Orange Pill or Orange Suppository

Orange Pill or Orange Suppository

Watching a session of “ What Bitcoin Did “ with Peter McCormack, the notion of the financial community being forced to accept Bitcoin was something that I saw as a clear possibility. In 2015, I read a paper about the possibility of a “, Bitcoin Standard “ speculating in detail about how Bitcoin could become the dominant medium of exchange globally. This was followed a few years later by the book from Saifedean Ammous, “ .” Mainstream finance snickered and giggled at what appeared to be a naive understanding of the might of the US dollar and its reach. The Bitcoin Standard

Fast forward to 2023, the US has used the dollar in its endless string of wars, making it one of the primary weapons used against Russia in the Ukraine war, scaring the bejesus out of nations who thought it was a medium of exchange. The Fed itself is expressing concern that a significant drop in dollar dominance could be the tipping point for tectonic economic shifts.

The Federal Reserve Bank St Louis

“As a matter of arithmetic, the trends of US government debt and deficits will eventually result in an outrageously high government debt-to-GDP ratio. But when exactly will the United States hit the constraint of infeasibility and how exactly will policy adjust to it?”

Another war in the mid-east, a few bank failures, downgrading of the US credit rating, BRICS noise, and well, you get the picture. Suddenly, it does not seem so naive to think that a different monetary standard could emerge.

Bitcoin is already global, flawlessly. Ticking off transactions approximately every ten minutes. All that is needed is for the loss of trust in the US dollar to swing over to Bitcoin. I have been a proponent of Bitcoin since first learning about it in 2014. Helping others understand what it is and get connected was a source of satisfaction. I learned that this was later referred to as “Orange Pilling” (akin to the Matrix Red pill Blue pill). But what about those who are not receptive to change and are forced to come to terms with accepting Bitcoin as a force to be reckoned with?

I had to smile when Peter McCormack mentioned an Orange Suppository. Everyone thought El Salvador was a publicity stunt while they were sitting with a 16 million dollar loss that will likely be made up in this upcoming bull run. And now we hear that Germany is making noise about a Bitcoin legal adoption. Real change doesn’t happen at the rate of a 200-day moving average rather it takes time and foresight.

The FUD pawns will likely suffer the most when this all plays out. The technology is impeccable, and its cultural adoption is gaining momentum. Refusing the orange pill will mean you get the suppository. Facts, not FUD, win the day: truth and trust matter.

I always believed that the present system was tilted toward those in power. Not a week goes by where that becomes more apparent, and the greed that drives that dynamic will be the rust that destroys it. Too focused on incremental gains and maintaining the status quo banksters and government pawns ignore customers and constituents in favor of glomming more power. Unable to read the writing on the wall and stuck in a world of yesterday.

Biden himself has come around from his early stance against “cryptography for everyone” and “government control” to a more measured position, weighing the pros and cons. But his minions, especially Senator Warren and her crew, are fighting the Bankster’s war to protect the central bank control. Banksters are not limited to term government limits. They just line up to buy (ahem Lobby) their preferred policy, so they can take the long view, and it is probably clear to them that “The End Is Near.”

It doesn’t take a genius ( although many have weighed in on this subject ) to see the writing on the wall. All it takes is humility to ask critical questions on sustainability and the history of currencies. Would a global monetary standard that no government could manipulate be good for global commerce? It comes down to a preference for leadership over dictatorship, but even China has all but given up on trying to fight the Bitcoin battle. Would the pseudo-anonymous feature of Bitcoin be enough to filter out the bad actors from legitimate users?

So What’s your choice