The Biggest Danger for the Coming Years Is Not Owning Bitcoin
By: Sylvain Saurel
Tags: Bitcoin, Investing, Cryptocurrency, Btc, Cryptocurrency Investment

The Biggest Danger for the Coming Years Is Not Owning Bitcoin

Illustration by Sylvain Saurel

The year 2020 will forever be remembered as a special year for the world. In a few weeks, all the certainties we had were gone. The coronavirus pandemic has clearly reshuffled the cards.

On a scale not seen in decades, this pandemic showed how unprepared we were for such an event. The governments of the world’s major economic powers had not anticipated anything. Yet it is the role of our politicians to prepare for such worst-case scenarios.

But again, they failed.

Many now believe that pandemics of this type are the greatest dangers we will face in the years to come. Indeed, it is certain that other viruses such as COVID-19 will spread around the world at great speed in the future.

Others will tell you that the biggest danger for the coming years will be the cold war between the United States and China for the status of the world’s leading superpower.

The United States is currently, by far, the world’s leading economic and military power. Nevertheless, China’s current trajectory suggests that the country of Xi Jinping will be able to overtake the United States as early as 2030. In any case, this is the objective pursued by Xi Jinping.

To achieve this, Xi Jinping is carrying out various ultra-ambitious projects, with the Belt and Road Initiative, but also the e-RMB. China is ahead of all other countries in the world in the field of central bank digital currencies (CBDC). With its e-RMB, which is already in full-scale testing in major Chinese cities, China aims to break the monopoly of the U.S. dollar.

There is no guarantee that China will succeed. However, we can recognize that China is giving itself the means to achieve its ambitions.

The Cold War between the United States and China is therefore inevitable. Some even fear that this war will become total sooner or later. This is indeed a possible scenario. It is more pessimistic, I grant you, but many fear it.

Other people have much more superficial problems in their lives. These people will tell you that the biggest danger they perceive is, for example, having their social media account banned. For some people, losing their Twitter, Instagram, or Facebook account would be a tragedy.

I hope that people who feel this way are in the minority, but when I see how some people are addicted to their smartphones and social networks, I have serious doubts.

Of all the dangers that people perceive for the coming years, the biggest in my opinion is not owning Bitcoin.

People who read this statement will think that I am foolish to say such things. These people do not realize the real dangers that await them in the future. Pandemics like coronavirus are one thing, the danger of a war between two great world powers is a worrisome prospect.

But the prospect of seeing your hard-earned wealth stolen away by monetary inflation is something even more worrisome. Worse still is the prospect of the mass surveillance society that many states may be tempted to establish in the future.

Once CBDC are deployed all around the world, States will seek to eliminate cash so that they can better control your money. They will be able to confiscate what you have even more easily than they can now with the banking system. They will be able to censor your transactions for totally arbitrary reasons.

Some people think they are safe because they live in a great Western democracy. Unfortunately, these people seem to forget that freedom is never really acquired. One must always fight to keep it. This is your duty as a citizen.

What is currently happening in China with the establishment of a mass surveillance society may very well happen one day soon in European countries or the United States. If citizens do not fight to keep their freedom, politicians will soon be taking a little bit more from them each time.

To protect yourself, you must opt for Bitcoin. The electronic money invented by Satoshi Nakamoto is the best weapon at your disposal to protect your wealth in the face of the great monetary inflation in a censor-proof way.

By purchasing Bitcoin, and holding the private keys associated with your BTC, you will be in total control. You will protect your hard-earned money from both monetary inflation and censorship. You will be able to opt for a low time preference.

In a world of the future where everything will be digital, Bitcoin will be your weapon to ensure your freedom when it comes to money. Few people realize it yet, but it is something essential. Over time, more and more people will realize it.

Once you have joined the camp of those who have understood why buying Bitcoin is vital for the years to come, you will realize that my assertion was far from exaggerated. At that point, you will be ready to change your life forever by buying Bitcoin.