Part 1 - The Wake-Up Call
Born Into Debt – The Invisible Chains of the Modern World
In these quiet hours, my thoughts drift from the heavy burden of global debt to the potential for change. The current system is unsustainable, and its consequences are far-reaching, not only affecting us today but setting the stage for generations to come. Governments continue to print money, inflate economies, and pass the inevitable burden to those who will inherit this mess.
In my previous blog, I explored how the archaic nature of our property conveyancing system might be reimagined through asset tokenisation. This was only a glimpse of what’s possible. If we can think creatively in one area, why not extend this innovation to our broader financial systems?
Bitcoin, introduced in 2008 as a decentralised digital asset, offers a glimpse of such innovation. When I first encountered Bitcoin in 2013, it was worth around £250 per coin. Today, it has soared to over $100,000. This surge is not just about financial growth—it reflects the growing acceptance of Bitcoin’s core principles.
Bitcoin’s fixed supply of 21 million coins and its halving mechanism, which reduces new issuance over time, presents a stark contrast to the inflationary nature of fiat currencies. If we could tether global debt to such an asset, with its ever-increasing demand and fixed supply, we could see the value of Bitcoin rise even higher—perhaps to $1 million per coin, or even $13 million after the 2028 halving.
Integrating Bitcoin into our financial systems wouldn’t just stabilise economies; it could break the cycle of debt that has shackled us for so long, offering future generations a chance to thrive. This isn’t merely about accumulating wealth; it’s about rethinking value, trust, and economic freedom.
Though this vision may seem ambitious, the technology is already here. The question is, do we have the will to act?
In the end, my focus isn’t on the weight of debt, but on forging a path to liberate future generations from its invisible chains.
As always, I welcome your thoughts and feedback.