How We Got Here
Three events. Three shocks. One solution.
The Nixon Shock
President Nixon announces the US will no longer redeem dollars for gold — unilaterally ending the Bretton Woods system. The dollar, once "as good as gold," becomes pure fiat: money backed by nothing but trust in government.
"I have directed Secretary Connally to suspend temporarily the convertibility of the dollar into gold." — Richard Nixon, August 15, 1971
Global Financial Crisis
Decades of fiat money creation and fractional-reserve banking culminate in a systemic collapse. Banks are "too big to fail." Governments print trillions in bailouts. The game is exposed.
Bitcoin Genesis
Satoshi Nakamoto mines the first Bitcoin block. Embedded in the genesis block, a headline:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
A direct commentary on the fiat system. Sound money, reimagined for the internet age. Fixed supply. Decentralized. Permissionless. Unconfiscatable.