On February 19, the Canadian podcaster and Freedomain Radio host, Stefan Molyneux, discussed his thoughts about bitcoin following the crypto assetâ€™s tumultuous rise capturing over a trillion-dollar market valuation. Molyneuxâ€™s recent speech describes the liberating potential bitcoin could bring to the masses and how the crypto network has the ability to change humanity for the better.
â€˜Bitcoin Is a Currency That Serves the People at the Expense of the Parasitesâ€™
Just recently the crypto evangelist and philosopher, Stefan Molyneux, spoke about the Bitcoin blockchain in great detail. Molyneux opened his speech by answering a question about BTC and ETH having a hard time scaling. The Freedomain radio host said that it is good to critique, but that people in the crypto space wouldnâ€™t give up so easily.
Molyneux mentioned that bitcoinâ€™s market capitalization just crossed the trillion-dollar milestone and noted that the people who have added that value wonâ€™t throw in the towel. He insisted that many crypto proponents have given a decade of their lives toward spreading adoption, and mentioned there are solutions like bitcoin cash (BCH) and the Lightning Network.
â€œThe Bitcoin community is composed of just about the most brilliant, and economically and ideologically motivated human beings on the planet,â€ Molyneux stresses in his video. â€œBet against them at your freaking peril, because Bitcoin is not just an alternative currency, itâ€™s not just a store of value, itâ€™s not just a cool public ledger. Bitcoin is a passionate FU to the powers that be,â€ Molyneux adds.
The Freedomain philosopher continues: â€œBitcoin, as Iâ€™ve argued publicly in speeches many years agoâ€” Bitcoin is the potential end to war, to end hyperinflation, to end intergenerational debtâ€” Bitcoin is a mission of mercy to the futureâ€” Bitcoin is the Jesus to the new conference of the religion of peace called crypto. Bitcoin is the people regaining control over their currency for the first time in the history of the worldâ€” Bitcoin is currency democratized, unpolitized, unpredatored.â€
Todayâ€™s Fiat Currency Is Slavery Tethered to Unborn Generations
The philosopher continues by commending the Bitcoin community and says that the people in crypto are â€œseriously brilliant.â€ Beautiful and â€œderanged people,â€ he says that are â€œcommitted to the future of peace and plenty that Bitcoin could represent.â€
Molyneux further notes that the current fiat currency distributed by the worldâ€™s oligarchic bureaucracy is â€œslavery.â€
â€œWhat we understand is currency now is slavery. The currency is summoned into existence at the expense of your childrenâ€™s futures. What you think of as a dollar sign is a slow jugular sucking noose twined and twisted around the necks of your children,â€ Molyneux reveals.
National debt, Molyneux continues to highlight is â€œa real human trafficking problem.â€ You need to understand the Bitcoin space he adds. â€œThe passion that these incredibly brilliant people have brought to bear on the oldest human problemâ€” How do you store a value so that thieving predatory vampiric assholes canâ€™t get their jugular sucking tentacles on it at all times? How do you store value so that you can actually come back to it?â€ Molyneux asked.
â€˜The Likes of a Revolution That We Have Never Ever Ever Seen Before in Human Historyâ€™
Molyneux says that humans are all about storing value and in the evangelistâ€™s opinion, the storage and retention of value is everything in life. â€œBy creating something that can store value outside the state, that is the likes of a revolution that we have never ever ever seen before in human history,â€ the philosopher insists.
â€œIf shells on some island are the currency,â€ Molyneux details in an analogy. â€œThen you need three shells a day to live, and if you get four shells, someoneâ€™s gonna take the fourth shell. Then tomorrow you wonâ€™t bother to get the fourth shell. You just stick with getting three shells and nothing will ever progress, because nothing can be saved or stored up in value. Nothing ever gets built because everything you build is going to be taken away from you,â€ he added.
Molyneux continues: â€œImagineâ€¦ everything you build is going to get taken away. Itâ€™s happening [right] now, you understand. Everything you have built is already taken away by unfunded liabilities, national debt, inflationâ€” Everything you build is already taken away. You are just holding it now to have it for a little while to give you the illusion so you can go to work tomorrow.â€
Bitcoin Represents a New Financial System That Doesnâ€™t Leverage the Unborn as Collateral
Molyneux says you can have a house. But itâ€™s really not your house. He highlights that you have to pay the government every year to keep it.
â€œAnd the government put it in so much debt and you in so much debt, that itâ€™s gonna be owned by some foreign bankster, at some point,â€ Molyneuxâ€™s speech details. â€œOr the entire currency is going to collapse and society goes back to savage gangs and you lose your house. You pretend you have a house, you pretend you have electricity, you pretend you have a car, you pretend you have everything but you have nothing.â€
The Freedomain radio host further says:
Bitcoin has changed this course, Molyneux emphasizes. Bitcoin is the first of its kind that can actually keep parasites away from stealing value he notes. He says that the society we live in today treats babies and the unborn as â€œcollateral.â€ Bitcoin can bolster a system that does away with such an immoral system.
â€œIf you generally understood how much debt was taken out on your behalf just because you are breathing,â€ Molyneux notes. â€œIf you genuinely looked at that math, you can find it pretty easy,â€ he added.
Molyneuxâ€™s speech continues for another 20 minutes longer, and news.Bitcoin.com readers can watch the rest of his speech here.
What do you think about Stefan Molyneuxâ€™s recent Bitcoin speech? Let us know what you think about this subject in the comments section below.
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