Bonds WILL Completely Collapse
"Return Free Risk"
(Listen to audio version of me reading👆)
Bond is root word of bondage.
When the public realizes that by issuing bonds the government is enslaving its people through the national debt, this will end.
Bonds are a promise from governments that they will rob their citizens in the future through direct taxation and indirect taxation (inflation).
Similar to inflation, this is taxation without representation.
No one asked you if you wanted to pay for all the BS that was spent before you were born.
No one is asking the kids now if they want to pay for all the prosperity in the future being brought in to the present.
If it can save just one kid…we would stop enslaving them with debt.
We are creating serfs of ourselves, to the state.
The best analogy is an electrical strip plugged into itself.
Governments do not create value for their citizens.
Therefore, how could they provide a return to pay back the coupon (interest) owed back to the bond holder?
Answer is they can’t, the only way is by taxation or inflation of their own citizens.
Bonds are a mechanism to fund war, propaganda, and money laundering.
When bonds collapse…
Nations will fall if they don’t use bitcoin as the pristine collateral it is.
Life insurance will fall if the industry doesn’t move to bitcoin as the foundational structure of their safe asset structure.
Pensions, 401k and ETFs will completely collapse as bonds collapse.
Once all these dominoes fall you will see bitcoin rise like a phoenix.
The rise of bitcoin (or fall of the fiat currencies) may coincide and go hand in hand.
Layered Money
Nik Bhatia writes about this in his short, yet phenomenal book, Layered Money.
There are stages of money that the “unproductive class” has used to safeguard its empire from the people.
Not all of it nefarious.
I do believe many of the protocols were put in to place as a means of making things easier or faster.
Not to mention many things were put in not all at once mind you but over decades by thousands of different people.
People should be rewarded by their actions and results, NOT by their intentions.
While many in the legacy monetary system could have been well intentioned, only a few bad apples can spoil the bunch.
This is exactly where we find ourselves.
We have always had to rely on rulers and not rules.
Now we get to rely on rules and code, NOT rules.
Men are fallible.
Trade offs
Much of the “easier and faster” movement comes with tradeoffs of security and decentralization.
Bitcoiners know that fight all too well as they are constantly at odds with every alt-coin that makes tradeoffs at its base layer for more SPEED or SCALING.
These tradeoffs put the users at jepodary of losing their wealth and sovereignty.
We don’t need a faster PayPal or VISA.
We need a system that cannot be censored and cannot be controlled by a few at the top.
Proof of work gives us the remedy.
Proof of stake is the recreation of the legacy fiat monetary world all over again.
The fiat monetary world that gave us currencies that lose purchasing power and bonds that enslave us.
If you are sick of the status quo and the cost of living running away from everyone then the answer is crystal clear.
Fortunately, the answer is already here and being built every day by companies like these…
Separation of money sand state.
Fix the money, fix the world.
Stay strong,
Brandon
Ps. UPDATE: This video from Mike Maloney was just recorded a couple weeks after I published this article. I clipped the long video with him explaining bonds the EXACT way I have been talking about it: