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.