#2: You Think Money and Economics Must Be Complex

The people at the head of the current monetary and financial system, or even economists, are doing everything possible to ensure that the majority of people remain ignorant of the principles of economics, but also of how money works.

There is a simple reason for this, already mentioned several decades ago by Henry Ford:

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

— Henry Ford

If all citizens around the world came to understand the principles of the current monetary and financial system, a real revolution would take place immediately.

The powerful at the head of the system seek to avoid this at all costs by keeping people in the dark.

In the current situation, there is a good example that is unfolding before our eyes. The Fed is devaluing the U.S. dollar by injecting $6T into the banking system, and at the same time, the U.S. government decided to send all Americans a check for $1,200.

That $1,200 check represents only $350 billion in total. That is a lot, but very little compared to what is given to the banking and financial system.This check is clearly being sent to citizens in order to calm them down in this difficult situation.

American citizens will be calmed down with this check, but their poverty situation will not change with only $1,200.

A real measure would have been to wipe out the student debts of millions of Americans, for example. This is only one example among many, but it shows you that the powerful at the head of the system are primarily trying to keep the masses under control.

As far as the current monetary and financial system is concerned, it is therefore deliberately made complex in order to take away the idea that people should seek to understand its mechanisms.

On the other hand, we find Bitcoin which is extremely simple since a 9-page white-paper is enough to describe fully how it works.

The simplicity and transparency of Bitcoin is such that you can now immediately answer the following three questions:

How many Bitcoins are currently in circulation?

How are the new Bitcoins created?

Can the Bitcoin circulating supply grow indefinitely?

With fiat currencies, I wish you a lot of courage in trying to answer these questions. Even the world’s leading economists disagree on the answers to these questions. This shows how unnecessarily complex the fiat system is.

By choosing Bitcoin, you will understand that a payment system doesn’t have to be complex. Everyone needs to be able to understand how it works so that they can control what happens really in the system.