brandon_gentile on Nostr: Would you trust your bank with your life? Would you trust your insurance co. with ...

Would you trust your bank with your life?
Would you trust your insurance co. with your life?
Would you trust your credit union with your life?
Would you trust your broker with your life?
Would you trust your brokerage acct with your life?

Are you putting your life in someone else’s hands?

When we work our time and energy is traded away in return for something we hope is an asset, equally finite to our finite time.

Money is a finite container for our finite time and energy.

Currency is infinite from government with an inflationary hole in the container spilling out our life (time and energy).

Majority of people accept currency (infinite) for their time (finite).

Most put their savings (time and energy), if they have any leftover, in to a bank or credit union.

They are literally trusting the bank or credit union with their life.

Many have asked if there is another answer to keeping your life in banks or brokerage accounts or with mutual 3rd parties.

Where do I go to get away from inflation?

Is my cash safe?

Will I have enough for retirement?

Will there be any left?

Great questions, all of them hinge on what kind of government you have and who is in power.

What are you letting them get away with?

Are they following the rule of law, the Constitution, natural law, does anyone care?

Acta Non Verba. Deeds not words.

Politicians campaign on intentions and results are often devoid from the promises.

America used to be a “nation of rules” and we have become a “nation of men” instead.

Whoever gets in to power changes the rules as they see fit.

History has shown us, this will end poorly.

FDIC is bust

You can have the “greatest” bank, insurance company, or brokerage account in the world but that means nothing when the government is breathing down their neck coercing them to do what they want.

FDIC has admitted that they have only a fraction of the funds in their accounts to back your livelihood in case of bank failures or bank runs.

$125B to to cover $10T in deposits!

#FDIC has just above 1.25% of the actual funds to cover what they have guaranteed you.

Do you have the connections to get bailed out when the crises keep coming?

Who do you think will take the hit? Your leaders? The bankers?

The banking collapse in 2008 was already eclipsed in some measures by the banking collapse we had earlier this year.

Do you believe the problem is contained?

At a time where governments are censoring everything and everyone, I would suggest that trusting your life with a third party might be one of the most dangerous games you can play moving forward.

The hard truth is that FDIC, just like social security, or pensions, or any other government program WILL get bailed out but currency printing more fake dollars in to existence.

Inflation will increase through this dollar debasement. The people who pay will be the ones who get the new monetary units last once it flows through the system: the middle class.

You will get the $1000 you are owed but bread will cost 10x, 100x, 1000x as much.

This sneaky sleight of hand of inflation is what has collapsed all empires throughout history.

What the hell do you do?

The easiest answer is to simply fix the money. Why do we have a broken currency based in debt?

Why don’t we have a natural money that stores value for you long term based in equity? (#Bitcoin  )

Why do we have governments in charge of the currency?

Why is the average person forced in to selling their currency to buy assets just in hopes of preserving their life?

They could be saving an instrument that is designed to be equally finite to their finite time, going up in value throughout the years instead of down like dollars.

But government won’t allow it, Brandon!!

If you believe that government will outlaw a neutral money that grows your purchasing power over time and increases the freedom of its citizens, do we think that there is something inherently wrong with that?

Do we even live in America at that point? Reread what was just said.

Who is really benefitting from this system?

Do we think there might be something wrong with that government?

If a 3rd world country did that to their people most westerners would look on in horror.

The Declaration of Independence clearly stated that the government works at the consent of the people.

Why don’t we change how the government works?

If we don’t believe that we have that ability anymore, then we have bigger problems.

The Declaration also states we have the duty to throw off such tyrannical governments.

We should not be patriotic about the dollar itself, it is merely just a piece of paper.

We should be patriotic for founding principles and documents that made America the greatest experiment on Earth.

Our idolization of a green piece of paper is akin to someone going to battle for the person(s) that lock them in a cellar each day.

We have put false idols on a pedestal and are reaping the rewards.

Ease and convenience has been placed in higher esteem than morals and principles.

Again, history has shown us that this will end poorly.

Change could happen overnight but my concern is society won’t realize that until it is too late.

Hindsight is 20/20. Change is tough. Easy to go along to get along and not make waves.

Just because a system has worked this way for 100 years or “your grew up this way” isn’t a reason to continue living in that system.

Stay strong.

#btc