PRETEXT: What's going on everybody (or nobody)?!?!? This intro will be an explainer for the making of this website. Crazy name for a blog right? For those of you who have not heard of WTFhappenedin1971.com you should head there immediately and begin a terrifying educational experience. This website is an homage to that one, so thank you Ben (@heavilyarmedc) for your hard work. For a quick summary, Ben's website highlights how our money (US Dollars) has been consistently devaluing since Nixon took us off the gold standard in 1971 and that trend is only accelerating. The evidence shown in the charts there is incontrovertible. The dollar as a savings vehicle has been horrific since then. It is also what indirectly led to the "what the fuck happened in 2009" that I am referring to.
EXPLAINER:
A monetary technology was created in 2009 that was designed for the information age, and to be Apolitical as to ensure our savings cannot be debased by the few appointed leaders. It's a revolutionary technology that is still massively misunderstood or not understood at all by the majority as I write this in 2023. Yes the monetary technology is Bitcoin which many people have cheered or denigrated. However, it is a neutral protocol. Whatever understanding or bias comes to mind when reading the word Bitcoin has been shaped by the person(s) behind the medium that you consumed the information from. Bitcoin has no affiliations, no agendas, no rulers, just rules set in computer code.
When the pseudonymous creator of Bitcoin, "Satoshi Nakamoto", put the finished protocol into the wild, he did so with a message. In the first block of the ledger he included a headline from the London Times "Chancellor on brink of second bailout for banks". We have enough evidence from the writings of Satoshi on forums to say that he/she/they heavily distrusted government and government-run entities. That seems to be a leading cause for Satoshi’s creation. One famous quote that displays this is “The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.”. Bitcoin is Satoshi’s idea of a solution to that trust problem with conventional currency, and it is internet-native as well.
All this being said, Bitcoin should be a beam of light to the majority who have been unknowingly oppressed through the tax of debasement. Bitcoin is the revolution we need and this website will highlight the progress it has made since creation. It has successfully been storing value into the future for anyone who has chosen to adopt it. It is more likely than it ever has been that the dollar reserve system is coming to an end, so we need to focus on supporting and building on bitcoin to transition into the next age of human flourishing. While WTFhappenedin1971 is packed with jaw-dropping, educational information, it paints a horrible picture of the degradation of our society here in the USA. This website looks to the future, and that future is extremely bright with Bitcoin. Teach your neighbor, your children, your spouse, your friend, your mother or father WTFhappened in 2009 so they can look to tomorrow with excitement rather than despair.
