A Peaceful Revolution

I take into account myself a progressive individual as a result of I look all over the world and see that the world isn’t just, truthful, simply or peaceable. I’ve at all times appeared for tactics to make the world a greater place, and I’ve at all times carried out so from inside the methods I thought of damaged. For many of my grownup life, I’ve anticipated the federal government (an instance of a damaged system) to make guidelines and legal guidelines that transfer the system nearer to justice, equity, equality, and peace. Is not that the most effective we will hope for?

One cause I encourage you to study Bitcoin is so you may query the present system by a distinct lens. Studying extra about how and why Bitcoin works is barely half the journey. Bitcoin additionally provides the chance to discover the unexamined, research the water round us and ask powerful questions in regards to the methods we’ve got at all times lived with. It provides the chance to ask questions that we by no means really ask. What’s cash? Who controls it and the way? Who ought to test it? Studying about Bitcoin helps you think about what issues would seem like if we changed a construction that we intuitively know is unjust, however have by no means earlier than had the vocabulary to ask questions.

The concept that the financial system might at some point be utterly mounted has by no means appeared like an actual risk. The concept that the complete system may very well be changed – the water round us that we do not discover – has additionally by no means been a risk. However whereas lots of my liberal pals are adept at stating systemic inequality, there are few proposals for systemic change to exchange the methods that create this unfairness. Actually monetary and financial methods are ones you would not usually discover, however a greater understanding of Bitcoin apparently provides you a greater understanding of the methods it seeks to exchange, and why incremental adjustments will not essentially deal with its unfairness. It additionally lets you think about, maybe for the primary time, a world with out this inequality.

The world is managed by political, social, financial and army methods that create and rely upon the hegemony of the US greenback. Unfairness, inequality and violence are woven into the material of those methods. They’re inexorable elements of these methods, not simply unlucky exterior components that exist on high of in any other case wholesome buildings. To take only one instance, wealth inequality isn’t just an unlucky factor that occurs as a result of some grasping folks break the principles and get away with it. It’s a essential and built-in characteristic of a system that is determined by a hegemonic US greenback as a worldwide reserve asset (see Chapter 7). However now, for the primary time in human historical past, we’ve got a possible financial invention that would overhaul the system and never simply tweak it from inside to make it slightly fairer.

It has been my expertise that the extra folks know in regards to the previous monetary system, the extra they hate it. Henry Ford is credited, almost definitely wrongly, with saying, “It’s sufficient that the folks of the nation don’t perceive our banking and financial system, for in the event that they did, I imagine a revolution would happen earlier than to-morrow morning.”⁵ Bitcoin may very well be the push that will help you be taught extra about our banking and financial system and begin a peaceable revolution.

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5: “The Fact Is Out: Cash Is Simply Created, and the Banks Are Rolling in It,” Underground Community, accessed November 29, 2022, https://underground.web/cash/the-truth-is-out-and-the-banks-are-rolling-in-it/.