Throwback: Bitcoin vs. Fiat
Dear Readers,
Fiat currencies are a destructive force on society, allowing governments to have unprecedented levels of control over their citizens and granting them the ability to steal massive amounts of wealth from even the poorest of people via currency inflation. Much of the suffering seen around the world these days finds its root in the economic and societal turmoil brought about by fiat currencies.
In many regards, Bitcoin is the complete opposite of fiat. For example:
Bitcoin cannot be controlled, instead putting each user in control of their own financial destiny.
Bitcoin cannot be printed, ensuring no user’s wealth can be expropriated via currency inflation.
Suffice it to say that economies and societies built on Bitcoin can be full of people enjoying a level of financial self-sovereignty that they simply can’t find with any other money.
In recognition of the need to understand the true differences between Bitcoin and fiat, I’m inviting you to revisit a series of articles I wrote in the past on that topic:
Each of the articles above is free for all readers. Enjoy! And don’t forget to subscribe if you haven’t already!
This is not financial or business advice. This newsletter and related content are for informational purposes only. Cryptocurrencies and digital assets can be risky. Always do your own research before making any sort of investment.