How fiat ruined insurances
Insurance was never meant to be an industry. It began as a simple, peer-to-peer agreement—a community pooling resources to protect each other from life’s unpredictability. Mutual aid, built on trust and shared risk. No middlemen, no corporate empires. Just people looking out for people.
Then fiat arrived. And with it, the state’s grip.
Now, insurance is monopolized, regulated to the bone, and buried under bureaucratic layers. The state decides the rules, the corporations write the policies, and you’re left paying premiums for promises designed to be broken. It’s no longer about protection; it’s about control. The more fragile fiat becomes, the more they tighten the noose—forcing you to buy coverage that covers nothing when it matters most.
Fiat didn’t just inflate prices; it deflated the very idea of mutual trust, replacing it with institutions that profit from your fear.
#Bitcoin doesn’t sell you protection. It restores the power of peer-to-peer, where trust isn’t bought—it’s built.
“Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one.” — Thomas Paine
#Bitcoin #SoundMoney #FinancialFreedom #Sovereignty #ProofOfWork #Decentralization #PeerToPeer #WealthPreservation #AustrianEconomics #MonetaryIntegrity
