The Monetization Of Desensitization
Without going too deeply into the weeds, I want to begin by pointing out the multitude of issues we are currently facing.
Suffice it to say, there is a lot of $*it going on. Unfortunately, much of it should be inconceivable for a community that considers itself as advanced, well-resourced, and civilized as we do. I will leave it at that.
We have been desensitized to the things that ought to matter the most. And the things that ought to matter most should be defined using a criteria that reduces the largest amount of suffering for the maximum number of living beings.
Whether this desensitization comes as a result of intentional origins (“Deep State control”) or is inherent within man’s nature, we’ve allowed ourselves to become desensitized to the largest sources of suffering in our species and those of those living among us.
It’s likely a combination of intentional origins and man’s inherent nature t, in addition to a myriad of others, that are the sources behind our desensitized world.
In place of highlighting the issues of value and importance, we plaster over them with this sort of noise.
Pretty ground breaking material, I know.
The reason I believe this desensitization has reached new heights is because of our internal code that drives us to compete for survival. Only the fittest survive, and for better or worse, fitness is defined primarily by material means these days.
And living in a post-9/11, post-2008 GFC world, the zeitgeist is defined by getting what is yours prior to others getting what is theirs. We live in a world defined by a scarcity mindset, rather than an abundance mindset.
The state of mental health ties directly into all of this. The current global mental health crisis is manifesting itself in drug addiction, suicide, depression, anxiety, PTSD, school shootings, poverty, homelessness, malnutrition and countless others that will only become clearer with time.
We are living in a zeitgeist of fear, uncertainty and above all else, competition. And this competition is driven by our human DNA. Even if the majority do not like to acknowledge this as the reality, it is evident that they are aware of it and are behaving in accordance with this reality.
9/11, the 2008 Great Financial Crisis, the resulting conflicts in the Middle East, domestic surveillance states driven by big tech, and a predominantly money-hungry culture have had a very influential impact on the course of my life, just as they so clearly have on the courses of the lives around me.
Focusing in on the matter at hand, finances, the 2008 GFC has had a lasting impact that can still be felt in markets today.
Many are becoming overly complacent in the post-2008 financial world of ours that has priced risk using the cheapest valuations in history. In other words, risk is severely undervalued.
This is a result of many things, but the main culprit lies in the tweaking of interest rates by central banks by means of saturating bond markets with “printed” money. This is of the utmost of significance because a post-9/11, post-2008 GFC world has been defined by “vote with your dollar!”
However, what central bankers, politicians, and the corporatocracy have achieved via quantitative easing is ensuring that your dollar vote carries no weight. Vote with your dollar as you please, but the powers that be can simply print 1000 times as many dollars to vote in their favor, overriding your vote in the process.
Interest rates are the price of money. They serve as a baseline pricing mechanism that the global marketplace uses to price other assets with various risk profiles.
Which is a roundabout way to say that the Honey Nut Cheerios you buy are priced in such a way that General Mills takes into account current, and projected, interest rates. Interest rates determine the price of everything. Most importantly, risk.
What many fail to recognize is that financial risk is directly linked to the many other incarnations of risk: social friction, political upheaval, armed conflict.
It literally, and figuratively, pays to pay attention to financial risk.
Taking into consideration the zeitgeist of our times, the collective consciousness of post-9/11, post-2008 men and women of all demographics, the fact that we have been desensitized to some of the largest sources of suffering in our world, and I firmly believe that a turning point is growing closer than we believe.
And in this turning point, where I expect the most wealth to be generated will be in Bitcoin. I use Bitcoin in reference to the currency itself, but also as a proxy for the wider digital asset space.
“Great, another article on Bitcoin,” she says.
That’s right. The price has corrected to a range that is returning to levels of health and sustainability. Of course, the coverage of the space will lead you to believe that now is a dangerous time to be getting in. There are hacks all the time. It is not safe. It’s not backed by anything. It’s rat poison.
All that noise aside, I just want to point out that of all things to be desensitized to in this life, I find it foolhardy to be desensitized to your financial prospects. As I have stated before, personal finances are merely an extension of your well-being, a proxy for the likelihood of your survival.
This is not to say that the pursuit of money is everything in life (remember money reflects your time), but I do not think I must explain myself in saying that it is not very often I encounter an individual who wishes she/he had less money.
Desensitize yourself to the fear and the misinformation being spread around with regards to the world around you.
Whether it be in politics, social issues, religion, war, race, and yes, crypto assets, like Bitcoin.
Instead, sensitize yourself to the issues that truly matter. Financial freedom, peace of mind, family and friends, and health are a fantastic place to begin.
When you really think about it, the largest structural trends with the most momentum these days are those that help people re-align their sensitivities.
Yoga (mindfulness), clean eating and juicing (detoxing), social media ( finding friends), dating services (finding love), and all sorts of shared economy services (sharing with others).
While people may be saying one thing, it pays to pay attention to what they do instead.
And what I see people doing is asking more questions, working to understand more complex structures like that of our monetary system, that of our political system, that of the concept of nation-states, looking to increase incomes via entrepreneurial means, learning new skills on the side, and looking to hedge and to adapt to a changing world all while finding a tribe or community to share their experiences with.
All of what I see people doing plays bullishly into an alternative asset that draws its capital from a base of individuals who, more so than anything else, are looking to adapt and evolve.
Whatever people say are words lost to the winds of time, and ought to be treated as such.
Much like investing in the commodities space, anytime you can invest in a commodity at, or below, the price of production then you are placing yourself into an opportunistic position to capitalize on rising prices. Of course, the major risk in this assumption is that said commodity demand with outpace supply (and as always, timing), which is clearly going to be the case with Bitcoin as evidenced by people’s actions, not their words.
Do us both a favor, would you?
Create a plan for starting a position in Bitcoin in this price range (approaching the cost of mining ,or cheaper) and share this article.
Can this argument not also be applied to gold and other precious metals and inflationary hedges? You bet it can.
I am not saying go all-in on crypto, but instead, view them as call options on a narrative that is, again, increasingly skeptical of anything and everything that was established within the last 50+ years by those who wish to sow disinformation en route to reaping more rewards.
Or, to keep with convention of the commodities space, treat Bitcoin as you would a speculative metals miner who has substantial leverage to the price of the underlying narrative and asset.
DISCLAIMER : This content is for informational, educational and research purposes only. This post is not to be taken as personalized investment advice.