Bitcoin VI – Latest Updates on the News International
The global financial system, underpinned by fiat currencies and debt, is on the verge of collapse. Governments and central banks habitually resort to printing more fiat currency in times of crises such as budget deficits, pandemics, wars, or market crashes. This leads to a devaluation of money, eroding trust in institutions and fiat currencies, bringing the system closer to its breaking point.
The unsustainable system, heavily reliant on debt and illusions, is starting to unravel. Fiat currencies are gradually losing their value, while assets like gold and Bitcoin are emerging as truth-tellers in a world built on financial falsehoods. This scenario mirrors Japan’s experience during its occupation of China in the 1930s and 1940s when the issuance of ‘military yen’ resulted in the currency becoming worthless post-World War II.
Global debt has surpassed $300 trillion, inflation persists, and gold prices have surged past $3,500 per ounce, reflecting growing skepticism towards fiat currencies. Major central banks such as the People’s Bank of China, Central Bank of Russia, and Reserve Bank of India are stockpiling gold while downplaying Bitcoin, a decentralized alternative that challenges their control over currency issuance. Bitcoin’s fixed supply and decentralized network pose a threat to the centralized nature of fiat currencies, making politicians and bankers uneasy.
Despite resistance from authorities, Bitcoin’s popularity is soaring, with a remarkable compound annual growth rate of around 70% from 2015 to 2025. Over 80 corporations now hold Bitcoin in their reserves, and several nations are considering acquiring it. The inevitable demise of fiat currencies raises the question of what will replace them. While gold remains a traditional store of value, Bitcoin’s attributes of portability, security, and scarcity position it as a leading contender to redefine money in the digital age.
The World Bank and the IMF may evolve or disappear in response to the changing monetary landscape, as the market signals an impending system reset. Gold’s enduring value and Bitcoin’s technological resilience highlight the shortcomings of the current financial system. Preparation for a decentralized future will not just ensure survival but lead to prosperity in a new economic paradigm.
