In part 4 of the Fiat Chronicles, we look the societal consequences of endless war, corruption, and dedollarization as the fiat world collapses.
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Being a $2 Trillion asset despite the fact that very few people (on a global scale) understand Bitcoin, is your prime signal that we are STILL EARLY and the upside is HUGE.
Act accordingly.
Alright here goes: Once upon a time in England there lived a pedophile named John Maynard Keynes, who engineered the Bank of England financing entry into World War I by surreptitiously buying government bonds and pretending that the public bought them. The money supply shot up and the Bank could no longer redeem its bills in gold, so they suspended gold convertibility. When the war ended, they could not just come clean and devalue the pound and get back on a gold standard at a rate that takes into account all the devaluation. They instead insisted on trying to somehow bring the pound back to its old prewar rate. But this was impossible because people had too many pounds in their hands, it caused a drain of gold out of Britain and created massive economic problems, which they thought they could fix by creating even more money. One thing led to the other and the world would never go back on a gold standard and it would instead start using government credit as money. Gold's supply increases at only ~1.5% per year, whereas government money grows at around 14% per year. This means it became almost impossible for people to save, and so people became a lot less certain about the future and they became a lot more short-termist, financially, and in all other aspects of life. "Ain't nobody got time fo dat" became the soundtrack of the century as humanity regressed backwards into more and more animalistic present-orientation at the expense of future provision. This is reflected in all manners of human institutions, from the collapse of the family to the emergence of hideous modern architecture, and the disappearance of fine art, which required plenty of sacrifice and hard work for long periods which barbaric easy money civilizations could no longer afford. It was replaced by high time preference art made by people who have no ability to think of the long term cannot spend enough time on learning a proper craft, and are just looking for clever shortcuts and 'making a statement' and narcissistic navel-gazing and similarly irrelevant and hideous nonsense. And that's how the civilization that gave us Michelangelo gave us Damien Hirst. I wrote a book about this!
https://t.co/YEPrczMF5N
I've said it before and I'll say it again. ETH can never be sound money, because there was 72M ETH pre-mined, the majority was distributed to other privileged insiders, so there was no fair issuance.
Some might argue that early Bitcoin issuance was unfair because few people knew it would become so valuable, but at the time, it literally had no value. At a 50 coin reward per block, that could be mined on pretty much any PC, the supply was constantly being debased.
Plus, the media was doing their best to paint it as a scam or only for criminals. You don't hate journalists enough, btw. Not nearly enough. You may think you do, but you don't. They deserve much more hate than they get. Journalism is no longer a respectable profession. They are professional liars.
Back to ETH, it was clear by this time that cryptocurrency did have value, that the media was lying, and since the ETH ICO accepted bitcoin, it was an affinity scam to get people to part with their bitcoin.
Now that ETH has switched from PoW to PoS, "risk-free" yield is baked into the protocol. It's basically no better than the fiat system of treasuries, and has a similar interest rate. That means, for anyone with 32+ ETH, the minimum that can be staked on a node, they'll never need to sell their stack, they'll always be earning yield, and so they'll always be able to debase the greater fools who have convinced themselves that ETH is good money, when in fact they're have-nots being dumped on by the ETH gentry.
Now, to be clear, I don't hate ETH, in fact, I admire all that's been built with it, but it's merely a testnet for bitcoin, nothing more. If an application demonstrates its utility and merit, it can translate to being paid for and priced in bitcoin using layers.
Iohannis is nothing more than a puppet of the globalists, pushing Romania deeper into endless wars and endless debt to enslave future generations. He has sold the nation to globalist oligarchs who seek to destroy national identity, crush local democracies, and turn countries into obedient vassal states.
He must resign immediately. Romania must reclaim its sovereignty, reject the EU's crumbling fiat-driven empire, and chart a path of true independence. Romania should look to El Salvador and the Bukele model, putting the interests of its people first and building a future based on real sovereignty and prosperity, free from the grip of the fiat overlords.
Just imagine Romania on a Bitcoin standard...
