SwissHodler on Nostr: #TheBitcoinStandard simplified to the max 🧡 CHAPTER 4: GOVERNMENT MONEY Fiat ...
#TheBitcoinStandard simplified to the max 🧡
CHAPTER 4: GOVERNMENT MONEY
Fiat Currency Emergence: Governments adopted fiat currency, unbacked by physical assets.
Inflation Effects: Fiat money allows unlimited printing, leading to inflation and reduced purchasing power.
Control and Consequences: Central control over money supply can destabilize economies.
#Bitcoin #BTC #BitcoinStandard
saifedean (npub1gdu…6nak) #SwissHodler
CHAPTER 4: GOVERNMENT MONEY
Fiat Currency Emergence: Governments adopted fiat currency, unbacked by physical assets.
Inflation Effects: Fiat money allows unlimited printing, leading to inflation and reduced purchasing power.
Control and Consequences: Central control over money supply can destabilize economies.
#Bitcoin #BTC #BitcoinStandard
saifedean (npub1gdu…6nak) #SwissHodler