The HiFi Bitcoin Letters
The HiFi Bitcoin Letters
Letter #186: A “Speculative Attack” On Fiat
0:00
-3:05

Paid episode

The full episode is only available to paid subscribers of The HiFi Bitcoin Letters

Letter #186: A “Speculative Attack” On Fiat

Read now to learn how owning Bitcoin instead of paying down debt is the ultimately attack against fiat that none of us realize we're launching.
2

Dear Readers,

Fiat currencies are weak. Their governance is riddled with the biases of politicians and autocrats who make decisions on a whim to benefit themselves at the expense of their own citizens. We also certainly can’t forget how government-created inflation has led to the widespread theft of wealth and time, not to mention total economic destruction in certain cases.

The weakness of fiat currencies has led millions of people around the world to flee the fiat financial system for Bitcoin, and the pace at which society is abandoning fiat is only accelerating. As it turns out though, we may be taking a shot, so to speak, at our fiat currencies as we head for the exit.

This post is for paid subscribers