The Solution to Save a Generation of Lost Men Is ... Bitcoin

Didn't see that coming, did you? Read to find out how.

Jul 08, 2025

I just listened to a Jordan Peterson podcast, titled ‘When Does Masculinity Become Toxic? | David French | EP 560.’ In it, Peterson and French talk about the attack on masculinity, as well as a related topic of the differences in their growing up in the 70s and 80s as young and middling children, compared to the way kids are growing up now and how kids are allowed to play. They explain how this contributes to some men becoming toxic, while others become hopeless. They talk of much more, which you can read in the podcast description, but I wanted to focus on the different ways the different generations were allowed to play, as it’s related to the attack on masculinity which is hurting both men and women. The podcast is worth the listen, which you can catch here on YouTube.

As someone who is involved in politics and very concerned that monetary policy is one of the greatest contributors to the many problems that Canada and other countries are facing, I couldn’t help but react to what they were saying about their childhood, which matched mine, for I saw a correlation to their overall topic.

They said that as young kids they were allowed to go outside and play, wander around the town, come home for meal times, go out again and return by their curfew. I had the exact same childhood. Born in 1969, I grew up as a young child in the 70s and middling child in the early 80s. I too roamed around the village where I grew up. I visited friends houses, organized games of road hockey, soccer, or baseball, as well as crab apple wars in forts we had made, with homemade shields for blocking ammunition thrown at us. The shields weren’t up to the task of protection and we would all tromp home with numerous welts, happier than pigs in shit. It was great!

One of the men mentioned that at that time, most of the mom’s were at home and that they were a loose network of people that kept an eye out for the neighborhood kids, that they would call another parent if something happened, that sort of thing. And things did happen: fights, broken arms, legs, black eyes from crab apple fights, etc.

Often the moms would meet at each others houses to chat and socialize. This was my experience as well. I remember one time the mom of my best friend came over to my house, and I could hear the two moms chatting. My best friend’s mom was given a tour of the house, and she made the comment “So this is how the other half live.”

Now, please understand that at that time my parents were far from wealthy. However, compared to some in Lucan, they were certainly better off. I was twelve or thirteen at the time and the two ladies were sipping coffee in the kitchen.

I distinctly remember my mother’s response, because it pointed out something that at that time, made my family different than most other families. My mom said, “Doreen, you’d be surprised the difference two incomes can make.”

My friend’s mom was a homemaker; her husband was the sole source of income. This was common at the time where I lived. In my family, both my parents worked, and at that time it was beyond uncommon and best described as rare. My dad sold real estate and insurance, and my mom cut hair in the basement of the house. She started doing that when my youngest sibling was about five or so and I was eight.

The comment stuck with me and I brought it up at the dinner table that night. My parents let me know that having a second income was what turned things around for my family. You see, in the 70s, inflation was soaring. In the mid and later part of that decade, it was around 10%. It peaked at about 12.5% in the early 80s and then slowly started dropping, only stabilizing at about 4.3% in the mid 80s. They had bought a two-story, four-bedroom house with a half-acre yard for $20,000 in 1970, and were paying an interest rate of about 10.5% for that decade and at least half of the 80s.

So yes, times were tough for many people. The tradition of having a mom stay home while the dad worked became a luxury. On top of that, with women’s roles changing, women were being encouraged to enter the workforce. So there were two forces at work that initiated change, though the cost of living was the bigger one at that time. Cost of living was forcing families to have both parents working.

And now we’re at the heart of the matter. Why was cost of living so high? Why was inflation rising?

A part of it was the oil crisis, created by an oil embargo that forced the price of oil to go up, which had a downstream effect on most goods. But that isn’t the main reason.

Cost of living crisis - Meme by EstebanVasquez :) Memedroid — Meme by EstebanVasquez

You see, money printing has not just been happening during the Covid era and beyond. It has been happening steadily since World War 1. In fact, it has been happening long before that as well, but at a slower rate.

When your government and the country’s banks print money, there is more money chasing the same number of goods and services. When supply does not meet demand, prices go up. The suppliers eventually make more goods/services and the prices then stabilize at their new, higher cost.

How do you fix this? You stop printing money. That stabilizes prices at their current level. However, can you trust a government to do this? I don’t think so. Politicians have too much pressure from its electorate to give them things the government cannot afford, which the government borrows more money for, continuously adding to the debt, until eventually the country reaches hyperinflation. The government is caught in the Kobayashi Maru1 - the unwinnable situation. The citizens are unaware that their freebies are the very thing making most things unaffordable. So they keep asking their politicians for more.

How does one get out of an unwinnable situation if politicians are always tempted to print more money? You take the temptation away.

How do you do that? You invent a form of money that is controlled by the people of the world, not by any one government, company, or group.

Such an invention has already occurred. It is called Bitcoin.

Bitcoin has a hard cap of 21 million bitcoins. That’s all there will ever be. And since it’s controlled by everyone, it will never change, for everyone would have to agree to make more, but that would be against everyone’s self-interest, which means it will never happen.

When a money cannot have more printed, and is not controlled by the government, then it’s out of politicians’ hands. First prices of goods stabilize, and then they slowly start to go down.

As prices go down, people’s real wages (accounting for inflation, or in this case, deflation) start to go up. People can now by more items with X amount of money in a deflationary system, where before they would buy less items with X amount of money in an inflationary system.

As prices continue to go down, people’s wages will slowly go down too. Yet, at the same time as their wages go down, their purchasing power will go up. Remember, what’s important is not how much money you have, but how much purchasing power you have with that money. What’s better: $10 that buys a burger and fries, or $2 that buys three burgers and three fries?

As prices go down and wages go down, the cost of living goes down. At some point, the wages of Canada, which are high compared to developing countries, will become comparable with those of developing nations, yet at the same time have increasing purchasing power. This means manufacturing jobs will eventually come back to the country, increasing employment opportunities and creating more wealth as well as increasing the tax base, making it easier to pay for infrastructure, further increasing the country’s desirability to be invested in by people with capital.

And as the deflation continues, eventually families will reach a point where only one of the parents needs to work in order to pay the bills, though both could still work if they chose. Now, we’re back at the point where only one parent worked in the 60s and earlier, but we also have the added benefit of male and female roles changing, adapting, and the family deciding what is best for it and coming to a decision about who will work and who will stay home. The one parent need not stay a homemaker the whole time.

The family will now have a choice. They will have a choice because of deflation, made possible by a technological invention.

And as technology in various fields continues to improve, making things cheaper, better, faster, it will only further put depreciation pressure on goods and services, increasing not money, but purchasing power, making everyone more wealthy.

And finally, to tie it back to Peterson and French, we’re back to a time where one parent, be it the mom or the dad, is at home, loosely looking after not just their children, but those of the neighborhood.

Obviously some other changes have to happen too, like reducing screen time and removing social media from children’s hands, but it can happen.

Children can play again. Loosely supervised. Building social and mental resilience: something that our inflationary system has driven out of our kids.

We can have this back again. Why?

Bitcoin fixes this.

If you want to learn more about how inflation is created as well as how Bitcoin fixes it, watch the video below.2 The forty minutes you spend will change your life.

The Agora

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