If I tell you, “Bitcoin can end war.” would you believe me? How can a crypto-currency end anything as savage and barbaric as war? In order to understand this we must first understand the nature of how modern warfare is financed. The world did not know true world war until the invention of the Mandrake Mechanism or fiat currency creation through Central Banks. It is no coincidence that immediately following the establishment of the Federal Reserve in 1913 there immediately broke out World War I in 1914. The profiting off of war is the principle that death and destruction leads to prosperity, AKA The Broken Window Fallacy. Such elaborate economic sophistry is at the root of the modern Keynesian paradigm. Another variation of this absurdity is the assertion, “World War II brought the US out of the Great Depression.” It’s quite easy to become entranced by these complex deceptions. However in attempting to disentangle the complications we must never forget that what is false or wrong for the individual is equally, if not more so, false and wrong for the collective. Saying an individual can profit off of violence is like saying, “The life of a thief, rapist, or murderer is an economically viable profession.” We all understand this statement to be false. Why then do things become obscure when we expand this to encompass thousands or even millions of people? Greater numbers do not invalidate the Laws of Morality or the Laws of Economics. The total amount of gold ever mined is approximately 190,000 oz. According to the current spot price of gold the War on Terror has now totaled the equivalent of 290,000 oz of gold. How is this possible? The answer is through the magical use of fiat currency creation. This is the creating of currency out of thin air AKA currency printing. In order for each new piece of currency to obtain its value it is stolen from all the other currency in existence. This piecemeal process is commonly known as inflation or currency devaluation. It is the slow impoverishment of the working class. It is immorally stealing the prosperity of the unborn to continue the extravagant opulence of the present. It is outright theft of value from the industrious to the currency printers, politicians, and special interest groups. This is impossible with Bitcoin since no one person or group of people controls its supply as well its nature of being in limited supply. The inability of anybody to commandeer the Bitcoin supply and “print” any arbitrary amount of it is quite an effective way to ensure the annihilation of economic chicanery such as the Broken Window Fallacy. When you use Bitcoin you are slowly withdrawing your valuable currency and participation from this violently genocidal machine we call “government”. This alone, if practiced by a significant portion of the population, has the power to topple the empire. Support a decentralized world! Use Bitcoin! youtu.be/qyoEXmopazg
Posted on: Fri, 29 Aug 2014 13:39:56 +0000
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