In my post posted on steemit In year 2017 I was already talking about the idea of ​​conducting a bank run, where citizens would massively take money from their bank accounts. Theoretically, this is possible. But yellow vests in France have not make any inpact on the banking sistem with their try at the beggining of this year.

I try to analyse why there was not any results from this idea. The main flaw was in underestimating abilities of banks to efectively make this attempt very hard.

If a bank run starts, first banks reaction is always limiting abilities of depositors to phisically get their money in their hands. This can be done very effectively. The bank simply closes its doors with the excuse that an extraordinary situation arose. Banks also limit withdrawals at ATMs and all other places of entry where citizens can get their money. This causes a slowdown in the cash flow from the bank and allows it to provide cash from alseware from the banking system. So efect of the bank run can me deminished that way.

So I propose more efective way available.

Now we have Bitcoin and cryptocurrencies. They are decentralized, and not controlled by anybody. With this indepedend financial vheicle, we citezans can simply opt out from fiat iflational economies into better deflational Bitcoin economy.

Economists who support the current economic system in the world are always warning us that deflation is something bad. But we need to know which deflation they have in mind. Deflation in inflatable fiat economies is a sign of a lack of demand, not an increase in the volume of goods in the economy. Increase in volume of goods in The economy is a sign of healthy growth. If we have money in such an economy that has a fixed emission, then as Bitcoin has, then the deflation in such an economy is healthy and reflects the fact that more goods had been produced. Prices begin to fall, because the same quantity of money must cover the value of a larger quantity of all goods in the economy.

In the inflationary economy, where money can be created from nothing in unlimited quantities (such are currently all global economes), deflation occurs when the purchasing power of people is so destroyed that they can not afford almost nothing but covering basic needs. The purchasing power of the population can not be corrected by accelerated printing of money, which is currently being done by all global emission banks. So this newly printed money is put into banks they can not lend to indebted people. This money is just waiting for, to do its destructive function.

Banks can still channel it for a while to buy government bonds (as long as the state is not too much indebted) then switch to buying everything that is possible to buy on stock exchanges and when the balloon extends to it's limits a big bang happenes . The balloon bursts away, the evil money escapes from the bottle and spits out among the crowds.

Hyperinflation hit and recession starts. Suddenly everybody find out that the money created in this process is actually worth nothing.

Whe are at the brink of this situation now. Actually it's already happening!

As I compare divorce of religion from the state with divorce of money from the state, we can conclude both processes make significant benefits to the society and civilization on our blue marble, called Earth.

As a parable, we can take a fire in the Notre Dame Cathedral. Some people prayed on this occasion and the other sang the Marseillaise. The first ones hopes is, that the world will be saved on the basis of the old traditions, while others are probably already thinking that they will leave the old economy and started a new way with Bitcoin. I'm already in that other group.

So all the people, especially you, the Yellow Vests from France! You have been always the most revolutionary people in the world.

My suggestion on how to undermine the corrupt politisians, which are just the marionettes of bankers in the background, is to switch to a new economy. Don't burn cars on the street, show no violence against them.

Replace all your money with Bitcoins and other cryptos. Let's start selling our work in cryptocurrencies , and demand from politicians that we also pay taxes with Bitcoin.

Do not show them the middle finger on your arm. Squeeze your fist and raise the little finger to let them know that you have opt out to the new free economy.

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Tomaž Trobec
land surveyor, coder, free spirit forever ! 

I do not use facebook, twitter, instagram or similar platforms for collecting information about free people.