Okay, let's be real. Noticing Bitcoin inching towards $85,000 and catching the buzz of $100K once more? It's exciting. That temporary tariff relief combined with the stock market gains should signal an optimistic outlook. Even the institutions that are betting big are signalling a very bullish future! We're talking potential life-changing wealth for some. But before we uncork the celebratory bubbly, let’s pump the brakes and take stock.

Who Really Benefits From This Rally?

I'm Gen Z. And because of that, my worldview is really unique. I see the potential of crypto, absolutely. This has not blinded me to the deep, systemic inequalities that continue to perpetuate in our society. If we’re honest, a Bitcoin boom mostly helps people who are already wealthy enough to take advantage of it. Sure, maybe some early adopters who scraped together a few bucks back in the day are about to become millionaires. But the real winners? The institutional investors, the hedge funds, the deep pockets — the folks who can afford to spend big bucks.

Think about it. This tariff relief, that’s supposedly driving this Bitcoin boom, who asked for that tariff relief? Who is getting listened to up in the White House? It’s not the single mom working two jobs just to make ends meet. Indeed, it’s the corporations and wealthy individuals who benefit from requiring everyone to go remote. It would be kind of like giving giant tax breaks to the wealthy and hoping that it somehow benefits everyone else—oh wait. And we all know what kind of results that typically produces.

And while everyone's celebrating Bitcoin's resurgence, the average person is still struggling with inflation, stagnant wages, and a rising cost of living. They’re afraid of how to feed their family—not whether or not their Bitcoin holdings are going to reach six figures. The anxiety is real.

Here's the thing: crypto could be a force for good. It could democratize finance and empower individuals. It won't happen automatically. We have to be purposeful that this time, we’re sharing those benefits more fairly. We can no longer afford to sit back and wish that a little of that wealth may perhaps be distributed downwards.

Crypto's Potential, Social Responsibility's Mandate

We should begin imagining unconventional ways we can harness crypto to bridge the wealth gap. Join us to support better policies that increase financial inclusion. No one should miss out on all the opportunities brought by this technological revolution!

Ultimately, this isn't just about Bitcoin. It's about our values. It’s not just an environmental issue, it’s about the type of society we want to build. Is this really the kind of world we want to create, benefiting those who are already rich while leaving those still poor behind? Alternatively, is it our vision for the future that everyone is equipped to succeed?

  • Financial Literacy Programs: We need to educate underserved communities about crypto and blockchain technology. Knowledge is power, and understanding how these systems work is the first step towards participating in them.
  • Crypto-Based UBI? This might sound crazy, but hear me out. Could we explore the possibility of a universal basic income powered by cryptocurrency? Imagine a system where everyone receives a small amount of crypto each month, providing a safety net and enabling them to participate in the digital economy. It's a radical idea, sure, but radical problems require radical solutions. The surprise of this idea is what makes it worth considering.

I understand the allure of quick riches. I understand the appeal of watching your stock grow in value. Wait, don’t forget to see the forest for the trees. Let's not forget the "little guy." Even so, a transformational moment of opportunity to Bitcoin is possible. Together, we can create a future that is more just and equitable for everyone. Think of the sense of wonder we’d find through our work. Let’s use this exciting technology to improve all boats, not just the yachts.

Beyond Greed: Building a Better Future

Bitcoin hitting $100K? Great. But only if it’s a true win for all, not just the chosen few. The anger and outrage that I have with what is unjust and unequal today actually inspires and propels my hope for a new world. Let's make it happen.

I understand the allure of quick riches. I get the excitement of seeing your investment grow. But let's not lose sight of the bigger picture. Let's not forget the "little guy." Let's use this moment, this potential for a Bitcoin boom, to build a more just and equitable future for all. Imagine the awe we could inspire if we used this technology to lift people up, not just enrich the already wealthy.

Bitcoin hitting $100K? Great. But only if it's a win for everyone, not just a select few. The anger and outrage I feel about the current inequalities fuels my desire to see a better world. Let's make it happen.