My contrarian take: Bitcoin will benefit when CLARITY fails. It will be shamelessly clear that the political class has been fully captured, choosing institutional cartels over consumer prosperity
Bitcoin is the best escape hatch from sanctioned debasement and organized plunder
Bitcoin is a REVOLUTION.
It is much more than number go up. It is an invention which can free humankind from the long sad history of monetary debasement, which empowers few and taxes everyone else. In a fiat system the wrong people win. We all pay for it. It is unjust and unfair. Throughout all of human history we never had a monetary standard that did not dilute over time. Now we do. Those of us who are partisans and are fighting for it understand the stakes. Freedom, fairness, prosperity, less war, etc.
Unsound money is the issue of our age. Currently few see it, but this will change. This Fourth Turning is well on its way and the monetary issue will be resolved.
As I observe the current Bitcoin landscape and the attacks on its leaders i am reminded of the opening of Thomas Paine's second writing, The American Crisis. Written in December 1776 after Washington had gotten his ass kicked on Long Island and retreated from Brooklyn and through New Jersey, Paine wrote:
"These are the times that try men's souls. The summer soldier and the sunshine patriot will, in the crisis, shrink from the service of their country: but he that stands by it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have the consolation with us, that the harder the conflict, the more glorious the triumph. What we obtain too cheap, we esteem to lightly: it is dearness only that gives everything its value."
Sound money has to win. Sound money will win. History will be kind to sound money partisans. This is about a lot more than number go up. Don't forget why we are in this fight. Spread the word. The system they run is evil. We know the antidote. Time is on our side.
Bitcoin allows people to own their own money, like cash and gold, without a custodian, and can be used globally.
It enables person-to-person transactions on an “innocent until proven guilty” basis, unlike any money that relies on a custodian.
BTC has a fixed supply that will never change, allowing me to plan decades ahead without a central banker altering the rules or diluting my value.
It also provides a way to capture value from otherwise wasted electricity, a small price to pay for the benefits it offers to anyone.
It’s the most net-positive form of money for society since cash.
Gold was a natural gift.
Bitcoin is an invented gift.
It’s arguably the only real way to exit the financial-industrial complex and boycott the harms that traditional financial products may support.
How is that a net negative?
@IncredibleCulk Hey brother! I’m a filmmaker and a surfer and I’ve produced a tonne of free tutorials on YouTube. Just search Kale Brock The Surfers Roadmap 🤙🏽
Byron trio video is up on YT via link in my bio. This is the coolest time lapse I’ve ever captured for sure 🤙🏽🙌🏽 #surf @ The Pass Cafe, Byron Bay https://t.co/sMVPF276uS