"What you know you can't explain, but you feel it. You've felt it your entire life, that there's something wrong with the world. You don't know what it is, but it's there, like a splinter in your mind, driving you mad. It is this feeling that has brought you to me. Do you know what I'm talking about?"
-Morpheus, The Matrix
This quote illustrates how I felt during the 2008 Financial Crisis. My spidey senses were telling me that something was broken in our financial system, but I had no clue what it was. I was thinking there is no way that all of these big financial institutions should be having such problems. I didn’t understand what was happening. Therefore, I had zero confidence that I or the people I was trusting could manage our nest-egg into and through retirement. When asked, those people just shrugged their shoulders and said, ”stuff like this happens and then the market comes back.” At that point, I decided that I must personally understand what was broken, if I wanted a sense of confidence in my financial future. So, I started researching each night and every weekend, and it hasn’t stopped. I went down lots of rabbit holes to understand money, inflation, governments, interest rates, money printing, debt, central banks, policies, etc. It was exhilarating and scary. I was very alarmed when I finally started to grasp the levels of money printing and debt that exists. My initial conclusion was that financial collapse was imminent. Then I learned I was wrong. I learned that money printing has been in place for a while now. I learned that it can go on for much longer than I thought. I finally understood exactly the meaning of the phrase: kick the can down the road. I learned that our current financial system is nothing new. In fact, we are in a cycle that gets historically repeated over-and-over. With my newly found history lessons and knowledge you might be thinking that I immediately turned to bitcoin. I wish! I actually did find bitcoin early in 2010, but I thought bitcoin had no chance of success, so I laughed at it for 5 years. I had a friend who tried to convince me otherwise, but I wouldn’t listen. This friend proved me wrong twice. After the third time, I finally went down the bitcoin rabbit hole.