Dan on Nostr: Our American 20 year olds ONLY have known and benefited from a world of USA FIAT ...
Our American 20 year olds ONLY have known and benefited from a world of USA FIAT money world dominance. Everything they use and buy was built by a person in another country making the current average equivalent of $3 per hour. Every phone, every car, every toaster, everything.
This next economic super cycle, powered by Bitcoin will take the average $3 buying power and average it back to the average $20 USA buying power, creating a defacto $11 or less. Pricing will go down, and purchasing power will go up, BUT, Americans will pay a strong price for what their dollar dominance has done over the last 50 years.
I'm telling the 20 year olds to get world class skills, invest in bitcoin, or, adjust to a world with much less material wealth going forward.
Bitcoin erases world money, "fiat slavery" that has been taking advantage of developing nations and people around the world for years. Get ready for massive change.
This next economic super cycle, powered by Bitcoin will take the average $3 buying power and average it back to the average $20 USA buying power, creating a defacto $11 or less. Pricing will go down, and purchasing power will go up, BUT, Americans will pay a strong price for what their dollar dominance has done over the last 50 years.
I'm telling the 20 year olds to get world class skills, invest in bitcoin, or, adjust to a world with much less material wealth going forward.
Bitcoin erases world money, "fiat slavery" that has been taking advantage of developing nations and people around the world for years. Get ready for massive change.