Hey JessElite
We've seen the worlds biggest social experiment play out known as the biggest theft in the history of the world. Since we left the gold standard in 1971 a few people became the masters of money we've seen softcore imperialism, apartheid and colonialism. No more need to force slavery, no more need to plunder countries with ships and armies (in most cases), no more need to segregate people based on arbitrary class structures and enforce it by an unconstitutional law.
No, the powers that be have figured out you can get all the benefits fo slavery, imperialism, and colonialism with the use of the monetary and fiscal policy. While it's often categorised as a racism thing because the vast majority of the world at the bottom of the food chain is of darker skin, it's more of an untended consequence of a systemic failure we've all been complicit in creating.
Just as those making the rules are doing so to make sure they're getting ahead, the middle and bottom going along with it only serve to perpetuate the myth and the system.
Perpetuating the Ponzi scheme
Inequality is part of every society, regardless of what we going to do it will be there, that's just the nature of free will. However, the level at which people are disproportionately oppressed and marginalised based on circumstances can be mitigated by sound money.
Sound money reduces the effects of racism, and system racism at that, it reduces the effects of poor governance, it reduces the effect of restricted access to resources and capital. Sound money doesn't solve all the worlds problems but it sure gives us a platform to start doing so, instead of the constant sinking into debt.
The unfortunate reality is the majority of us will never be able to work harder than inflation can steal from us, you're running from the river with a bucket full off holes trying to fill a pot that you're borrowed from someone else and they can take it back at any time.
We've all suffering from this to various degrees, some just have inherited wealth or are in circles that protect themselves from it, while the rest of us are exposed to the full brunt of the systematic robbing of peoples wealth and dignity.
Deflation is not the problem, ill-gotten gains by inflation nepotism are, and until we fix that, we won't fix a damn thing.
Undoing inflation with deflation
Bitcoin and it's limited supply and 8 decimal points are a stunning counterbalance to the current economic system. Satoshi really took his/her/their time planning this thing out and it shows. A Bitcoin is actually an inflation absorber, it takes inflation from the market and sucks it into its system to power its value.
The more its opponent inflates the stronger it gets, the only way a currency could compete with it, is to deflate itself, which would be impossible at this point with all the debt we have, it can only continue to inflate to rob Peter to pay paul.
Bitcoin is the antithesis of this, its deflationary powers transfer wealth to those who save, those who have faith, those who make sound financial decisions, those who believe, those who want change, those who believe in privacy and sovereignty.
Bitcoin rewards you for holding true to those beliefs. Bitcoin is the peaceful protest against ill-gotten gains, so will you stand in solidarity?
Stop hoping for a better world, it's time you HODL for a better world
Have your say
What do you good people of HIVE think? Will Bitcoin be able to provide a counterbalance to the status quo?
So have at it my Jessies! If you don't have something to comment, comment "I am a Jessie."
Let's connect
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Yep, BTC has been going for too long now for it to be taking away and it's method can't be changed unless someone forks it but hardly anyone will go with the fork because BTC has the first mover advantage and everyone has heard of it.
I'm doing my own silent protest and just moving the cash I can into BTC because I'm fed up of the banks screwing around with my money and actually holding it hostage in their sick and twisted games!
Damn, I think I'm going to push myself over 1 BTC this weekend now I'm charged up lol
Yes, BTC started when no one cared, so it kind of has this immaculate conception that no other crypto can copy. Dude, I'm doing so few transactions these days since lockdown but my bank fees are still going up lol, fuckers think they got me, hostage, think again.
You're almost there, you can taste it!
Keep working, stop paying.
Agreed! Put more of your purchase power in BTC and take it away from government control at this point it seems irresponsible not to do it
Good money forces bad money out?
This snowball is not through rolling, iyam.
In theory over time yes, we can only be patient and committed there’s something about this places stubbornness that gives me hope in crypto
@tipu curate
Upvoted 👌 (Mana: 21/28)
Thanks for the support mate, appreciate it
I am a Jessy this time. Have a Good day!
You too, pitty about the outcome of that bet, we were so close
I think that VAR decission was absolutly right. But anyway - close....
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Why thank you kindly
You are welcome. :)
more great stuff, excellent work
Thanks, lol just airing my thoughts and think its fitting to have it time-stamped on the blockchain so I can refer back to it, I have a funny feeling these posts will age pretty well