Wishful vs Pessimistic

I've been straddling the line on some things between wishful in how it will go, versus pessimistic about how it's going to be a disaster.

There are a lot of changes that are going on in the world that's for sure. A lot of those changes are wonderful. There are pretty insane advances in technology all over the place and it's really making things easy in some ways for us to live and enjoy our lives. At the same time, there are also horrendous advances in technology that are going to fucking decimate and enslave people like we've never seen before. This is where I fluctuate on a daily basis hahaha.

For this post specifically, I wanted to focus on Bitcoin itself. A lot of people have wishful thinking, myself included, that it is a new paradigm of money. It is a finite amount, although not really considering how it can then be divisible into Satoshi's and then divided more from there. That is what can kind of make it bullshit in terms of being a finite amount. Eventually the miners will be earning fractions of a bitcoin per block, though I know that isn't projected to happen for a long time.

This ability to create money out of nowhere is something that the contemporary governments rely on heavily. They use debt as a weapon, wielding it against people as a way to control them. If you are from America, the disgusting student debt fiasco is a clear example of this type of thing. There are also other forms of debt that this country and other countries use for industrializing countries. They give them services in exchange for portions of their economy. It's a pretty vicious cycle because it is formed in a way that the countries can't get out of that debt easily and that's by design.

With Bitcoin specifically, I am torn between it being this awesome financial paradigm that many people are thinking it will be, versus blockchain traceable money that will be used to shoe-horn in a CBDC that will also get tied into the horrendous social credit system that is pervasive in China and other communist countries. We know that is for sure the end-result the crazies that fancy themselves in power in the world are desiring. Whether or not they actually get it.. that's another thing entirely.

Bitcoin is something I am invested in, and want to invest in more but it's also one of those things that am I sure what I am doing is the right thing, or is it a foolish thing and I should focus somewhere else? Yes the "value" has gone up, but the currencies of the world have also gotten fucked so has it really gone up in realistic terms? It's hard to say..

I think some of the podcasts I'm listening to lately have influenced me on this type of topic. I don't love to listen to doomer shit all the time, but I do have to blend it in when I can so that I can stay abreast of the things that are going on in the world. That, I think, is a really important aspect of being a man. We shouldn't go nuts on everything but we definitely need to stay aware of lots of situations and try to do what we can to prepare ourselves to head in a specific direction if need be.

The fog that has encircled the proverbial town could be clearing, or it could be getting a hell of a lot thicker. The question is: which is it?