When most people think of inheritance, they picture wealth being passed from parents to children: property, gold, jewelry, stocks, businesses, savings, or life insurance payouts. Others may think of more subtle treasures like rare artwork, a guarded family recipe, or a skill preserved through generations. While all these are different forms of wealth, they all share one thing in common; they are crystallized forms of time.
Every inheritance is a time bank. It represents hours, years, and lifetimes spent working, building, and creating, condensed into a legacy that spares the next generation from starting at zero. That family business your grandfather built? It represents decades of his labour compressed into a single asset. The college fund your parents created? Years of their working hours, saved and invested. These are not just mere assets but temporal vessels carrying the concentrated life force of those who came before us.
By inheriting this time bank, children don’t merely preserve wealth, they gain the ability to expand it further, leaving an even bigger time bank for their own descendants; thus ensuring that future generations get to spend their time differently and hopefully more productively than their predecessors. If each generation had to reinvent the wheel, humanity would still be dragging rocks through mud. The very idea of civilization is predicated on transferring time forward. That is the true essence of wealth.
Having said that, the disturbing reality is that most inheritances are being quietly stolen long before they ever reach your children. Our fiat monetary system guarantees that these time banks are raided gradually by the central bankers.
Fiat: The Great Time Thief
In a sound monetary system, your saved time retains its purchasing power across generations. The 100 hours you worked to buy an ounce of gold in 1920 could purchase roughly the same real goods in 1950, 1980, or 2000. Your crystallized time remained intact. This is where fiat currency alters this dynamic in a diabolical way. Today, fiat money is a melting ice cube. Inflation doesn’t just erode money, but it also erases the time investments of the past. When the purchasing power of savings collapses, the hours, years, and lifetimes of labor that created that wealth are stolen by sleight of hand.
Inflation steadily devours the value of liquid assets, while taxation, especially inheritance and estate taxes, erodes the value of hard assets. Together, these forces represent systematic time theft. The time bank you intended for your children gets robbed before they can access it. Instead of expanding wealth, they're back to square one, accumulating from scratch while battling the same twin thieves that depleted their inheritance.
When present income can't sustain a decent life due to this systematic theft, a third thief enters the picture: debt. Debt mortgages the future, consuming tomorrow’s hours today while chaining the next generation in obligations they never chose. In the name of “progress,” the state binds its citizens to perpetual servitude.
This is not a bug in the financial system, it’s a feature.
Central Banking: Command Over Human Time
Most people see central banking as just the centralization of money creation. While technically true, this description doesn’t capture its wicked essence. Central banking is a mechanism to centrally command human time. The most scarcest asset we have. Think about it. Money is not just paper or numbers on a screen. Money is human time, tokenized. The money most people trade their precious hours for (through education and labour) gets conjured out of thin air by the bankers, an act that dilutes the very time you invested to earn it. This ability to command entire populations' time banks is the source of their power.
This is why central banking is such a diabolical enterprise. It allows a small elite to command the time banks of millions, simply by pressing “print. In times of crisis; hyperinflation, recessions, depressions, they are never the ones left destitute. While everyone else's savings vaporize, central bankers acquire hard assets for pennies on the dollar. They've truly mastered the art of stealing time through monetary manipulation.
In such moments, inheritances melt away. Years of your labour, carefully preserved for your children, are stolen by sleight of hand. Inflation reduces them to nothing. The time investments of the past are erased rapidly.
The Marxist Trap
When this theft becomes undeniable, most people misdiagnose the problem. Instead of pointing at fiat money and central banking, they chant, "Capitalism has failed!" "Tax the rich" and "raise inheritance taxes" in the name of equality. The tragic irony? They are demanding for more of the very poison that robbed them in the first place!
Most of these people who rage against "capitalism" today don't realize they're actually living under a system Karl Marx explicitly endorsed. Central banking is literally Marx's fifth plank from the Communist Manifesto: "Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly." Sound familiar? The Federal Reserve, Bank of England, European Central Bank, these aren't capitalist institutions. They're the fulfilment of Marx's vision of centralized control over money and credit, concentrating power in the hands of state-connected elites.
