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Alison Cipriani's avatar

Thank you so much for distilling our dysfunctional society so succinctly. I have read hundreds of essays which have dissected the various topics but it's wonderful to see it all pulled together. Certainly deserves to be forwarded to everyone I know.

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Fadi Lama's avatar

Fascinating... as usual.

One comment though: "Every bitcoin is a rebellion against their money system."

Is it?

- $4.0 Trillion: Total value of cryptocurrencies https://coinmarketcap.com/

- $3.5 Trillion: Total official central bank gold reserves

https://tradingeconomics.com/country-list/gold-reserves & https://goldprice.org/

As increasing de-dollarization threatens the USD and consequently the whole global fiat currency construct, crypto currencies play a major role in supporting the USD by:

1. Creating a demand for USD to buy crypto currencies.

2. Diverting funds away from the real threat to fiat currencies, namely real money, gold and silver.

Can you imagine impact on fiat currencies if say 50% of crypto demand was oriented to gold?

As such crypto currencies are a formidable line of defense of the fiat currency construct

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