Latest / Simply Bitcoin / Why Millennials Are Facing The SCARIEST Financial Future EVER | Beyond Bitcoin

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Why Millennials Are Facing The SCARIEST Financial Future EVER | Beyond Bitcoin · Simply Bitcoin

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  What is it about Bitcoin that can unite so many different
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  people across the world, throughout languages and
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  different countries and have us all saying the same story about
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  ruining some dinner or blowing up some conversation?
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  Today I want to talk about what makes Bitcoiners possibly the
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  most agreeable group on the planet.
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  I'm oceans. This is beyond Bitcoin.
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  Buckle up. We're about to embark on a
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  hayride through what gives Bitcoin meaning to so many
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  people and why that list is growing.
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  You got to make sure it's a buckle up because if you don't,
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  we wake up in the world every day, go to work, talk online,
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  meet up with friends, and then one day we get exposed to
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  something. It's subtle at first, but it
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  forces us to ask ourselves what's going on with our money?
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  Why is it getting so hard to make a living?
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  Jack Mallers gives an excellent keynote speech on this in his
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  most recent BTC Prague appearance.
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  Take a look. When we're 18.
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  Oh, you want to go learn how to be a teacher?
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  You want to go learn how to be a businessman?
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  You want to go learn how to be an artist?
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  Take on $250,000 a debt to go to Harvard.
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  You know this headline, why millennials are facing the
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  scariest financial future of any generation since the Great
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  Depression, since the Great Depression.
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  And one of the main messages I want to convey in this talk is I
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  think it has a large part to do with the money.
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  I really do. And I don't want to just sound
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  crazy. I want to explain it.
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  So as a youthful person, they say the economy is booming.
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  You're so lucky to have the stock market.
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  Is it though? I mean, these seven companies
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  are booming, but the rest of the stock market is shit.
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  They're like, what about freedom and prosperity?
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  Are you though? Because this is growth of the US
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  sanctioning countries. So we're going to print these
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  pieces of paper, force you to use it with violence and then
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  weaponize your access to it. You're like, well, all the bad
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  things. It's the blue's fault.
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  It's the red's fault. It's the left's fault.
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  It's the right fault. It's Trump's fault, It's Biden's
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  fault. Is it, though?
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  Looks like everyone's doing it. They're like, well, it's all
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  contextual. And they say and they, they tell
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  us this in school. And they say, well, you got to
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  add context. You know, these numbers make a
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  lot more sense when you realize the size of the economy.
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  Really, though, because percentage of GDP, we have more
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  debt than we did in World War 2. But I just went to school.
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  We're not in war, but we always are somehow, but not in the
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  World War. And they say but your jobs and
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  your growth and your income is exploding.
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  Is it though? It is on Wall Street.
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  He raises questions that we all start asking ourselves.
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  Is it though? Does it though?
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  Is this thing that I'm holding in my pocket even real?
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  We all start asking ourselves these questions until we are
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  confronted with something that is so radical and so
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  revolutionary that you could look at it for a lifetime and
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  still not understand the ramifications of it.
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  This technology is truth technology.
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  It's a technology that exposes you to what is true and what is
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  false. There comes a moment in all of
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  our lives where we have to choose.
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  Would I prefer to remain in this reality, or do I really want to
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  be exposed to the truth? You take the red pill, you stay
• 4:01
  in Wonderland, and I show you how deep the rabbit hole goes
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  and. What is that truth exactly?
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  I'll tell you right after this. Are you thinking about building
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  out your own sovereignty stack? You know, sovereignty isn't just
• 4:14
  about holding your own keys, it's also about keeping that
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  signal when everyone else has lost theirs.
• 4:19
  When the grid goes down, which has been happening a lot, most
• 4:23
  people go dark. But with a satellite phone from
• 4:26
  SAT 123, you can stay connected no matter what.
• 4:29
  Whether you're a prepper or a wannabe prepper like me.
• 4:32
  Maybe you're a rancher or just, you know, someone who's paying
• 4:35
  attention. There's a lot of crazy stuff
• 4:36
  going on in the world, am I right?
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  Now is the time to be prepared. Stop the last moments of this
• 4:41
  episode right now and go to sat123.com/simply Bitcoin.
• 4:46
  Or if you are more familiar with a phone, you can call
• 4:50
  866-621-9477. You can mention simply Bitcoin
• 4:55
  over the phone, or you can use the promo code simply for 15%
• 4:59
  off. Stay connected, stay
• 5:01
  independent, and most importantly, stay sovereign.
• 5:04
  Welcome back. I hope you still think about
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  that question. What is the lie that is being
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  exposed? Because I'm about to tell you
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  that lie is the Fiat money printing system that we all live
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  in. I'm not trying to speak about it
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  hyperbolically. I literally mean that they are
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  printing lies on pieces of paper and we are all using it as
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  currency. The promise on this piece of
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  paper does not represent what it claims it does, and we
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  Bitcoiners get this on a fundamental level no matter what
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  end of the maxi madness curve you're on.
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  By the way, who the fuck is Teddy Bitcoins?
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  The reason that we all align is because we all agree that Fiat
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  money printing is a sham. This is a common thread among
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  all of us, no matter what side of the aisle you lean on.
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  And once you see that, it becomes your imperative to
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  expose it to the rest of the people out there, the NPCS, the
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  no coiners, as it were. This truth, or rather the
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  exposure of the SLY, is what brings all of us together.
