems like a simple question, right? "Of course!", you might think. I have my house, my car, my money in the bank... they're mine! But what if I told you that, throughout human history, this "ownership" has always been a bit of an illusion? A right granted to you, but one that could also be limited, or even taken away.
Get ready for a quick journey through history, without boring you with impossible dates!
A Journey Through History: When Your Property Wasn't Entirely Yours
Ever since societies have existed, the rules about "what's mine" and "what's yours" have always been set by those in power:
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The King and Infinite Taxes (Antiquity and Middle Ages): Imagine you own a farm. You work hard, harvest your food, and raise your livestock. But suddenly, the king's messenger arrives and tells you: "His Majesty needs funds for a war... so half of your harvest is for him!" Or the Church demanded a "tithe" on what you earned. Your property wasn't truly yours; the higher power could take a portion whenever it wished.
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The Government and Forced Expropriation (Modern Era): We move forward in time. You live in your house, which you own. But one day, the government decides it needs to build a highway right where your land is. Is your house yours? Yes, legally. Can they take it from you? Yes, through "eminent domain" or "forced expropriation," perhaps with compensation you deem unfair. Your property is subject to the needs and decisions of the state.
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The Bank and Frozen Savings (21st Century!): And we arrive at the modern age. You have your savings in the bank, in your account! You feel secure. But do you remember what happened in Cyprus in 2013? In the midst of a financial crisis, the government and banks decided to seize a portion of citizens' savings to "bail out" the system. Suddenly, your money in your account was no longer 100% yours. Or in Greece in 2015, when banks temporarily closed, and how much money citizens could withdraw was drastically limited. Your "property" was literally in the hands of third parties who could limit or even confiscate it.
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Silent Inflation: When Your Money Becomes Worth Less (Constantly): Even without direct confiscation, there's another subtle but constant way to lose ownership of your money: inflation. When central banks print more money, the value of each unit of your currency (your Euros in the bank) decreases. It's like your savings glass slowly emptying, without you doing anything, and without anyone asking you. Your purchasing power, your "property," erodes without your permission.
Bitcoin: The Revolution of True Ownership (For the First Time!)
And then, Bitcoin arrived. On October 31, 2008, Satoshi Nakamoto published an idea that would change everything: a digital money system that, for the first time in history, depends on no one but you.
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Unconfiscatable: If you store your Bitcoins in your own self-custody wallet (you hold your seed phrase), no one can take them from you! Not a government, not a bank, not a hacker (if you are careful with your keys). Your property is protected by cryptography and by a global network of computers, not by decrees or armies.
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Borderless and Jurisdiction-Free: Your Bitcoin is yours, no matter where you live, and you can send it anywhere in the world without anyone preventing you or freezing it.
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Resistant to Arbitrary Devaluation: No one can "print" more Bitcoin because its number is limited. Its value is determined by the free market, not by a government's monetary policy.
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In Cyberspace: Traditional powers exercised control with force on land, sea, or air. Bitcoin lives in cyberspace, a new domain where physical force has no jurisdiction to steal your digital property.
For the first time in history, ownership of your money can be truly absolute and sovereign, if you choose it to be. It does not depend on the permission of a king, nor the laws of a government, nor the health of a bank. It depends only on you and the security of your keys.
And hand-in-hand with this new form of digital property comes another equally unconfiscatable treasure that gives you immense power: ¡knowledge! Because understanding how Bitcoin works, how to protect your keys, and how to navigate this new crypto world, is a mental property that no one can take from you. Your knowledge is the ultimate key to exercising this true financial sovereignty and ensuring that this unconfiscatable digital property is truly yours.
At Bitnovo, we offer you the gateway to this new era. We help you acquire Bitcoin and other cryptocurrencies, and understand how to manage them so that the power of your digital property is firmly, and for the first time, solely in your hands.
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