Slavery did not die, it evolved. Neal Flesher joins me to explore how fiat money functions as a modern engine of control, why central banking is a managed illusion, how the central bank is playing God, why fiat money is a living lie, and how Bitcoin offers a path back to freedom, dignity, and truth. Neal Flesher, author of “Modern Chains:, is a philosopher and former Army Officer with expertise in monetary systems, Bitcoin, and the philosophy of money. // GUEST // Modern Chains: https://www.modernchai...​ X: https://x.com/NealFlesher​ ROBERT BREEDLOVE hit gold with this interview and guest.. This was pure "orange gold"
If any common worker can save $100 per day, and dollar cost averaged it to an asset that grows at 25%+ per year, for 10 years, this equals $1.44 million at the end of 10 years. Incidently this 1.44 Million would toss off $360,000 income for ever after that. I gave this advice to a 23 year old bar tender and part time student that had no good direction, a bit of depression, and a functioning addiction problem. IF he takes my advice on how to thrive, he will. IF he doesn't, then I hope he gets by. I believe that Bitcoin is the asset to dollar cost averaged into for the nest 10 years to achieve the above results. I also believe he needs to go the Celebrate Recorvery to tackle the addiction issue
Bitcoin is the one asset/money/ currency that can has the closest comparison to the game of Chess. To gain some understanding of Chess/Bitcoin, one has to be able to think 2 moves ahead on imagining the 2nd order affects. To get good at it, some skill at imagining 3rd and 4th order affects come into play. To be and expert in Bitcoin 5th and 6th order affects have to be considered or imagined. Beyond those, I suspect we are into super computers, NSA teams, Satoshi, God, or some combination we don't know. Regardless, Bitcoin can be used by anyone. Going forward, 99% of humans will benefit from Bitcoin even though they will know nothing about it . Can you imagine a world with zero inflation, and even better, actual deflation? Can you imagine the 1st, 2nd, 3rd, 4th and 5th order affects of using money that doesn't lose value?
THE FREE MARKET should set the "cost of money". The Free market enforcement "Bull" is coming ! It's called Bitcoin.. Bitcoin will serve as a massive "forcing function" for a truly free market in the cost of money ( Interest rates) . Nothing can stop what is coming.
What is a fair rate to charge in interest for a home loan ? The real answer to that question comes by answering a few questions. 1. What was the market rate for home loans when inflation was zero and they were made by LOCAL savings and loans, or private parties ? About 6-8% is the answer. 2. What are the rates in the private market right now for home loans. About 6-9 % is the answer. 3. What have been the historical durations of home loans? 10-20 years is the answer. 4. Who in their right mind, on their own volition, would make a 30 year home loan at 3%, given a 7% inflation rate? ( you'd suffer 30 years of 4% decrease value in your income). The government HAS NO BUSINESS in the home loan business. All they have done is screwed up the free market and hurt people.
3% mortgages are theft. Yes, I will stay that. Who is stealing from who ? #×The person getting the 3%, 30 year, fixed rate is getting some stolen money. The rest of the world who uses that same currency is having their life/energy/money stolen from them. The amount stolen is the difference between the 3% and the real market rate of loans witch is closer to 6%. Also to add to the stolen proceeds is the artificial increase in the market price of the real-estate. The thiefs are the ones "printing" the money, then lending it out at a rate they arbitrarily set. Bitcoin solves for this theft. It nonviolently provides an "opt out" of the manipulation of money by Authorities who are backed by violence. Noone has the right to lend out taxpayers money at 3%.
A financial transaction via space ? I just did one today. The idea of data flying through space via satellite is not new. There have been satellites for some time. Today was different because I was able to use/test TMobile's new Starlinks backup texting service to copy and past a Bitcoin recipient address and then send someone money , via lightning , with no cell service. The real interesting things about this was that TMobile is one of the biggest cell services in the USA and they are adding a satellite augmented service to their higher end phones and plans. What this enables, is people like me to send money to any location on earth . When money ( human kind's most prolific language) can fly around the earth from person to person, with no intermediaries, many things are going to change big, and change fast. Buckle up.
In 1965 the yearly minimum wage = 71 ounces of gold. The wage was $1.25 per hour and gold was $35 per ounce. On a gold standard, as we had back then, a minimum wage TODAY should be about $241,000 ! Today, it's $11.18 per hour, or $23,254 per year ,and gold is $3400. Back in 1965 , a common worker had the living standard of someone Making $241,400 today. They could raise a family, buy a simple home, and have a stay at home parent. When they took us off the gold standard and started printing money for foreign wars, they put America on the path to destruction. They knowingly violated the USA CONSTITUTION, as well as their oaths of office. They probably, indirectly, killed millions of people with that one stupid move. Where did the actual money go ? Just look at the difference between the rich and the poor, look at the amount of wealth we simple blew up and burned up in the form of missles and bombs, look at the vast armies of unproductive government beaurcrats, and look at the huge amount of theft. Bitcoin is not just some weird little experiment. It's the CURE TO the shitshow I described above. I highly suggest getting to know about it. Ignore it at your own risk.
I met the nicest Pakistani kid the other day. He will be eating the lunch of the fat white lazy entitled stoned and tattoo covered kids in my town, so I thought I'd get to know him. He is kind, polite, and very hard and steady working. He also takes classes at the local college 3 nights per week. The kid I'm talking about can be found at the counter of the local 7-11 from 5am to 5pm 6 days per week. He makes $34 per hour. His cousin owns the store/ business. He has two brothers and 4 additional cousins who have pooled their resources and have purchased 22, 7-11 stores for cash. The 24 year man makes $9979 per month. Of that, he saves over 60%. He shares a very nice home with his family and his cousins family. his cut of the housing cost is $1000, he gives his wife $1000 for food & misc, and they spend another $1000 on things "he doesn't know here it goes". He says, his $5000 per month savings are largely going into a pool to buy him his own store, in approximately 8-10 years depending on market forces. After he gets his own, he says there is a good chance he can double his income. At that point he dreams of going to school more hours and spending time with his family, who ALL came here legally. I gave an introduction "Orange pill" to the young man. He made eye contact and listened intently. Let's see what the future holds for him.
This is a Bitcoin book unlike ANY other. It tells a side a Bitcoin RARELY DISCOVERED OR DICCUSSED. image