For 10,000 years we have been using money and for 10,000 years those in power have been corrupting the money we use.
Debasement has lead to some of the worst events in our history. Top 3 Worst:
#1
The collapse of Rome occurred in part because the Silver Denarius being debased by 95% from 3.9g of silver to less than 0.2g of silver.
One impact of this was Rome’s soldiers weren’t willing to fight for worthless coins.
Rome’s frontier was vast.
This lead to quick collapse.
#2
The pillaging of African nations from the 1500’s - 1700’s was due to debasement.
Glass beads were seen as precious by Africans so Europeans flooded the market with these beads.
This amplified the TransAtlantic slave trade and the the removal of precious goods from Africa.
#3
In 1914, Weimar (Germany) had an explosion in inflation (hyperinflation).
That event lead to the Rise of Hitler and Nazism as people grew angry with the status quo.
Hitler’s rise to power lead to 75 million deaths and massive capital destruction.
See any similarities to today?
In Conclusion...
The reason why bitcoin is so important is because it protects us from governments debasing our money.
When govs mess w/ our money it has lead to collapse, war, and literal slavery.
Now for the first time in history we have a money that CANT be debased.
This is why we #bitcoin.
I've had this question for a long time. I know the USA is printing money like crazy. But also, countries around the world are doing the same thing with their currencies. So isn't it a wash? Why does it matter?
Preston Pysh answered this for me:
https://threadreaderapp.com/thread/1470792736626331659.html
As the fog of war billows, we see truths and carnage that make little logical sense. This is not a story by Stan Lee. There are evil men on both sides. There are innocents on both sides.
The puppet masters have what they want. You’re afraid. You’re angry. You hate. And eventually you’ll suffer. They will reap the reward of your enslavement.
It doesn’t have to be this way. Remove yourself from the machine. Take back your life. Make no mistake, though. It won’t be easy. They need you fat, dumb, and happy. They will do whatever it takes to stop you.
Start slow and covertly. Unsubscribe from the media and tech they use to control your emotions. Verify their claims on reality. Assume the narrative is false until proven true. Unplug.
Find your community. Build trust in the service of others. Act locally.
Remove the yolk of fiat. This above all else. The masters main tool to control you is the bit and bridal of a corrupt money. Money that only they control. ...
