Bitcoin is money. Fiat is fiction. The overwhelming majority of people disagrees. They’re wrong.

I’ve had countless conversations over the past eight years about the superiority of Bitcoin as money. And an equal number about the melting ice cube that is government-issued money: fiat. Most people believe that if the government “backs” it, it must be better. This is an inversion of truth.

The government debases our money with “target inflation” (read: money printing) and profligate spending each and every year. Our purchasing power is reduced, our savings destroyed. But because we’ve been fed lies about inflation, consumer spending, and the healing power of GDP growth for so long, most people can’t see the truth.

Truth is the inevitable end of fiat money and its replacement by Bitcoin. Recognizing it requires taking “the orange pill.” Like most medicine, it’s bitter. But it undeniably beats dying from the disease.