Bitcoin’s recent surge beyond $125,000 is more than just a notable milestone; it’s a scoreboard in an invisible currency war that few people realize they’re losing. The current system seems flawed for a reason. Wall Street continues to tally wealth in depreciating dollars, politicians preach prosperity, and legacy media tracks asset booms. However, when the yardstick is turned and traditional wealth is measured in Bitcoin, the gilded illusion begins to tear apart.
The Changing Denominator: Illusions in USD
A scan of the markets reveals prosperity everywhere, from stocks to real estate, if one still thinks in dollars. But when zooming out and changing units, the performance that everyone boasts about suddenly looks more like a last gasp than a victory lap. For instance, gold has seen a 45% increase year-over-year, now valued at $3,900/oz, which sounds bullish at first glance. Unless you measure US houses or the S&P 500 in gold, you’ll find flat, sometimes negative, returns. This is the same old story: debasing the currency inflates assets, but real prosperity stagnates when measured against real collateral.
In Bitcoin Terms: Catastrophic Real Losses
The real nightmare begins when using Bitcoin as a measure. The median US real estate prices, considered “safe” investments, have plummeted from 9 to 10 BTC in 2021 to below 4 BTC. Gold itself? Bitcoin has increased by 952% over the past five years, while gold has only seen a 104% increase. This disparity becomes even more stark before considering stocks and houses. The assets of the old world are melting into irrelevance, and values measured in BTC look like lottery tickets. This significant divergence highlights the catastrophic real losses incurred when traditional assets are evaluated against a store of value like Bitcoin.
Not Just the Deviation Trade; It’s a Ledger of the Collapse
Let’s be realistic; the “risk-asset” meme about Bitcoin is a coping mechanism. Wall Street groups BTC alongside tech shares for narrative comfort, but its price action screams reserve currency and marks everything else for reevaluation post-2020. As Bitcoin continues to be monetized, today’s charts, shares, real estate, and gold all become subject to reevaluation. Macro and crypto analyst Sightbringer emphasizes on X that the curve-in and regulating history always follows this pattern: “This is the same signature that every hyperinflationary or currency regime shift in history has marked: When people hold on to the debasing unit, they feel rich, but measured in the next credible collateral, their system breaks down.”
Understanding the Currency War
The wage delay, exploding debts, political spins, and media still clinging to USD as a measure of wealth are all symptoms of a larger issue. America’s imperial support trade, which relies on attracting global capital, inflating asset prices at home, and exporting risk, is running on vapors. Gold is stagnating, property values are fluctuating wildly when measured in BTC, and the polite commentary is that the game is almost over, with almost nobody correctly positioned. As Sightbringer confirms, “This is not a normal market cycle. It is the transition phase of the account unit. And almost nobody is positioned for it because they still measure their ‘returns’ on the wrong yardstick.”
The Last Phase: The Last Stand of the Carry Trade
Bitcoin doesn’t just rise; it reveals the silent currency war. The death of the dollar does not bring Bitcoin to victory, but the real losers are still cheering in the melting pot of depreciating assets. The scoreboard, hidden from those still measuring wealth in USD, shows a different story. It’s a story of a shifting financial landscape where traditional assets are being reevaluated against a new standard. For more insights into Bitcoin’s role in the currency war and its implications on traditional wealth, visit https://cryptoslate.com/bitcoins-hidden-scoreboard-the-currency-war-no-one-knows-theyre-fighting/.
