Member-only story
We’re All Trapped in a Debt Cycle — But Bitcoin Offers a Real Reset
When debt becomes power, money stops being yours.
Imagine your grandfather putting a single dollar bill into a shoebox back in 1913. Over a century later, you open the box, hold up that dusty dollar, and realize something uncomfortable: it’s almost worthless.
That dollar he tucked away could have bought a day’s worth of groceries in his time. Today, it can barely buy a candy bar. It didn’t degrade physically — it’s still a piece of paper with green ink and historical symbols. But somehow, silently and persistently, it lost its power.
This isn’t some economics lesson, don’t get me wrong. It’s personal. It’s your rent increasing, your grocery budget stretching thinner, your savings losing ground. And at the root of all this isn’t some mysterious force — it’s debt…
But Debt is Not About Money. It’s About Power.
David Graeber, the anthropologist who spent decades studying debt, told a story that stuck with me. At a gathering, he described to a well-meaning person how IMF-enforced debt repayments had forced Madagascar to cut a mosquito eradication program, leading to the deaths of thousands of children. After hearing this horrifying outcome, the woman responded instinctively, “Well, debts must be paid.”
That reaction, deeply ingrained in our minds, reveals a troubling truth: