The date is October 20th, 2025 and I am operating a grain cart with too much time to be in my thoughts. Thanks to my uncle Ryan, also known as “The Conservative Blind Guy”, here I am attempting to post my own blog and share some insights I have accrued through the last 4-5 years of “adulthood” since graduating from college. Maybe I’ll call myself “The Bitcoin Ag Guy”. There ya go, that’s the preface for what this is even about in the first place. I’ll never be the type to go the social media influencer route so writing will have to suffice. For some people that know me have probably heard me rant about Bitcoin numerous times to no avail, as most of my words most likely went in one ear out the other. This has a tendency to be far worse after a couple of Busch lights in the system. My Bitcoin journey started in 2021 thanks to my current employer who introduced me to a cryptocurrency token called XRP. I will forever be grateful for that. To understand the importance and “why”of Bitcoin one must then understand several important topics regarding money and economics. What is money? What is the difference between Keynesian and Austrian economics? Why do we pay taxes when the government can print money out of thin air? Why is everything around us decreasing in quality but getting more expensive? Who thinks about these things anyway. Let’s grab a 30 pack and watch Nebraska football get crushed by Minnesota instead.
$37.4 Trillion. That is currently how much the United States is in debt. If you think this will be ever be paid off then I’m not sure what else to tell you. The irony I find in all of this is that for some reason governments are not accountable for debt but if you or I borrow money and miss payments we will have assets seized or just accrue more interest. “That’s just the way it is”. Right okay dad. Did you know that in 2020 the Fed printed roughly $3.3 Trillion USD? This was also the answer to the 2008 housing market crisis. Everything changed when Richard Nixon used emergency powers to take the United States off the gold standard in 1971. The US had printed more dollars than they had gold to back it and this is when the monetary circus was created. If you are asking yourself why this matters then allow me to enlighten you. Money printing=currency counterfeiting. Inflation=theft. Time is money right? Inflation and money printing is theft of your future spending power. This may sound extreme but if you or I created new dollars it would be called counterfeiting and we would go to prison. No worries though it’s okay if the fed does it because it’s in our best interest, right? A common result of currency counterfeiting leads to the Cantillon Effect. The Cantillon effect describes how new money in an economy is not distributed evenly, leading to an uneven impact on prices and a redistribution of wealth. As new money is created and introduced, those closest to the source of creation, such as financial institutions and the wealthy, benefit first by buying assets at lower prices before inflation rises. By the time the money trickles down to the general public, prices have increased, and their purchasing power has decreased. Yes you read that correctly. The money that you and I go to work for every day loses its spending power every time money is printed by the government. This is precisely what happened during the COVID pandemic. The next time you think that prices of things have increased, I challenge you to reframe that thinking to I have simply lost more spending power because of currency debasement. Also consider the fact that money printing is the reason why essentially every war in the 20th century has been able to occur. For all of you history buffs out there this same currency debasement phenomenon occurred during the Roman Empire in the form of “coin clipping”. Coin clipping was the practice of shaving small amounts of precious metal (silver or gold) off the edges of coins. Over time, the shavings could be melted down and reused — effectively a form of monetary debasement or counterfeiting. It’s also important to keep in mind that every paper money in existence has always resulted in hyperinflation.
If you are still reading at this point I applaud you. Enter Bitcoin. What is Bitcoin? The answer to that question is extremely complex and there are thousands of pages of books out there to explain it. I’ll do my best to explain it in layman’s terms. Bitcoin was designed to be an electronic peer to peer cash system that required no intermediary, just an internet connection. It’s a global open sourced ledger that has a fixed supply of 21 million Bitcoin meaning there can never be any more of the currency created. Bitcoin’s famous white paper was conceived by either a person or group known by the alias Satoshi Nakamoto. This part is often what loses many of the baby boomers, Gen X, and Millennials. Don’t worry I will address the Satoshi subject eventually. Fast forward to January 9th, 2009 and the genesis block was conceived starting the bitcoin network as we know it today. Bitcoin is trust-less, permission-less, and runs off a set of mathematical rules that once again is not controlled by any government or entity, just computer code. Think of using Bitcoin like sending someone an email. To me Bitcoin is also a store of value and digital property. It is only your property when you hold your private keys and keep the Bitcoin on a cold storage wallet. Back to the Satoshi subject, it is really not interesting nor a care of mine who created Bitcoin. I believe “Satoshi” was a group of computer coders but that will always be up for debate. When one has done enough extensive research on the Bitcoin network itself and how it functions, who Satoshi is does not matter. He/she/they set in motion a monetary digital network fortress that is extremely difficult to topple because of how it is designed. This is my response to people who claim the CIA created Bitcoin. Many people who say that couldn’t even tell you the 3 things that compose the Bitcoin network. Another one that makes me chuckle is “my financial advisor told me not to buy it.” In my eyes that is like a taxi company telling people not to use uber, or a hotel telling people not to use Airbnb. Old systems will always fight innovation until they have no choice but to adapt or be left behind. Am I saying there is no place for financial advisors, no I am not. If they can’t tell you what a blockchain, Bitcoin, or cryptocurrency is in 2025 I would be concerned. When the largest asset manager on the planet in Blackrock is giving the green light on Bitcoin, what other signs do you need? It’s funny because anyone who has done a minimum of 10 hours of research into Bitcoin and how it functions is not opposed to anything about it. If you know anyone I’d love to hear it. And no, Peter Schiff doesn’t count. Fixed supply, peer to peer, no central authority…..this is why Bitcoin is superior to fiat money. After reading this if you still think governments are capable money managers then I am sorry. This short thread is microscopic in terms of information regarding Bitcoin so do extensive research until the light bulb comes on. The Bitcoin Standard by Saifedean Ammous is a great starting point. If you don’t have chat gpt or another AI model do yourself a favor and download it and start using it to learn about subjects discussed. I suppose I have to say that nothing in this blog is investment advice or an inducement to make a particular investment. There it’s professional now.
In closing I think people need to take into consideration this cyclical, toxic debt cycle we are engrained in and think about future consequences. I have already stated that every paper money that has ever existed ends in hyperinflation. This fiscal path we are on has no happy endings. If you are a baby boomer or Gen X you may think this doesn’t affect you and you may be right. However it affects your kids and your grandkids etc. As a society we cannot continue on this money printing path we are on. I truly believe that a lot of the problems in our society boil down to a money problem at the core. A financial reset of some sort is obviously needed at this point. What that looks like I have no idea. However what I do know is there will only ever be 21 million Bitcoin. I’m getting yelled at on the radio so I better get back to the combine so he can dump. Over and out.
The Bitcoin Ag Guy 