Part 9/15:

The creation of the Federal Reserve in 1913 was the culmination of this process—shifting authority from local banks to an insulated central institution designed to manage credit and currency supply. Over the decades, this model has relied on the ability to multiply collateral claims—be it converted gold into paper claims or fractional reserve banking—allowing the "elite" to control the flow and expansion of money.

Bitcoin’s Disruption of the Old Guard

Bitcoin differs fundamentally: each coin is transparent, trackable, and cannot be quietly inflated or rehypothecated. Unlike gold or fiat, which is often leveraged through synthetic claims held in unregulated, opaque venues, Bitcoin’s on-chain transparency exposes every movement.