HisWattson@HisWattson
I’ve spent the last 2 years studying bitcoin, and it changed my view on the world and my life.
Every dollar printed is a dollar stolen from its people.
The government sets a goal of “only” wanting to steal 2% a year from its people but even that isn’t enough.
The people are brainwashed into thinking this 2% goal “encourages spending” but the only spending it encourages is the government to debase the people.
Real inflation in major cities is over 10%. While the quality of life in these cities has plummeted.
The strongest fiat currency in the world lost 99% of its spending power and will lose another 99%.
Bitcoin is the escape hatch. A fixed supply currency is the best and most fair preservation of wealth.
Dominant countries with strong currencies feel this theft the slowest, but as we’ve seen, it has caught up to even those societies.
Housing is unaffordable due to homes being used as a store of value. Landlords are thieving middlemen but they are not to blame, nor do they know their inherent evil.
The government knew what they were doing when they created the federal reserve, and they knew what they were doing when they took us off the gold standard. They knew what they were doing when they allowed fractional reserve banking to go unchecked.
They chose short term personal gain for the destruction of their children’s future.
Wars are fought with printed money. Innocent women and children are blown up with no remorse.
No government would fund a war on a bitcoin standard. Its people would fight it willingly out of conviction and belief, not for a paycheck. Governments would be incentivized to prevent war.
The money in your checking account doesn’t exist. It is an IOU from the bank. They take that money and give it to someone else.
If I have $100,000 in my checking account, the bank will lend $100,000 of that to someone else. So now there’s $200,000 in circulation with no value creation.
The person who is paid from the $100,000 loan puts that money in their checking account and it’s lent out again.
This is ruining our society.
The government has magic money machines that can send money without even having to print anything.
There are gold mines in Africa that are owned by France. Children break their bones and die to supply France with Gold.
France pays for the gold with money from a printer. This is evil. They are exploited by fiat currency. On a bitcoin standard these children could not be exploited. France prints paper to acquire gold from children.
The future will be dominated by people who exchange worthless paper for bitcoin. 21 million bitcoin is all that will exist.
Bitcoin isn’t a get rich quick scheme, it is a 2+ trillion dollar asset class. It’s valued more than Google. Even if I convinced everyone reading this to put their entire net worth in bitcoin it would be but a blip in the price.
I am typing this to help. Bitcoin is volatile, the price will fluctuate. But the alternative is owning fiat which loses over 10% of its value every year. Some currencies have lost over half their value overnight. Ask anyone who lives in Argentina or Zimbabwe.
The s&p500 has returned 100% in the past 5 years. How much of that is due to inflation? Almost all of it.
40% of US dollars were printed in the last 5 years.
A growing percentage of America’s yearly tax revenue is spent on interest payments. This number will exceed 100% shortly.
US bonds are theft. They inflate the money supply 40% but bonds over that time would’ve returned not even half that.
The government will be lowering interest rates again, and the debasing of currency will get even worse.
I will not tell you to buy Bitcoin, but I would encourage everyone reading this to take the time to study it.
People will use the argument of “it’s digital it doesn’t exist”
I haven’t used cash for something in 5 years. The world is becoming digital.
Save yourself. Study Bitcoin or be stolen from by your corrupt government.
