The Gold Standard was made possible thanks to a coordinated and planned non-fraud (if you consider 5 dudes in 1 room deciding the benchmark world gold price behind closed doors for 85 years, daily as non-fraud). Fiat systems leverage the recursive self-defining definition of usury to enable a usury-backed currency, as seen since 1971.
Unfortunately, both these standards are just a fancy way of saying men and women who sit at the top, and who will keep fucking and reproducing, handing reigns off to their offsprings who further leverage entail and primogeniture. Now we trend towards an Anglo-American hegemony entity (i.e Blackrock) coordinating and planning non-fraud (i.e. BTC ETFs) while simultaneously being a member of the worlds most powerful and non-violent organization, the Coalition for Inclusive Capitalism. The latter will only grow, and I don't even need to speak on the current community hype behind ETFs and their projected growth.
Is this our fate? Those lesser educated existing in their bubbles of self-sovereignty comforts, caring only for their own immediate offsprings and family? The decentralization of community and want is inevitable, but if we lose ourselves and our values along the way, what difference will it make in the coming future?
Is Bitcoin really about a wealth transfer, or is this a deeper transfer of morality? Ignorance is bliss, but if the road is full of calculated blackswan events and bliss is seldom found, can we still remain blindly ignorant?
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