End The Fed And Opt Out With Bitcoin
(Source)As the markets eagerly wait for the Federal Open Market Committee (FOMC) meeting (and the unavoidable interest rate trek that will come with it) its crucial to advise ourselves that it is totally insane that we permit the madness of main banking to continue. Many FOMC conferences are uninteresting and arent as high stakes as tomorrows meeting appears to be. Tomorrows meeting is just as crucial as it is due to the fact that of all the boring FOMC conferences that led to it.
The below is a direct excerpt of Martys Bent Issue # 1226: “#EndTheFed.” Sign up for the newsletter here.(Source)As the marketplaces excitedly wait for the Federal Open Market Committee (FOMC) meeting (and the unavoidable rates of interest hike that will include it) its crucial to advise ourselves that it is totally ridiculous that we permit the madness of central banking to continue. The world is presently waiting with bated breath for a statement from Jerome Powell, a 69-year-old attorney who took place to end up being Chairman of the Federal Reserve to see the number of basis points he decides to raise the federal funds rate.Tomorrow isnt anything special. Markets have actually been playing this video game for a long time now. Many FOMC conferences are boring and arent as high stakes as tomorrows conference appears to be. Tomorrows conference is definitely essential and will force markets to move drastically in one direction or the other depending on how aggressive Jay Powell and friends choose they wish to be. However, tomorrows conference is just as crucial as it is since of all the uninteresting FOMC conferences that resulted in it. Years of boring, complacent and accommodative policy in mix with terribly-managed central preparation on the part of the federal government allowed a complete distortion of rate signaling in the markets that is forcing the Fed to act strongly in this moment. Compounded bad main planning has completely trashed the global economy and we sit here and wait to hear how the arsonists prepare on repairing it. Its pure insanity.The only way to really repair the systemic problems that exist in our hyperconnected global economy is to end the Fed and return to a free-market-driven sound money requirement that is free of rates signal control via active rate of interest policy that synthetically broadens the financial base with cash printed ex nihilo. Reaching this point isnt going to occur by hoping that the Fed just goes away or that corrupt political leaders astonishingly get up and decide to shutter the organization themselves. When a mass of individuals choose to demand sound money and decide out of the naturally corrupt system, the Fed will just be eliminated. As it stands right now, the very best and just viable path towards that result is bitcoin.Despite current and historical cost volatility, bitcoin has essential base homes that make it uniquely matched to supplant the parasitic central banking system that the world is beholden to at the minute. Anybody anywhere who has the ability to download software that allows them to get, hold, send out and verify bitcoin can start demanding much better money right now. There is no requirement to wait. There is no need to ask. You and billions of other humans on earth can decide in this moment to start separating yourself from the insanity.
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Other Questions People Ask
How can ending the Fed and opting out with Bitcoin benefit individuals?
Ending the Fed and opting out with Bitcoin allows individuals to escape the volatility and manipulation of central banking. By choosing Bitcoin, people can take control of their financial future, ensuring their wealth is not subject to arbitrary interest rate hikes or inflationary policies. This shift empowers individuals to demand a sound money system that aligns with free-market principles, fostering economic stability and personal financial sovereignty.
What steps can I take to opt out of the central banking system using Bitcoin?
To opt out of the central banking system using Bitcoin, start by downloading a reliable Bitcoin wallet that allows you to buy, hold, and send Bitcoin securely. Educate yourself on how Bitcoin works and the benefits it offers over traditional fiat currencies. By actively using Bitcoin for transactions and savings, you contribute to a growing movement that challenges the status quo of central banking.
Why is Bitcoin considered a viable alternative to ending the Fed?
Bitcoin is viewed as a viable alternative to ending the Fed because it operates independently of central banks and government control. Its decentralized nature ensures that no single entity can manipulate its value or supply, making it a more stable form of money in the long run. As more individuals adopt Bitcoin, it creates a collective demand for sound money, which can ultimately lead to the dismantling of the current central banking system.
What role does public demand play in ending the Fed and adopting Bitcoin?
Public demand is crucial in ending the Fed and adopting Bitcoin, as it reflects a collective desire for a more stable and equitable financial system. When enough people choose to use Bitcoin instead of fiat currency, it signals a rejection of central banking practices and encourages others to follow suit. This grassroots movement can create significant pressure on policymakers to reconsider the role of the Fed and embrace alternatives like Bitcoin.
How does Bitcoin address the issues caused by central banking?
Bitcoin addresses issues caused by central banking by providing a transparent and decentralized monetary system that is immune to inflationary policies. Unlike fiat currencies, which can be printed at will, Bitcoin has a capped supply, making it deflationary in nature. This characteristic helps preserve value over time and encourages responsible financial practices, contrasting sharply with the reckless monetary policies often associated with central banks.