I want to share today’s clip from Jeff Booth, author of “The Price of Tomorrow” during an interview in the “What Bitcoin Did” Show.
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Our System is Based on Lies and Theft!
Our monetary system is based on a fundamental lie: that money has inherent value. In reality, money is simply a medium of exchange, a way for us to trade goods and services with one another. Its value comes from the trust that we as a society place in it, not from any intrinsic worth.
However, this trust is being abused by those who control the supply of money. Through the process of creating money out of thin air, banks and other financial institutions are able to extract wealth from the rest of society, essentially stealing from the many to benefit the few.
This is not just a theoretical problem. The 2008 financial crisis, which was caused in part by the reckless creation of money by banks, resulted in widespread economic suffering and highlighted the need for reform.
Furthermore, the concentration of wealth in the hands of a few has led to increasing income inequality, where the rich continue to get richer while the poor struggle to make ends meet. This is not only unfair, but it also undermines the stability of our society as a whole.
It is clear that our monetary system is in need of change. We must move away from a system that is based on lies and theft, and towards one that is transparent, fair, and sustainable. Only then can we ensure a better future for all.
Solution
One potential solution to the problems with our current monetary system is the use of a decentralized digital currency, such as Bitcoin.
Unlike traditional money, which is created and controlled by banks and other financial institutions, Bitcoin is a decentralized, peer-to-peer currency. This means that it is not subject to the same manipulations and abuses of power that plague our current system.
Furthermore, Bitcoin is not tied to any particular country or government, so it is not subject to the whims of politicians or the inherent instability of national currencies.
Of course, like any new technology, there are still challenges and uncertainties surrounding the use of Bitcoin. But its potential to provide a more transparent, fair, and stable financial system makes it worth exploring as a possible alternative to our current system, which is based on lies and theft.
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The Price of Tomorrow
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