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...

By Matthew Hayward Once upon a time, in a not-too-distant future, a Central Bank Digital Currency (CBDC) was introduced by the government of a powerful country. At first, people were excited about the convenience of making instant and secure transactions from their smartphones. However, as time passed, it became clear that the CBDC had some unexpected consequences. The government began to use the CBDC to monitor people's spending habits and financial activities, creating a social credit score system that rewarded or punished citizens based on their behavior. People who spent money on government-approved items, such as healthy food and exercise equipment, received higher scores and access to better services, while those who spent money on "frivolous" items like video games or alcohol were penalized with lower scores and limited access to essential services. As the government's control over the CBDC grew, people who spoke out against the regime found their funds frozen ...

By Matthew Hayward Most Americans suffer from a conditioned physiological state similar to those with Stockholm syndrome (“a psychological phenomenon in which hostages express empathy and sympathy and have positive feelings toward their captors, sometimes to the point of defending them.”). But in this case, the government is the perpetrator that is intermittently harassing, abusing its power, intimidating, threatening, stealing from people and sending children to foreign countries to kill and die for perverse incentives. We are bought off with social security, food stamps, Medicare and other forms of financial aid. A strong emotional bond builds, one of dependency, powerlessness and a lack of skills, abilities and the rights to succeed.    As the coming generations are facing the real possibility of debt slavery, those who are receiving subsidies of any form tend to feel entitled to what they are receiving, and why wouldn’t   they, after all, their freedoms are...