For decades, people around the world have seen money weaponized in the constant, wasteful, murderous and unethical geopolitical games played by a handful of sociopathic “leaders” who believe the world is nothing more. than a spherical game board on which they play their “Great Game”, where territories are fought over and captured, fortunes made and lost, and the people of Earth are nothing more than cattle.
They are able to do this because they have absolute control over the form and supply of the money that the peoples of the world are forced to use. It is through this fraudulent “fiat currency” that their ability to stealthily rob the populace is reached, executed and entrenched, diverting the purchasing power of billions into their perverted mass murder war machines and anti evils. -humans like socialism, “regime change”, countless childish ideas like “universal basic income” and all the other insane nonsense that the feverish minds of statists can cook up in their feverish dreams of world domination. To know more about this, you should read “What Did the Government Do to Our Money?” by Murray Rothbard.
In the decades of the 20th century after World War II, fiat currency fraud and its destruction of the people’s wealth accelerated, as did outrages, abominations, and man-made geopolitical strife. There was no way to withdraw consent from their evil system, as the form of money was under their absolute control. Now, however, Bitcoin exists and is spreading like a sweeping fire across Dartmoor, burning fraudulent fiduciary paper and computer account money and replacing it with a secure database that belongs to no one, enforcing ethics and rigorous math to everyone everywhere.
Bitcoin is not money, it’s a database
Bitcoin is not money. It is a database whose rules are fixed. You can access this database by simply downloading it yourself or by using a consumer interface tool to interact with it. Billions of people on earth have these interfaces in their pockets, they are called “mobile phones”, and when users have Samourai Wallet, Muun, Phoenix, Wallet of Satoshi, Pine, Blue Wallet or Breez installed on their phones, no one cannot confiscate their synthetic currency, or “bitcoin” as it is commonly known.
Bitcoin will end the use of financial rails and money as weapons in geopolitical conflicts. For all civilized people, it is not and cannot be acceptable for only one “side” to control the banking rails (SWIFT) or consumer credit and debit cards (Mastercard, Visa). When one side takes action to cut off an entire nation, the ordinary people of that nation are the ones who suffer the most, not the “oligarchs”, tyrants and despots. Financial sanctions hurt ordinary people, the vast majority of whom have no stake in the system or the nation, nor any part or stake in geopolitical disputes.
The Canadian government cut off truckers from financial services and cut off everyone who supported them. Now, in Canada, some people are withdrawing their money from the banks and moving it to jurisdictions where the rules are less dangerous for ordinary people who have a different opinion than the dictator. What they should do is move their money into bitcoin, where the only rules are the rules of the network, which everyone knows in advance, and not some other jurisdiction with arbitrary rules and l fraudulent money.
In Bitcoin, there is no fat white-haired oligarch controlling the money supply. This means that no one can unilaterally steal the value of your savings, as central banks currently do. This means that once you have bitcoin, you know its future value. Nobody can declare that “the supply of bitcoin has now doubled”. This is what happens with the US dollar and all other fiat. Even if there were no confiscation or deplatform laws in Canada, and “your money” was safe there, the fiat system would still rob you of your stored value by design, day after day.
And don’t let anyone fool you about bitcoin’s value as expressed on bitcoin exchanges. The true value of Bitcoin is that one bitcoin equals one bitcoin over time, and that can never, ever cease to be true. A 1976 dollar has a totally different value than $1 today. No one, not even lying central bankers, denies this. Inflation is an increase in the money supply, not an increase in prices. You have been lied to, and as long as you use fiat currency as your money, you accept the lie.
Bitcoin is Internet, Fiat is Minitel
In the middle of the 20th century, there was a system in France called “Minitel”, which was a widely distributed national “proto internet”. Here you can book plane tickets, check the weather and send e-mail to other Minitel users. It was only available in France, and the rest of the world was cut off.
Then came the Internet.
The Internet allowed free access to everyone, everywhere, on a single set of fundamental protocols on which anyone could write software tools and services. Browsers have been written on it, web servers and chat tools have been written for it. You didn’t need permission to write a tool or publish a service, unlike Minitel, which was a closed service that required permission from network owners. Similarly, CompuServe in the United States was like Minitel; a closed service controlled by a single company. What came next should be obvious to anyone who knows how to think.
Individuals and businesses migrated to the Internet from proprietary closed networks, and the Internet grew exponentially as people realized that you could do whatever you wanted with it and profit from it.
Internet is to Minitel/Compuserve what Bitcoin is to banks/SWIFT/Mastercard/Visa. The Internet has wiped out all closed, proprietary national information networks and businesses. Bitcoin will wipe out SWIFT, Mastercard, Visa and the banks because anyone can work with Bitcoin without permission and build whatever they want to meet a market need or create new markets that would be impossible due to fossil guardians in the glass towers who think bitcoin is “rat death”.
Anyone familiar with the history of the Internet, Minitel and CompuServe knows that open networks are always superior to closed networks, and that the free market trumps protected industries and tools. Think “Wikipedia versus ‘Encyclopedia Britannica'”. No one in their right mind thinks publishing giant books is a good way to make an encyclopedia today (or the basis of a profitable business), and yet that’s exactly what the Luddites mean when they say Bitcoin doesn’t. can’t work.
CBDCs can never match Bitcoin
Considering all these irrefutable facts, it is weird (but not unexpected) that the same people who run the central banks that are about to be replaced, just as the encyclopedias were, are trying to force everyone to use Luddite, irrational “CBDCs”.
CBDCs can never (if ever launched) beat Bitcoin’s interoperability, neutrality, and efficiency, and because they won’t be based on sound monetary principles and ethics, they can never either. start approaching Bitcoin at these levels. Also keep in mind that no government has enough people to write a simple text editor, let alone a platform to compete with Bitcoin, even if they had the correct economics and ethics. .
CBDCs will also fail under exposure to bitcoin in the market, as each country will have its own deranged version and none of them will be interoperable, whereas bitcoin is a single, neutral, globally accepted interoperable standard that cannot be neither corrupted or modified. Imagine EU/CBDC versus US/CBDC. The French can target an inflation rate of 4% while the United States wants an inflation rate of 2%. Both of these governments will understandably want the ability to create CBDCs out of thin air to wage war (as well as cut people off), just like they currently do with fiat currency. No one who can think would accept either of these fraudulent systems, and trading between them will be fraught with uncertainty.
Also keep in mind that small nation states will not be able to create a CBDC on their own, due to lack of expertise or means to create one. They will likely have to join one of the “larger” CBDCs launched by a G20 country. This will reinforce their status as vassal nations. A nation’s control over the money its citizens use is a key element of sovereignty; the British understood this, which is why they never joined the euro system and eventually left the EU altogether.
Which finally brings us to one of the most profound effects Bitcoin will have on geopolitics. Without the means to create money out of thin air ad hoc, nation states will cease to be sovereign in this crucial area of life and will become “vassals of Bitcoin”. In other words, it will mean that all nation states will be subject to the same fiscal discipline, applied in the same way and perfectly fair. They will not be able to steal citizens’ money through inflation, and their ability to project their power globally will be permanently disabled.
The peoples of the world can and will be encouraged to save money, which is the basis of a healthy economy. This sound economy will benefit all members of society, from the wealthiest to the poorest, aligning all incentives with the locus of ethical behavior free from the distortions, irresistible temptations and bloodlust created by the decree.
If you are against all of this, you are by definition unethical and on the wrong side of history. No psychologically normal person is for mass theft, murder and the horrors of the state, and whether you like it or not, Bitcoin is, and it will keep the evil system you believe in from sinking more of blood.
This is a guest post by Beautyon. The opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.