July 6, 2022

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WAY before Bitcoin, my grandfather was born in 1928, the US dollar was still backed by gold. Like most of the people born at that time, he had faith in the US dollar and the American dream that anyone can become something in this country if they work hard and save their money. Back then, that was true. But is it still true today? Well, I believe it is still true, however if you are “saving” your money in US Dollars – you might not actually be saving anything.

I remember my grandfather was a hard worker. “If you don’t work, you don’t eat” he would say. He joined the armed forces about a week after the infamous “D-Day” speech. When he got out, he moved to a small midwestern town, bought a house, got married, had a couple kids and took a job driving a truck. For the next 50 years, he kept the same house ( and even bought the one next door ), he kept the same wife, he even kept his truck driving job that he loved to do. He worked and saved his entire life – and it made sense at the time.

By the time he passed away in 2002, his net worth was gone. Inflation, rising prices of everything, taxes & life expenses just outpaced what he was making. He was a hard worker, a good man and he cared a lot about his family. But in the end, all of the value of his life’s work was depleted. This was not an accident – it was by design of the architects of the planetary monetary system to keep the average person in debt slavery – no matter what it takes.

Sometimes I wonder how life would be different if instead of depositing cash into an account to save it, if he had just bought an ounce of gold a month. Or silver. Or bonds, stocks, etc the list goes on. I am thankful for his hard work but in the end he was just going from point A to point B, with the belief that “money in the bank” was as good as it got. That may have been true 90 years ago, but it wasn’t as true 30 years ago and it certainly isn’t true today.

You can be a good person, a hard worker, a diligent saver. And you can work your whole life that way and it still won’t be enough to keep your children out of debt slavery. It still can not only fall short, but actually create a situation where everyone starts at square zero, every time. This is in stark contrast to the idea that if a man works his whole life to provide a better life for his family, he can. That is the American dream. I ask you, with the US dollar – do we still have that American dream?

What value does a dollar have if you can’t hold onto it? As the saying goes, “a fool and his money soon part”. The Federal Reserve fractional banking system in 1971 took that quote to heart – and separated what made money valuable, from the actual money. Making fools of all of us. They tax you on what you make, they tax you on what you spend & they have “inflation” ( wild and unchecked money printing ) as an invisible tax on what you already own. Can you ever truly own something, like a house, if you have to pay taxes on it, into perpetuity forever?

Ever since 1971 things have gotten worse and worse for the average person trying to achieve “success” in the United States. So, for example, if you grew up in the 1930’s and 1940’s and your money was sound; you might put that money into a bank and expect it to hold steady. You might anticipate a little bit of a rocky growth (it can’t always be worth more and more, right?). But would you expect the government to decide to print more money than has ever been printed in the past 200 years, effectively doubling and sometimes TRIPLING the price of everything around you?

The lumber, the food, the gas, the vehicles and even the houses. The taxes, and even the very money itself is not certain to hold any value at all, unlikely to stay the same and very unlikely to appreciate in value. If ALL you do is work, put some money in the bank, and at the end of the day your bank account stays the same or goes up a little bit day by day – you may think you are accomplishing something. And certainly, you are – but are you certain of WHAT you’re accomplishing? Are you creating something that will last – or are you maintaining a level of comfort that could be taken away from you at any moment by the stroke of a pen?

This is why Bitcoin will forever change the way we see savings and the way we view value and transact with money. Control of money should not be in the hands of the few, at the expense of the many. But with the current fiat system – it is. There will only ever be 21 million Bitcoin – so when you put a few hundred satoshis on a hardware wallet and leave it to your grandkids to open when they turn 18 – you can be certain that those satoshis will not be absolutely worthless.

As long as people believe in freedom and sovereignty, they will believe in Bitcoin. Because no one “believes” in the US dollar just because it is the US dollar. If the dollar crashed tomorrow like Zimbabwe or Greece – no one would keep accepting US dollars for everything just out of loyalty. The loyalty to the US dollar is built on nothing more than fear of the American empire. There is no “Bitcoin Empire”. Bitcoin is here to stay – unlike the failed fractional reserve banking experiment.

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