The value proposition of #Bitcoin may take time for the masses to understand. To achieve this, they need to unlearn some entrenched beliefs they have about money. Bitcoin represents a paradigm shift in the way we think about money. When individuals dedicate more time to learning about Bitcoin, the less they will be influenced by mainstream narratives telling them what to think, what to believe and how to act.
The current economic system has made asset ownership unattainable or extremely difficult for the majority of people in modern society. Central bank interventions, such as increasing the money supply, leads to an increase in asset prices, as more dollars pursue the same amount of goods within the economy.
Privileged individuals, such as banks, large institutions, and high net worth individuals, have access to cheap money, and therefore tend to front-run the average salaried individual in purchasing assets, essentially buying at pre-inflation prices. This results in the average person being pushed out of the market as prices increase. This is known as the Cantillon effect.
On top of that, these assets are being used as savings vehicles to compensate for the erosion of purchasing power of the currency as a result of the expansion of the money supply. They are increasingly overpriced given the monetary premium being attributed to them. If money was not broken, people would be less likely to take on risk in an attempt to maintain the value of their hard work into the future.
Essentially, our current system perpetually privileges the wealthy, while consistently placing the average person at a disadvantage. What's more troubling is that most individuals are unaware of this reality.
#Bitcoin fixes this.
