I take into account myself a progressive individual as a result of I look around the globe and I see that it’s not simply, truthful, equitable, or peaceable. I’ve at all times regarded for methods to make the world higher, and I’ve at all times finished that from inside the methods I acknowledged as damaged. For many of my grownup life, I’ve anticipated the federal government (one instance of a damaged system) to make guidelines and legal guidelines that nudge the system nearer to justice, equity, fairness, and peace. Isn’t that the very best we will hope for?

One purpose why I encourage you to find out about Bitcoin is so you’ll be able to query the present system by means of one other lens. Studying extra about how and why Bitcoin works is just one half of the journey. Bitcoin additionally gives a possibility to look at the unexamined, examine the water round us, and ask powerful questions concerning the methods we now have at all times lived with. It presents the chance to ask questions we by no means actually ask. What’s cash? Who controls it and the way? Who ought to management it? Studying about Bitcoin empowers you to think about what issues is perhaps like if we change a construction we intuitively know is unjust however have by no means had the vocabulary to query earlier than.

The concept the financial system may sooner or later be all the best way mounted has by no means appeared like an actual chance. The concept the whole system might be changed—the water round us that we don’t discover—has by no means been a chance both. But whereas a lot of my liberal buddies are very adept at declaring systemic inequities, proposals for systemic change to switch the methods that trigger these unfairnesses are few and much between. Actually monetary and financial methods are methods that one doesn’t often look at, however a greater understanding of Bitcoin apparently provides you a greater understanding of the methods it seeks to switch, and why incremental change received’t essentially handle its unfairnesses. It additionally permits you to think about, maybe for the primary time, a world with out these inequities.

The world is managed by political, social, financial, and navy methods that each create and rely upon the hegemony of the USA greenback. Unfairness, inequity, and violence are woven into the material of those methods. They’re inexorable components of these methods, not simply unlucky externalities that exist on prime of in any other case wholesome constructions. To take only one instance, wealth inequality isn’t just an unlucky factor that occurs as a result of some grasping folks break the principles and get away with it. It’s a mandatory and built-in characteristic of a system that is dependent upon a hegemonic United States greenback being a world reserve asset (see Chapter 7). However now, for the primary time in human historical past, we now have a possible financial invention that would overhaul the system, not simply tweak it from inside to be slightly extra truthful.

In my expertise, the extra an individual is aware of concerning the legacy monetary system, the extra they dislike it. Henry Ford is credited, most definitely incorrectly, with having stated, “It’s effectively sufficient that folks of the nation don’t perceive our banking and financial system, for in the event that they did, I consider there can be a revolution earlier than tomorrow morning.”⁵ Bitcoin might be the nudge that will help you find out about our banking and financial system and begin a peaceable revolution.

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5: “The Fact Is Out: Cash Is Simply Created, and the Banks Are Rolling in It,” Underground Community, accessed November 29, 2022, https://underground.internet/cash/the-truth-is-out-and-the-banks-are-rolling-in-it/.