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Can the Black Swan Threaten the White Swan? 

Our world is in turmoil.

Everything from high cost of living, higher taxes, the ever looming threat of the next “pandemic”, shrinkflation, cyber attacks to increasing unemployment is plaguing the global economy with no end in sight. Central planners and the usual TV talking heads disguised as “experts” grace our screens everyday with seemingly concerned faces and the occasional plastic smile in a vain attempt to reassure their citizens that they have everything under control. The truth of the matter is that the opposite is true. The central planners and their mainstream media lapdogs are the problem and deception is their weapon of choice in their ultimate quest to enslave every man, woman and child on the planet. The fate of the middle class is shrouded in uncertainty, as society is being reoriented to make it more collectivist as the central planners, in more ways than one, remind their subjects that “they’ll own nothing and be happy”. 

Thankfully, unlike in decades past, we now have Bitcoin.

Since 1971 every currency in the world became a piece of irredeemable paper, that gradually lost value, while the central bankers used Fedspeak and other forms of sleight of hand to gradually dull the populace into accepting a state of affairs where they gradually became poorer, slowly. That all changed on January 3 2009 when Bitcoin was released and it became a bulwark against indirect taxation through inflation.

In fact, Bitcoin is the solution to inflation because it’s the foundation of a new financial system based on a deflationary form of money with a finite supply, thus rendering time-theft by central planners an impossibility. Most Bitcoin hodlers fundamentally understand this and as such, have embraced Bitcoin with the intention of safeguarding the future from the Malthusians that are hell bent on centralizing all the wealth in their hands. 

The Malthusians are hell bent on not just maintaining their grip on power but on ensuring that no one gets to be free from their tyrannical system of control; whose power is anchored by their control of the financial system through central banks. However history has shown that powerful forces can’t suppress freedom, and the central planners’ fate will be no different. The hodlers will indeed inherit the earth. 

This drawing, Hodler:Safeguarding the future, a contemporary masterpiece by artist Florencia Montoya Salvadores, is a poignant allegory that embodies Bitcoin hodlers as the swan protecting the future from impending threats to freedom, economic and otherwise, engulfing our world today.

Inspired by Jan Asselijin’s painting titled “The Threatened Swan”, this drawing provides an artistic lens that accurately depicts the complexities of the impending sovereign debt crisis, the potential impacts of Central Bank Digital Currencies (CBDCs), the consequences of Zero Interest Rate Policies (ZIRP) and the resulting monetary expansion, and the intolerant minority of Bitcoin hodlers who are fiercely protecting their future from these destructive forces.

The Sovereign Debt Quagmire

The United States, with its staggering $34 trillion national debt, stands on the precipice of a potential financial abyss. This colossal debt, a byproduct of years of fiscal indiscipline, signals the brewing of a sovereign debt bubble that threatens not just the US but the global economy at large. Even more so when one considers that US treasuries are the global reserve asset that anchors the global economy. The looming debt spiral poses a grave threat, potentially entrapping the government in a perpetual cycle of borrowing solely to manage existing debt; inching the government closer to default. The fragility of this financial foundation is a clear warning of how the financial future of generations to come could potentially be wiped out when this unravels.

The CBDC Conundrum: A Threat to Freedom and Financial Privacy

In the digital era, the advent of Central Bank Digital Currencies (CBDCs) represents the dawn of a new chapter in dystopian monetary policy. With over 90% of the world’s central banks currently experimenting with CBDCs, a digital currency arms race is definitely underway; the road to digital serfdom is now under construction. Stablecoins have proven to be proof of concept for a private sector variant of CBDCs, with companies like Circle, which issues the USDC stablecoin, making a case to the Fed of how their stablecoin already functions like a CBDC. 

Stablecoins, issued by private entities such as Circle (a company behind the “USDC” stablecoin), are the private sector’s implementation of CBDCs. Circle has even gone so far as to present arguments to the Federal Reserve (Fed), highlighting the similarities between USDC and CBDCs in terms of their functionality.

CBDCs are designed to enable unprecedented levels of surveillance and control over financial transactions, eroding the foundational principles of autonomy and privacy for individuals while further empowering the central planners. 

ZIRP and the Perpetual Money Printing Dilemma: Robbing Future Generations

The legacy of Zero Interest Rate Policies (ZIRP) and the relentless money printing escapades, especially pronounced since the 2008 financial crisis and exacerbated during the COVID-19 pandemic, have orchestrated a silent devastation of the global economy. These measures, initially intended as lifelines, have morphed into systemic maladies that distort financial markets, inflate asset bubbles, and undermine the very essence of saving and investment. The relentless dilution of currency value and the erosion of purchasing power signify a grim theft of prospects from future generations, who are bequeathed an economy fraught with instability and diminished opportunities.

Bitcoin: The Bedrock of a New Economic Paradigm

Drawing inspiration from Parker Lewis’s essay “Bitcoin is not a hedge,” it becomes abundantly clear that Bitcoin is not merely an antidote to inflationary fiat currencies but is the foundation of an emergent parallel financial system. Bitcoin’s intrinsic properties—decentralization, scarcity, and security—furnish the blueprint for a new monetary order unshackled from the whims of policy-induced economic cycles. In short, Bitcoin is an exit out of the destructive central bank controlled, fiat system. 

Bitcoin hodlers, by virtue of securing their private keys and running their own nodes, are not merely passive participants of this new financial system. In holding their own private keys, they assert sovereignty over their money and financial future, defying the traditional third party custodial models that have, time and again, proven fallible. By running their own nodes, they contribute to the fortification of the Bitcoin network, ensuring its integrity, decentralization, and censorship resistance. Taken together, these unique attributes of the Bitcoin network enable hodlers to be defenders of their future and teleport their financial fortunes into the hands of the future generations. Despite the continuous attacks from the mainstream media and their backers, Bitcoin has enabled hodlers to create a new future, one where financial autonomy and stability are restored and revered.

In conclusion this drawing reminds us of the tumultuous economic times we are living in, while simultaneously inspiring each hodler to remain vigilant and resilient against every arrow the central planners will direct their way. The future belongs to the hodlers.

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Lightning wallet: muggyarch11@walletofsatoshi.com

Twitter: @kudzaikutukwa

Blog: https://kudzai.substack.com/

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