Gold has been around for thousands of years and has been valued as a store of value since the beginning of recorded history, and for a good reason. It is hard to produce; it is a highly dense metal and one of the few elements found in its native state.
It's a metal that has been fought over for thousands of years and used in commerce because of the properties listed above. Gold was adopted because buyers and sellers wanted a medium of exchange that was valuable to both parties. Would you invest your hard work and time developing a product if you knew what you were getting in return would decline rapidly in value? Nobody would, as it goes against common sense. Having a medium of exchange that is mutually beneficial enables commerce to happen, wealth to grow, and for nation states to become more powerful over time.
When this mutually beneficial principle is violated, you see economies and societies start to decline. With the advent of government-mandated currency, the government told you that you could only buy and sell in a currency the national government created.
This "fiat" currency isn't backed by gold, silver, or anything of value. It is backed by absolutely nothing other than the word of the government. This means you have to trust the government won't debase the currency over time, but this never happens.
The temptation to print more money out of thin air is too much for any politician. They benefit too much from it. Think about it for a second. They can create money out of thin air, give it to their constituents to buy votes, and buy off industries that provide them with cash for their campaigns. You see, they have incentives to do this because it benefits them. Here is the kicker, they don't have to deal with the consequences until decades down the road when they will likely be dead or too old to care.
We can see the evidence of this vicious cycle right before our eyes. The national debt is $30 trillion and counting. This results from countless politicians kicking the can down the road and passing the hot potato to the next person. Since we have gone off the gold standard, every president and member of Congress has let the country down. They lacked the fortitude to do what was right before it was too late.
The country has reached the end of the fiat currency road. The only way this end is with the dollar devaluing to nothing. The dollar has lost close to 95 percent of its value since the creation of the Federal Reserve in 1913. Did you know that the purchasing power of $1 back in 1913 had the same purchasing power as $26 in 2020? Crazy right?
In 2022, it is likely much worse, with CPI hitting a 40-year high of 7.5 percent. This means the dollars in your bank account are worth 7.5 percent less than last year. How does that make you feel? Mad? Are you mad as hell and are not going to take it anymore? What can you do about this? There is a simple answer to this. That answer is Bitcoin.
Bitcoin was mined on January 3, 2009, and was the day the world changed forever. With the creation of Bitcoin, people had the option to be released from the fiat prisons created by spendthrift governments that don't care about the health and well-being of the people they were meant to serve.
The beauty of Bitcoin is you have to choose to adopt it. No one is going to force you to buy it or hold it. This is what free choice is all about. If you don't want to own Bitcoin, that is fine; know the dollars you have in your checking account will continue to be worth less and less as the years go by.
For those who chose Bitcoin, you can rest easier knowing your money is safe from confiscation, your voice is uncensorable, and it won't be devalued by inflation. Your wealth will increase the longer you hold on to it.
This should be an eye-opener if you have been watching what has been happening in Canada over the last couple of weeks. The Canadian government has become tyrannical and has frozen funds donated to the protest movement by hard-working Canadians who want their lives back.
They are tired of the lockdowns. They are tired of the mask and don't want to be forced to take a shot they don't want in their bodies. They are not saying no one should take them; they are simply saying it should be a CHOICE. These are reasonable demands, yet the Canadian government treats them like terrorists. This is out of control and should not be happening in the western world, yet here we are.
The Canadian government's actions are something you would expect from a dictatorship. This is what happens when they have control of the money. They think they can control you. Bitcoin takes that power away by taking away the ability to print money and grow the size of government.
Bitcoin can't be stopped or controlled by a central government. Bitcoin donations to the truckers have been pouring in from around the world. The Canadian government is powerless to stop it!
Gold can't do what Bitcoin can do in this digital age. Gold has served its purpose and did it well for thousands of years, but now it is time for Bitcoin to pick up where gold left off! Join the revolution and buy bitcoin today! If you need help, I am here to help you start your Bitcoin journey!
If you found value in my content, please consider contributing to keeping this blog going! Any amount is greatly appreciated!
Tip With Bitcoin: bc1qjc8nl5lvz7wdp80xk8w5tnqyqj2kez58len72y