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The Crypto Capitalist Manifesto
- The Great Reset Is a Monetary Regime Change
- Narrated by: Russell Newton
- Length: 1 hr and 16 mins
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Summary
Originally published online in early 2021, The Crypto Capitalist Manifesto provides an introductory framework that answers the question "Why crypto? Why Bitcoin? Why now?".
Authored by internet veteran and Bitcoin OG Mark E. Jeftovic (CEO of Toronto-based easyDNS Technologies), Jeftovic makes the case that the tectonic shifts and discord we are experiencing today on a widespread basis stem primarily from a coming "monetary regime change".
The world is not just undergoing a process of eschewing the US Dollar as global reserve currency, but the end of a debt-supercycle, and in fact the demise of "fiat" currencies everywhere.
The monetary regime change thesis provides an explanatory narrative around multiple global shifts: the drive toward Central Bank Digital Currencies (CBDCs), the rolling crises in global debt markets, and banking system instability.
In the context of the monetary regime change thesis, even the seemingly coordinated drive toward combatting "climate change" can be seen for what it really is: an ideological narrative to rationalize forced austerity on populations and economies that have become addicted, not to carbon, but to debt.
The author originally forecast many of the developments in The Manifesto over the coming 15 to 20 years, both he - and the world at large - were astonished at how quickly many of the prognostications within the book began to take shape: capital controls, weaponization of the banking system and the spectre of de-dollarization.
Against these historic shifts, a counterforce is rising: the incentives and impetus toward decentralization and cryptocurrencies, with Bitcoin being foremost among them, are now undeniable and gathering momentum.
It is both early in this shift, but it is unfolding more rapidly than even the author suspected.
Do yourself and your family a favour and listen to this short essay today.