Core purpose
A core purpose of Trace Mayer is to be a champion of monetary sovereignty through non-violent cryptographic means for individuals to protect and preserve their agency and freedom from oppression in the very controversial political battle over money and property rights.
To further that purpose, he was the first popular blogger to step onto the battlefield of ideas and publicly recommend the powerful blockchain technology Bitcoin with a market capitalization under $2m.
In 2015, he delivered an impromptu speech on what the future of Bitcoin will be and why.
In 2013 he helped organize and presented at the first Bitcoin conference. He also helped GATA accept Bitcoin and has been a GATA supporter since the 2000’s.
Bitcoin is fulfilling its destiny, as he explained and predicted in 2010, and in January 2021 the Bitcoin market cap had massively swollen to over $800B
He coined the term: The Hodler of Last Resort and started the annual Proof of Keys celebration. During 2021 Proof of Keys approximately more than $3B of Bitcoin was withdrawn from exchanges.
From Isaac Newton, a supernal monetary scientist who as Master of the Mint created the gold standard, to Nikola Tesla to Steve Jobs it is the innovators and disrupters that forever change markets as well as our lives.
The currency markets are the largest markets in the world, ripe for innovation and massive fortunes will be transferred and made in the creative destruction.
Blockchain technology holds the most disruptive potential for actually being able to execute such massive creative destruction as capital burrows down the liquidity pyramid into safer and more liquid assets like gold and Bitcoin.
The main purpose of Trace Mayer’s work, almost all of it provided to all mankind for free and at great risk to himself since tyrants love to silence the conscience, is to provide ideas and information on monetary science and economics that will help prepare people to combat the extremely dangerous false ideas currently in the marketplace that are causing many undesirable and harmful effects worldwide.
Ideas can only be overcome by other ideas. Money and force are impotent against ideas. Government abuse of currency has enabled many evils including the rise of dictators and perpetuation of genocide. The abandonment of sound money is the chief reason, if not the only reason, that the world has become such a dangerous place.
These issues are not new and have been thoroughly explored by the world’s greatest polymaths.
In 1722, polymath Emanuel Swedenborg wrote a paper to the Swedish House of Nobles concerning the negative effects of inflation and benefits of sound money.
In 1832, polymath Johann Wolfgang von Goethe published Faust Part Two, his magnum opus and considered to be the greatest work of German literature, which warned about the deleterious effects stemming from abuse of currency starting on line 4,925.
In 1844, United States Presidential candidate Joseph Smith said:
