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Sunday, December 4, 2022

Bitcoin And An Addiction To Debt

The life of an addict is characterized by three stages: active addiction, rock bottom and recovery. These stages can overlap, reverse, repeat and do not necessarily occur sequentially. Generally speaking, however, every recovering addict walks this path.

It is this author’s opinion that, first of all, addiction is a problem of pandemic proportions. Second, the addiction pandemic is manifest within our systems of money creation and debt. Third, we’re heading for rock bottom. And, finally, this will bring about the opportunity for recovery, with Bitcoin being a crucial part of that effort.

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