Modern Serfdom Model And Bitcoin Escape


Real estate ownership is the core aspiration driving the Modern Serfdom Model. Debt — and in particular, mortgages — is the mechanism that binds the serf to the system. Inflation covertly moves the finishing line further away each year. This is a game that’s impossible to win. The bad news is it’s getting even harder. But there are two pieces of good news. First, the model is close to its breaking point because home ownership is out of reach for almost all young people. Second, everyone, regardless of age, wealth or circumstances, has bitcoin as an escape hatch. On the system in which we indoctrinate people into this feudalism, Allan Watts said,

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