7/3/25 Roundup: Monetary Independence & the Bitcoin Revolution

Echoes of the First Revolution

July 4th commemorates the moment a group of colonists rejected rule by distant elites who taxed without consent and debased the value of their money. That same impulse—to reclaim sovereignty over the forces that shape daily life—resonates today in a different domain.

What began in 1776 as a fight for self-determination now re-emerges in response to unchecked monetary policy, spiraling deficits, and the erosion of savings. The stakes remain high. Only the tools have changed.

Debasement: From Capital Crime to Core Policy

When the Coinage Act of 1792 was signed into law, it codified the death penalty for anyone caught debasing the U.S. currency. That punishment underscored how seriously the founders viewed the integrity of money.

Today, currency debasement is institutionalized. The Fed explicitly targets perpetual inflation. Annual deficits routinely exceed $2 trillion. Public debt is climbing past $37 trillion. A system so dependent on monetary expansion to function has no built-in mechanism for reversal. It only moves forward by issuing more promises and printing more dollars.