I hope you took the time to read the first part, or you will be kinda lost…

At the end of the day, 1 BTC is worth 1 BTC, but that value is still tied to its price in USD—right now, around $58k. The key to stabilizing both the economy and Bitcoin’s price is to move away from the gold standard entirely. If the gold market weren’t so tightly controlled to prevent inflation (since it’s where the 1% store their wealth), we’d see a flood of gold, and its value would crash. But what if governments switched to a Bitcoin standard instead? Rather than Bitcoin being worth $58k, governments would have to produce $58k worth of goods and services to afford 1 BTC before printing more money.

And here’s were btc has the edge over gold: gold is mintable. You can dig up more of it from the ground. And if we overmine gold, it would flood the market and collapse the global economy. That’s why we have to look at alternatives like Bitcoin, which is capped in supply and can’t just be “dug up” to infinity.

Take Venezuela, for example. It holds the largest untapped gold reserves in the world and more oil than the entire Middle East, yet its people are starving, and there’s little resource exploration happening. Why? You may call me crazy, but the reason is the same as why Pollock’s paintings are worth millions. It’s all about controlling the narrative and the market. Venezuela poses a threat to the global economy because if it were to flood the market with its resources, it would destabilize the value systems that protect the wealthy. Relaying on gold is too much trouble.

For decades, the U.S. has maintained its economic dominance by strategically outmaneuvering (or outright eliminating) its competitors. Germany made great cars, Japan excelled in electronics, Saudi Arabia had oil, Iraq had oil… and then they got a few F-22's sending them democracy. Someone should warn Hong Kong—they’re sitting on valuable microchip technology, and history is just about to repeat itself.

If not even gold can be trusted, wtf should I do with my money, you say? Make sure to like this post and hit follow. I’ll be posting the third part soon, where I dive into one of the key things that move markets: price predictions—and why they’re always wrong.

And if you still doubt me, check out #xrp price.

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