Advocating for Bitcoin-Only Policies

Malaysia’s Gateway to Prosperity: A Bitcoin-Led Future

Introduction:
Malaysia stands at the crossroads of an economic revolution. As the world increasingly embraces the digital economy, one innovation has emerged as a beacon of hope and progress: Bitcoin. 

Whoever controls the money controls the world. For almost the whole of the last century, one currency has controlled the world, rendering all others, including the Malaysian Ringgit, vulnerable to shocks, inflation, and manipulation–to the slow but sure impoverishment of its people. 

Bitcoin, as a currency not enforced by any country but by code, offers a robust, decentralized, and incorruptible financial system. By anchoring itself to Bitcoin, Malaysia can secure its economic sovereignty, attract global innovation, and redefine its position on the global stage.

Why Bitcoin? 

Bitcoin fundamentally differs from other cryptocurrencies through its unmatched decentralization, secured by over 17,000 nodes and proof-of-work consensus. It is this decentralized nature that enables it to preserve its capped supply of 21 million coins, as well as its integrity as neutral, borderless money. It is sound money designed for a future free from financial oppression, and thus oppression of every other kind.

Why now?

Bitcoin has come a long way within a short time. For most of its life since it started in 2009, it was “magic internet money” that not many took seriously. But nothing can stop an idea whose time has come. In 2024, Wall Street had no choice but to embrace it, legitimizing it as a genuine asset class. With this, the game is afoot, and the world economic order is being reset as we speak.

What now?

For Malaysia, the stakes are high, but so are the opportunities. As global leaders and corporations champion Bitcoin, nations that act swiftly can secure a lasting advantage. From El Salvador’s economic revitalization to MicroStrategy’s Bitcoin-driven corporate success, the blueprint is clear.

By embracing Bitcoin and its transformative technology, such as the Lightning Network, Malaysia can achieve the following:

  • Economic Stability: Insulate itself from currency devaluation and global financial turbulence.
  • Global Competitiveness: Attract talent, investments, and tourism by becoming a Bitcoin-friendly nation.
  • Empowered Citizens: Enable financial inclusion and security for all Malaysians, reducing reliance on intermediaries.

The time to act is now. Bitcoin is no longer a speculative asset or passing trend; it is the foundation of a resilient, fair, and prosperous Malaysia. Let’s explore how this vision can become our reality.

Further reading:

SETIA

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