Taking Control of Your Financial Freedom: Embracing Alternative Currencies like Bitcoin
Here is a section of an article I submitted to 2600 Magazine, a hacker publication, that censored parts of my writing. To read the complete uncensored article, head over to https://deltacharlie.tech/
Remember, government does not create money, the people and free markets chose gold and silver because they were, and arguably still are, the best money. Government makes laws, and central banks create fiat currency. If you watch Hidden Secrets of Money, you’ll see that the gold standard system restricted what government could do. A government can’t go to war on a fixed money supply like gold. So, it has to convince the citizens to want war, and it uses the media for this. Then, the government borrows from the Fed, increases our taxes, removes our freedom, and more people die. On a fixed currency supply, government is restrained. On a fiat currency supply, endless currency can be printed to finance wars forever, which is what Dwight Eisenhower warned about. This manifested itself in Richard Nixon decoupling gold from the dollar, essentially defaulting on our debts as a country.
This is one of the prominent arguments for Bitcoin, because it is a fixed supply. If you disagree with what the government does, don’t participate in the fiat system, and use alternative money like BTC. Yes, it’s volatile, but that volatility shows you how ineffective a fiat system is. It’s not that the “price goes up,” it’s that the purchasing power of the USD goes down, as it’s done for 100 years. Every single fiat currency in history has gone to zero. Every one of them. This is a 100% failure rate. If you only think of Bitcoin in terms of dollar price, you are only seeing, pun intended, one side of the coin.
To read the complete uncensored article, head over to https://deltacharlie.tech/
#hacker #2600 #censorship #freespeech #grownostr #freedom #decentralization #capitalism #entrepreneur #bitcoin #endthefed #economics #liberty