Alerts Sign-up
Simon Dixon, a crypto investor and influencer, said that Bitcoin was designed to provide individuals with "true ownership" of their money, independent of banks, government control, or centralized monetary policies. Dixon made this statement in a January 26 post on X.
Dixon's comment was in response to an X user's remark: "I thought the point of Bitcoin was to avoid government manipulation," referencing recent developments where several governments are considering or adopting Bitcoin as a geopolitical asset. Dixon emphasized that Bitcoin was designed for "true ownership" and described it as "money built for freedom," highlighting its decentralized system that allows use by anyone without granting control to any entity.
According to James McWhinney's report for Investopedia, Bitcoin functions as a decentralized digital currency, operating independently of central banks or governmental control. It relies on a peer-to-peer ledger system, enabling secure transactions without intermediaries and providing an alternative to traditional financial systems.
Simon Dixon's post
| X
