This article examines the history of taxation and government debt, from medieval tithes to modern policies, highlighting recurring issues of mismanagement and unsustainable borrowing. Historical examples like the Southsea Bubble and Napoleonic Wars illustrate the consequences of financial overreach.
In modern times, UK economic strategies, whether Conservative or Labour, are critiqued for failing to address the nation’s £2.6 trillion debt effectively. The article proposes Bitcoin as a transformative solution, offering decentralization and transparency to prevent manipulation and promote accountability in public spending. Despite its potential, widespread adoption faces resistance from those benefiting from the current system.
Since Bitcoin’s inception, it has frequently drawn comparisons to the Tulip Mania of the 17th century, where the price of tulip bulbs skyrocketed and then crashed dramatically. While Bitcoin has experienced similar surges and declines, its resilience over 15 years sets it apart from the short-lived Tulip Bubble. This essay explores the historical context of financial bubbles, the evolution of legal and economic structures, and the unique characteristics of Bitcoin that differentiate it from past speculative frenzies. By examining the encoded rules of Bitcoin and its resistance to governmental manipulation, we uncover why Bitcoin is poised to be a revolutionary asset in the financial world.
As Western democracies face a year of elections, this article outlines how money has supported the development and growth of politics and governments through the last 300 years of history. Governments need the support of central banks to continue to function. I explore how that will change in a new economic world based on Bitcoin.
Do you need clarification on the subject of inflation? Read here as Victoria explains how the problem of inflation has evolved since the creation of the Bank of England four hundred years ago, and learn how knowing this can help you navigate current circumstances.
Learn about our forthcoming event in Nottingham on 6 April 2024 – The Bitcoin Fest!
Here, I interview one of the main organisers – Chris, in the first-ever livestream for Satoshi’s Page.
The world’s financial system does not just rely on central banking; in fact, companies’ need for banking services drove their invention. Discover the potential consequences in this latest newsletter as the US Securities Exchange Commission approves exchange-traded funds for Bitcoin.
In this newsletter, Bitcoin & Debt, I enlighten you on how debt, rather than gold, has become the foundation of our modern money system. I provide another chapter, assisting you in successfully navigating our world’s financial minefield and emphasising why this makes Bitcoin, as a form of sound money, so important.
Do you want to know how banking evolved? Do you want a more straightforward understanding of why the financial system is as complicated as it is today? Life has taught me that something is usually being hidden when things get complex. The truth is often far simpler than you think. By exploring history, we will find the answers to the evolution of the complexities of modern banking in this newsletter.
In this article, Victoria discusses the circumstances surrounding the South Sea Bubble in 1720 and how the creation of currency led to a financial crisis, which impacts us even today. There were limited solutions then, but now Bitcoin can fix this.
If Bitcoin is Digital Gold, what would it mean if it allowed us to replicate The Gold Standard? Find out with an analysis of the issues with this newsletter.
