In one of my recent articles, a reader left me an amazing comment talking about " promotional writing " to describe what I write about bitcoin. I'm certainly bullish on bitcoin, as you've seen. However, I don't think I do " promotional writing ".
My goal is to present you with facts, data and finally my opinions so you can integrate this into your thought process. You can then decide if you want to buy bitcoin or not.
If you do, good for you. If you don't, good for you. I don't get money because people buy bitcoins after reading my articles. Really, I'm a HODLer no matter what. So I haven't generated any profit with bitcoin.
My life will change not because you will buy bitcoin after reading my articles. But yours will probably change. It will change because you will finally be able to take control of the fruits of your labor in a system that respects you. A system like bitcoin presents you with the rules in advance and they don't change. With bitcoin, the paradigm is clear when you run your own node on the network: 'Your node, your rules'.
M1 money supply has increased by +420% over the last 24 months
The current monetary and financial system is a fait accompli with a minority of people constantly foisting the flaws of the current system on you. That system would be, "Our system, our changing rules".
You may doubt what I am telling you. It's okay, I even urge you to check everything out for yourself. That's bitcoin's motto: "Don't trust, verify." Let's go and see the numbers provided by the Fed on the M1 money supply development, which corresponds to all cash and check deposits in circulation:


What do we see here?
We can see that over the last 24 months the Fed has been printing fiat money out of thin air in virtually infinite quantities. This has resulted in a +420% increase in the M1 money supply.
This benefits a minority of the super-rich, as the theory of the Cantillon effect taught us back in the 18th century . The proof is the explosion of the wealth of the super-rich in America and around the world. On the other hand, the poorest people are now paying a high price for this insane behavior by a minority of central bankers who have the upper hand in the current system.
Inflation in America reaches levels not seen in 40 years...
Among the most visible consequences is the rise in inflation in America from the beginning of the second quarter of 2021:


This inflation has long been underestimated by the Fed itself and in particular by its chairman Jerome Powell. For a long time he denied the evidence of impending disaster, then spoke of " transitory inflation ", before finally admitting in early 2022 that this high inflation will persist.
So you can see that the Fed wasted many months before admitting there was a problem. If you take a step back, you can see that the printing of fiat money out of thin air over the last 24 months by the Fed and other central banks is basically responsible:


To find evidence of such inflation in America, you have to go back 40 years, to the early 1980s. And with the war in Ukraine, the situation is not going to improve.
... And the IMF will have you believe that it did not know that printing money in endless quantities would lead to such consequences
The scariest thing is to hear IMF Director Kristalina Georgieva saying recently that all these big institutions are playing wizard apprentices with the current monetary and financial system:
"Too much money is in circulation by 2020 and this is weakening household finances at home and globally. We haven't thought about the consequences."
Imagine this. The managing director of the IMF would have you believe that these institutions did not know what the effects of this unlimited money printing would be. It seems that these institutions are not fulfilling their fullest duty because anticipation is part of their mission. The lives of millions of people are at stake.
It's pretty amazing to read this, but it's still said. It shows you how you cannot trust all these unrepresentative people to make decisions that will be in the best interests of the many.
It all comes down to one question when it comes to buying or not buying bitcoin
So my view is pretty simple whether I should buy bitcoin or not, a decentralized single currency with a hard supply limit of 21 million that won't budge. The big question to ask is this:
Do I think central banks will stop printing fiat money out of thin air in endless quantities in the future?
My answer is clear: no. I am confident that they will continue to print money. I am convinced that they will continue to exploit the shortcomings of the current system to take more and more control of it. Every crisis will be used as a pretext for this. Furthermore, the crisis in Ukraine will probably soon be an excuse to resume printing money to support economies that will soon go into recession.
Thus, buying bitcoin seems to me the only way out to protect my future in terms of money. I could be wrong, but that's my opinion, not something promotional. If you still have full confidence in central banks after the last 24 months, don't buy bitcoin. It's up to you to make your own decisions.