Commentary: The new currency of the invisible hand: crypto and economic freedom

We can't be 100% sure, but we don't think central banks take mob violence into account in their economic models. Unfortunately, it's common. People are unhappy for many reasons.

Adam Smith was an early economist. His idea of ​​the invisible hand is popular, but has a deeper meaning in social structures than many realize.

Man is fundamentally free – but he does not understand that this is the case.

Social groups can create anything they want, and are largely limited by the resources they have access to. Energy also plays a role. Bitcoin and cryptocurrencies emerged and became popular at a unique time in history.

One could argue that the invisible hand created cryptocurrencies and its work is not finished yet.

We intend to take exactly this position!

It is a good sign that you can read this

The fight for freedom is nothing new.

People are constantly trying to exert power over each other. In fact, relatively free social structures are new. A few hundred years ago, our works would probably not have been allowed to be read – and the author would have been killed by a government long ago.

Today you can read our work for free from your smartphone almost anywhere in the world!

It's about the free flow of information. We live in a time where information can flow globally in a matter of seconds. Money is just data – but it is one of the most powerful types of data there is.

After a few years of bad economic policies, the world is in a bad state. People don't understand why everything is falling apart. All they know is that prices are high, it's hard to find work, and the political class doesn't care about them at all.

Taking matters into your own hands is a great idea – but it has to be constructive!

Value will defeat stupidity

Imagine there are two trains…

The first train can travel 100 miles in 5 seconds and the ride costs $1. You can take as much luggage as you want on the first train, no questions asked.

The second train takes 14 days to cover the same 100 miles and costs $450!

If you try to take luggage weighing more than 2 pounds on the second train, the police will investigate you and charge you with guilt (you will have to prove that the luggage is legal and belongs to you).

Which train would you use?

Right now, most people are on the second train. Decentralization gives you access to the first train, and with platforms like Tron, you can move massive amounts of value globally in minutes at negligible cost.

If you want to use the Western financial system (train number 2), get ready for some fun. The costs are many times higher. SWIFT is SLOW. There is no transparency. If you want to transfer more than a few thousand USD, get ready to be treated like a criminal.

No intelligent person would use the second move unless they absolutely had to. And that's exactly what the neo-feudal control class wants for the entire world. The control class wants you to use the second move forever.

You can’t negotiate with a tyrant

Positive changes for the masses cannot come from the system itself.

There will be no reform movement in banking. There is no help in sight. The Heavenly Father is not waiting for things to get bad to help his children – but the banking cartel wants you to remain complacent – and continue to use their junk technology.

When it comes to money, people are willing to endure tremendous pain. We just don't understand why people are money masochists. A recent example of this is the banknote demonetization in India in 2016.

In 2016, the Modi government eliminated a huge amount of paper money by decree – leaving potentially hundreds of millions of people in the lurch. People were left helpless as their cash savings on the streets became virtually worthless and they had to quickly deposit the notes in licensed banks.

The masses in India have simply accepted Modi's political decree – without thinking about where the power of money comes from. Banks and governments do not create the value that money contains and transfers – that is done by people as a whole.

Until the general population understands that they never own the value that money represents – even if they have paper money – they are at the mercy of a tyrannical system. When the money is digital, the situation is even worse. You have to prove that the value is yours and that the system is not on your side.

The situation in the centralized monetary system will not improve in the future – it will degenerate into absurdities of the worst kind.

The game with the loss value

Demolishing money was quite difficult back then. People who had money didn't trust their governments – so metal seemed like a good solution. Metal money can be debased, but that takes time and infrastructure.

Nowadays, it is easy to devalue money. Everyone is doing it. Think about it: the Argentine peso is losing value against the US dollar at an alarming rate!

Fiat money is a scam. Governments know it. Central banks know it too. But people on the street are lining up to be ripped off.

It should be abundantly clear that our economic system is destroying value on a global scale. This cannot last.

The crowds on the street have known for ten years that something is wrong. When the purchasing power of fiat currency drops and assets (for the 1%) become worthless (see commercial real estate), people are going to freak out.

Massive failure = opportunity

The invisible hand likes to shake markets awake. In the future, the invisible hand of the market may continue to take the form of angry mobs burning and looting failing cities.

Unfortunately, destroying a society does not contribute to its prosperity. The anger in the streets is understandable, but misplaced. Instead of turning into blind rage, the masses must understand the power of decentralization.

Today we have systems that allow us to interact with value from almost anywhere in the world. We no longer have to use the second train – the first is open to everyone.

The smart move today is to use legacy systems only when absolutely necessary and teach others how to use decentralized systems – like cryptocurrencies. Over time, people will realize that cryptocurrencies are better money.