In the modern economic system, the so-called 'making money' is essentially a game of racing against debt issuance. Central banks and governments continuously print money and issue debt, diluting the purchasing power of existing currency. Individuals or businesses looking to maintain or increase their wealth must create value or generate returns at a faster pace, or they'll get devoured by inflation and debt expansion. This isn’t just about wealth creation; it’s a zero-sum or negative-sum competition: those who run faster can survive temporarily in the tide of currency devaluation. The brief clarity brought on by caffeine might reflect the anxiety and fatigue people feel in this game.
If debt issuance stops, the rules of the game will change completely. If the money supply remains stable and prices no longer rise due to artificial expansion, then 'making money' will no longer be a survival necessity. People will just need to earn through labor and save wisely to achieve long-term wealth preservation and accumulation. Saving will become a real wealth storage tool, not just an illusion eroded by inflation. The current obsession with 'making money' stems from debt-driven monetary policy, which forces society to participate in an endless race. Halting debt expansion might return the economy to a more natural state of balance, reducing speculation and anxiety, and getting back to the roots of production and saving.
The crypto space is definitely influenced by this logic. Many folks see it as an emerging 'industry,' buzzing about projects, ecosystems, and use cases. However, this perception reveals a total lack of understanding of what crypto really is. Core crypto assets like Bitcoin aren't traditional industries; they're first and foremost a critique and alternative to the existing fiat and debt system. It aims to break the inflation game driven by sovereign debt through fixed supply (like the 21 million cap) and decentralized mechanisms. Treating it like a regular industry, focusing on short-term speculation, narratives, and regulatory arbitrage, actually overlooks its fundamental properties as a 'hard currency' and store of value.
In summary, grasping the essence of the debt-defying nature of making money helps to see the deeper mechanics of economic functioning. Stopping reckless debt issuance and returning to stable currency is the fundamental way to tackle wealth anxiety. The value of crypto lies not in whether it constitutes a thriving 'industry,' but in whether it can offer humanity an alternative to escape the debt race. This reflection transcends technology or investment realms and directly addresses core issues of monetary sovereignty and personal freedom.