The "Price in Bitcoin" website aims to provide information on commodity prices in Bitcoin. The website serves as a platform for tracking and monitoring various commodities priced in Bitcoin, including goods like oil, gold, natural gas, and more.
Additionally, the website offers insight into the current state of the global economy and the upcoming, unavoidable new world order.
It is no secret that fiat currencies are ‘programmed’ to lose value over time, leading to a perpetual debt death spiral that most developed countries find themselves in. This phenomenon is caused by the increase of money supply without a corresponding increase in the production of goods and services.
There are three options available for countries to get rid of the debt:
- 1. The first option is to repay their debts through economic growth, which is pretty much impossible, especially in the developed world.
- 2. The second is to inflate the debt away, leading to a loss of purchasing power and reduced living standards.
- 3. The third option is for countries to default on their debt, resulting in a loss of trust and confidence in the global financial system, loss of purchasing power, and social unrest. Similar to Option 2.
Can you tell where the majority of the world is at the moment?
In the long term, commodities will eventually be priced in a new reserve currency that no nation will be able to control or debase. At this stage, Bitcoin seems to be the only viable decentralised option, and it is positioned to play an increasingly important role as an insurance against inflation.
Recommended literature (not related to Bitcoin):
- Big Reset: War on Gold and the Financial Endgame by Willem Middelkoop (Revised Edition 2016)
- Debt Crisis by Ray Dalio (2018)
- New Confessions of an Economic Hit Man by John Perkins (2016)