What is the single most important thing studying money has taught me?
That there’s actually a root-level solution to this massively corrupt system we live in.
The level of corruption present in the world right now is off the charts, and it’s getting worse, constantly.
I see it every single day. Wherever I am, wherever I’m traveling to, grocery stores, airports, restaurants. Online. I see it everywhere. I see, physically, people wearing the energy of fiat.
To see this level of corruption and disease everywhere… it’s sickening.
But to actually see, one, what the root-cause of it is, which is the money, which is the only good woven into all other goods, which is causing these perverse incentives, which is causing war and inflation and financial groups to buy up shelter as an investment and make literally a fundamental need of humanity more difficult to afford...
To see that, but to also see and understand the root-level solution to it…
That’s why Bitcoiners are some of the most avid, passionate, and strongly-convicted groups of people in the world.
Because they’ve seen the vastness of the problem and the vastness of the solution.
And it’s like, “Holy shit. I’m down with that over here, and I’m not down with that over there.” That’s certainly been the case for me.
I said the single most important financial decision you’ll ever make is the money you use.
Likewise, the single most important financial decision humanity will ever make is the money we use.
Right now, we’re deciding mostly from a place of a lack of awareness.
We’re deciding to use the U.S. dollar, and, as a result, we’re experiencing the consequences, which is what nature does. You do something and nature teaches you what happens through the lesson of consequence. We’ve reaped the consequences of choosing the U.S. Dollar.
But when you really get down into it, you realize that humanity never really chose to use the U.S. dollar or fiat currencies.
There was never a vote held for President Nixon to remove the dollar from the gold standard in 1971. The people never had a say. People never had a choice as to whether or not the Federal Reserve was created in 1913.
It was never up to the people. It was never a decision that was left to us.
It was imposed upon the people. And that’s exactly what fiat translates to: by decree.
We’re living in a system of decree imposed upon the people.
What’s happening now is we actually have the opportunity to decide what money we’re using.
That is the most important financial decision you will ever make.
It is the most important financial decision we will ever make.
Because that’s the singular thing that shapes our experience with money the most. The actual form of money that we’re using.
Now that we’re gaining awareness of the fiat system — and we not only have awareness of the solution, we have the solution, — we have the ability to shift into the solution.
We now have the opportunity to make the decision that’s right in front of us, right now.
We have the opportunity to shape our experience with money and align with financial freedom by moving away from a system that’s not aligned with financial freedom and moving to a system that is aligned with financial freedom. Why would humanity not want that?
Spoiler alert: humanity does want that.
You’re living through the realization.
This is the seventh and final part in my series “I Studied Money for 10,000 Hours, Here’s What Actually Matters”
Part one is here
Part two here
Part three here
Part four here
Part five here
Part six here
Thank you for the excellent series about what money is and can be.