Words of wisdom quoted on this day in history …
Ink, Inflation, and the Digital Gold Rush: is Bitcoin humanity’s last chance?
Governments have historically stolen wealth by printing fiat money, a moral crime that fuels inflation, war, and authoritarian control, especially under socialist/communist regimes. JG Hulsmann warned of this “drop of ink” danger in 2008.
Bitcoin, with its fixed 21 million supply and proof‑of‑work mining, restores “natural money” by making money creation costly, decentralized, and resistant to government manipulation.
In short: stop the endless printing, adopt sound digital money, and protect future generations.
From the archive (1 May 2020)
From the archive (21 Feb 2010)
From the archive (17 Jan 2009)
From the archive (14 Jan 2019)
From the archive (18 Dec 2013)
Federal Reserve Policy Shift: Implications for Asset Markets
TL;DR: The Federal Reserve’s cessation of Quantitative Tightening signals a potential shift towards liquidity expansion, historically associated with improved asset performance (stocks, gold, and particularly Bitcoin). Investors should prepare for potential volatility, prioritize the allocation to scarce assets, and remain vigilant regarding domestic political developments which could introduce unforeseen systemic risks.
