Control over money is Control over People

Origins of Bitcoin… and why it matters

It’s easy to get lost in the every changing speculative prices of Crypto. The allure of quick profits tempts us.
But, it can be a dangerous and costly drug.

We are so much more than channel—an ATM or voucher–to for to onboard or exit Crypto. Merely offering a channel runs against our philosophy.

The way we do that is through education that explores the fundamentals of this sector and dissuades you from making poor decisions.
​Unless you come to grips with what underpins Crypto, you might as well bet on the horses. We want to see a lot less gambling and a lot more investing in this sector–so please come along on this brief lesson to get us all on the same page.

Everyone is in Debt

You’re in debt. You’re in debt because your government is in debt. They’re going to extract their repayments from you through taxes and creating money out of thin air.No matter where you are in the world, these statements are true. And, being true, the smartest thing you can do is explore what’s going on. It may just be the clue to you avoiding the worst of the tough challenges ahead that face us all.
It may seem ludicrous that every country of the world is in debt–but it’s also a fact.
If we’re all debtors, then where are the creditors? Who has all the money they’ve loaned to us?
The answer lies in the way the system is constructed.

​Money — the creation of money — seems irrelevant to daily survival. We shrug and slavishly endure the ever-tumbling value of the Rands, Pula, Zim Dollars, Naira that our governments force on us. What option do we have? (Now there’s a challenge!)
How that money is created and what backs it, we just don’t have time or interest to understand. It seems so complicated. Many of us think it’s all underpinned by gold or… well… something. Spoiler alert: It’s not backed by anything more than government promises. Since we trust some governments more than others–the value of currencies, their buying power, varies widely. The fact is, there are few things with a bigger impact on our lives than grasping the facts about money creation and finding a way to mitigate the worst impacts of it.

In the ideal world, we’d hold US Dollars for their relative stability, then spend them into local currency when we have to.
Is that possible? Until now, no. But… Yep! First, let’s explore why your money is worth less every year until it is worthless.
They say the price changes are inflation–more demand chasing less goods. Scarcity. Really? When coveted goods or services are in short supply, like an auction, we bid the prices up. But, consider this. In 2020 and 2021, covid locked our world down. Business halted. There was less demand for oil, for restaurants, for flights, hotels, cars, etc.–yet prices rocketed and the stock market boomed. How? How did less demand led to higher prices? That’s daft.
Or, is it? What if there was more money pumped into the market? If every citizen is given a million dollars–does it mean we all can buy Ferraris? No. Because the price of Ferraris rocket in that devalued currency. There’s the clue. When you add more money into a system, the money becomes worth less. It becomes worthless.
American statistics are easy to get–and we now know that of every $100 in circulation today, $80 of them were created out of thin air since 2020. The currencies falling in value against the dollar are even worse–that’s why they’re falling in value! That’s right, 80% of all US Dollars that have existed since 1861 were created this decade.

Digest that a moment. There isn’t inflation. There isn’t more demand for less goods–it’s the unit of payment, the dollar (and other currencies) that has been debased.
What does debased mean? verb: debase; (to) reduce (something) in quality or value; degrade–lower the value of (coinage) by reducing the content of precious metal.”
Of course, most money isn’t coins or paper–it is electronic. It is database entries in bank ledgers.

Where do those dollars come from?
They come into existence according to a system called “Fractional Reserve Banking.” When you deposit, say, R1 000, you think the bank lends it out and makes their money on interest. They don’t. What you lend them never leaves their books–it entitles them to lend out a multiple of that amount on their books. For easy arithmetic, let’s pick a numbers.

You lend them R1 000. They lend out 10 x R1 000… R10 000 and charge 10% interest per year on it. 10% of R10 000 loaned out is R1 000 profit on the R1 000 you deposited with them. But that’s not the issue. The issue is they created R9 000 Rand out of thin air. They put R9 000 into the economy that is backed by absolutely nothing but the hope you don’t come draw yoru R1 000. It’s a Ponzi scheme that dilutes the value of your hard earned cash.

Please do research this yourself. You’ll hear a lot of complicated language about policies, yadah yadah–but it will boil down to inventing money out of thin air, and its impact is debased currency–a condition that robs your future. ​​​​There’s a book in this–a library of books. Witing an entire book out this way will do your eyes no good… but we can recommend an actual book (below). The point, though, there’s a very big problem in the world, and our commitment to you is finding a solution–and understanding why it’s a solution.