

You’re Being Lied To About Bitcoin—Here’s What’s Really Happening | Pete Rizzo
Jul 24, 2025
Pete Rizzo, a veteran Bitcoin journalist and Editor at Bitcoin Magazine, dives deep into the ideological battles and evolution of Bitcoin. He uncovers hidden risks associated with Bitcoin ETFs and raises concerns about Wall Street's influence on the protocol. The discussion emphasizes that governance is becoming the real battleground for Bitcoin's future. From its grassroots origins to a global asset, Rizzo sheds light on the transformative journey of Bitcoin and its implications on the world's financial systems.
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Bitcoin's Shift From Tech To Geopolitics
- Bitcoin's early stage was mostly about technical development and spreading the software globally.
- The geopolitical phase, with governments embracing Bitcoin, is the current and future battleground.
Bitcoin's Network-Based Neutral Money
- Bitcoin is a network-based money growing into a neutral money viable globally.
- Early on, Bitcoin was fragile but matured to resist attacks that would require massive computational power today.
Bitcoin Emerged As Defiant Winner
- Bitcoin is the winner of the monetary software space after experimentation with many cryptocurrencies.
- Most alternative cryptocurrencies failed to secure a competitive moat or replace Bitcoin's role.