Why Bitcoin Will Rejuvenate Hope

A gloomy outlook on the future is understandable, given the events of the past 18 months. But when we consider things from a wider perspective, we find that this is the best time in history to be alive. And it’s about to get much better, as with Bitcoin we have a chance to solve mankind’s last big problem.

Imagine being born in 1920s Czechoslovakia. If you can’t, because you are not familiar with the country’s history, let me paint you a picture of what your life would look like.

The Bad Old Days

Your childhood in the optimistic post–World War I era would be joyful, but these good years would be short lived.

In your adolescence, you would witness your parents’ rising fear of global economic depression and the subsequent rise of Adolf Hitler to power in neighboring Germany. During the Nazi occupation in 1939 to 1945 you would become a slave in the war factories. Some of your friends — still kids — would die due to the atrocious conditions.

There would be a few good years after the war. Though your home country was ravaged and lost most of its gold to Nazi plunderers (happily assisted by the Bank of England and the Bank for International Settlement), at least it was finally free. However, any optimism would be quickly ground under a communist boot, when the Moscow-directed Communist Party of Czechoslovakia seized power in 1948.

Source link Bitcoin Magazine

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