The Money System Designed to Keep You Poor

How Mining Breaks the Old Money System

Episode 8 showed how fiat money always enters the economy through insiders first.

This lesson focuses on something different:

👉 Why Bitcoin mining makes money creation fair — for the first time in history.

1. Bitcoin Doesn’t Have “Insiders” Who Get New Money First

In the fiat system, new money appears at the top:

• central banks
• government spending
• commercial banks
• large institutions

Everyone else gets it later — after prices already rise.

Bitcoin flips this completely.

New bitcoin is created only through mining, and anyone can attempt it.

There are no:

• private meetings
• preferred access
• early recipients

Just open competition under fixed rules.

2. Mining Turns Energy Into Fair Issuance

To earn new bitcoin, a miner must do three things:

1. Spend real energy
2. Follow the consensus rules
3. Produce valid proof-of-work

If the rules are not followed, the network rejects the block.

No authority decides who “deserves” new money — the protocol does.

Effort is rewarded, not connections.

This is why Bitcoin has no Cantillon Effect inside its own system.

3. Mining Is a Global Lottery Powered by Physics

Proof-of-work is often misunderstood as “solving puzzles.”

But it’s actually simple:

Miners guess numbers billions of times per second until one of them finds a valid block.

It’s a lottery in which:

• energy = your tickets
• the rules = identical for everyone
• winning = adding the next block

There is no shortcut.

No special relationship gives you an edge.

The physics is fair to everyone.

4. Small Miners Still Matter — Even if They Rarely Find a Block

Most bitcoin today is mined in large facilities — but that doesn’t erase the importance of smaller miners.

Every independent miner:

• adds decentralization
• increases total network security
• reduces the influence of large pools

You don’t need to win a block to have impact.

Mining strengthens Bitcoin anytime many people participate, not just a few giants.

This protects Bitcoin from becoming the same centralized system it was built to replace.

5. Mining Enforces the Core Rule: 21 Million Forever

Mining is not only about rewards — it’s how Bitcoin stays honest.

Nodes enforce the rules, but miners must follow them to earn rewards. That means:

• transactions get verified
• halvings happen on schedule
• difficulty adjusts fairly
• issuance stays predictable

Together, nodes and miners make the 21 million limit unbreakable — no government or institution can override it.

6. Why Mining Makes Bitcoin Different

Bitcoin doesn’t fix money by being digital.

It fixes money because:

• anyone can help secure it
• creation is earned, not granted
• supply is fixed
• rules can’t be bent for insiders

Mining replaced political power with mathematical fairness.

That’s why Bitcoin isn’t just “better money” — it’s different money.