1. “The easiest way to build the prison is to get freedom lovers everywhere building it for you.”
CBDCs will most likely be modeled after bitcoin, though the goal will be complete control of individuals spending habits with unsanctioned purchases being disabled and/or leading to a negative impact on a social credit scoring system, like the one China is currently using.
Austin Fitts thinks that governments around the world are letting Bitcoin developers build out a system, but will then usurp its functions for their own globalist agenda. She has mentioned “The Master Switch” by Tim Wu , who details that, when new technology arises, there’s a period of innovation and then it centralizes because it’s cheaper and easier that way.
As Bitcoin users, we need to continue staying vigilant (read: toxic) about protecting the Bitcoin network from malicious actors by keeping the network decentralized. This means running a Bitcoin full node. It’s not too expensive to run a node, but it’s extremely important. “Not your node, not your rules,” as the saying goes.
In her most recent video release , Austin Fitts declared some steps to decentralize the money.
“We have to figure out how to take back control of the money system,” she said. “The important thing about any money or financial system comes down to the quality of governance. The reason the current financial systems are so powerful is because their governance is backed up by awesome force. We won’t have awesome force to back up ours. We need excellence in governance, a commitment to rule of law, and a culture because there’s not enough enforcement in the world to backup a great culture. That enforcement has to come not just from law, but from culture.”
She went on to say, “That system is going to have to be both physical and digital. We need the digital for efficiency, but we need the physical to keep it honest and real.”
To be frank, it sounds like she’s talking about Bitcoin: digital value transferred using hardware nodes and miners which use physical electricity.
2. “Invest your money into things that will build resiliency for yourself and your family. Are you spending all your money on bitcoin and not supporting your local farmers?”
In an August interview with Whitney Webb, Austin Fitts shared some recommendations for surviving the coming instability. Her biggest reminder is to be resilient. Following resiliency, her suggestions include securing ways to source healthy food and finding water independence through drilling a well.
She also suggested using jurisdictional arbitrage to move where the cost of living is low to avoid inflation as much as possible. Moving further from cities increases the chances that the people around you know how to do things for themselves.
Bitcoin citadels are frequently discussed as a means of creating sovereign communities. Food security through local economies is best cultivated through farmers’ markets and direct support through community supported agriculture (CSA). All of this advice involves building “living” equity. As Fitts said, “If you are putting all your money into Bitcoin and you have no farmland, no cattle, and no farmer, you may be wealthy on Bitcoin, but you’re going to have to eat synthetic meat from Bill Gates.”
3. “How many hours are you spending on Bitcoin? Could that time be used supporting your family or otherwise being put to work?”
There are thousands of hours of phenomenal podcasts about Bitcoin, countless Bitcoin books and articles to read, and tons of video interviews and documentaries to watch — let alone the time it takes to figure out how to use Bitcoin, connect your wallet to your node, and create multisignature quorums. These are all incredibly important pratices, but so are other universal abilities. If you invest in developing your skills, they can go with you if you need to move: growing food, building, coding, canning, wilderness survival, plant/fungus identification, first aid, sewing, etc. These are all things that can be used in many different contexts.
In conclusion, as Bitcoiners, we need to remain skeptical of everything, and I mean everything . Stay vigilant and use adversarial thinking in order to avoid becoming complacent so that we can protect the monetary sovereignty that the Bitcoin network provides.
G. Michael Hopf said , “Hard times create strong men. Strong men create good times. Good times create weak men. Weak men create hard times.” It seems clear that we are in a period of hard times right now. We need to make sure that as we develop into the strong men (and women) that will create good times in the future, we can continue them for as long as possible.
As Austin Fitts suggested as she ended her speech , “Don’t ask if there’s a conspiracy, if you’re not in a conspiracy, you need to start one.”
Take everything you read, hear, and see with a hint of suspicion, including this article.
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This is a guest post by Craig Deutsch. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
