It seems every time you turn your attention to the traditional news outlets you see more hate, despair, and intensity. The coming chaos and volatility are extremely palpable in the air. You can choose to immerse yourself in that old world, light your torch, and march towards a divided world, or find a better solution.
There is a new world growing. This new world is free from centralized control and programmatic in monetary policy. The world of cyberspace, as Plan B points out, is the inevitable future.
The population might seem small and uninteresting now, but as we continue to debase our currency, fight in the streets, beg for free money, tax the wealthy (which disincentives innovation), push for socialism over capitalism, and ask for more loans from centralized institutions, the 3 million will turn into billions.
Individuals, nations states, companies, individual investors are taking notice of this growing cyber-economy.
A report by Ark Invest titled, Bitcoin: A Novel Economic Institution, noted:
“In 2009, the Internet birthed Bitcoin,
a novel economic institution giving individuals the ability to participate in a politically neutral realm of economic activity. Its coordination transcends borders, locations and jurisdiction.
Instead of relying on centralized intermediaries to enforce its rules, Bitcoin relies on a distributed network of computers. This architecture enables it not only to function outside the purview of legacy systems, but also to challenge them. While the full ramifications of Bitcoin’s creation are not well understood, we believe that it will contribute more dramatically and profoundly to the evolution of monetary and financial systems than any other breakthrough in history.”
Let’s repeat it, a politically neutral realm of economic activity. This type of realm will allow true free-market capitalism to take place. This type of realm will eliminate human emotions and our need to trust a centralized authority.
These centralized authorities have a long track record of confusing the general population and bribing them with unfulfilled promises. You have to trust the system and give our incompetent leaders votes!
Ark Invests’ report highlights these crimes:
“In a trust-based model, the protection of assets depends largely on the existence and reliability of local protection, typically the government. In the absence of reliable local protection, individuals often have been unable to protect their wealth. In 1933, for example, the United States banned the private ownership of gold, including coins, bullion, and gold certificates,9 a ban that persisted for more than 40 years. In 2016, the Government of India announced the demonetization of all
₹500 and ₹1,000 banknotes, which many critics considered confiscation of property without due process.10 Then, in late 2019, the Hong Kong and Shanghai Banking Corporation (HSBC) seized the funds of individuals affiliated with the Hong Kong protests,11 highlighting once again that centrally controlled wealth is guaranteed only if institutions are willing to protect it.”
What if you post something on social media the government doesn’t like? What if you attend that protest the government doesn’t support? What if you don’t wear a mask or take their rushed, untested, vaccine? What if you don’t comply and raise your fist? What if…
A central authority can step and take everything from you. They could seize your house and shut off your bank account completely. They could and they will. They could and they have, as noted above with Hong Kong.
We are entering a slippery slope here in America where the small majority that sees what is really happening is being shamed into silence. Luckily, we don’t have to fight their battles. We don’t have to be apart of the riots, the killings, and the politics. We can build a better world peacefully.
Bitcoin will be here when you are ready. The cyber-economy will be here when you are ready.
Have a good week,