brett on Nostr: On this day in 1971, President Nixon (Republican) severed the dollar's last tie to ...

On this day in 1971, President Nixon (Republican) severed the dollar's last tie to gold, ENDING two decades of unprecedented growth and prosperity. 53 years later, the world still feels the aftershocks of this disastrous decision.

A chilling reminder of why we #Bitcoin. It's not to "invest". It's not to "make money". It's because the central bank kleptocracy has failed in society and #Bitcoin (not alt-coins) is our only way out.

The charts don't lie. A worthwhile 5 minute watch.

Bitcoin fixes this.

https://youtu.be/UUIfw3YH0N0?si=CxD1jUIE0tftsyyp