$44 Trillion is ‘passively’ invested in retirement assets.
For context, the M2 Money Supply is $22T and Bitcoins market cap is $1.9T.
The vast majority of these passive investments go to mutual funds or other products by Vanguard, BlackRock, Fidelity, State Street, etc.
These institutions then have the power to reallocate the funds within the funds to different companies.
They also often hold the voting rights in the companies of the investments they made with others money.
They now own over 20% of all market capitalization in the U.S. and they are the single largest shareholder in 84% of them.
They can use the power to move the money (financial leverage) and voting rights (contractual pressure) to control entire markets, companies, and their employees.
This is where we saw the unity cancellation during Covid where one tweet about the potential harms of vaccines led to the user being cancelled by Twitter, PayPal, and Dropbox - three companies that have nothing to do with the other except the control mentioned above.
This is all to say that current “passive” retirement investing is one of the most unknown destructive things to society today.
NONE of this money goes back into the individuals local community.
NONE of this money goes into any small business.
Instead it contributes to organizations that are profiting off of the demise of them both.
It is feeding the belly of the beast just as much as the federal income tax.
Instead this money should be “consciously” invested into Bitcoin, local small businesses, or local land.
Bitcoin is just the easiest as it can be done in a blink of an eye, over the internet, and in micro payments vs lump sum.
The average annual passive retirement contribution is $7700.
If you contributed this to retirement assets since 2012, you’d have $160k of mostly un-liquid capital today.
If you contribute to Bitcoin instead, you’d have $1.3B liquid.
I understand 2012 is early and the price fluctuated a ton.
So here is the comparison of what you’d have today if you invested the average annual retirement contribution of $7700 in the “passive” retirement assets vs “conscious” Bitcoin since 2017:
Retirement assets: $88k
vs Bitcoin: $1.6m
There needs to be more awareness around this.
To summarize;
“Passive” investing in retirement assets indirectly supports centralization of power which causes all sorts of negative downstream effects that directly hurt you all while giving you a smaller, less liquid return.
On the other hand, “conscious” investing with those same dollars supports decentralization of power while giving you a larger, more liquid return.
P.S.
By investing in retirement assets, you indirectly support companies you don’t believe in as many of them are in the funds that your money gets allocated too like Balenziaga (via Kerig) which publicly promotes child sex abuse via their marketing campaigns.
So whether you take a philosophical approach, moral approach, or pure greed approach, Bitcoin makes more sense than passive retirement fund’s.
