As the wealth gap widens it’s understandable why people resent the rich. But the rich are a symptom of a deeper, structural problem.
If you take the time to dig into this problem you’ll find it’s a broken financial system designed to benefit those at the top.
This is the debt-based Federal Reserve system. It expands the money supply over time telling you this is needed to “grow the economy.” This expansion is inflation and while it’s said to be around 3% it is actually much higher.
Now add to this the ‘Cantillon effect’ where those closest to the money printer benefit before inflation impacts others. Then add the fact that those who can afford assets like stocks and real estate can park their wealth in these assets driving up their value. Meanwhile those working paycheck to paycheck are losing to inflation week by week. Now you start to understand wealth inequality…and you also have a framework for understanding bitcoin.
Bitcoin is the alternative financial system. It’s grassroots, has a predictable issuance schedule, can’t be inflated and is accessible by anyone anywhere. It’s monetary rules enforced by digital code and thermodynamics, not by a handful of central bankers and Wall Street traders.
But don’t take the word of some random social media post - do the research and find out for yourself.
