Escape the fiat farm: How Bitcoin breaks the chains of ‘wage slavery’

If you enactment successful a nine-to-five for diminishing wages and dwindling self-respect, the writer of The Bitcoin Age (Amazon affiliate link), Adam Livingston, says Bitcoin tin assistance you interruption the chains of ‘wage slavery’. Let’s instrumentality a person look.

Wage slavery: you are not employed, you are monetized

In today’s economy, astir radical similar to deliberation of themselves arsenic “employed.” Working hard, gathering a career, and moving up the ladder. Well, it’s clip to aftermath up and odor the coffee, arsenic Livingston bluntly warns:

“You merchantability your clip for melting tokens that depreciate portion you beryllium successful postulation and rehearse what you’re going to accidental to HR aft different Pizza Party raise.”

This rhythm is what helium calls wage slavery. You speech hours of your beingness for currency that loses worth by the day. The “grind” isn’t conscionable a fig of speech; it’s real.

Livingston points to the rigged strategy we’re surviving successful arsenic prices rise, wages stagnate, and the status imagination fades further into the background. Rents are up by much than 40%, eggs person go a luxury item, and salaries are frozen successful time.

“The wealth printer goes brrr. Your paycheck goes missing. The strategy isn’t broken. It’s conscionable not for you.”

The purchasing powerfulness of the U.S. dollar has fallen by astir 95% since the 1970s. Imagine leaving your hard-earned wages successful a slope for 50 years.

A Visual Capitalist timeline illustration showing however the U.S. dollar’s purchasing powerfulness has plunged since 1913, marking cardinal argumentation events similar the Fed’s creation, golden modular exit, and QE, with examples of what $1 could bargain crossed the decades. Credit: Bureau of Labor Statistics

That’s not all: In 1970, the mean UK location outgo little than 3 times the mean yearly wage; by 2025, it’s much than seven times the mean wage. Buying a location has go dramatically little affordable for the mean idiosyncratic implicit the past 55 years.

On the ‘fiat farm’, you get milked for your labor, sheared by taxes and inflation, and harvested for “productivity metrics” and Slack messages.

“They telephone it ‘the grind’ due to the fact that you’re getting crushed into paste.”

It’s a rigged, extractive machine, and opting retired isn’t astir protestation oregon riot. It’s astir softly walking distant from dependence connected the system.

All is not lost: Bitcoin arsenic a clip machine

If you’re acceptable to get disconnected the sinking ship, Bitcoin is your liferaft. Livingston describes Bitcoin not arsenic a speculative gamble, but arsenic a clip instrumentality for mediocre people:

“It doesn’t inflate. It doesn’t lie. It doesn’t inquire permission. You’re not buying magic net money. You’re buying backmost your future. One sat astatine a time.”

Where fiat is designed to decay, Bitcoin offers a fixed supply, enforced by codification alternatively than governmental whim. Compounding the occupation of wage slavery is the information that you’ve been fixed mediocre concern proposal each your life, according to Livingston. Traditional fiscal proposal sounds harmless connected the surface:

“Buy bonds.”

“Diversify.”

“Mutual funds are safe.”

But diversification is conscionable managed poverty, helium argues. The constituent isn’t to mindlessly spray wealth crossed plus classes that each descend with inflation; it’s to flight the strategy driving that decline.

“But I’m broke!” you argue, I can’t adjacent prevention for my vacation, fto unsocial enactment wealth speech for my fiscal future. That’s a bully thing, Livingston argues, flipping the accustomed fearfulness connected its head:

“That means you’re paying attention.”

Stacking Bitcoin isn’t astir being rich. “It’s astir not disappearing.” Even $5 a time matters. So, chopped Netflix. Cancel the aimless brunches, and commencement reclaiming your sovereignty 1 sat astatine a time.

The station Escape the fiat farm: How Bitcoin breaks the chains of ‘wage slavery’ appeared archetypal connected CryptoSlate.