The fiat system consists entirely of…

The fiat system consists entirely of IOUs stacked on top of more IOUs, with the little guy owning nothing and being happy with his imaginary paper wealth. It's no surprise that big money is coming for #Bitcoin, one of the very few assets you truly own yourself if you store it properly. Thus, Not your keys, not your coins are more important than ever!

Don‘t believe me? I highly recommend to read this book „The Great Taking“ (Free download: https://img1.wsimg.com/blobby/go/1ee786fb-3c78-4903-9701-d614892d09d6/taking-ebook-c044a5e.pdf)

It is about the taking of collateral (all of it), the end game of the current globally synchronous debt accumulation super cycle. This scheme is being executed by long-planned, intelligent design, the audacity and scope of which is difficult for the mind to encompass. Included are all financial assets and bank deposits, all stocks and bonds; and hence, all underlying property of all public corporations, including all inventories, plant and equipment; land, mineral deposits, inventions and intellectual property. Privately owned personal and real property financed with any amount of debt will likewise be taken, as will the assets of privately owned businesses which have been financed with debt.

Carl B Menger

Carl B Menger

Bitcoin Chief Hodler Subscribe: https://carlbmenger.substack.com/