Bitcoin vs Dollar: A Tale of Inflation and Value

By Matthew Hayward

Have you ever wondered why people interested in cryptocurrencies talk about it as if we don't already have digital currency with the US dollar?

There is actually a stark contrast between Bitcoin and the US dollar, which exemplifies different economic ideologies. The US dollar, as a fiat currency, is valued based on trust in the stability of the government. This system's inherent flexibility often triggers inflation, causing the money supply to swell and dilute the value of each dollar, which in turn reduces purchasing power and drives up prices.

Inflation erodes savings, progressively reducing the purchasing power of each dollar for goods and services. In contrast, Bitcoin, established on the unalterable foundation of blockchain technology, offers a digital alternative. Its inherent scarcity and controlled release mechanism ensure that its value is likely to ascend as demand increases.

Unlike the dollar, which depreciates due to inflation, Bitcoin is designed to enhance purchasing power, allowing its users to potentially acquire more with less as time progresses, presenting a clear divergence from the dollar’s depreciation path.

As the dollar grapples with the adverse effects of inflation, Bitcoin stands out as a paradigm of value, underscored by its scarcity, and serves as a safeguard against the weakening purchasing power of conventional currency.

Economic Implications:

Savings-Driven Economy (BTC): Promoting savings can facilitate greater capital accumulation, pivotal for investment and long-term growth. Yet, higher savings and reduced spending can diminish aggregate demand, possibly curtailing short-term economic growth, illustrating the paradox of thrift.
Spending-Driven Economy (USD): In contrast, a spending-oriented system fosters immediate economic growth by boosting demand for goods and services. This approach can yield short-term economic advancements but may compromise long-term stability, leading to heightened debt and insufficient reserves for future economic challenges.

Social Implications:

Savings Culture (BTC): A culture focused on savings champions long-term planning and stability, potentially enhancing social safety nets. Nevertheless, an overemphasis on savings could diminish immediate living standards and reduce investments in public amenities.
Spending Culture (USD): A spend-centric society often experiences elevated consumerism, prioritizing immediate satisfaction and associating social status with material wealth. While this can stimulate economic vitality and innovation, it also risks fostering overconsumption, environmental harm, and social disparities.

Cultural Implications:

Values and Norms (BTC): A society’s leanings toward saving or spending reflect its core values and norms, with future-oriented cultures favoring savings and investment and present-oriented ones valuing consumption and immediate pleasure.
Impact on Quality of Life (USD): The equilibrium between saving and spending influences life quality, affecting stress, work-life balance, and happiness. Achieving a sustainable balance promises a more gratifying and sustainable existence for the community.

The choice between saving and spending encompasses complex implications, shaping the societal and cultural landscape and playing a critical role in the well-being of our society.

Also see:

From Duels to Assassinations: Central Banking and the Dark Side of American History

Tools used to enslave can also be used to free

The War on Cryptocurrencies: Decentralization vs Centralization

When Government Demands Papers We Refuse

By Matthew Hayward 9/19/2025 The Supreme Court just paused a lower court order that had limited federal immigration stops in Los Angeles. That stay lets federal agents resume roving patrols and interior operations that critics say rely on appearance, language, job, or neighborhood to pick people for questioning. This matters because it normalizes a posture of suspicion. Checkpoints miles inland and roving patrols turn movement inside the country into a condition to be earned rather than a freedom to be enjoyed. The government already claims expanded authority inside the 100-mile border zone. That claim, plus an open green light for stops based on appearance, is a recipe for arbitrary enforcement. Philosophy of resistance John Locke told us that the consent of the governed is the foundation of legitimate power. When rulers invade life, liberty, or property, or when they become arbitrary disposers of people’s lives and fortunes, the social compact is dissolve...

The National Guard Was Never Meant to Be a Federal Tool

By Matthew Hayward 7/13/2025 Let me say this clearly: the National Guard was created to defend the states, not to enforce the will of the federal government. It was meant to serve as a local militia—an armed extension of the people under the control of the state. The highest authority a Guard member was ever supposed to answer to is their elected governor, not a bureaucrat in Washington, not a federal agency, and certainly not a sitting president weaponizing military force on domestic soil. Yes, I know the laws have changed. I know the Montgomery Amendment, the National Defense Act, and the Supreme Court's decision in Perpich v. DoD rewrote the rules. But legal doesn’t mean constitutional. Gradualism doesn’t legitimize usurpation. You don’t get to trample foundational principles and call it progress. What’s happening now—federalizing state forces to deploy them in cities without gubernatorial consent—is blasphemous. It's an insult to the very spirit of the Constitution. The ...

Reality Is Rigged and You Can Hack It

By Matthew Hayward 7/29/2025 Manifesting Reality: How the Matrix, Quantum Entanglement, and Consciousness Intertwine Look, science fiction and science fact have been flirting for decades. But lately, the line between the two is starting to disappear. The idea that we’re living in a simulated reality isn’t just a late-night stoner theory anymore. It’s a framework, a lens to view those weird, unexplained moments that leave you thinking, "What the hell just happened?" Quantum entanglement, synchronicity, manifestation… they all start to make a lot more sense when you stop pretending reality is some rigid, mechanical machine. It’s not. It’s code. And if you’re paying attention, you might just figure out how to rewrite it. NPCs vs Manifestors: Who’s Really Running Things? Picture the world like a massive open-world video game. Some people are just running the default programming. They go to work, follow the script, consume what they’re told, and never ask questions. NPCs. Then the...

Search This Blog