Jimmy Song - Fiat Ruins Everything

— Fiat money corrupts institutions and incentives across society, from education and employment to family structures and political systems.

— Rent-seeking jobs—positions that extract value without creating it—are incentivized by fiat systems through status, job security, and access to debt.

— Education has been debased by fiat incentives; schools are funded on attendance and graduation rates rather than learning outcomes, resulting in an average sixth-grade education level in America.

— No-fault divorce laws, enabled by welfare state expansion, have devalued marriage as a covenant and increased societal dysfunction despite intentions to reduce trauma.

— Fiat monetary expansion inflates speculative asset bubbles and concentrates wealth among the already rich, while devaluing work, savings, and genuine entrepreneurship.

— Bitcoin and sound money can restore meaningful relationships, community-based commerce, and family legacy as organizing principles of society.

— Recognize that rent-seeking positions may offer status and stability but provide little personal fulfillment or value creation; prioritize work that genuinely serves others or build your own business aligned with your values.

— Understand that Bitcoin's appeal as a savings vehicle is fundamentally different from speculative altcoin markets or VC-funded startups; holding Bitcoin represents monetization of sound money rather than rent-seeking.

— Consider that under sound money, smaller community-based businesses and family enterprises become viable and more meaningful than corporate employment; use this long-term perspective to plan career and business decisions.