Thoreau Thursday 11: My Three Year BTC Anniversary
Striking at the root of evil...
Put yourself back three years ago to April 6th, 2020. It was a Monday… a full week after “15 days to flatten the curve” had been initially promised to end. Nonetheless, a new article titled “U.S. Is Nowhere Close to Reopening the Economy, Experts Say” was published that very day by the New York Times.
The Federal Reserve and Congress had teamed up to temporarily enable this ongoing tyrannical political insanity with even more insane economic long term suicide by combination of unprecedently extreme Keynesian monetary and fiscal policy.
Fortunately, I had discovered Ron Paul eight years prior during his 2012 Presidential campaign. Despite the best propaganda efforts of the professors as I got my Quantitative Economics undergraduate degree, I read enough Austrian Economics books and online resources to understand the real consequences of this fiat fiasco.
Despite my previous doubts about Bitcoin — for which I deserve full blame, as I blindly fell for some of the FUD about its intangibility and presumed vulnerability to government attacks, simply because of my own lazy ignorance before that point — on April 6th, I finally took the plunge down the rabbit hole.
I could write an entire book elaborating on the many related topics before and since this lifechanging moment… but for this short-form weekly blog post, it suffices to say this simple but profoundly true phrase: