It cannot be manipulated by central banks from "summary" of The Fiat Standard by Saifedean Ammous
The fact that it cannot be manipulated by central banks is what makes Bitcoin so unique and valuable. Unlike fiat currencies, which are subject to the whims of central bankers who can print as much money as they see fit, Bitcoin operates on a decentralized network that is not controlled by any single entity. This means that no government or central bank can influence the value of Bitcoin by printing more of it. In a world where fiat currencies are constantly losing value due to inflation, Bitcoin offers a reliable alternative that cannot be devalued at the whim of a central authority. This feature of Bitcoin is particularly appealing to those who are wary of the power that central banks hold over traditional currencies. By removing the ability of central banks to manipulate its value, Bitcoin offers a level of security and stability that is hard to come by in today's financial system. Furthermore, the fact that Bitcoin cannot be manipulated by central banks gives it a level of credibility and trust that is lacking in many fiat currencies. While central banks have been known to engage in practices that devalue their currencies, Bitcoin operates on a transparent and immutable blockchain that ensures its integrity.- The inability of central banks to manipulate Bitcoin is what gives it its value and appeal. By offering a currency that is free from the influence of central authorities, Bitcoin provides a level of security and stability that is sorely lacking in today's financial system.
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