When I first started writing this blog, the price of a single bitcoin was around $230 or so. Today the price of a single bitcoin is beyond $17,000 along with a whole slew of new financial assets that have been created by no governments or bankers; but by cryptography, computers, and coders alone.
This new kind of money serves not the interests of the banking and corporate elites, or the corrupt government ministers who kowtow to them; but the people who control them alone.
We have seen Bitcoin become the most valuable financial asset in human history despite all of the harping of bankers, economist, and purported ‘experts’ of finance, economics, and money. They have declared bitcoin are a scourge, that it is ‘rat poison’ and is something to be detested. They say that bitcoin is a grievous wound against all of society, and it must be destroyed. Again and again we hear from them that bitcoin is a bubble, that it has no social value, and that it is going to ‘crash’–and yet we find that the honey badger of money continues its slog upward and to the right despite all of their raging cries.
This is by no mistake, as Bitcoin is fundamentally better at storing value than any fiat currencies in existence today. This is because of bitcoin’s fixed and known monetary supply and monetary inflation rates. More importantly however is the social consciousness and consensus that allows for bitcoin to exist and never be destroyed. People can now control their personal wealth with nothing more than the power of cryptography. Bitcoin is rewriting the entire way that money is understood and used, which will become a political conquest within the coming decades.
Saving in fiat money is for chumps
“Why would anyone outside of a lunatic asylum want to hold money? What an insane use to put it! For it is a recognized characteristic of money as a store of wealth that it is barren; whereas practically every other form of storing wealth yields some interest or profit.”
–John Maynard Keynes
Today, each and every form of fiat money is nothing more than a legal tender that holds value simply because governments command it. However, if we look over the course of history; again, and again, we see states fail, governments collapse, and their money always inflates to nothing. This is not by mistake, but by design. Just look at what has happened in Venezuela over the last few years.
What those in contemporary finance and government fail to see is that bitcoin radically departs from state-sponsored financial systems and the tyranny that they enable. For the better part of modern human history we have simply had to deal with the fact that government officials could show up at our places of business or our homes, rob us at gun point and call it legal. That governments everywhere could simply fictionalize up mountains of money and give it to their corrupt banking and corporate friends, and tell us it was for our own good.
Again and again, we see the powers-that-be prod us down the road to serfdom, and tell us it is the yellow brick road to the Emerald City. We have seen what happens to those who follow that path, and the poverty it creates for all of us.
The revolution that we have all been waiting for is finally here, and it is the radical divorce of state and money from each other. Governments were never entitled to steal the wealth of the world for themselves and for their barbaric and unholy purposes. We finally have a way to resist their tyranny and fight back with economic means alone. Just as we once saw the radical divorce of church and state fundamentally change society for the better, we will once again witness such a radical epochal change–but this time it will be from the separation of money from the state.
Those of us who hodl bitcoin know and understand that bitcoin has nothing to do with money. The true purpose of Bitcoin is to create a new form of economic power that will be the harbinger of a new society from which freedom and liberty are more than meager slogans. Bitcoin will empower a society where all economic power is outside and beyond the control of the state; and the monstrous banking and financial sectors will be vanquished from this earth once and for all. It is from this base of power that we are creating that a whole new society within the framework of the web that will allow for us to free ourselves from debt bondage, and corporate slavery forever.
Bitcoin will become the most value asset in history not only because it is a better form of money, but because of the astounding economic, social, and political power it creates. Through tearing out the economic base of the corrupt systems of fiat money; we can create a new and more egalitarian society using the power of the Bitcoin and cryptography. The banners we will raise in this new society will have the following inscribed upon them for all to see and choose to follow if they wish: