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When The Money Breaks

War is often about resources. Beneath that is the money. Fiat can be printed, diluted, and used to buy power until it is no longer a medium of exchange for real things — and then the drums start.

· Steven Rupp

Original wording

War typically arises for certain reasons. Sometimes ideology. Sometimes bad leaders — greed, envy, or any of the other seven deadly sins. Most of the time, it is resources: wasted, mismanaged, or miscalculated.

Beneath the resource problem is the root of the problem. The money. Fiat.

Money is the medium of exchange that facilitates the trade of resources. Resources cannot be diluted. A gallon of gas is a gallon of gas. You can weaken it, technically, but you will know what you get.

If you control the money printer, it is sleight of hand: print, and acquire resources. You dilute the money because you added more to the pool of dollars. That is inflation.

After enough printing, the money becomes worthless and no one wants it. It is no longer a good medium of exchange for real things. Hence bonds being sold by other nations. Bad leaders abuse the printer. They make their citizens poorer. They pay off their surrogates. They pay off those who do their bad deeds. They buy power from citizens by printing and giving out supposed free money for votes.

This kind of system only works for so long, then it runs out of steam. There is a reason your mother said money doesn’t grow on trees. She was right. I would add: good money doesn’t grow on trees.

Many empires have taken this path — typically drunk on the power trip — and left the people with nothing: broken, hungry, and sick. When the barrel dries up, they clamor for more power to unravel wicked plans. The propaganda machine spins up.

The drums of war sound. War to steal resources. War to redo the global ledger of debt.

Guess who loses.

The people. They are the ones sent to the front lines — the meat grinder. Every life lost is one less obligation. They are leaning up their human balance sheet and attempting to add resources in the same move. It is evil.

How do we fix it?

Accountability. Be informed. Educate yourself with good sources. Speak out against them and their evil. Your voice is powerful if you use it. Government answers to its people. It should fear its people — as our Founding Fathers noted — because the power it wields is derived from the people.

Fix the money. We are living in an interesting time. Never before have we had a solution to the Byzantine Generals Problem: a way to find consensus without leading with trust in a centralized power to keep track of, and issue, money. You can see how that is going today, and how it has worked for empires of the past.

Bitcoin fixes this. Bitcoin is the innovation that solves the Byzantine Generals Problem. Research it. Real research — not a couple of hours. Much more.

We are at an inflection point. The age of AI and the age of blockchain. We can have prosperity.

But the powerful are drunk on power. They also know things cannot be fabricated in this new possible age. The days of talking would be over. The days of undiluted labor, results, and work would be the way. Your wealth would be your wealth, and it could not be stolen in sneaky ways like inflation.

The Bitcoin blockchain cannot be easily manipulated. As Elon Musk famously said, even the most powerful AI cannot hack bitcoin. It is globally published and available for all to see — from the issuance of new bitcoin to individual transactions. Imagine being able to see how each unit is spent when it comes to the taxes you pay.

So there you have it. War, or the pursuit of prosperity?

Awake from the bad dreams of the past couple of years. It is time to be enlightened, humanity. It is time for peace and common sense. We owe it to the generations after us.

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