A lot of talk about the ETF and the halving. Both very important for the growth of bitcoin in the next few years and certainly both will get bitcoin into the public eye again in 2024/2025. However, this is small news compared to what is actually happening in the US monetary system right now...
At this point, we are honestly 5 years, 10 years MAX away from the US debt from exploding. Whether you want to admit it or not, the entire world runs off of the the US financial system. Almost every single country in the world either uses US currency, buys treasuries, invests in US stocks, trades bonds, etc. At some point, the US is going to enter a tipping point where we will no longer be able to pay back our debts and other countries will realize that they aren't getting their money back. Our government will say something like "we will secure your money for you with the strength and power of the USA, etc, etc" basically meaning, your money is ours now, fuck you, we have bombs and you're fucked cause we're fucked. When this global event happens, all fiats will immediately plumet, all of them, at the same time (this is already happening to some countries, but it's because they are the most disconnected from the USA is why it's happening to them first). The USA is the only thing keeping fiat afloat and it's the only thing keeping bitcoin from mooning at this point.
The death of the dollar is directly correlated to the strength of bitcoin.
This is why, over the next 2-3 election cycles, it is imperative that we start to elect officials that understand bitcoin. It's going to be fun to watch bitcoin go up in 2024/2025, everyone making some extra money for their families is nice and all, but none of that is going to matter if the world's fiat system collapses. The point of this post is to create a call to action. We need to slowly adopt bitcoin as a collective world. Just buying bitcoin isn't enough and you aren't doing your part unless you are actively voting for people that can help make this change in the world.
I've got young kids and I want them to have a full and happy life, and that's not going to happen on the current fiat system, there will be a change. But we have an opportunity to make this change proactively instead of reactively. Let's start to focus on the end game here and look past the ETF and the halving. In the big picture, they both basically already happened.
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