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Bitcoin Rapid-Fire
Bitcoiner Book Club: 'Secrets of the Federal Reserve' w/ Daniel Prince, Ray Youssef, & Jace Hartzler
Mar 29, 2023
02:37:26
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Quick takeaways
- The creation of the Federal Reserve System was driven by a desire for control over the financial pillar of society, enabling influence over media, politics, and the military.
- Understanding the ethical foundations behind systems of power and control is key in comprehending dynamics and working towards positive change.
- The podcast delves into spirituality and personal philosophies, exploring motivations and the role of spirituality in reconciling corruption in the world.
- The discussion highlights the historical context of supremacy, tracing its origins and influence throughout history on the motivations and actions of influential individuals.
- Bitcoin offers a unifying belief and strength to the community, aligning with principles of fairness and decentralization, and providing a way to opt out of the current financial system.
Deep dives
Motives behind the Federal Reserve System
The motives behind the creation of the Federal Reserve System are multi-faceted. While one might initially assume that the primary motivation is purely financial gain and power, a deeper examination reveals a more complex picture. The individuals involved in creating the system sought not only wealth, but also to establish control over the financial pillar of society. By controlling the financial pillar, they would have the influence and resources to manipulate the media, political systems, and even the militaries of the world. This ultimate goal of geopolitical control and power over society points to a motive that surpasses mere profit. Additionally, historical events such as World War I highlight the agenda behind these motivations, suggesting that there may be an underlying religious or ideological influence that propels these individuals towards their goals.
The Role of Ethical Principles
The book delves into the question of motives and explores the values and principles that inform the actions of those involved in the creation of the Federal Reserve System. It emphasizes that the choice of principles and values in the formation of systems of organization matter greatly. Systems built upon self-serving, exploitative principles can lead to destructive and degrading outcomes, whereas systems that adhere to fairness, unity, and harmony can produce more constructive and integrated results. Therefore, understanding the ethical foundations behind systems of power and control is essential in comprehending the dynamics at play and working towards positive change.
The Search for Truth in Spirituality
The podcast discussion also veers into the realm of spirituality and religion, prompted by the question of deeper motives behind the actions of those involved in the Federal Reserve System. The exploration of motives leads to an examination of personal philosophies and the pursuit of truth. The speakers express their journey in grappling with the questions of good and evil, the motivations of individuals, and the role of spirituality in reconciling the despair and corruption observed in the world. Recognizing the need for reconciliation within oneself and fostering understanding in others, they highlight the potential transformative power of aligning actions with values based on unity and truth.
The Historical Context of Supremacy
Another important aspect discussed in the podcast is the historical context of supremacy, dating back centuries. The meeting held in 1773 at Mayer Amschel Bauer's goldsmith shop, which later became the Rothschild family, highlights the origins of supremacist ideologies. The discussion delves into points made during that meeting, addressing ideas that prioritize self-interest over moral codes and the justification of any means necessary to achieve a desired outcome. This supremacist mindset, rooted in the belief of superiority, seeks to exert control and influence over others. Understanding the historical origins and pervasiveness of supremacy sheds light on the motivations and actions of influential individuals throughout history.
The Power of Bitcoin and Monotheism
Bitcoin is like monotheism in a sea of paganism and idolatry. It brings a unifying belief and strength to the Bitcoin community, as it is strongly defended and protected. Bitcoin's natural system allows money to flow freely, aligned with the principles of karma and fairness. The current financial system blocks this flow, concentrating wealth in the hands of a few. Removing these blockades and allowing the natural flow of money is crucial for progress.
Making the Current System Obsolete
Rather than fighting against a powerful system, the focus should be on building something that makes it irrelevant. This approach was embraced by those in the Hwala system, a peer-to-peer finance revolution that operated outside the control of the Roman Empire. Similarly, Bitcoin provides a way to opt out of the current financial system, allowing individuals to pursue freedom and self-sovereignty. By building alternative systems based on principles such as fairness and decentralization, we can render the existing system obsolete.
The Constant Process of Self-Reflection
In this hyper Bitcoinized world, progress will come from each individual's responsibility to engage in self-reflection and personal growth. Striving to dial down negative traits and increase positive ones, while avoiding an us-versus-them mentality, helps to maintain the proper orientation towards prosperity and peace. Rather than reacting to external problems, the focus should be on internal transformation. By making positive changes within ourselves, we contribute to a more generative and harmonious world.
Embracing Local and Tangible Assets
Part of the Bitcoin journey involves a shift from intangible assets to tangible ones. Emphasizing the exchange of real goods and services within local communities is a way to prepare for a future where Bitcoin has reshaped the financial landscape. Building local networks, cooperatives, and alternative systems of trade and barter can provide insurance and offset the current regime. It is through trial and error on a small scale that we discover what works and create a foundation for larger-scale change.
The Value of Freedom and Independence
One of the main ideas discussed in the podcast is the increasing appreciation for the value of freedom and independence, particularly in the context of Bitcoin. The speaker emphasizes how people who get involved with Bitcoin often experience a sense of control over their own money and a newfound sense of freedom. This leads them to seek out more areas in their lives where they can eliminate dependencies and establish independence. The speaker highlights the development of platforms like Noster as an example of how individuals are actively building tools and solutions to enhance their freedom and autonomy. The speaker believes that as more people experience the benefits of freedom, it will accelerate the adoption of Bitcoin and the development of parallel structures that prioritize independence and self-determination.
The Importance of Education and Reimagining Systems
Another key point discussed is the significance of education and the need to reimagine existing systems. The speaker acknowledges the flawed nature of the current education system, describing it as an inhumane trap that limits personal growth and free thought. They argue that humanity's potential could be significantly enhanced if individuals were given the opportunity to explore their interests and talents from an early age, free from the constraints of traditional schooling. The speaker also mentions the importance of addressing societal challenges such as access to food and the removal of unnecessary boundaries and borders. They propose creating parallel structures and networks that prioritize communication, distribution of goods and services, and the removal of restrictions like travel and citizenship. By focusing on these areas, the speaker believes that humanity can unlock its full potential and contribute to a future of prosperity and limitless possibilities.
This is another instalment in the 'Bitcoiner Book Club' series. When either myself, or others read a book that they thought was interesting, relevant to bitcoin, and worthy of further discussion, we put together one of these chats.
The guests reviewing the books are always different, and are usually included because they asked to be involved (I've found that 4 is a good number). The crew today is Daniel Prince (Host of the OnceBitten Podcast), Jace Hartzler (Bitcoiner), and Ray Youssef (Founder and CEO of Paxful).
Unsurprisingly, this discussion became more about the implications of the scenario which the book describes, and related subjects, more that a methodical review of the contents of the book itself. Of course, with a subject this large and influential, there are a million rabbit holes we could have gone down, which means we were inevitably unable to explore many of them. Hopefully what we did end up discussing was useful, interesting, or valuable nevertheless.
Enjoy!
--
More from the guys:
TWITTER (Dan): https://twitter.com/PrinceySOV
TWITTER (Ray): https://twitter.com/raypaxful
TWITTER (Jace): https://twitter.com/_hartzler
More from me:
TWITTER: http://bit.ly/2P7PUjA
YOUTUBE: https://bit.ly/3aBbZxg
MEDIUM: http://bit.ly/2Zk0Dex
SUBSTACK: Money Messiah
VIDA: https://vida.page/johnkvallis
NOSTR: npub1cqm6dztalp4l6n04f9k20c333xftgangjla337736dr6faz9na0qf2hjec
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