If you work with 9-5 people due to lower wages and lower self-esteem, the author of Bitcoin era (Amazon Affiliate Link), Adam Livingston says Bitcoin will help break the chain of “wage slavery.” Let’s take a closer look.
Wage Slavery: You are not employed, you are monetized
In today’s economy, most people consider themselves “employment.” Work hard, build a career, raise the ladder. Well, it’s time to wake up and smell the coffee, as Livingston candidly warns me.
“You sell your time to melt the tokens that depreciate while sitting in traffic and raise another pizza party and then rehearse what you say to HR.”
This cycle is what he calls wage slavery. You exchange your time in your life for currency that will lose its value by the day. “Grind” is more than just a speech. It’s real.
Livingston points to the equipped system we live in as prices rise, wages stagnate, and retirement dreams fade even further. Rent has increased by over 40%, eggs become luxurious items, and salary is frozen in time.
“Money printers will be brrr. Your pay will be missing. The system is not broken. It’s not for you.”
Since the 1970s, the US dollar’s purchasing power has decreased by around 95%. Imagine leaving your hard-earned wages in the bank for 50 years.
That’s not all. In 1970, the average UK housing costs less than three times the average annual wage. By 2025, it will be more than seven times the average wage. Buying a home has become dramatically more affordable for the average worker over the past 55 years.
At “Fiat Farms”, they are milked for labor, sheared by taxes and inflation, and harvested for “productivity metrics” and slack messages.
“They call it ‘grinds.’
It’s an equipped extraction machine and opting out is not about protests or riots. It’s about walking quietly away from dependence on the system.
Everything is not lost: Bitcoin as a time machine
If you’re ready to get off the wreck, Bitcoin is your lifesaving technique. Livingstone describes Bitcoin as a time machine for the poor, not a speculative gambling.
“It won’t inflate. I won’t lie. I won’t ask for permission. I haven’t bought any magical internet money. You’re buying back the future. You’ve been sitting at once.”
If Fiat is designed to collapse, Bitcoin offers a fixed supply implemented in code rather than political whim. According to Livingston, exacerbating the issue of wage slavery is the fact that you have been given poor investment advice all your life. Traditional financial advice sounds safe on the surface:
“Buy bonds.”
“Diversify.”
“Mutual funds are safe.”
But he argues that diversification is merely dealing with poverty. The point is not to unconsciously spray money on asset classes where everything sinks in with inflation. It’s about avoiding the operation of a declining system.
“But it’s broken!” You don’t even say I can save my vacation and put my money aside for my financial future. That’s a good thing, Livingston insists, turning the normal fear of its head overturn:
“That means you’re paying attention.”
Stacking Bitcoin doesn’t mean being rich. “It’s not disappearing.” Even $5 a day is important. So we cut Netflix. Cancel the aimless branch and begin to regain the sovereignty that was sitting at once.