The Simplest Bitcoin Book Ever Written
CYCLES
In all of nature, there are cycles, natural ebbs and flows,
expansions and contractions.
This contributes to an overall, over-time, balance and
sustainability of the whole interconnected system, of all life
on earth.
The debt-based, fiat currency system ignores the wisdom of
natural cycles, and instead is based on, and 100% reliant for
its survival upon, unparalleled and unmitigated growth, in
order to continue servicing its debts.
In nature, this is cancer.
In 'the economy', this unnatural trajectory is further supported
by the government bailing out failing banks and large companies,
rather than allowing them to fold, and be recycled into
something new, something healthier.
The short-sightedness of bailing out failing companies is
putting the whole economy at risk.
In essence, it is just kicking the can down the road, and the
inevitable turmoil that lies ahead is likely to be far, far more
intense than if natural cycles were allowed to play out.
We are indebted to
Satoshi Nakamoto, and to the cypherpunks before and after him,
for having the vision, foresight, determination and skill to
provide a lifeboat to carry us to new shores.