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Bitcoin is the exit from a monetary system that punishes savers. That's the simplest way I can put it.
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Question everything the consensus tells you about money. Especially the people printing it.
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First principles thinking applied to money leads you to a very uncomfortable conclusion about fiat currency.
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I spent years studying Buffett and Graham. Then I studied monetary history and realized the denominator matters as much as the numerator.
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Every government will try to cover its fiscal sins by printing money, and the currency will lose value over time. This is not a theory. This is history.
monetary-policy— Tomorrow's Gold, 2002
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The Fed thinks it controls the money supply. The eurodollar system proves it doesn't.