What is the problem Bitcoin solves?
Inflation means an increase, which applied to money reduces the value of said money since more of it is now in circulation.
The reason prices rise every year? Inflation.
The reason the stock market and real estate are at all-time highs even through 2020 lockdowns? Asset inflation.
The reason every restaurant you go to is charging 15-25% more than six months ago? Inflation.
We have inflation because the US dollar (and all government-issued currencies) are backed by nothing. They are printed out of thin air.
And as more money is added to the circulation every year, prices rise because there are more dollars chasing fewer goods and services.
Do you know who benefits the most from inflation?
Asset owners. The rich, especially the mega-wealth.
Do you know who is hurt the most from inflation?
The poor and middle class.
Because the poor and middle class use these currencies to survive—they make up their savings and earnings from labor.
So every single dollar created means that the little bit of fiat currency they have now buys less, and they now earn less.
They become poorer with every dollar issued.
So do you and I.
The greatest divide of wealth in the history of the world has taken place during the last 50 years ever since Nixon took the US off the gold standard in 1971.
What's insane about this is how few people understand this Ponzi scheme happening in broad daylight.
Yet the masses will blame the rich for the inequality, particularly billionaires with public brands like Jeff Bezos or Elon Musk.
But that's complete nonsense for multiple reasons.
The elite to blame is those controlling the money supply. They and their cronies are the real benefactors of this blatant fraud. These are the actual rulers of the masses, and they gladly serve up identity politic nonsense to keep the average citizen distracted from what's really going on.
What gets me the most about this is how few good people will be prepared when the house of cards comes tumbling down.
Few will own Bitcoin early on, so they will get in later with everyone else and when their wealth is likely to be already decimated.
That kills me.