When confronted with today’s social and economic problems, the instinctive response for many is to demand a “socialist” agenda—greater redistribution, heavier taxation, and more state intervention. Yet these measures, however well-intentioned, fail to address the root cause. The mother of all our societal ills lies deeper: it is money itself.
A society cannot thrive when its monetary foundation is corrupted. Our fiat-dollar-centric system has entrenched perverse incentives, concentrating power in the hands of those who control the issuance of money, while distorting markets and eroding trust. As long as this system endures, no amount of wealth transfers or policy tinkering can restore genuine fairness or prosperity.
Confiscating wealth from billionaires may satisfy a temporary sense of justice, but it does nothing to repair the underlying system. By contrast, adopting Bitcoin as a neutral, global, and uncensorable reserve asset offers a true solution. Its incorruptible design allows for a gradual but powerful realignment of incentives, setting off a virtuous cascading effect in which many of today’s problems are addressed at their core rather than their surface.
As I argue in my book https://www.bitcoindollar.net the most critical function of Bitcoin today is not as a day-to-day “currency” but as a store of value. That is why I propose the Bitcoindollar system: a transitional framework designed to bridge the present fiat order with a future in which Bitcoin serves as the world’s monetary standard.
This transition will not happen overnight. Rome was not built in a day, nor can the entrenched power structures of the dollar system be overturned in a short span of time. But history shows that once better money emerges, societies reorganize themselves around it. The first step is clear: fix the money.
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