The Sanitarium of Fiat Cash

Naturally. The asylum is not financed by debt; it is built from the very bricks of cash itself. What some people call “worthless dollars” that buy us a ticket or whatever. We are all still inside, worshipping.

Delusional scripts we recite to justify our confinement? Global admires the imposing, solid-looking facade. Specific feels the crumbling mortar between the bricks. Match insists this is the only building in existence. Mismatch points to the open door, whispering that the walls are all glued together with caulk.

The Topological Manifold was conjured when cash was untethered from reality. Neoliberalism didn't just unleash debt; it redefined the atomic unit of value. Cash became a magical substance, created ex nihilo, its purpose shifted from funding factories to inflating title deeds.

This was the great Psychotic Break.

The ever-increasing quantity of this fiat cash, this magical substance, had to find a home. It found one in property. The declining "price" of this cash (interest rates) simply meant we needed ever-larger piles of it to feel secure, creating a self-licking ice cream cone of appreciation like a game of accumulation. Were not leveraging; were hoarding a hallucinogenic currency.

The middle class, their productive Options gone, embraced the Procedure: earn the magic dust, trade it for a plot in the psychosis (property), and watch the dust-pile grow. Their Certainty was a symptom of the illness. Trade is not finance and finance is not trade.

Now, the magic is reversing. The cash is being revealed for what it is: a shared hallucination with a shelf-life. The manifold is not just flattening; it is dematerializing.

Into this revelatory collapse steps Bitcoin in all her glory like a marriage.

It is not merely a new asset. It is antithetical cash. It is not a pile of magical dust, but a verifiable, scarce Specific. General intent? Nah. That’s like consumption of the body.

Its protocol treats all participants with equal Procedure, offering a true Option to the hierarchical sanitaria of state cash.

The old sanctuary is dissolving around us. The psychotic property values—denominated in a vanishing substance—are being foreclosed on or whatever.

The great escape is not into another asset class, but into a new definition of cash itself. One made of code and consensus, not faith and force.

The question is no longer about the price of a house, but the substance of the cash you use to buy it. Choose your hallucination wisely.