As the U.S Dollar hegemony starts to fail, these competing powers will show their cards, battling it out to secure their

After snubbing the inherent benefits of crypto for years, elites worldwide have responded to crypto’s historic rise. In October 2018, the Maltese government declared that digital currencies were the future and that they would become the first nation to adopt this new paradigm. More recently, in November 2020, ECB Chief, Christine Lagarde, said in a tweet, “We’ve started exploring the possibility of launching a digital euro,” inaugurating the European elites’ attempt to gain power through digital means. Plus, the Chinese government issued 10 million yuan of digital currency to 50,000 random citizens who willingly signed up.

These monetary dislocations have impacted several areas of our society. Consumer health relies on heavily inflated asset prices, not the health of the real economy. With price stability dissipating, rampant inflation has lifted consumer prices, lowering our standard of living. As we lose 2% of our purchasing power leaving our money in the bank, we must throw our savings into an overvalued stock market fueled by speculation and greed — not a booming economy that we desperately need. Since we have to work 300% harder to buy the same stock, we’re always busy, tired, and broke. We take shortcuts, bolstering the disastrous American diet. Our lust for fast food has created a simultaneous mental health and obesity crisis.

Right now in the 21st century, as the stock market climbs to all-time highs, as the Wall Street machine peddles the “stonks only go up” narrative, as the departing Trump camp celebrates DOW 30,000, the financial rot continues to build under the surface. We’re getting to the stage where we can’t ignore the impending “great reset” any longer, the great unwind we must face to purge deformities from the system.

Yet, after all this, society has yet to lose total faith in the system. The 21st-century elites will go down as the greatest perception managers of the modern age. Deep down, however, they — and we — know this system cannot last. No power has suspended gravity forever, and mother nature will make no exceptions for modern-day technocrats. This abomination of a system will eventually meet its demise, but as it benefits the elites, they will try everything in their power to keep it alive. Recognizing the U.S. financial hegemony is under threat, they have started to devise a Plan B to maintain power when the old system reaches breaking point: An Orwellian crypto-based monetary system.

No, of course we’ll never get there. Climate, poverty, disease, and famine don’t respect the “guardian boundary” play space defined by the Oculus VR’s user preferences. Just as the billionaires can never, ever truly leave humanity behind, none of us can climb back into the womb. When times are hard, sure, take what peace and comfort you can afford. Use whatever tech you can get your hands on to make your kid’s online education work a bit better. Enjoy the glut of streaming media left over from the heyday of the Netflix-Amazon-HBO wars.

These communities, however, are in for a shock. The system that took Satoshi Nakamoto a decade to perfect will not only fail to upheave the financially repressive system but will help the elites create a new system even more tyrannical than the last, placing more power and control in their hands.

Looking back at history, it’s no surprise that today’s economic system produces a vast array of hardships, injustices, and inequalities. Century after century, dictators, bureaucrats, even convicted murderers, have commandeered the financial system, abolishing sound money principles to siphon off wealth for themselves. But no matter what empire, state, or nation the elites have come to rule over, each time, they lay the foundations for an inevitable collapse, corrupting the value of money, and destroying the currency they have bent to their will.

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s against taking investor money. But the world was still recovering from the dot-com burst, and VCs weren’t exactly eager to throw money at internet companies. Many were wary of the SaaS freemium model — which was novel at the time. Most investors Ben had met argued that MailChimp should go after enterprises — because that’s where the big bucks are — and not small businesses.

In the last half-decade, we’ve witnessed the rise of a modern technocracy, where the elites have battled against the hidden forces of economic gravity to cling to power and wealth. By doing so, they created the greatest wealth transfer in history, but they have also destroyed 97% of the U.S. dollar’s purchasing power, producing a vast array of societal and economic defects, deficits, and delusions that will take generations to unwind. This, of course, has set us on a path toward economic ruin, and the inevitable death of the U.S. Dollar. It’s a question of when not if.

I’m looking forward to improving my portfolio, and all the websites and apps I would be building as I progress in the coming months. I would be posting my progress here from time to time.

But don’t let this passing — yes, passing — crisis fool you into buying technology’s false promise of escaping from humanity to play video games alone in perpetuity. Our Covid-19 isolation is giving us a rare opportunity to see where this road takes us and to choose to use our technologies to take a very different one.

But don’t let this passing — yes, passing — crisis fool you into buying technology’s false promise of escaping from humanity to play video games alone in perpetuity. Our Covid-19 isolation is giving us a rare opportunity to see where this road takes us and to choose to use our technologies to take a very different one.

It was after Nixon pulled off the greatest illusion in monetary history, ending the gold standard, and forcing the world to embrace a fully-fledged fiat currency system, that financial order descended into chaos. Slowly, over time, income inequality has skyrocketed, currency and banking crises have emerged at a Napoleonic pace, and public debt has almost exceeded War World II levels.

The 1971 Nixon Shock was the beginning of the end for shared American prosperity. Although disparities and inequalities still existed on the gold standard, they were nothing compared to what we have today. The U.S. dollar’s gold backing offered unrivaled stability. Productivity rose alongside wages, inflation remained stable, and, despite the Federal Reserve destroying 2% of the Greenback’s purchasing power each year, citizens enjoyed the simple luxury of earning a positive yield on their savings.

The rise of blockchain technology has revolutionized how we think about money in the 21st-century. It’s the first time in history where money can be transferred peer to peer without passing through a central authority, the first decentralized network to enable the financially savvy, from hardcore Cypherpunks to GenZ libertarians, to break free from the tyrannical forces of the modern financial system.