Chapter 14 - SubVal
Monday, August 14th, 2023, 8:01 a.m.
The mind is not an easy concept to understand. Our minds are all similar, but yet very different. The Subjective Value that we use on a daily basis is based on what abstract thoughts we carry in our mind. Our fiat SV is giving our society/cultures a dis - ease. That sounds a lot like a disease of some sort? Well, it kind of is.
The cold, harsh reality is that the SV that is used today is primarily all “debt.” Let me explain. The U.S. dollar, which sits atop the heap, is a debt instrument issued by the “Fed.” The “Federal Reserve” is a privately held bank NOT owned by the U.S. citizens, but by a large group of benefactors. This used to be a small group of international bankers, but has morphed into a much bigger team of people today. All people involved at the top benefit from exorbitant privilege.
The scam exists in the slight of hand, verbiage used, and men with greed in their hearts. The greed of these people will blow the whole thing apart eventually. All humans are fallible and these greedy bankers that are busy enslaving humans to benefit themselves will mess up this plan. The fallible…
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…parasitic so - called elite will eventually overplay their hand and lose all control of the currency. This, I believe, will happen within the next 7 - 10 years or even sooner.
When did you become a bitcoiner? This is a question that every “true” believer in bitcoin gets. They have a moment in time where the concept kind of clicked or snapped into place. It is like a moment when you finally connect a large section of a big jigsaw puzzle together.
The year was 2021 and it was specifically during the Gamestop debacle. I think it was in February of 21’. The upper echelon cheated on their end to keep the plebs in check. That was the tipping point for me. I went to a coin dealer and sold all silver and gold except for one 1 ounce gold coin with my Birth year on it.
Then, I had an instance where an old acquaintance of mine traded me 2k worth of BTC for some produce. LOL! The lightbulb in my head that went off when I got cheated during the $GME debacle was now glowing brighter and brighter. My book reading habit went into overdrive. I read bitcoin book after BTC book. I could not get enough.
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I read everything from the technical side (Grokking Bitcoin by Kalle Rosenbaum) and a few others, to economic bitcoin books like the “Bitcoin Standard” by Safediem Aumous. I liked the book by a group of authors including “Breedlove.” It is called “Thank God for Bitcoin.” Gigi and his “21 Lessons…” book was a fun read and “Layered Money” is my go - to recommendation for an easy to understand distilled version to explain SV. There are others like Jeff Booth, Knut, and many more. Read books or listen to podcasts with some of these sage people and you will also, through time and effort, come to understand bitcoin.
The weird concept around this education is that it has to come from you. “You” have to become curious. Nobody can gain the knowledge and understanding that is required of your mind for you. I wish that I could get my wife and three children to understand the importance of this concept.
The complexity of this endeavor is monumental. Once you have decided to figure it out, you get what is called “providence.” This is like an ocean liner cruising the high seas. It is hard to stop “Providence.” The collective mind of all human beings will be changed by this in a dramatic way. :)
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