Building On Truth

The impact this will have on the environment is almost unfathomable. Wasteful spending and consumption will go down dramatically. Misallocation of capital will be reduced and buildings and symbols of status will once again be looked upon as pieces of refined art.

The brutalistic headquarters of the inflationists will be transformed into apartment blocks, while modern art and architecture will be valued for their function and beauty, not for their provocative nature.

Food will cease to be poisoned and degraded, and people’s health will improve. People will be more cognizant of how they spend their time and money. Mind-numbing entertainment and political games will lose much of their allure.

Wasteful use of power will be discouraged, and everything will be optimized for perfection. No stone will be left unturned in search of purity and knowledge.

I could go on and on with examples of what this new technology of sound money could bring to fore, but the main idea is to highlight what the power of truth can do to society.

People have a hard time understanding big numbers and exponential functions. Billions, trillions and quadrillions does not register for what they really are; results of exponential growth. Hyperinflation and collapse is inevitable in a system based on these dilutions.

Bitcoin, with its 21 million hard cap, makes money and value easy to understand. Fraud and rehypothecation will become clear for all to see, and excess use of leverage will be destined for disaster.