We live in dark times, but Bitcoiners can see light at the end of the tunnel.
The overall outlook for Bitcoin is bright but big media doesn’t cover it. While the sun is shining, news station around the world tell you it’s raining. The media is pushing narratives and agendas but how important is it to your life?
“They Live” is a 1988 American science fiction action film written and directed by John Carpenter, based on the 1963 short story “Eight O’Clock in the Morning”. The film follows an unnamed drifter who discovers through special sunglasses that the ruling class are aliens concealing their appearance and manipulating people to consume, breed, and conform to the status quo via subliminal messages in mass media.
Does this sound familiar? It’s to easy to manipulate the masses as history as repeatedly revealed. So we can’t assume that it isn’t happening right now.
Focusing too much on a narrow time window can alter your perception just as much as using your TV as the only channel for receiving information. Hopefully you aren’t that person.
How Kitco News tries to influence your thinking about Bitcoin
News about Bitcoin can be great or horrible only if you are too much focused on the price movement. Probably the worst that can happen to Bitcoin would be a worldwide ban or a protocol leak. The EU has dropped their PoW ban approach and in the US, state after state is trying to attract bitcoin business.
So why is the mainstream so pessimistic about bitcoin news?
As Kitco News reported in this video, the conflict in Ukraine could escalate further. The war drums are sounding and of course we already know who the bad guys and who the good guys are. The presenter wonders how the price of gold and bitcoin could be affected.
Let’s take a closer look how the facts are presented. Of course graphs are used to make the story sound authoritative.
Next up, comes the Bitcoin chart…
Does the graph make you optimistic or pessimistic about Bitcoin?
Bitcoin News shows you the real graph now:
Is gold really performing better than gold?
The gold versus bitcoin debate is great entertainment but not important. Bitcoin has a hard cap, gold doesn’t. Bitcoin is harder money and hard money wins. However, both assets are on a similar mission to help protect your wealth from quantiative easing.
From time to time we need to zoom out and look at the bigger picture.
Most people are too busy to do deeper research and question a story. But what are people going to see? Nice attractive gold graph going up. Nasty sharp-edged bitcoin going down. Headline says gold is going to 3000. Respectable-looking people which sound eloquent and professional. They could even said something along the lines “feel comfortable that gold can easily run to $2,500 or $3,000” and nobody would question it.
Sure, gold could perform well during crisis but it is inaccurate to not compare it to Bitcoin in a neutral form.
In the time you thought you were listening to news about gold and bitcoin, not only were you misled, you’ve been fed with the mainstream war mongering too.
Wars don’t just happen. It’s a repeating pattern: massive inflation, economic recession, power vacuum and then war to reset the system. The media today does not help you to learn about history or future technology. It helps you to lose touch with reality by providing you with
Don’t get lost in the alternate reality the media wants us to to be sucked into. Opt-out and do your own research. When in doubt, zoom out. Bitcoin remains to be the greatest monetary asset in human history with an average annual return way over 100%. Bitcoin makes war unaffordable and you can bet that that’s not what media wants you to know.
To understand the fundamental macro-economic thesis is arguably the best investment in yourself you can do. It could also improve your personal economy. And although past performance is surely no guarantee for future performance, almost all great investors and economists have also been great students of history. Apparently history rhymes. And if that’s true, hard money is what you need when the easy money goes down the drain.
