Chapter 11 - Sub-Val/Money
Sunday, August 11th, 2024, 2:40 p.m.
What will be the breaking point of the “fiat” mind? What will persuade people to finally pay attention or get curious about “fiat” currency? The perpetual march of inflation will no doubt affect people, but something that is monumental in the future is bound to be the tipping point where large masses of people start to capitulate or sell all of their “fiat” for Bitcoin.
The speculative nature of a new currency is bound to make it volatile. Bitcoin is being priced or valued by the masses in slow-motion. Ten minute increments are the estimated slow-motion increments. Each block is evidence of a better currency/money/sub-val. Our fiat system is playing catch-up and they are so far behind that it will be impossible to catch up. The people who started the Fed Reserve were…
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…morally bankrupt. The successors are just as bad or worse. John Meynard Keynes was an aristocrat that came up with the system that we use today. He was not a good person. The house of cards has to crumble for a better system to emerge. Bitcoin provides a new system that is strong and resilient to catch society from the fall of fiat.
The people who control the fiat system are already fighting with each other. This is just like thieves fighting over the stolen goods. BRICS is a group that is trying to supplant the U.S. dollar regime but they are all fiat systems losing the battle to Bitcoin.
Every day that Bitcoin does not break or fall apart is another battle won for the masses. The sheep of the world do not yet understand that the gate to freedom is wide open…
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…financially. Satoshi Nakamoto is the esoteric shepherd. He is now a mythological character. He may be alive or he could have already passed on. Nobody knows.
The Federal Reserve is on the ropes and has got to reduce interest rates soon or run the risk of destroying the economy right before a crazy election. We will soon have a new president of the U.S. and who knows what will happen with fiscal policy.
I don’t know what the future holds for the US dollar, but I do know it is losing value worldwide on a year over year basis. The pace is going to speed up as more countries eschew the dollar. The masses are going to adapt as they feel the need so I would not be surprised to see the least wealthy countries adapt first. El Salvador is the first and fitting that “the savior” is that country. Nayib Bukele is a man of God so it is very fitting.
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