“Money, get away, get a good job with more pay and you’re O.K.”
Pink Floyd’s iconic tune is the perfect zeitgeist for how modern society views Money and our superficial understanding of its origin and purpose.
What is the purpose of money? What effect does it have on our lives and what should its broader role in society be? Is it gold or paper or can it be something else?
Bitcoin has reawakened all these enquiries and more.
Who creates money and sets interest rates? What determines value?
Should we even bother asking these questions or are we just supposed to get a good job with more pay and you’re O.K. ?
“Don’t give me that do goody good bullshit, I’m in the high-fidelity first-class traveling set, and I think I need a Learjet”
Is philanthropy the best use of one’s profits or should we appease our materialistic desires? Who gets to judge how we utilize capital and what we spend profits on?
“Money, it’s a crime, share it fairly but don’t take a slice of my pie”
Central bank money, once you get to understand it, it’s a crime. An overly elaborate pyramid designed to entrench people in a financial feudal system. All the while we are perennially distracted with arguments over the semantics of Capitalism versus Socialism, neither of which can be legitimately implemented by a human government. Humans are incapable of centrally planning complex systems. We see this error in politics, war, in our economies, in nature, and even with love and relationships.
Knowing this, should the money we use be owned and controlled by a central bank? Or can it emerge spontaneously? Is it possible to decentralize the control of money in some sly roundabout way?
“Money, so they say, is the root of all evil today, but if you ask for a rise it’s no surprise that they’re giving none away”
I used to believe that money had a kind of evil about it. Post-bitcoin, I have come to understand that money is neutral and essential in a functioning society. In much the same manner that a hammer is neither good nor evil, but it can still be used to knock someone’s head in, money can be used for noble or evil ends.
Weak money which can be distorted, manipulated and easily inflated, tends to produce more evil by enabling malinvestment. Hard money demands smart investments, efficient allocation of resources and greater general prosperity.
A recurring theme in much of Pink Floyd’s music was madness. Individually and collectively we must recognise instances of madness in our lives, before we can hope to correct the problem. Fiat currency is madness. Bitcoin is our cure.
Take the pill. Buy Bitcoin & stack sats!
“Using words you will find are strange, mesmerized as they light the flame, feel the new wind of change, on the wings of the night“
No more turning away, feel the new wind of change, it’s time for all of us to become bitcoiners.