I’m grateful for Bitcoin. It challenged and continues to challenge conventional wisdom. Conventional wisdom often seems like “mindless ideas traded between the conventionally wise.”*
Bitcoin represents hope for the world and for the future. It emerged onto the scene in the wake of financial chaos caused by the central planners, at least in part. I have been watching the U.S. Debt Clock since 2000.
I was taught how to think about whole-of-government solutions and Instruments of Power as a U.S. military officer. One of the things we talked about in the academic environment was the debt as a national security issue.
The little I know about money, economies, world-reserve currencies, changing world orders, big governments, and the “great game,” tell me that we must challenge conventional wisdom.
*John Kenneth Galbraith coined the term, “conventional wisdom”. He described it as: “Beliefs that are at any time assiduously, solemnly, and mindlessly traded between the conventionally wise.”