As a retired boomer, my impressions of Bitcoin coincided with my transition away from the standard monetary system. It’s as if I used to be all of a sudden woke up, liberated from tyranny, and set on a brand new course in tune with current and future realities. Let me clarify. I used to be . . .
Woke up
. . . from the stupor of a lifetime of taking part within the monetary market that feeds on individuals like me and my hard-earned financial savings.
Liberated
. . . from the tyranny of the so-called knowledge of self-serving monetary specialists whose dictum is “Purchase and maintain.” / “You possibly can’t time the market.” / “Over time, the market goes up — see the graph of historic development?” / “In the event you money out and await the dangers to cross, you’ll miss the times with the best will increase.” Are these scare ways that monetary specialists use to maintain individuals invested in THEIR funds? Methinks so.
Merchants, brokers, and monetary advisors take wealthy salaries, work in lovely places of work in glass skyscrapers, earn revenue for shareholders, and pay dividends to the richest of the wealthy. That cash comes from someplace — from individuals such as you and me.
Disruption
Stepping away from that system, I needed to make investments time to be taught concerning the market. The best lesson is the historical past of how and why currencies are created and why as we speak’s dominant fiat forex, the U.S. greenback, is collapsing: years of quantum easing (printing cash) will increase the cash provide, which reduces…
