Bitcoin was founded by Satashi Nakamoto, whoever that is
They have an ETF on the Stock Market, so they have to have an office, website, marketing team, humans behind it. They have a website and Github for development: https://bitcoin.org/en/. Can't be all free, someone has to be paid to develop it
What is fair money? That is subjective
Yes I see, the founder is person or persons unknown but I would argue that Bitcoin does rely on its founder for success and has a life of its own.
The ETF's are run by wall street businesses, financial institutions that recognize the value of the network, they do not control the network because it is decentralized.
I will agree there is a marketing team, we are all part of it as we promote it.
Yes there are developers but they are in many cases self funded or rely on donations. There are plenty of entities that are focused on building on and developing Bitcoin but none control the network itself since again it is decentralized.
Fair money is money that cannot be debased and does not discriminate against any of the users of that money. There is no one that can stop you and I from transacting with Bitcoin unlike every other form of currency and so therefore I would say it is fair money.
Someone can stop you from using Bitcoin. Governments could cripple your access to bitcoin or the ability for you to exchange it for cash. This can happen any time.
While many Bitcoin devs are freelancec, there are still many paid. You can't rely only on free developers. Look at the Linux ecosystem, it requires many companies paying devs to make all the components.
As of Mar 27, 2024, the average annual pay for a Bitcoin Developer in the United States is $129,348 a year. All this depends on companies funding the developers. If that stops, that will affect Bitcoin greatly.
Correct, governments control fiat and the on and off ramps but they cannot stop me from using Bitcoin or transacting peer to peer on the Bitcoin network. No one can stop me from using my Bitcoin.
I understand and I agree there are paid developers, there is nothing wrong with that. As I stated above, there are plenty of entities that are focused on building on and developing Bitcoin, but none control the network itself. Yes if those companies were to stop paying the developers it would effect Bitcoin greatly, but it would not stop the network, nor our ability to utilize the network and to transact.
China is a perfect example on how Governments can ruin Crypto for a country with their Great Firewall.
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