Deflation = Abundance For All
Make Deflation Cool Again
(Listen to audio version of me reading👆)
One of the beauties of bitcoin is that you don’t even need to hold it or understand it but you will still get to benefit from it.
Rent seekers and grifters that leech off the “financialized” system we find ourselves in will slowly melt away. (ie. Wall Street, pensions, 401k, hedge funds, predicate equity, derivatives, credit default swaps, etc.)
The ledger will create a check and balance against corruption.
Against politicians trading stock from at their benefit and your loss.
Against politicians promising that they will raise money or taxes from one group but turn around and really line their own pockets and pay off their friends.
It will be a record of who stood for what and will incentivize good actors in the public square while slowly disincentivizing bad actors who will fade away.
As more people learn about bitcoin and the monetary system, as bitcoin forces you to do, it will slowly demonetize Wall Street.
Investors will realize they are paying fees to people just to have fees sucked away from them in a self-defeating inflationary system.
Capital will drain out of Wall Street bankrupting the worthless money managers and rent-seeking shills.
There won’t be a need for financial planners and hedge funds, and garbage repackaged ETFs and mutual funds, and financial weapons of mass destruction.
There won’t be a need for pension funds and 401k.
All the grifters will slowly melt away and the fees returned to the people’s portfolios.
Stephen Brill has a book called “Tailspin” which talks all about this very thing and how the boomer generation was used as the puppets to carry out this system of financial destruction.
Those who hold bitcoin stand to benefit the most and be able to suck up more assets.
This has already been the case over the last 13 years as those who have held bitcoin have seen life get very cheap for them.
Swan Bitcoin has a great video (below) about what will happen to assets and to humans as we evolve over the next couple hundred years with bitcoin (14 mins.)
Assets that we think of traditionally will no longer be priced as stores of value but will reflect their true utility.
Like real estate.
It will be traded much differently. Each asset currently contains some type of utility value along with monetary value or store of value.
Instead, your money should just do what it’s supposed to do and be the ultimate store of value.
This lets every other asset return to its intrinsic value as determined by the free market.
Like we have said, naturally, this reduces prices in all assets and makes them much more affordable creating more wealth and opportunity for all.
Each Satoshi (divisible unit of bitcoin) will be able to buy you infinitely more and more assets.
Anyone holding fiat/CBDC will also be able to buy more stuff as well.
Once people realize what central bank digital currency (CBDC) are, people will break away from that and it will only make bitcoin grow.
Who would want to be trapped in a ever diluting spy coin where someone can control your wealth and all your decisions?
Bitcoin will be the only money, but probably not the only currency.
Assets, goods, and services will be much cheaper for every human.
Abundance will blanket the earth and wars will not be popular or easy to run without the currency printer inside the blacked out government/central banker basement windows.
As less and less people need government to provide for them through printing currency and taking from others it will naturally reduce the size and scope of government.
This will directly give more freedom and prosperity to each citizen.
Heck, nation-states may cease to exist eventually…
Bucky Fuller, the friendly genius, even predicted that nation states may fade away decades ago.
Just like Henry Ford predicted that there would be an energy money some day, over 100+ years ago.
That will also incentivize the good actors like we have spoken about, back in to government again, which will be a positive reinforcing loop giving us more of our freedoms.
Abundance and God’s calling for all humanity will take shape and the earth will regrow to its natural state; peace and harmony.
Stay strong,
Brandon