Did Putin Show Us Future Of Bitcoin, Commodity Money?
Blame Putin?
(Listen to audio version of me reading👆)
Putin came right out and said it. The US dollar is failing as a currency and why would you take dollars in exchange for real goods and services.
“Why exchange goods for dollar and euros that are losing value right before our eyes?”
- Vladimir Putin
Commodities are the things that have real value. Primary versus tertiary wealth are terms we need to focus on moving forward.
My prediction is the government will ban cash.
It doesn’t mean you shouldn’t hold some cash in the meantime because I’m sure they will give you a window to transfer your cash over to something else but there definitely will be a period where they will ban cash and allow a transition to get your central bank digital currency.
We’ve all heard the “war on cash” and it has to do with two things: inflation eroding our purchasing power and the government hating it.
The government cannot track cash easily, if at all, hence why they want a digital blockchain type asset which is their own so they can spy and promote any type of monetary policy on individuals directly.
We’re talking repression and oppression at a massive scale.
The gold bugs are worried about executive order 6102 and confiscating gold but they are going to confiscate dollars instead.
This is why I place my bet in bitcoin.
The only permission-less, fully open, immutable, censorship resistant, unconfiscatable monetary network that is completely apolitical and open for the homeless person all the way up to the most evil or most saintly person in the world.
In order to sidestep control and power we must not give up any more of ours freely.
Governments and elites work for us and they have forgotten that fact.
We can vote via our feet and via our wallets.
I have a couple months of cash in my bank account. Other than that everything is in assets including the bitcoin network as you saw in my portfolio construction last month.
As they continue to destroy the currency, like Putin mentioned printing 40% more currency in the last two years, prices will continue going up by that exact same amount.
This week we will have articles on central bank digital currencies (CBDC) and the evilness will ensue plus those that ridicule bitcoin and say it’s not a store a value or inflation hedge.
We will show charts that show it is exactly that and much more. If you have stored your wealth in bitcoin over the years it’s provided you massive wealth and been the best asset at preserving your wealth and making everything in your life cheaper.
This goes back to some of our previous videos and articles talking about deflation and the true way to usher in more peace and prosperity for the world, making everything in life cheaper and more abundant through deflation.
The monetary inflation we have via central bankers inflating our currency and transferring wealth from the poor and middle-class to themselves is staggering. It enables all of the wealth inequality and destruction and unrest we are seeing.
Remove yourself from the system and become independent by being your own bank.
Yes, it’s going to feel like you are operating the nuclear codes at first but think of yourself as your own Brink‘s truck or your own vault that is storing your wealth digitally in your cold storage wallet or the 12 to 24 words in your head.
Putin was right, we have entered a new world and it’s not going back. Times have changed and those that keep up with it are going to succeed massively and usher in the greatest abundance we’ve ever seen.
If we are slow to act we could be looking at dystopia never before seen on this planet.
I’ve had people ask me why I shill bitcoin so much. Is there a monetary incentive for me to do that? Of course there is because the more people that are on the network the more value accrues and the price eventually goes up. That’s the genius behind the game theory that plays out.
However, the bigger reason is that after arguing and debating politics for 20 years I realized that bitcoin solved all those problems without thinking about right or left liberal or conservative or right and wrong.
It just took the power from the globalists and gave it back to the every day person.
The bitcoin white paper is the new constitution. It is the new bill of rights.
The Trojan horse will silently solve many of the problems in the divisions we have today because of the sound monetary properties it entails unlike the current global monetary system built on a house of lies and deceit.
What better way to become your own central banker and own your wealth while also growing it at the same time?
I have seen nothing like it in all of my years studying history, politics, money, and investing.
With great freedom comes great responsibility.
Stay strong,
Brandon
P.S. We have an articles coming up this week about central bank digital currencies and the evil that can perpetrate from such a creation.
What is inflation, truly?
And finally, how the dollar is doing against bitcoin?
Stay tuned!