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  Shy of all the charts and the macro and what we all know
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  Bitcoins promises. The one thing that I think gives
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  Bitcoin the most value is that it exposes this line.
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  It's honestly very simple. Think about it, if the whole
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  world needs dollars, and that's the system we designed, we just
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  went through the history, how do they get the dollars?
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  Our job as a country is to just print them and hand them out.
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  So we printed handout dollars to the rest of the world.
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  And in turn we get oil, we get energy, we get food, we get
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  iPhones, we get beds, we get everything that we consume.
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  So we don't actually do any proof of work.
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  We don't export anything real. We just print paper and we give
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  it out to the rest of the world and in return we get real stuff.
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  Who wins from that system? The world in the elite win and
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  who loses from that system? You have to understand there's a
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  cost to everything. There is no free lunch.
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  If we could just print money, why is there such thing as world
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  hunger? Why is there such thing as
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  poverty? Why is there such thing as
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  depression? Who's burdening the cost?
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  So there's a quote from another famous economist in 1994.
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  These are not new ideas. They knew what they were doing.
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  Sir James Goldman said despite an expanding economy, quote UN
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  quote, violence increases, the number of those living in
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  poverty grows and urban slums spread in cities throughout the
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  world, there's a growing realization that something
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  fundamentally has gone wrong and a pervasive feeling that those
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  in power do not know what should be done.
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  This was 1994. All of the warnings to all of
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  the people making these terrible decisions.
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  I was doomed scrolling as we often do, and I ran across this
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  tweet by Sly Goomba and it struck me enough to make me stop
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  and think about it. Bitcoin changes you, Sure.
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  The Bitcoin shows you who you truly are, and it does it by
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  exposing to you where you've truly been.
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  When you wake up inside that world, all you have are
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  questions. How could this have happened?
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  Have I really just reduced to an energy input to keep this system
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  going? The feeling is haunting and it
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  may take weeks, months, even years to adjust.
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  But eventually you learn the real way the world actually
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  looks and how it operates. You see parts of the money
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  machine that you had not seen before.
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  Bonds, money supply, issuance. It can be extremely disruptive
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  to our lives. But you keep pulling on that
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  thread. You learn how this thing works.
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  You ask your questions, you see the fluctuations in prices, you
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  see the volatility, and you see the attacks coming in slow
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  motion. And make no mistake, this is an
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  attack. A very, very slow attack.
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  An attack that spans years, decades.
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  The attack is so slow that if you didn't know better, you
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  wouldn't even know you're being attacked.
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  But you know better because you've been studying.
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  Those who control the money control society.
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  They decide who gets to prosper, who gets the big house, who gets
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  to be happy and have family and who doesn't, who suffers, who's
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  in pain. Permit me to issue and control
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  the money of a nation, and I care not who makes its laws.
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  I don't care about the law system.
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  I don't care about the rule you're about to change.
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  How much money are you printing? It's all that matters, says
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  Hayek. Law, language, money, the three
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  paradigms of spontaneously common institutions.
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  Now, fortunately, law and language have been allowed to
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  develop. Money has originated in the
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  original form, but as soon as it was then it's most primitive
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  form was frozen. After 2 or 300 years of coins,
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  all governments put their hands and stopped any further
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  developments. Governments say they must not
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  develop any fuel. You are not allowed to
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  experiment on it. Money hasn't been improved.
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  Money has has rather become worse in the course of time, and
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  what we have had since in development are matters of
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  government inventions, mostly owned, mostly abuses of money.
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  I have directed Secretary Conley to suspend temporarily the
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  convertibility of the dollar into gold or other reserve
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  assets. And I have come to the position
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  of us has monetary policy ever done any good?
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  I don't think it has. I think it has done only harm.
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  That's why I'm now pleading for what I've called
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  denationalization of money. The further down the rabbit hole
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  you go, the more of an advantage you gain over the people you see
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  around you. Suddenly everyone seems like a
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  mark, just as you used to be, but now you have skills that
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  allow you to dodge the persistent inflation and gas
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  lighting that comes with money printing.
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  Unfortunately, this new found power does not come without
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  limitations. The exposure to such an ugly
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  world can have its drawbacks. Paranoia, insecurity, doubt.
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  Some people are so paralyzed by the exposure to this unveiling
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  of the machine that they would prefer to about face and 180
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  back to the way things were. Ignorance is bliss.
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  It can be a soul crushing revelation.
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  I was once on this boat myself. I still AM, and it took me years
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  upon years to shed the slogans of the old guard and open my
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  mind up to questions. But not you.
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  You've made it this far. You've figured out something
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  that many, many, many people may never figure out in their entire
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  lives, so it seems completely natural that you want to tell
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  someone about it. Now you have a new mission, a
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  mission of waking others up and joining those that have seen the
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  light, just as you have. But.
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  Unfortunately, no one can be told.
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  What the matrix? Is you have to see it for
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  yourself. If you're out there grinding
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  away inside of the system, keep studying it.
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  Keep learning more, keep asking questions, keep ruining family
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  dinners and blowing up conversations.
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  You're not alone. Thank you so much for watching
• 12:27
  this week's episode of Beyond Bitcoin I'm Oceans.
• 12:30
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  If you like the content you're seeing and you want to see more,
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  consider dropping a like you know below or subscribing to the
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  simply Bitcoin channel. We're putting out content like
• 13:10
  this every single day of the week.
• 13:13
  Until next time, let's meet again in the Fiat money printing
• 13:17
  system. See you.