Storied take on the David Webb "The Great Taking" from the perspective of a self-sovereign Bitcoin holder.
"The Last Ledger" follows Sarah Chen, who heeds economist David Rogers Webb's warnings about "The Great Taking" - a systematic wealth confiscation enabled by decades of legal changes that converted property ownership into intermediated claims. As Bitcoin lending platforms collapse through rehypothecation schemes that mirror traditional securities fraud, Sarah's decision to maintain self-custody Bitcoin transforms her from paranoid prepper to community banker. While the majority of Americans lose their savings to pro-rata distributions in cascading financial failures, small communities of Bitcoin holders create parallel economies that operate outside the new Central Bank Digital Currency surveillance system. The story illustrates how Webb's predicted collapse unfolds through voluntary participation in intermediated systems, and how those who maintain direct ownership of scarce assets gain unprecedented leverage during systemic failure. Ultimately, it explores the possibility that financial system collapse, while devastating for most, could liberate those prepared with truly sovereign money to build more cooperative economic relationships free from extractive intermediation. #BitcoinAudible #theGreatTaking #Bitcoin #Mandibles
https://habla.news/u/thegig@getalby.com/thelastledger
also Check out the original read by nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev https://fountain.fm/episode/jdtLvkhU4WnkOP4zQMA4
