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Bitcoin Is Your Way out of the Infinite Vicious Circle in Which the Current System Locks You In

By ssaurel | In Bitcoin We Trust | 30 May 2021


The current system has failed in its mission to stabilize the world economy.

When you discover the devastating effects of monetary inflation on what you own in U.S. dollar, you will probably come to the same conclusion as me and so many others:

We are slaves to the current system that forces us to earn more and more U.S. dollars just to have the chance to maintain the same standard of living.

The current system locks you into an infinite vicious circle:

r/InBitcoinWeTrust - Bitcoin Is Your Way out of the Infinite Vicious Circle in Which the Current System Locks You In

The injections of money benefit the richest people. Each economic crisis further strengthens their wealth. The poorest, who need help the most, are put in even greater difficulty by these decisions. The current system, therefore, benefits a minority of people who are already rich.

  1. An economic crisis intervenes. The reasons can be a banking crisis as in 2008 or a health crisis as in 2020 with the coronavirus pandemic.

  2. Faced with this economic crisis, the Fed and the other central banks always end up opting for the same solution: to print more and more fiat money. This fiat money printed out of thin air is then injected directly into the monetary and financial system.

  3. The governments of the major economic powers implement stimulus plans, which are almost always financed by an increase in public debt. The public debt-to-GDP ratio of most G20 countries is now above 100% or even worse.

  4. All of these decisions lead to great monetary inflation. The value of the U.S. dollar, which is the world’s reserve currency, has been steadily declining over time, as shown by the change in purchasing power in the U.S. dollar since 1971.

  5. The injections of money benefit the richest people. Each economic crisis further strengthens their wealth. The poorest, who need help the most, are put in even greater difficulty by these decisions. The current system, therefore, benefits a minority of people who are already rich.

  6. The real problems of the monetary and financial system are known, but they are never really addressed. Injections of money in almost infinite amounts only serve to postpone the resolution of problems. As these are never solved, a new economic crisis always occurs about ten years later.

The injections of money benefit the richest people. Each economic crisis further strengthens their wealth. The poorest, who need help the most, are put in even greater difficulty by these decisions. The current system, therefore, benefits a minority of people who are already rich.

Each economic crisis is much worse than the previous one.

The powerful people at the head of the current system do not seek to make it fairer

The goal of the Fed and other central banks at this time is just to support the economy until the situation allows for a return to growth. None of the powerful at the head of the current system are therefore seeking to resolve the flaws of the system.

For a long time, we didn’t see any possibility of change. We were going to have to make do with this flawed system that no one wants to change so that it would better respect the inhabitants of the Earth.

And then Satoshi Nakamoto created Bitcoin at the end of 2008.

One cannot help but see Bitcoin as the answer to the flaws of the current system that locks us into an infinite vicious circle of economic crises.

Today, we have Bitcoin at our disposal. Bitcoin is hard money that has the potential to stabilize the world economy in the future.

Bitcoin is the best weapon at our disposal to break the vicious circle in which the current system traps us. With Bitcoin, you are able to fully protect your wealth. Better yet, you have the best tool to fight against the censorship of governments and other powerful people in the current system.

Bitcoin allows you to take full responsibility for what you own.

Bitcoin needs you as much as you need Bitcoin. This interdependence is essential. Without you, Bitcoin cannot succeed. Without Bitcoin, you are condemned to the infinite vicious circle of the current system with central banks printing more and more fiat money.

It's up to you to take action to change your future regarding money for the better.

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ssaurel
ssaurel Verified Member

Entrepreneur / Developer / Blogger / Author.


In Bitcoin We Trust
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