Britain’s national debt is approaching £3 trillion and is projected to rise well beyond that in the coming years. Debt interest alone is expected to rival or exceed core public services such as defence and education. This is not an accident. It is the predictable outcome of a debt-based monetary system. In fiat systems, deficits are not treated as constraints. They are treated as tools. When spending exceeds revenue, governments borrow. When borrowing grows too large, currencies are expanded to service the debt. The cost is shifted from the balance sheet to the currency. Austrian economics explains this clearly. Debt does not create growth. It reallocates future purchasing power to the present. When borrowing becomes structural rather than temporary, it distorts incentives. Capital flows toward politically favoured spending rather than productive investment. Real wages stagnate. Asset prices rise. Living costs increase faster than incomes. Rising debt interest is the signal that the system is tightening. More resources are required just to maintain past promises. Less capital is available for innovation, productivity, and real growth. The result is higher taxes, higher inflation, or both. This is why unemployment rises even as governments spend more. This is why living standards fall despite record budgets. Hard money systems behave differently. When money cannot be expanded at will, debt must be justified by real returns. Bad investments fail quickly. Capital is allocated more carefully. Growth comes from productivity, not leverage. Bitcoin exists outside this framework. It has no issuer. It cannot be borrowed into existence. Its supply does not expand to service political promises. #Bitcoin does not fix government debt. It exposes it. As sovereign debt grows, the demand for money that cannot be debased increases. That demand is not ideological. It is economic. This is the function of hard money. Not to create growth, but to measure it honestly. When the measuring stick stops shrinking, the problem becomes visible. https://www.perplexity.ai/page/britain-s-national-debt-set-to-9M2jPgf9QKakBxT16d3KYQ

Price is not value. Price is an expression in a unit of account. Value is purchasing power over time. When the unit of account weakens, prices rise even if nothing real has changed. This is not growth. It is dilution. Fiat currencies expand by design. As supply increases, each unit represents less claim on real goods and services. Prices adjust upward to reflect this loss. Wages lag prices because wages are reactive, not instant. They are renegotiated periodically. Prices reprice continuously. The gap is the hidden tax paid by labour. This is why people feel poorer even when GDP rises and salaries increase. The measuring stick is shrinking faster than income adjusts. Hard money exposes this reality. When the monetary unit does not expand, value shows up as: • Falling prices • Higher quality • Increased purchasing power Productivity is no longer masked by monetary debasement. Progress becomes visible instead of distorted. Bitcoin does not make things more expensive. It makes the currency honest. Price fluctuates. Value is preserved. Confusing the two leads to false conclusions. #Bitcoin #HardMoney #Finance #Value #FiatCurrencies

A new year is a natural reset. People set goals. They reassess what matters. They decide where to direct their time, energy, and effort. This makes it a good moment to think about money. Money is not wealth. It is a tool for measuring and storing the value you create. When the measuring stick is unstable, effort is distorted. Productivity is punished. Long-term thinking becomes difficult. For decades, most people have been forced to trade their time for a currency that loses purchasing power by design. The result is predictable: higher risk, more speculation, less saving, and constant pressure to chase returns just to stand still. Hard money changes the incentive structure. When money holds its value: • Saving becomes rational. • Long-term planning becomes possible. • Productivity is rewarded instead of diluted. Bitcoin represents this shift. Not as a get-rich-quick scheme. Not as a trade. Not as a yield product. But as a fixed-supply monetary system with no issuer, no discretion, and no need for trust. In a Bitcoin standard, progress shows up differently. Not primarily through rising prices, but through: • Falling costs • Better tools • Higher quality • More efficient coordination The goal isn’t to “number go up.” The goal is to produce more value with less waste, and store that value honestly. As this year begins, the question isn’t: “How do I make more money?” It’s: “What am I building?” “What value am I creating?” “And what money do I store that value in?” Hard money rewards patience. It rewards discipline. It rewards real work. That is a good foundation for any year ahead. #Bitcoin #NewYear #Productivity #ValueCreation