The Great Parasite and Bitcoin: The Prophecy Margiotta Warned About Is Now Unfolding

For best results when printing this announcement, please click on link below:On March 7, 2025, President Donald Trump signed an executive orderestablishing a Strategic Bitcoin Reserve in the United States. Funded withBitcoin seized from legal proceedings, this move marks a drastic shift in thecountry's monetary policy and confirms many of the warnings Micael Margiottaoutlined in The Great Parasite: the manipulation of money, the erosion ofpurchasing power, and the shift toward a financial system based on digitalcontrol—while Bitcoin stands as the solution.As the Federal Reserve struggles to contain inflation and avoid a recession,Bitcoin continues to establish itself as the only truly scarce anddecentralized form of money. What once seemed like a conspiracy theory is nowan open battle between two colliding monetary models: a debt-based,manipulated financial system versus a decentralized, censorship-resistantalternative.The Federal Reserve and the Dollar CrisisMargiotta argues that the Federal Reserve is not an institution that protectseconomic stability but a mechanism designed to benefit a financial elite. Theuncontrolled printing of fiat money has served to transfer wealth fromcitizens to the government and banks, while inflation has impoverished thegeneral population.Since the 2020 pandemic, the Fed has injected over $8 trillion into theeconomy, triggering the worst inflationary crisis in over 40 years. In 2025,the Federal Reserve Bank of Atlanta projects a possible economic contractiondue to declining consumer spending and tariff uncertainty.Bitcoin, in contrast, operates under a transparent and unchangeable monetarypolicy. Its fixed supply of 21 million coins prevents arbitrary devaluationand protects users from the collapse of the dollar. The U.S. government'sdecision to include Bitcoin in its economic strategy is an implicitacknowledgment of its value as a strategic reserve asset.The End of the Petrodollar and the Rise of BitcoinSince 1971, the dollar's dominance has been sustained through the petrodollarsystem, which requires countries to purchase oil exclusively in U.S. dollars.Margiotta warned that this model was destined to collapse, as it was notbacked by real value but by political agreements and economic pressure.Recent events have confirmed his prediction. Since 2023, China, Russia, andSaudi Arabia have started trading oil in yuan, rubles, and gold, weakeningglobal demand for the dollar. In response, the U.S. has taken an unexpectedturn—adopting Bitcoin as a strategic asset rather than blindly defending thepetrodollar.Although Trump's Strategic Bitcoin Reserve does not involve direct purchaseswith public funds, the decision to hold seized Bitcoin suggests the governmentrecognizes its long-term value. The irony is clear: while the U.S. pressuresother countries to limit Bitcoin adoption, it is now quietly integrating itinto its own financial system.CBDCs Halted, but Stablecoin Adoption RisesMargiotta described central bank digital currencies (CBDCs) as the final phaseof total financial control. These would allow governments to track everytransaction, restrict access to money, and enforce limitations based onpolitical criteria.China has already implemented its digital yuan, linked to its social creditsystem. In the U.S., while the Biden administration explored the developmentof a CBDC, Trump's return to power has halted those plans. Federal ReserveChairman Jerome Powell has reaffirmed that the U.S. will not have a CBDCwithout congressional approval, effectively delaying its implementation.However, instead of promoting the use of cash, the government has begunadopting stablecoins—digital tokens representing U.S. dollars on publicblockchains. This enables the digitization of money without requiring anofficial CBDC. Companies like Circle and Tether, which issue stablecoinsbacked by dollars, have seen increasing adoption within the traditionalfinancial system.The strategy seems clear: while the U.S. officially halts CBDCs, it is pushingcentralized tokens that serve the same purpose—without the label of acentral bank digital currency. Meanwhile, Bitcoin remains the only trulydecentralized alternative that escapes government control.El Salvador and IMF PressureMargiotta predicted that smaller nations would be the first to challenge theglobal financial system, as they have less to lose and more to gain byadopting a decentralized model.El Salvador has continued accumulating Bitcoin, increasing its reserves toover 6,102 BTC. Despite pressure from the International Monetary Fund (IMF),which conditioned a $1.4 billion loan on reducing Bitcoin's status as legaltender, the Salvadoran government has continued purchasing Bitcoin for itstreasury.The IMF demanded that Bitcoin no longer be mandatory for tax payments andbusinesses, but the country has maintained its accumulation strategy. Theparadox is that now the U.S. is following the same path—pressuring ElSalvador to diminish Bitcoin's role while storing Bitcoin in its own strategicreserve.Bitcoin and the Collapse of the Fiat SystemThe predictions in The Great Parasite about the collapse of the debt-basedfinancial system are coming true. The inflation crisis, the decline of thepetrodollar, and the digitization of money indicate that the fiat model isreaching its limits.Margiotta warned that during the transition to a new financial order,governments would attempt to control the process through digital assetregulation and economic surveillance systems. He also foresaw that Bitcoinwould not only be adopted by individuals and companies but would eventually beaccumulated by nation-states—just as the U.S. is now doing with itsStrategic Bitcoin Reserve.This confirms that the clash between the fiat system and Bitcoin is no longera hypothesis but an evolving reality. The story Margiotta described in hisbook is unfolding, and its outcome will define the future of money in thecoming decades.