His third plank calls for the “abolition of all rights of inheritance.” Today, with estate taxes eating 40% or more of generational transfers, we’ve already implemented it. The state claims first rights over your life’s work, reducing your children to serfs who must buy back their freedom through taxation. Protesters calling for higher estate taxes aren’t fighting the system, they’re begging for its completion.
To Marx, the individual was state property. Whatever you produced in life, upon death, reverted to the “rightful owner”, the state. Central banking and inheritance taxes are not modern accidents but they are the embodiment of this worldview. By giving the state the right to claim full or partial ownership of your time, you become a willing participant in your own enslavement. You cannot simultaneously demand economic freedom while supporting monetary slavery. Central banking and individual sovereignty are mutually exclusive. Either your time belongs to you, or it belongs to the state. There is no middle ground.
Bitcoin: The Real Signal
This is where Bitcoin becomes revolutionary and widely misunderstood by the average person whose brain has been fried by Keynesian economics. Unlike fiat money, Bitcoin is not a permission slip issued by the state. It is not subject to dilution, confiscation, or debasement. .
When Bitcoin's price rises in fiat terms, most celebrate thinking they're getting richer. They're missing the real signal; fiat is losing purchasing power relative to Bitcoin. Those price increases aren't Bitcoin becoming more valuable but they're actually alarm bells warning of fiat's accelerating collapse! The Weimar Republic experienced this same delusion. As the Mark disintegrated, people initially felt wealthy as prices soared, not realizing their money was becoming worthless. The excerpts below from the book, “When Money Dies” will give you more insight with regards to the extent of this delusion.
This is where we are today. Each Bitcoin price surge is wildly screaming that the fiat system is dying, but the euphoric celebrations that accompany these surges indicate the same levels of ignorance that the folks in the Weimar Republic had. While i do recognize that there are some celebrating because they have been vindicated that had been previously dismissed as crazy nutjobs by their peers for reading the writing on the wall ahead of time; the reality is because of the price distortions that exist in the market, it temporarily seems like Bitcoin’s value is increasing.
The fact of the matter is that Bitcoin serves as our most accurate measuring stick for fiat debasement because unlike gold, stocks, and real estate, which represent centralized markets whose prices get suppressed through central bank interest rate manipulation, Bitcoin is the world’s freest market.
Beyond the Price Theater
Yes, Bitcoin's fiat price can be manipulated short-term, but that misses the point entirely. Bitcoin's value isn't derived from its dollar price but from being a parallel, censorship-resistant, deflationary, proof-of-work monetary network. Bitcoin’s design doesn’t merely tie money to energy, it ties money directly to time itself, the one resource no one can create more of. Energy can be scaled with new technology, but time is unforgeable. By fixing issuance through difficulty adjustment, Bitcoin links money to the ultimate scarce resource of the universe; time.
When you pass Bitcoin to your children, you're giving them something unprecedented: money that doesn't require permission slips from the state. Every satoshi represents a verifiable unit of work done at a specific point in history. No central banker can counterfeit it. No tax authority can silently erode it with inflation. No politician can debase it into nothing.
Understanding Bitcoin as a debasement-proof monetary network reveals its true power: it's allodial property immune to time theft. Most people fixate on price pumps, missing the forest for the trees. While price appreciation attracts attention (great for adoption), obsessing over fiat valuations ensures that institutional players like BlackRock end up owning your Bitcoin.
The Time Bank That Can't Be Robbed
A Bitcoin inheritance is more than just handing over wealth but sovereignty. The time investment you make in ensuring that your children live sovereign lives is priceless as they get to experience life outside the fiat prison, where their savings are never at the mercy of a printing press. They inherit something radically different: money that cannot be debased, property that cannot be confiscated, time that cannot be stolen.
This is the essence of a true inheritance.
This isn't about Bitcoin's fiat price in 20 or 50 years. That’s a myopic view. This is about true financial freedom. It's about raising a generation that starts life truly free, owning their own money rather than renting it from governments. What’s the point of having money that other people can print for free? Your children deserve better than starting from zero in a rigged game
