I’ve written a few things about why bitcoin is the solution to many problems. 

Here for What problem does Bitcoin solve part 1 and here for what problem does bitcoin solve part 2 and here for “Why Bitcoin?“

I wanted to share a few quotes from history to highlight that the control and debasement of money by governments has been an issue for a long time. The faster everyone understands this the faster we can all get on the bitcoin standard for value preservation. 

I explain here why we should support the bitcoin experiment. It solves the problem. If it ends up failing for some reason in the future, we need to recreate Bitcoin and address whatever issue made it fail because we need a currency that can’t be debased by governments. 

The Idea of Bitcoin Needs to Succeed, Even if Bitcoin Fails

“It is utterly clear to me that the highest priority need of world society at the present moment is a realistic economic accounting system which will rectify, for instance, such nonsense as the fact that a top toolmaker in India, the highest paid of all craftsman, gets only as much per month for his work in India as he could earn per day for the same work if he were employed in Detroit, Michigan.  – Page 112 Operating Manual For Spaceship Earth, Buckminster Fuller

F.A. Hayek in 1984: “I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can’t stop.”

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

― Henry Ford

Ford, who founded Ford Motor Company in 1903, told the publication:

“Under the energy currency system the standard would be a certain amount of energy exerted for one hour that would be equal to one dollar. It’s simply a case of thinking and calculating in terms different from those laid down to us by the international banking group to which we have grown so accustomed that we think there is no other desirable standard.”