*All images in this article are from Hayao Myazaki’s “The Castle Of Cagliostro.”
The lowering of a fiat curtain sealed off all connections to a hard money standard and our global economy has sunk knee-deep into a bog of fiscal uncertainty, mooched by money-sucking mosquitos à la fractional reserve banking, whipped by the winds of politically fueled monetary policies, and a populace’s perspective clouded by the indoctrination into an inflationary ideology. Unsound monies are defenseless against the gaming of its production and purchasing power, making the utilization of an unsound money prone to the personal goals of megalomaniacs. The antagonist in “The Castle of Cagliostro” enslaves the world’s economy through the flaws of fiat as an unsound money.
“… these monetary institutions have not come into existence out of any economic necessity. They have been created because they allow an alliance of politicians and bankers to enrich themselves at the expense of all other strata of society.” — Hülsmann Jörg Guido (“The Ethics of Money Production”, p. 239)
Bitcoin provides an exceptional alternative to the insurmountably and disgustingly corrupt fiat system. A system that is free from self-motivated and centralized entities enables greater individual future certainty than any monetary policy tweaking could hope to accomplish. While FUDers have yet to connect the dots between bitcoin and individual sovereignty, these same people are largely cognizant of the widespread politician pocket-lining innate to traditional monetary institutions. These people will initially blame voters who brought the corrupt politicians to power, but regardless of who voted them into office this isn’t why politicians are synonymous with corruption. Then, these people look to blame the greedy bankers encouraged by capitalism and the free market who are lobbying for self-interested goals, yet this still isn’t the reason as to why politicians are susceptible to corruption regardless