Fiat Apocalypse on X:
In part 4 of the Fiat Chronicles, we look the societal consequences of endless war, corruption, and de-dollarization as the fiat world collapses.
Canada’s collapse isn’t a joke or speculation—it’s inevitable. Created in reaction to the US Civil War, held together by fiat funded East-West bonds, it’s Bitcoin that will destroy Canada. Let’s break down why the clock is ticking. 1/10 🧵
"Currency devaluations typically occur abruptly during debt crises"
History repeats.
We're watching a sovereign debt crisis unfold.
And there are two ways out: Massive dollar devaluation, or mass defaults.
Nobody wants zero-yield hard assets that can't be seized or debased until everyone wants zero-yield hard assets that can't be seized or debased.
#Bitcoin was created to protect you for this moment.
The debt crisis is going mainstream.
Bitcoin is the ark for the coming fiat flood.
Or the solid shelter for the coming deflationary earthquake.
Expect BlackRock and Fidelity to run with this narrative the moment a spot BTC ETF gets approved.
Finite supply. Zero counter-party risk.
Two attributes that that will soon be very highly valued.
Slowly at first, then all at once.
Block height marks the passage of our most precious and spiritual resource: time.
Human energy is spiritual because it’s the outward expression of our essence, our soul’s labor made manifest in the world.
Fiat systems devalue this energy, reducing it to mere digits in a system designed to siphon life itself.
Bitcoin, however, respects the sacred. It anchors value to time, aligning human labor with immutable truth.
The reason there are many popular Bitcoin FUD accounts on X, despite their comically poor track record, is because their reputation is not based upon accuracy.
The service hatefluencers offer is cope for those who are bitter that Bitcoiners keep being rewarded for being right.
The bankers are at it again—boldly and shamelessly pushing us toward WW3. Ukraine's missile strike on a Russian airfield with U.S.-supplied ATACMS missiles is yet another step in this reckless escalation. Every single red line the Russians have set, NATO has intentionally crossed. NATO’s behavior is like a belligerent bully trying to provoke a fight, while Russia keeps backing away, trying to avoid confrontation. But the bully won’t stop until the victim is forced into action.
It’s unprecedented in U.S. history for an outgoing administration to escalate wars mere weeks before a new president is sworn in. What we’re witnessing is the banker-controlled deep state cracking, desperately trying to ignite devastation so the money printer can keep going brrrr, ensuring endless debt slavery continues.
This morally bankrupt Western world order is fulfilling the most diabolical warnings once dismissed as conspiracy theories—now proven to be the observations of those who simply paid attention.
There is zero justification for allowing a banana dictatorship like Ukraine (which canceled its elections) to irresponsibly fire missiles into Russia, risking WW3 and even nuclear annihilation. This chaos is only possible because we handed the root key of society to the fiat money printers.
A world in turmoil is what they want most. It’s time to cast the money changers out of the temple, dismantle the fiat matrix, and separate money from state. That’s the only way to end this madness.
Ah, the old "Russian disinformation" excuse—a convenient tool for overturning elections that challenge the narrative. The Romanian high court’s decision isn’t about protecting democracy; it’s about ensuring loyalty to NATO and the fiat empire it serves.
Let’s not overlook who’s really pulling the strings here. USAID and the State Department, funding the think tanks and pundits backing this farce, are doing what they’ve always done—using soft power to crush dissent and install leaders who bow to their interests.
This isn’t democracy; it’s manipulation on behalf of the fiat overlords. The real disinformation isn’t coming from Russia—it’s coming from the institutions hijacking Romania’s sovereignty. Until we separate money from state and dismantle this system, the will of the people will remain at the mercy of globalist agendas.
#bitcoin fixes this.
This isn’t a loan—it’s a money laundering operation built into the fiat Ponzi scheme. Foreign aid like this is a way to funnel freshly printed money into activities that fuel conflict and endless war, all while bypassing taxpayers and indebting future generations to pay for the scam.
It’s always sold as a battle of good vs. evil, but in reality, it’s pure, unfiltered evil enabled by the power to print endless money by fiat decree.
The only solution is to separate money from state and end this destructive cycle.